Since my semester ended, I have been throwing myself into my FBA business. I have been focusing on books while also dabbling in CDs and video games. When I started this last winter, I was swamped with school and also trying to mostly sell retail items I found at Walmart and other big stores. Books are my niche though as I grew up at Borders and then worked for them as well. I also hate big box stores and prefer the low upfront cost of used books. I have managed to more than triple the number of items I’ve sold this month from last… Progress!
So what is FBA, or fulfilled by Amazon? The gist of it is that I scan used books at library sales, thrift stores, and garage sales, using a handheld scanner that connects to my phone and a couple different apps. I then determine if it is profitable and likely to sell and assess the condition of the book. I buy them and when I get home the real work begins.
Next, I have to create a listing by determining a price and condition and writing a description. I really hate shopping for books online only to find a copy-and-paste description of the condition so I put in the extea time and effort of writing a quick description. With my lasy shipment, I sorted them into stacks of like conditions so I could paste it a bunch of times and then write a new one, etc. Once that is done, I use a blow dryer and label peeler to get the stickers off, and a microfiber towel and rubbing alcohol to remove any sticky residue or dirt. This is labor intensive but important as bad reviews and returns do happen. My years of retail and customer service experience have taught me that presentation is important.
Finally, I search for each book’s listing in my database, select them all, create a shipment, print and apply the labels on each book, and pack them up in a box. Packing includes weighing and measuring the box and then printing a shipping label. My last shipment was four boxes, two of which were 50lbs each.
I take the boxes to a UPS drop off and then wait. Once Amazon has received them, I start watching my sales increase. I also have to adjust prices manually, though I will be investing the time and money in a repricing program soon as I have over 200 listings in stock. For a fee, Amazon stores my product, places it in front of the customer, handles the transaction, ships it to them, and takes care of any customer service issue. There is an advantage to FBA over merchant fulfilled as so many people have Prime accounts now and want their purchases right away. I also pay for a scanning app that is superior to the free ones and makes scanning and deciding much faster, which is crucial when Wallace is with me.
I have been creating business goals to get me to the level of income we need to be self sufficient and on the road. Though I’ve already tripled my sales, I now need to quadruple them and keep them there! I am determined to make this happen and am setting myself up to get there.
Have any questions about FBA or third party Amazon sellers? I knew nothing about this and rarely shopped online before I started so I have learned a lot!