How To Make Money Selling Books on Amazon?

Can you sell books to Amazon? Yes! Can you make money selling books on Amazon? A big fat YES! If you are interested in starting a side hustle or launching a successful business, making money selling books on Amazon can be a great strategy. This can help you reach customers all over the world - whether you are looking to liquidate your brick-and-mortar book business, sell rare collectibles, publish your book, or sell children's or comic books.

Books were Amazon's bread and butter in the beginning; it was all they sold. However, with time, that’s changed, and they’ve now expanded to include a wide range of things. Even today, books continue to play a significant role in the Amazon marketplaces today. They have made billions of dollars while revolutionizing the book publishing industry through Amazon book sales.

According to a recent study, online purchases constitute a significant 62% of all books, music, and videos.

If you're interested in selling books to Amazon and making some money, you've come to the right place. Our experts will provide you with all the information you need.

Ready to enter the world of Amazon book selling? Let's get started!

Is Selling Books On Amazon Profitable?

“Can I sell books on Amazon and grow a profitable business?” Many people sell books on the side for extra cash or even turn it into a full-time career because they can make a good profit. You can buy a book for a few dollars and sell it for ten times that amount or more.

However, not all books will be profitable for you. You need to do some research to find books that are in high demand. But don't worry; with online selling tips and tactics, you can build a successful business selling books.

If you're looking for a platform to sell your books, Amazon is undoubtedly the best place to do so. This retail giant has established itself as the undisputed leader in the print book market, with an impressive market share of over 50%. Moreover, it has also made significant strides in the ebook market, providing authors with a wider audience and more opportunities to sell their works. 

Amazon's ever-growing customer base is another reason why it's the go-to platform for selling books. With more and more people signing up for Prime memberships every day, the platform has become the de facto marketplace for buying books. Authors can leverage Amazon's powerful algorithms and extensive marketing tools to promote their books and reach a wider audience.

How To Sell Books On Amazon?

“Do I need a genie to help me sell my book on Amazon?” Nope. You just need to learn the basics, and you're good to go! The truth is that it takes time to become a great bookseller. So, to achieve your goals, you must first establish a strategy.

To get started, follow these steps:

  • You must choose the genre of books that you will sell.
  • Discover best-selling books with the help of research tools.
  • Learn one or more strategies for regularly locating profitable books.
  • Create an Amazon seller account.
  • Put your books on Amazon's list.
  • Choose an order fulfillment method (FBM or FBA).

How To Make Money On Amazon Selling Books?

Figuring out how to sell your book on Amazon to make money? Here are some things you need to know. You can sell everything from collectibles to classics, nonfiction, comic books, and textbooks. A seller is free to choose any genre they like, but they should think about which books would sell well and have high average purchases.

Let's get into the specifics of listing your eBook as a self-published author and selling books back to Amazon.

  • Selling New Books Online

For some buyers, nothing beats the feeling of a freshly printed book. New books are usually available through publishers, wholesalers, or distributors. However, they can be expensive, so plan accordingly if you wish to sell them.

  • Selling Used Books Online

Used books are more accessible, less expensive, and, depending on where you shop, can even be more lucrative than new ones. Used books can be found at secondhand bookstores, thrift stores, estate sales, or even just sitting on a shelf. Websites, library sales, and neighborhood yard sales are among other options to consider.

  • Selling Books Without An ISBN

Wondering if selling my book on Amazon is possible without an ISBN? There's nothing to worry about, as it sure is. You can locate the registration code for a book, known as the International Standard Book Number (ISBN), on the barcode or inside the dust jacket. An ISBN may not be included if the book's printing date is before 1970. If that is the case, you can actually sell the book on Amazon by requesting an exception.

  • Selling Collectible or Rare Books Online

Time to answer the most asked question: Can you sell books on Amazon that are old and rare?

Selling rare or collectible books with limited availability can be profitable. These may include niche books, first editions, old or signed copies, and certain comic books and graphic novels. Demand is higher, competition is lower, and you can charge a higher price. Just remember to go through the process for authorization.

  • Selling Your eBooks Online

Thinking about sharing your masterpiece with the world? Consider self-publishing with Kindle Direct Publishing (KDP). With KDP, you have control over your rights and pricing and can make changes anytime. Plus, you earn royalties on sales.

How Do I Sell Books On Amazon?

Are you ready to sell my books to Amazon, but wondering how to start? Well, we have great news for you! Here is a step-by-step guide on how to make your account and listings:

Step 1: Create an Account

To become an Amazon seller, you first need to create an account. Usually, there are two types of accounts: Professional and Individual.

