and in this video I'm going to show you
guys how to use the Amazon seller app to
scan books to determine if things are
profitable or not Reesie resells follow
the hustle what's up guys welcome to the
channel my name is resi I go by Reesie
resells and on my channel I teach people
how to sell used books on Amazon
basically how to break the chains of
that nine-to-five life and how to live a
life with passion via using Amazon and
specifically used books as an exit
strategy used books are great because
you can start selling used books with
next to no money and in the vein of that
thought this video is going to be very
great for you beginners that are
watching this video because one of the
things that is burdensome about getting
started on Amazon is that there's a lot
of apps and services that cost monthly
fees and everyone's trying to market and
sell it to you and even the amazon
selling account itself which is free and
has a $40 a month pro merchant version
you know that's hard to find the free
version etc etcetera so up front you
feel like it's not like eBay because
it's not free and it's harder to get
into but I promise you it is and in this
video I'm going to show you guys how to
use the Amazon seller app to scan books
to determine if things are profitable or
not and not just for books but for
anything I know people doing six figures
a year that are using just the Amazon
seller app doing retail arbitrage
different business models but you don't
need the fancy stuff you can do it with
the free stuff it just takes a little
bit more time but that doesn't mean that
that's not useful for you to know how to
do especially because you shouldn't be
investing a lot of money up front you
should be bootstrapping right and making
the business pay for itself so let's go
into it on the screen you can see the
Amazon seller app on my phone that's the
app that you need if you have a seller
account you can get this app from the
app store iPhone Android install it
whatever and we will be on our way so
let's go ahead and open it up and just
get right into using it to scan some
products so in the upper right hand
corner
there's a camera press that okay and
that comes up and then we are going to
scan some stuff I got a stack of books
here on the side this is a great book
all of these books are from my personal
collection so a little bit of a bonus
value on this video check out these
books but let's get into it first book
we're gonna scan this puppy it's gonna
come up so it shows a rank of one
thousand two hundred and twenty seven so
this is a result from scanning an item
in the image in the center is obviously
the book cover in the upper left of the
screen you can see a number that says in
books that's a sales rank category
number for that item so out of all of
the books that sell on Amazon this one
like as if it was a race this one is in
the twelve hundred and twenty seventh
place which makes sense and you can see
as a result of that it has a large
amount of reviews 321 reviews all of
which are five stars so upper left sales
rank upper right review and review count
and then underneath that we have the
calculator to see the offers you can see
whether you can sell it or not seller
eligibility if you couldn't sell it
right there is where you wouldn't be
able to sell it and there's a lot of
stuff you can't sell on Amazon when
you're just getting started so that's
also very important but let's go into
the use tab press they used which is
next to the new there because we're
always mostly mostly almost 100% of time
gonna be selling used books the books we
find at the thrift store used yard sale
used etc so press the use tab and let's
go in and look at that and right off
you're gonna notice something that's
really funny you see that the new is
selling for 1066 but the lowest use
price is thirty which if you're not
skilled you might go oh my god it's
selling for thirty it's gonna pay out
1894 that's not the case that's
overinflated price likely because of
people's automatic reprice errs
something you'll learn about in the
future but let's actually look at the
actual offers by clicking on the bottom
of those two rows the one that starts
with none Amazon click on that row and
it will load you the actual offers page
which you can see these will always be
organized by Louis
rise to highest price and you can see
the first one is good 1065 but then the
next one and that's used the next one is
new prime for 1066 so you can imagine
that 1065 use is not really selling very
much you're gonna probably have to drop
that down to around 966 to find someone
who would want to save a dollar and get
a used copy over a new prime copy and
that does happen but overall you can see
all these offers even Amazon at 1069 but
this is the detailed view this is how
you see the actual offers and you know
what you're gonna be able to sell it for
this is right now and this is current
because some of the other data at map is
not always perfectly accurate but these
are the actual offers right now now
let's press the arrow caret back in the
upper left and go back to the top row of
these two things we're gonna click on
that and it's gonna bring up this
calculator now this is amazing and this
calculator has two tabs on the right
Amazon Fulfilled and on the Left seller
fulfilled like I said that seller
fulfilled price is very exaggerated
because the new Amazon price is a lot
less so let's go with we're gonna say oh
here normally this would be populated by
an offer that made sense but because
this is out of whack we're gonna put it
at what I said earlier which was that
966 so if you sold this book for 966 FBA
after all of the fees and not including
