Want a book? Check eBay before you check out!

My daughter and I have been using eBay as our “go to” bookstore lately. As an eBay seller, I’ll assure you that the fees are far less when selling used items, including books, on eBay. When selling via the big A marketplace, the fees start at about $4, and go up incrementally. Obviously, selling anything other than textbooks or other high end items on the big A marketplace is not worthwhile. However, eBay’s current fee structure is 12% for books, which means sellers can offer better prices to customers. Also, big A has a flat fee of $3.99 to ship a book, unless the seller offers “free” shipping. As USPS offers “media mail” rates for smaller books, the shipping can be cheaper via eBay. Win-win, right?

Here’s an example of a book that I have placed on the marketplace for a client; basically big A gets $6 of the $17 price:

Amazon fee

The fee for that book on eBay would be $2.04. The difference between selling via eBay vs big A is 23%, which is about $4 on a book that costs $17.

Let’s say you’re a bottom feeder looking for a deal. Here’s what happens with a $5.50 book listed via the big A marketplace:

Amazon fee 2

The sale price is $5.50 and the fee for selling it via the marketplace is $4.21, which means the seller gets $1.29. Not many sellers will opt for such a small amount, which is bound to drive up the prices of used mass market paperbacks and/or popular hardcovers. By the way, as of this post, this same book is available for $3.34 on eBay, while the lowest possible price on big A is $4.75. Clearly, bottom feeders need to go to eBay for book purchases. And, while there, check out all the other goods available, from electronics, to clothing, to collectibles— often at better prices than you’ll find anywhere other than the neighborhood yard sale.

One reason buyers flock to big A is the user reviews. Unfortunately, those reviews are not particularly reliable. Big A is purported to fighting this issue, whether banning reviews by customers who have not purchased the item being reviewed, or attempting to  control “paid” reviewers. Lately, the issue with reviews on big A is a problem with “hijacked” reviews, where in a product’s reviews are actually for a different product. Certainly, if you must read those reviews, really read them, and don’t be fooled by the number of stars highlighted. All in all, while there may be more variety available on big A, the prices are probably better on eBay.

As a matter of full disclosure, I sell on both big A and eBay. My eBay store is here:

The Alternative Article

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.