  • The Professional account costs $39.99 per month, but you won't have to pay any additional fees to Amazon when you sell a book.
  • On the other hand, the Individual account is free, but you'll have to pay Amazon $0.99 every time you sell a book. To open an Individual Seller account, simply click "Sign up" to become an individual seller.

To choose the right account, estimate your monthly book sales. If you sell less than 40 copies, choose the Individual account. For more sales, go with the Professional account.

Step 2: List Your Book

  • You can start making listings as soon as your account is ready:
  • Enter your login information for Amazon Seller Central.
  • Go to the Catalog section (located in the upper left corner) and choose the Add Product option.
  • To begin searching for your book, enter its ISBN. Like a Universal Product Code (UPC), this is a unique identifier for each book. You may usually find it on the copyright page on the back of the book beside the bar code.
  • Most books are already listed on Amazon. If this is the case with your book, then follow the following steps:
  • Choose the condition you are offering: new, collectible, or used.
  • Tap on the "Sell this product" button.
  • Provide your book's SKU here. You can use any code you like for this. Amazon will generate an SKU automatically if you do not provide one.
  • Put in your budget. Do not overcharge because you are competing with other vendors. You will be in a stronger position to win the buy box if your pricing is the lowest.
  • Enter the number of books you are selling.
  • Opt for a method of fulfillment:
  • With Merchant Fulfilled, you handle inventory and shipping on your own.
  • Using Fulfilled by Amazon (FBA) allows you to send your books to Amazon and have them handle order fulfillment.
  • To finish, click Save.

Anytime your book is not shown in the search results, it is not on Amazon yet. You can build your listing by creating a new one. Along with the book's title, author, quantity, and price, you will need to input some other crucial details.

Step 3: Monitoring Book Sales & Improving

After listing your books for sale, it's essential to keep track of your sales to determine which ones are selling and which ones are not. If some books are not selling, you may need to adjust their prices. It's important to remember that the lower the price, the better your chances of winning the buy box.

This is a feature that allows customers to purchase a product with a single click. By winning the buy box, your book becomes the one that's purchased. However, you should also be careful not to price your books too low, as it may affect your profit margins.

While some books may take longer to sell than others, choosing the right books to sell can help increase your chances of making a sale. So, ensure you keep an eye on your margins and adjust your prices accordingly.

What's The Cost of Selling Books on Amazon?

When selling books on Amazon, consider overhead costs, delivery charges, royalties, and referral fees. A 15% referral fee and closing fee must be paid to Amazon for every book sold, along with fees for a Professional or Individual seller account. 

Operating costs include FBA charges for storage, disposal, penalties, and shipping. Selling books on Amazon's Kindle earns royalties, but Amazon takes a percentage as commission. Despite these fees, selling books on Amazon is still cost-effective.

Do You Need an Amazon Seller Account to Sell Books?

If you want to sell and publish books as an author, you can sell on Amazon without a Seller Account. You might be thinking of a regular individual seller account or a professional seller account when you hear the term "KDP method," but that is not the case. Seller Central and KDP are two distinct entities.

If you want to sell books digitally or in paperback through KDP, you won’t need the usual seller account verification like a utility bill, passport, or bank statement. Therefore, if you wish to sell books on Amazon, you may publish and distribute your books both digitally and in print using Amazon's Kindle Direct Publishing platform, which is much less expensive and does not require a seller account.

How To Publish A Book On Amazon And Make Money?

Kindle Direct Publishing (KDP) is Amazon's ebook division that assists in formatting, creating, and marketing digital books quickly. Once you're prepared to publish, KDP will guide you through the process of creating an impactful title, adding authors and contributors, crafting an effective book description, and selecting the most suitable categories for your book. Additionally, you can create a pre-order form to promote future ebooks (not available for printed books).

While it may sound interesting to some, others may find this whole process overwhelming. But there's a solution to every problem, right?

For self-publishing, you have Maven Ghostwriters to take care of everything on your behalf. So don't waste any more time and get in touch with us. From writing books for you to publishing and distributing them, we’re here to help you. 

So, let’s begin!

Frequently Asked Questions

Selling books on Amazon can be a profitable venture depending on your book's subject and your motivation. According to Amazon's website, 60% of multichannel vendors reported that Amazon generated the most revenue growth. Globally, annual ebook sales exceed $28 billion, according to the e-commerce giant.

Amazon offers two royalty programs for paperback copies: one provides 60% royalties, and the other offers 40% royalties. If you sell books through Amazon's regular distribution network, you'll receive 60% royalties.

KDP is a platform that lets you publish your eBooks, paperbacks, and hardcover books without any cost. So, yes, you can easily utilize KDP to sell your books.

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