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Here is the info on my last sale, so you can see the selling price:
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I was also able to find this item online and bought out the seller. (Not on Amazon, another site.) This product is now discontinued. I was the only seller for most of the 4 months I offered this item for sale. Profit on this item averaged $13. Total profit $13 x 50 = $650. You can click here to see that this item is currently unavailable on Amazon.
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Sonic Scrubber Power Cleaning Tool. I found these on clearance at grocery stores, hardware stores, and home improvement stores for between $6 and $13. Selling price was up to $44.95. I sold 45 of them between August 1 and October 31:
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Here is the info on my last sale, so you can see the selling price:
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Here is the info on my last sale, so you can see the selling price:
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Average profit per item was $24. Total profit $24 x 13 = $312.
So as you can see, selling on Amazon FBA is much more than just selling books or selling items from Big Lots and competing against other sellers for a few dollars profit. My profit on these 3 items alone was $2,042 over a 4 month period - and this is just 3 items! In fact, these 3 products paid my mortgage for 2 months. That is how exciting selling on Amazon can be!
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6 comments:
Thank you Suzanne for opening our minds to different places to look for items to sell. My gross (less shipping) for Amazon in 2011 was $5347. All I did was start listing from our excess inventory from eBay in Amazon. Most of my inventory is books, mainly cookbooks. However I also found some items laying around the house too and sold them for a nice profit versus a garage sale. I am still learning . . . . and I look forward to more than tripling my 2011 sales!
The K-Y Touch was a great find but I'm wondering what the grocery checker thought when you purchased so many at one time. lol!
Sarah, if asked by the grocery clerk I said I made newlywed gift baskets!
Hey
Can you stop promoting selling on amazon so it does become a doomed place like eBay due to extreme competition..? Even if you don't make a few extra $$ by selling lists it will repay you in the long run thank you
Hello, Lee - no, I won't stop promoting selling on Amazon, eBay, or any other online venue. There is enough to go around for everyone. I am flattered that you think my little blog of tips here is making that huge of an impact on the Amazon Marketplace. I think we will have to agree to disagree here - there are endless opportunities to sell online, and if you feel threatened by a blog about Amazon, perhaps you are in the wrong business.
Peace and blessings to you, Lee.
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