Advice for Booksellers on Amazon FBA

Ready for some advice? Today, I want to share with you my top three tips for success when selling used books on Amazon.

 

Tip #1: Do your accounting, and keep good records.

I know, I know, accounting isn’t the most exciting thing in the world. But trust me, it’s essential to your success as a used book seller. You need to keep track of your expenses, your profits, and everything in between. This will help you make informed decisions about your business and allow you to see where you can improve.

There are plenty of options out there for keeping track of your accounting. Quickbooks and Freshbooks are probably the most popular but there are others. These can help you keep track of your expenses, create financial reports, and send invoices as needed. And don’t forget to keep all your receipts and invoices organized in case you need them for tax purposes. Scanning anything important into a program like Evernote or Onenote can help you keep track of it.

Tip #2: Don’t fuss with things that don’t need to be fussed with.

It can be easy to get caught up in the minutiae of any business. You might spend hours tweaking your product listings or obsessing over customer feedback. But here’s the thing: if it ain’t broken, don’t fix it.

Instead, focus your time and attention on the aspects of your business that really need you like sourcing new inventory or improving your packaging and shipping process. And don’t forget to take breaks and step away from things every once in a while.

Tip #3: Don’t listen to people with ideas about how to game the system to make more money.

 

There are some people out there who will tell you that you can sell a used book as new if it looks like it hasn’t been read. Or that you can use fake reviews to boost your sales. But here’s the thing: Amazon has strict rules and policies in place to prevent this kind of behavior.

If you get caught doing anything sketchy or against Amazon’s policies, you risk getting your account suspended or even banned. And trust me, you only get one Amazon account, so it’s NOT worth the risk. Instead, focus on building an honest and reputable business. Treat your customers with respect and provide them with quality products and excellent customer service.

Learn more about avoiding the pitfalls of Amazon FBA.

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