It has been one month since the check-in process began for a portion of the books that I purchased from one of the best estate sale book hauls I’ve attended so far this year. You can read more about that sale here. I shipped a total of 497 books to Amazon’s warehouses on 8/18. Out of those 497 books, a little over 80 of them were books that I purchased from thrift stores and the rest were books purchased from this particular estate sale.
My shipment arrived at Amazon’s warehouses on 8/25 and the check-in/receiving process officially began that same day. As soon as the check-in process began, books starting flying off the “shelves” so to speak. The bulk of my sales actually occurred over a 4-day period, with sales slowing to a crawl by Friday (8/29) and picking up again on Sunday (8/31). Once that influx of sales was over, the weeks that followed began to paint a better picture of the ebb and flow of selling books on Amazon.
Before I get into specifics, I should note that the sales I discuss below do not paint the most accurate picture because I wasn’t able to ship all of he books that I purchased. I still have over 150 books from this estate sale haul that arrived at Amazon’s warehouse on 9/25 — exactly one month after the first batch was checked in. Yes, I realize that I waited quite a while to ship those remaining books, but in order to get that first shipment of books out the door and into Amazon’s warehouses as quickly as possible, I knew I had to process this haul into two separate shipments. With the first shipment, my main goal was to send in the most profitable books first (those that I purchased during the first half of the sale) and then try to get through as many of the books from the “box lot” hour as possible. As of today (9/26), all of the books purchased from this estate sale are finally out of my house! 🙂
This year seems to have flown by until I hit the month of August. This month actually felt like it was moving at a snail’s pace and I attribute much of that feeling to the fact that I was on pins and needles throughout this month for one reason or another related to re-selling. Nonetheless, I got through this month and walked away feeling quite accomplished (despite having a ton of unprocessed inventory staring back at me as I type this post). I met a few milestones this month and I’m proud to report that I’m on an accelerated path to paying off my student loans much faster (more on that below).
As I preface in all of my income reports, the figures that I report below are from part-time re-selling (anywhere from 2 to 10 hours per week). My first and full-time job is my family and my home. Re-selling is something that I do on the side to help make accelerated payments towards my student loans. I have no intentions of turning this into a full-time career — I just want to pay off my loans and enjoy a little treasure hunting while I’m at it. With that in mind, if you can dedicate full-time hours to re-selling, your numbers will in all likelihood be higher than those that I report on this blog.
With that disclaimer out of the way, let’s jump into my sales and how I fared in meeting my student loan payoff goal.…
It is high time I sat down and wrote another post about how things are going on my end. I am still knee-deep in trying to get books and other inventory out of the door, so this post will be short and to the point…I hope. 🙂
Back to My Roots
Almost 8 years ago, I started selling books on Amazon as a merchant fulfilled seller. I sold books (primarily textbooks) as a way to earn some extra money while in college and it worked pretty well for me until I stopped right around 2008. Sure, I’ve merchant fulfilled quite a few low ranking, fast flip items since I started using Amazon FBA, but approximately 99.9% of the merchandise I sell on Amazon is fulfilled by Amazon.
…that was until two weeks ago when I resumed selling as a merchant-fulfilled bookseller.
While in the middle of trying to get a large shipment of books out the door, I was having problems using my listing service (Listtee) and to make a complicated issue short, I had to finish the listing process through Amazon’s “Seller Central.” I took the .csv file of books I had already priced and labeled in Listtee and uploaded that to Amazon with every intention of immediately converting those listings to “Fulfilled by Amazon.”