User
Write something
Q&A Weekly Feed the Beast Call is happening in 25 hours
Introduce yourself for a free GIFT!
Introduce yourself following the steps below and my team will DM you the "triggers" I believe are best for ScoutIQ to use when finding FREE books! 1. Introduce yourself by stating where you are from and what your profit goal is! 2. Go through the 5 day bookselling workshop here starthumble.com/beast, it doesn't take long and it's a complete overview of what you need to know selling books on Amazon. 3. Be sure to Feed the Beast and ship profitable inventory to Amazon every single week and show up to our live coaching calls at 7:30 EST on Tuesdays!
10
32
New comment 12h ago
Introduction
Hey everyone, I from Florida beginning to learn about book selling FBA. My Goal is to profit $3K a month as I learn in the first few months. After 6 months 7K a month net, and of course I’ll take more if I work hard enough.
1
0
Houston Area Books
Anyone near big ole Houston area that might want to scan 4-5 boxes of books - no rush, please message me if you need books in that area by any chance!
4
5
New comment 9d ago
Houston Area Books
How to Reprice Books and Boost Your Profit Margins by 25%
For Amazon FBA booksellers, strategic repricing is essential to increasing profit margins, speeding up sell-through rates, and avoiding unnecessary fees. This guide dives into effective repricing tactics to maximize your earnings while keeping fees and storage costs low. The Repricing Goal: More Profit, Faster Sales, Fewer Fees 1. Optimize Pricing: The right repricing strategy should allow you to sell books at the highest possible price without sacrificing sell-through rates. Aim for a turnover of at least 20% of your inventory monthly. For instance, if you have 1,000 books, aim to sell 200 each month. This helps maintain a healthy cash flow, reducing your exposure to Amazon’s long-term storage and removal fees. 2. Purge Inventory Effectively: When books don’t sell within a reasonable timeframe, consider lowering the price enough to avoid removal fees. Even a minor loss can be preferable to the removal fee. For example, if selling a book at a $1.50 loss is cheaper than Amazon’s $2.20 removal fee, you save $0.70 per book. Over 1,000 books, this approach saves you $700, making it a vital tactic for efficient inventory management. The 5-Step Repricing Strategy 0–30 Days: Set an optimistic price to capture the most profit. Set your minimum price at this price (example if you list a book for $17, the min price is also $17 so the repricer doesnt mess with it) This means we’re pricing at FBA offer 2,3,4 if their is a gap between those prices and the buy box price AND the demand of the book is good (low sales rank). During this initial period, hold the price steady, only adjusting to increase if you can still compete for the Buy Box. 30–90 Days: Adjust the minimum price down to $9, matching the Buy Box price to drive sales without sacrificing profit significantly and protecting ourselves from super low ball book prices. 90+ Days: To increase the likelihood of a sale, begin undercutting the Buy Box by a penny. 150+ Days: Time to cut your losses, drop prices low enough to move any remaining inventory, avoiding Amazon’s removal fees. This ensures even low-margin books don’t end up costing you in storage and disposal fees.
1
0
Just for Fun
Go2Lister but in memes… I’m just playing, but if you want to play, too, play! I had one per word but this guy summed it up for me. 😅 I do want to make a three panel version but I’ll let someone else go next… What’s yours look like?
4
2
New comment 26d ago
Just for Fun
1-25 of 25
Feed the Beast
skool.com/feedthebeast
We are a community focused on helping each other achieve success selling books on Amazon FBA by sending in as much profitable inventory as possible!
Leaderboard (30-day)
powered by