Selling your stuff on Amazon - Part 6- Advice for newbies in first post

larmy16

EEEEuuuurgh! I watched a Fun Song Factory video through while I was ironing , and someone bought it the other day. Guess what, the video inside was not the one on the cover! Well I told the lady to keep it and refunded her. That will teach me.

On a strange note, I sold another video which cost me 30p and it went for 12.50 so I should have a nice little profit on it. Yes I have watched it as well! What I don't understand, is that there was a brand new one cheaper and the seller had good feedback too. Wierd - but I am not complaining:j

Oh please don't let me make any more mistakes for a LONG time:o

redcar_2

Hi All

Have been lurking on here for a while and now started selling on Amazon, approx £60 so far but even more satisfying is freeing up space in my house.

I was hoping you more experienced Amazonites might be able to clear up something that has been nagging me about Amazon fees. If I sell a book for £10 I thought I would pay £0.86 closing fees, £1.725 Amazon percentage, making a total £2.59 Amazon fees and then VAT (15%) on that. However on my sales it charges £2.68 for the Amazon fees. I've tried it for other sales prices as I'm trying to work out a formula so I know in advance how much I'd get for any book price. Anyone know why?

apprentice_tycoon

Hi redcar, welcome to the thread....

You are correct with the 86p selling fees and the percentage of the sale price and VAT but then they take some of the postage charges that the buyer has paid them off you as well, how much depends on what you're selling, there is a link in the first post under the 'fees' section

redcar_2

Thanks Apprenticetycoon

Sad nerd that I am I have that later in my spread sheet but I still can't make things add up!

Looking on Amazon its says these fees are 43p ex VAT or 49p inc VAT but that still doesn't add up for me...

redcar_2

Oops should have said I'm only selling books.

ksh123

Hi
I apologise if this has been asked before, but I have done a search and re-read the first pages and can't find the answer.......

if the book is heavier than is covered by Amazon's PP how do you charge more, and how do you explain to the buyer? I have a few 1p books I'd like to list but, because they are heavy I will not make any money at all.

thanks

apprentice_tycoon

Hi there redcar - you made my brain hurt! - amazon don't set it out on the 'review your listing' page in a clear way. I did a dummy run to show you how they work it out.......bear in mind that you'd be charged an extra 86p as you are not a pro merchant yet.


Your price: £10.00
Quantity: 1
Postage charge to buyer on your behalf (if sold):
Learn more about the Postage charge £2.75 for delivery within the UK*

Amazon.co.uk Marketplace fees (if sold):
Learn more about Seller Fees (£1.93) for delivery within the UK* VAT on

Amazon.co.uk Marketplace fees:
Learn more about VAT on Seller Fees (£0.29) for delivery within the UK*

Total you will receive (if sold): £10.53 for delivery within the UK*
(Read Amazon.co.uk's Fees & Pricing guidelines and Postage Credits & Delivery policy)


What they have done is this - these figures are easier to understand and thankfully it adds up to what they say it does!

Book sold for £10.00
add...............£2.75 for the buyers p&p
subtract.........£1.73 for your .1725% fees rounded up
subtract ...........49 for the bit they take off the postage charges

and what you have left is the same £10.53

apprentice_tycoon

ksh123 wrote:

Hi
I apologise if this has been asked before, but I have done a search and re-read the first pages and can't find the answer.......

if the book is heavier than is covered by Amazon's PP how do you charge more, and how do you explain to the buyer? I have a few 1p books I'd like to list but, because they are heavy I will not make any money at all.

thanks

I'm afraid that you can't charge any more, you pay the extra out of your takings so you need to price your books high enough to allow for this.
Your 1p books will cost you money to sell I'm afraid - unless by chance there is only one nutcase selling for 1p and the rest of them are a better price and you can list yours at a good price, if not the only answer is to ebay them or give them away - sorry, it's not the answer you wanted

redcar_2

Phew thanks AT. That was making my brain hurt big time too. Can see now from your post where I was going wrong... I didn't realise the 0.86p and 17.25% had the VAT included already.

teapot2

cazmeg wrote:

I received over 500 emails telling me that most of my books need to be relisted! Is there an easy way to do this ? I wasn't expecting it as I have been pro-merchant twice and cancelled it, so this has never happened before..Hope that makes sense. Thanks Cazmeg.

Hi Cazmeg,

this doesn't solve the issue of relisting but it does take some of the headache out of it. I try not to list more than 20 items on any one day so that I don't get too many relisting emails all at once as Amazon send the emails out according to the date they were listed. You still have to relist but I don't find it so daunting doing that in relatively small numbers.

Good luck Teapot