Disbelief with Amazon Fees.
May 7, 2013 3:36 PM Subscribe
I have so many used books to sell that I decided to start posting them on Amazon, and much to my amazement, they are selling like hotcakes. In the meantime, I'm having a hard time parsing the unbelievable "fees" Amazon is charging me. Is this for real? Am I doing something wrong? What are my options?
So let me give you an example. I have an individual account with Amazon and I only have a few hundred books to sell. I list a book at $4.00 and I am responsible for shipping - a $3.99 allowance given to me. Luckily, that's a little over what I actually need to spend shipping something via media mail. But let's set that aside.
For the $4.00 item, Amazon charges me "Amazon fees" of $2.94. 73% of the sale goes to Amazon - this seems like a totally ridiculous amount to me. Luckily I gain about a dollar back on shipping costs, but then again I have to pay for the envelopes and spend my time waiting at the post office.
So is this just a total waste of my time? Are there any tricks I should know about? Should I charge more for books at the risk of them not selling, or find a better place to sell? Any insight or experience would be much appreciated.