Understanding Sales Rank

How to Sell Used Books on Amazon Understanding Sales Rank
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Transcript

Section for understanding sales rank. Amazon wants to sell profitable books. They have developed a system for sellers to use that informs them of a books value. It is called sales rank. sales rank is a number from one to around 62 million for books. A sales rank of one means it is the most popular and fastest selling book on Amazon.

The higher the sales rank, the less popular it is, and the less likely it is to sell. We want low sales rank books. Other product categories have significantly smaller sales rank ranges, the book category happens to be the largest category. That's why there are over 62 million entries for them in Amazon's database for training purposes and to get some quick wins Try not to sell any book with a sales rank of 1.2 million or higher. At 1.2 million rank book is a book that is within the top 3% of the most popular books on Amazon. One thing about sales rank that is most important To know is that does not stay static.

A book can be ranked at 1 million, and when a person buys the book, its sales rank will drop immediately to 100,000. The longer the book goes without selling the higher and higher the rank will be over time. There are third party software's that will show you sales rank analytics over time, but they will cost a monthly fee if you are a professional seller and Amazon is highly recommended to pay for sales rank tracking software. I will go over these types of software in my next course.

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