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how seller make money by selling 1p staff on amazon
daxu
Posts: 188 Forumite
Hi,
I saw some sellers sell 1p staff on amazon (e.g. books). My colleague showed me that when you sell some book for 1p and buyer pays delivery 2.80, Amazon actually takes like 1.35£ away, so you can only cover the postage and not making any money (but amazon did make good profit).
Other than increasing the total sales counter, is there any other reason for doing so?
Many Thanks
I saw some sellers sell 1p staff on amazon (e.g. books). My colleague showed me that when you sell some book for 1p and buyer pays delivery 2.80, Amazon actually takes like 1.35£ away, so you can only cover the postage and not making any money (but amazon did make good profit).
Other than increasing the total sales counter, is there any other reason for doing so?
Many Thanks
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Comments
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As was explained on your other thread mega sellers may be relying on volume rather than profit per item sold. A pro seller also pays less fees per single transaction to Amazon, and pay a monthly subscription instead.Hi,
I saw some sellers sell 1p staff on amazon (e.g. books). My colleague showed me that when you sell some book for 1p and buyer pays delivery 2.80, Amazon actually takes like 1.35£ away, so you can only cover the postage and not making any money (but amazon did make good profit).
Other than increasing the total sales counter, is there any other reason for doing so?
Many Thanks
So you are making the mistake of comparing the basic costs and income for a private seller against those of a pro seller.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
It depends on the size/weight of the book. High volume sellers can get some turnover from it, some sellers will, quite possibly, be losing money.Hi,
I saw some sellers sell 1p staff on amazon (e.g. books). My colleague showed me that when you sell some book for 1p and buyer pays delivery 2.80, Amazon actually takes like 1.35£ away, so you can only cover the postage and not making any money (but amazon did make good profit).
Other than increasing the total sales counter, is there any other reason for doing so?
Many Thanks.0 -
As was explained on your other thread mega sellers may be relying on volume rather than profit per item sold. A pro seller also pays less fees per single transaction to Amazon, and pay a monthly subscription instead.
So you are making the mistake of comparing the basic costs and income for a private seller against those of a pro seller.
I never sell anything on amazon before, I thought amazon takes like 10% or 20% etc, just didn't realize that amazon takes that much.0 -
I never sell anything on amazon before, I thought amazon takes like 10% or 20% etc, just didn't realize that amazon takes that much.
There are 2 fees charged by Amazon a percentage and a fixed sum and it varies depending on category , however pro sellers don't pay the fixed sum. For non pro sellers in the book section selling low cost items the fees can be very high.
It takes a bit of sorting out but the fees are here:
http://services.amazon.co.uk/services/sell-online/pricing.html#pricing_benefitsI’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
All is explained here: http://www.theguardian.com/books/2015/apr/14/selling-used-books-on-amazon-for-a-penny
SPCome on people, it's not difficult: lose means to be unable to find, loose means not being fixed in place. So if you have a hole in your pocket you might lose your loose change.0 -
If you're talking about books, a basic seller pays 75p plus 15%, a Pro seller pays £25/month and pays 15%. That includes everything, VAT and payment handling.I never sell anything on amazon before, I thought amazon takes like 10% or 20% etc, just didn't realize that amazon takes that much..0 -
As was explained on your other thread mega sellers may be relying on volume rather than profit per item sold.
Selling lots of things at a loss is a not a very good idea.
Sadly lots of ebay/amazon sellers seem to mistake turnover for profit.
As OP says Amazon still earns a (tax free) fortune though."Love you Dave Brooker! x"
"i sent a letter headded sales of god act 1979"0 -
According to their Q1 2015 figures, Amazon work in a similar way, high turnover and net losses. They don't, despite news reports, operate tax free. Take them out of the British economy and it would be in a bigger mess. They're a massive direct employer and indirectly 'employ' countless SMEs and their staff.Brooker_Dave wrote: »Selling lots of things at a loss is a not a very good idea.
Sadly lots of ebay/amazon sellers seem to mistake turnover for profit.
As OP says Amazon still earns a (tax free) fortune though..0 -
I'm not entirely sure the relevant point in that article is correct. Unless it works different in the US and/or for basic sellers Amazon take 15% of the post allowance and not just of the penny.StumpyPumpy wrote: »All is explained here: http://www.theguardian.com/books/2015/apr/14/selling-used-books-on-amazon-for-a-penny
SP.0 -
How hard do these staff for 1p work, I am thinking of becoming a criminal gangmaster and that sounds like an easy start?The truth may be out there, but the lies are inside your head. Terry Pratchett
http.thisisnotalink.cöm0
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