For some perspective on this post, here are last month’s bookselling results.
Now to this month’s stats:
Number of Sales: 148
Sales: $1,221.87
Shipping Credit: $590.80
Inventory Costs: $504.88
Amazon Commission: $377.92
Shipping Costs: $381.90
Packaging Materials: $83.24
Scouting Fee: $60 (Recurring monthly fee)
Amazon Marketplace Membership: $39.99 (Recurring monthly fee)
My Brother’s Commission: $150
GRAND TOTAL: $214.71
The first month of profitability!
Best Sale of the Month was:
Disability, Society, and the Individual
A pretty good month and I hope to have another profitable month in June but internet sales are notoriously slower in the Summer because people spend less time indoors and less time shopping online. Still, my fingers are crossed. My brother continues to pick up high quality inventory and I will try to get out there every once in a while and find some good books to sell!
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{ 2 comments… read them below or add one }
Very impressive! My only question is why are shipping costs included in your P&L? Shouldn’t the customers be footing that bill?
You’re right, customers do pay for shipping. I’ve simply included the numbers to show the difference between shipping credit (what the customer pays Amazon and Amazon pays me for shipping) and shipping costs (what it actually costs me for postage). I make quite a bit of profit on the difference.