Comments on: $1742.20 in One Day from Leftovers? Amazon – Quick & Dirty Guide II

By: Tina

Tina — Thu, 30 Jun 2011 20:53:03 +0000

Hi Steve
Like Thomas, I would be interested to know the answer of some similar question.
if we can get some information on how sale depends on he sales rank, number of Items offered etc that would be great. Mainly items like new and used books, toys, cookware, CDs, DVDs etc.
Like for book–whats the good sales rank to sell it in the minimum time? Is it lower than 50,000? Or lower than 25,000? When is it possible to sell it within a month?

For toys: whats the threshold sales rank for selling it within a month?
Also for the CDs and DVDs
I know it all depend on many factors, still if we can get a list of these ranks comparison for some popular item, I think that would be nice. Specially if we can get it from an experience seller like you.
I am currently trying to join Amazon but just not 100% confident yet. should I just start with self fulfil and then start FBA? Also does this scanner help the seller who are not on FBA? Is FBA only good for the seller who wants to sell for long time?
Hope to read your 2nd book soon. I am really very short on money which is pushing me back everytime I try to step forward. Really not in a position to lose money. Thanks for the nice support.

By: thomas

thomas — Sun, 12 Jun 2011 13:31:51 +0000

What is a good pricing trigger to use if you are going to sell on FBA?

EXample:

Ranking- 1,000,000
Price- $1.00
How many offered- 100

By: Steven

Steven — Wed, 01 Jun 2011 02:58:29 +0000

I read the book and it really open my eyes to how much more than books could be sold on Amazon. I download the app for the FBA scout for doing books then the other day (after reading this book) I was at Office Depot getting some things for work and I walked over to the clearance table and found some cell phone metal covers that where on clearance for $3.98 and the lowest FBA seller was $13 with most selling for $15 plus, I bought 6, then I picked up a universal notebook power adapter that was priced for $7.99 and lowest FBA listing was $22, I bought it. The next day I was at Dollar General and saw I classic board game for sell at $8, I scanned it and the low FBA seller was listed at $19 and 5 of them was just sitting there for the taking. All of these items had good rankings and believer they will sell quickly.
Before reading this book I was walking right past things like this every day, but not even more, now I find myself scanning things everyday and finding a few things everywhere I go. I am finding gold everywhere!
I hate to admit it, but now when my wife is going shopping I ask if I can come along, as long as I can carry my FBA scout with me.

By: Alliison H

Alliison H — Tue, 05 Apr 2011 13:54:37 +0000

Hi Steve, I want to just reconfirm FBA Scout, it’s wonderful. I just got it for the Iphone (it just came out a few days ago) Used it on Friday night and found a few toys on clearance at WalMart which I immediately sent into FBA. The ranking was 354!!
There’s a nice library sale in my area this weekend and I’m going for sure! Looking forward to reading your book (I’ve read your other one and it was great, too) I love this biz!!!

By: Steve

Steve — Mon, 04 Apr 2011 23:38:45 +0000

Hi David, I actually tried to consider my readers in countries outside the U.S. when I wrote this ebook. Human nature being what it is, the concepts will work nearly anywhere.

By: David B.

David B. — Mon, 04 Apr 2011 21:04:26 +0000

Hi Steve,

I am interested to know how your methods will work in the U.K.
My thoughts are that Amazon UK could be very profitable with the right products.Your comments would be appreciated.
Cheers David.

By: aj

aj — Mon, 07 Mar 2011 11:28:58 +0000

Thanks Steve

By: Steve

Steve — Thu, 03 Mar 2011 18:42:03 +0000

aj – I switched to FBA when I had around 200 listings. I especially hated packing and shipping orders. But, I also found that everything began selling much faster and my business really took off from there. The Pro Merchant fee ($39/mo.) is insignificant at this point. I wouldn’t go back to the old way for anything. I say, take the leap.

By: aj

aj — Tue, 22 Feb 2011 14:40:37 +0000

Hi Steve,

At what point does a person decide to switch over to FBA? I’ve got about 235 listing on Amazon at the moment and I’ve got a ways to go in order to get my inventory up.

Would my stuff sell faster using FBA? I know there is a $40 fee per month but would it make sense to eat it now as opposed to waiting until I have 2,000 listings and then converting it?

I’m trying to be competitive on price but things aren’t selling as fast as I’d like.

Thanks

By: Steve

Steve — Thu, 03 Feb 2011 04:39:38 +0000

Hi Rob, I have sold lots of the paperbacks and made a good profit. If you use FBA, and you sell them for $3.75 to $4.00 minimum, you could earn around $1.50 a piece. Some may sell for more. They cost next to nothing to ship to Amazon, and the storage charge per book is super low. One thing to watch for though is the rank. If they are ranked 1million or worse, they will sit for a looong time.

I use an AsellerTool scanner, and when I get a big batch of books cheap, I consider the condition, the rank, how many are already offered, and the price – in that order. If the rank is pretty good, and there are only two or three dozen listed, chances are not bad that you’ll be one of the only FBA sellers, and yours may sell ahead of the competition. I just kind of go by my gut when weighing those various factors.