Book selling for negative profit?

I’ve sold books online via Amazon (and I’ve listed on eBay also) for several years. Unless I got very, very lucky, I seldom made much money on those books. However, recently, I’ve seen negative profits. That’s right— the fees and postage are so high that Amazon is getting all the profit.

See this screen shot:

Amazon fees

Basically, the math isn’t in the seller’s favor here. For a $2.00 book sale, Amazon charged me $3.69 in fees, and for a $2.50 book sale, Amazon charged me $3.76. Even with the actual shipping cost being slightly less than the customer paid, I lost money, as I had to provide shipping materials and get the item to a post office. The only reason I got paid at all was the $6.56 book had a fee of $4.37. Sadly, since my state (Georgia) insists that Amazon collect sales tax on these used book sales, the buyer is not getting good value either. That book cost the buyer nearly $7, which is not a good deal for a used pamphlet.

Clearly, Amazon is not the best solution for book selling any more, so I removed all listings wherein the “fee” was as much or more than the book. Those will either be listed on eBay, or donated.

While I really love putting books into the hands of readers who will enjoy them, there is no sense in losing money to this relentless corporation.

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