How I Make £100 Every Month From Amazon Without Really Trying

How I Make £100 Every Month From Amazon Without Really Trying

   This is the simplest but yet most effective money-making system that anyone will ever show you. This is true 4-Hour Work Week material. If you like books then this is the perfect business for you. I am going to assume that you have an Ebay and Amazon account already. Here are the steps:

1)      Go to Ebay and search “books joblot”.

2)      Identify joblots within a reasonable driving distance which have a unit cost of 10p or less (5p preferably). Don’t bother with anything less than 200 unit lots. Try to identify those which have Non-Fiction rather than fiction available in the picture.

3)      Make a bid.

4)      Collect your wins and list the books individually on Amazon.

5)      Put fiction in a separate pile. Put Children’s books in a separate pile. These will be sold at Car Boot sales – or back on Ebay as Joblots.

6)      In other words we have picked out the Non-Fiction as our core lines. Store these alphabetically for easy picking.

7)      Sales will come thick and fast on Amazon. With an inventory of c 1500, I see 30 sales a month, every month.

8)      Use your profits to buy more stock.

   With a rolling inventory of around 1500 books bringing in c £100 a month, it is reasonable to assume that a 3000 unit stock would bring in £200 and a 10,000 unit inventory would bring in c. £600. The only limit is space in your house and how many books you can fit in your vehicle.

   As you scale up sales can be increased by listing on sites other than Amazon. Also, once past 40 items per month you should be stepping up to the Amazon Pro-Level.

   Eventually you may find that Amazon FBA is the right thing for you.