Pricing

1 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$69.99
List Price:  $99.99
You save:  $30
€67.28
List Price:  €96.12
You save:  €28.84
£55.93
List Price:  £79.91
You save:  £23.97
CA$98.01
List Price:  CA$140.02
You save:  CA$42.01
A$107.87
List Price:  A$154.11
You save:  A$46.23
S$94.42
List Price:  S$134.90
You save:  S$40.47
HK$544.78
List Price:  HK$778.29
You save:  HK$233.51
CHF 62.22
List Price:  CHF 88.89
You save:  CHF 26.67
NOK kr779.46
List Price:  NOK kr1,113.56
You save:  NOK kr334.10
DKK kr501.79
List Price:  DKK kr716.88
You save:  DKK kr215.08
NZ$119.98
List Price:  NZ$171.41
You save:  NZ$51.43
د.إ257.07
List Price:  د.إ367.26
You save:  د.إ110.18
৳8,402.58
List Price:  ৳12,004.20
You save:  ৳3,601.62
₹5,911.93
List Price:  ₹8,445.97
You save:  ₹2,534.04
RM312.68
List Price:  RM446.70
You save:  RM134.02
₦118,358.68
List Price:  ₦169,091.08
You save:  ₦50,732.40
₨19,451.98
List Price:  ₨27,789.74
You save:  ₨8,337.75
฿2,421.30
List Price:  ฿3,459.15
You save:  ฿1,037.85
₺2,419.75
List Price:  ₺3,456.94
You save:  ₺1,037.18
B$406.81
List Price:  B$581.19
You save:  B$174.37
R1,266.21
List Price:  R1,808.95
You save:  R542.74
Лв131.43
List Price:  Лв187.77
You save:  Лв56.33
₩98,455.31
List Price:  ₩140,656.47
You save:  ₩42,201.16
₪260.61
List Price:  ₪372.31
You save:  ₪111.70
₱4,125.84
List Price:  ₱5,894.31
You save:  ₱1,768.47
¥10,813.84
List Price:  ¥15,449
You save:  ¥4,635.16
MX$1,432.62
List Price:  MX$2,046.69
You save:  MX$614.07
QR256.35
List Price:  QR366.23
You save:  QR109.88
P959.91
List Price:  P1,371.36
You save:  P411.45
KSh9,063.70
List Price:  KSh12,948.70
You save:  KSh3,885
E£3,476.67
List Price:  E£4,966.88
You save:  E£1,490.21
ብር8,762.26
List Price:  ብር12,518.05
You save:  ብር3,755.79
Kz63,877.12
List Price:  Kz91,256.94
You save:  Kz27,379.82
CLP$68,152.06
List Price:  CLP$97,364.26
You save:  CLP$29,212.20
CN¥507.37
List Price:  CN¥724.85
You save:  CN¥217.47
RD$4,236.71
List Price:  RD$6,052.70
You save:  RD$1,815.99
DA9,355.50
List Price:  DA13,365.57
You save:  DA4,010.07
FJ$159.32
List Price:  FJ$227.62
You save:  FJ$68.29
Q542.77
List Price:  Q775.43
You save:  Q232.65
GY$14,710.67
List Price:  GY$21,016.15
You save:  GY$6,305.47
ISK kr9,775.50
List Price:  ISK kr13,965.60
You save:  ISK kr4,190.10
DH703.21
List Price:  DH1,004.63
You save:  DH301.41
L1,276.61
List Price:  L1,823.81
You save:  L547.19
ден4,112.73
List Price:  ден5,875.58
You save:  ден1,762.85
MOP$563.70
List Price:  MOP$805.33
You save:  MOP$241.62
N$1,272.29
List Price:  N$1,817.64
You save:  N$545.34
C$2,573.53
List Price:  C$3,676.63
You save:  C$1,103.10
रु9,461.06
List Price:  रु13,516.38
You save:  रु4,055.32
S/267.08
List Price:  S/381.56
You save:  S/114.48
K283.05
List Price:  K404.37
You save:  K121.32
SAR262.80
List Price:  SAR375.44
You save:  SAR112.64
ZK1,938.90
List Price:  ZK2,769.98
You save:  ZK831.07
L334.76
List Price:  L478.25
You save:  L143.49
Kč1,707.89
List Price:  Kč2,439.96
You save:  Kč732.06
Ft27,663.65
List Price:  Ft39,521.19
You save:  Ft11,857.54
SEK kr779.03
List Price:  SEK kr1,112.95
You save:  SEK kr333.92
ARS$70,272.32
List Price:  ARS$100,393.34
You save:  ARS$30,121.01
Bs485.83
List Price:  Bs694.07
You save:  Bs208.24
COP$310,661.31
List Price:  COP$443,820.90
You save:  COP$133,159.58
₡35,743.76
List Price:  ₡51,064.70
You save:  ₡15,320.94
L1,776.85
List Price:  L2,538.46
You save:  L761.61
₲551,865.53
List Price:  ₲788,413.13
You save:  ₲236,547.59
$U2,996.30
List Price:  $U4,280.61
You save:  $U1,284.31
zł292.33
List Price:  zł417.63
You save:  zł125.30
Already have an account? Log In

Transcript

Section five, pricing. This is a good time to talk about pricing. As this will inform your buying decisions. Only you can decide what level of profit you are comfortable with. Some FBA sellers may sell bulk loads of books per day and can accept slightly lower profits per book because they're saving on bulk shipping rates by shipping many books to Amazon at once, and are happy to make $2 and 50 cents per book if they can process hundreds per week. It's a low margin.

Fast moving strategy seems like too much work. You can do what many resellers do, which is to hold out for books that have higher resale value, but are a little bit harder to come by. It is absolutely imperative that you always factor in your cost of doing business. with figuring out your pricing. Always know what the cumulative cost of shipping and packaging are, in addition to your buy cost. As a new seller always strive to get a 50% return on investment at an absolute minimum after your costs have been taken into account when you are scanning for books using the Amazon seller app, which we'll cover in the next section.

Always check against the low used FBA price. If you want your product to sell before or soon after the lowest price seller sells their book, you want to either match their price or come in one cent lower than their price. This will prevent a race to the bottom caused by automatic repricing programs.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.