Posts Tagged ‘Selling used books online’

Selling Books Today: Nickels, Dimes and Pennies

Friday, June 19th, 2009

stacks-pennies-nickels-dimesThese days, book selling can be a game of nickels, dimes and pennies. The difference of a few cents should matter to you, because all that is all it takes to see your margins skewered. Books are selling for less, and costing more.

We’ve seen three postal rate increases, in May 2008, January 2009 and May 2009, with no change in Amazon’s shipping rates. We still get only $2.65 to cover cost of shipping, which includes :

• Postage
• Tracking
• Shipping materials

All together, shipping can actually cost you:

• $2.78 for 1 lb
• $2.77 for 2 lbs
• $3.16 for 3 lbs

Are you beginning to see the problem?

I sell 1000 books per day. My main challenge is postage. With all the rate increases on the commercial side, we’ve seen rates go (more…)