your cost of goods it would pay out a
dollar 25 so if you bought this for a
dollar you would make 25 cents and you
could hold out and price this a little
bit higher maybe a buck or two higher
maybe make three bucks on it but that's
the current lowest price right now
and since amazon selling it for ten
sixty nine there's not a lot of margin
on this but if you got this book for
free you could turn it into a dollar
twenty-five right so not an optimal book
to buy for a quarter but you know for 20
cents buy it for yourself this is a
great book maybe sell it to the used
bookstore for a couple bucks so let's
press and now you don't even have to go
back to the beginning menu in the bottom
left there's a button that says scan so
press that
and then grab your next book and scan
that puppy so this next book you can see
it says this listing is restricted but
the one underneath it is not and that's
one we're going to sell on it has a
sales rank which you can already see of
19,000 in 87 has 410 reviews
everything's looking good let's look at
the the used price the lowest used price
is $19.99 at a cursory glance Amazon is
not in stock you can see where it says
none Amazon now let's go verify this
real quick and look at some of the
offers and you okay 1830 to 1834 it
looks like that's what it's selling for
and it did say Amazon none Amazon but
you can see right here
Amazon selling it for 18-49 so that's a
perfect example of how the app is not
always accurate with the data it
displays but the offers page within the
app or with any product view is always
accurate so let's back it up and knowing
that Amazon sells it for 18-49 the most
we're gonna be able to sell it for in
any fashion to the customer is probably
about 17 49 so let's put that into the
calculator by clicking the top row we're
gonna switch it over to Amazon FBA it
already started on that and we're gonna
put 17 49 now if we sell that book for
seventeen forty nine the net proceeds
will be seven dollars and ninety five
cents so this is a killer profitable
book if you bought this book for a
dollar you would have eight hundred
percent return or seven dollars profit
which is amazing amazing deal and that's
actually what the book business is based
on guys it's not based on getting a ton
of $20 and $50 and $60 or hundred all
our book sales those are great and those
pay the bills those pay for all the
other books those pay for these one
dollar bills that get turned into eight
dollar bills and those are the real
moneymakers is that the overall ROI of
the book business at least in a
cherry-picking solo entrepreneur model
is turning one dollar into three dollars
into 5 into eight consistently as an
average across your whole inventory so
that is a great example that's a seven
dollar profit shout out Alex benign
let's scan another book here we're gonna
do a couple more I don't want to run on
for too long with you guys cuz I think
you guys are gonna get the concept
pretty quickly let's tap to view this
one now let's get into it
new $45.99 again this says none with
Amazon used is coming in a lot less at
9:45 now let's go in to view the offers
page so here's the offers the lowest one
is actually looking like it's coming in
at 593 593 593 and I think that was the
FBA offer I was looking at so you can
see here in this view sometimes on the
bottom line oftentimes actually there
was three sections none FBA then 37 from
945 those are FBA offers fulfilled by
Amazon at Amazon's warehouse and
available with free prime shipping to
the customer on the right side of that
there's a hundred and thirty-five used
for 593 so you know those are the seller
fulfilled offers right there 593 not
prime and then the top line is your
calculator so selling it for 945 FBA now
let's see if it translates over on the
calculator and these things are not
always accurate now you can see right
there you didn't get the same number
it's because of this 53 cent charge
which is three lines up from the 94 that
is the inbound shipping that's you know
particular to me as the person who's
using the app and the 147 in general is
not including inbound shipping so you
can estimate about 50 cents a unit it's
actually probably going to be less for
the average book to be sent into FBA so
that book not a huge winner but again if
you got it for really cheap you could
turn you know a free book into a dollar
you can turn a 20 cent book into a
dollar but not a lot of meat on the bone
that's for sure here's another one oh
this book came this great example so
this one is Zappos delivering happiness
and when you scan it I scanned the
barcode that's a real
code it just brought up a ton of
nonsense now let's see if the actual it
doesn't look like it even comes in here
so what we're gonna do is we're gonna do
a cover recognition so we're gonna flip
the book over and we're just gonna get a
picture of it and it looks like it
already got it now let's bring it in
here you see there's two ranks right
here the 2010 hardcover and this other
one now let's see this book that I have
in my hand is a hardcover you never want
to list on the incorrect listing but I
can't tell if this is paperback or
hardback I'm just gonna assume that the
one that I have is the 2010 Edition
because this is an older book that I've
had for a few years and with a rank of
950 2000 in books it's not something
that's gonna sell very often it might
sell one time a month a couple times a
month but definitely not very often and
used it looks like it's going for 1099
with the two dollars and 78 cents
overall payout so depending on what you
got it for you could turn this into 278
but again it's not ideal that's a slow
selling book I would say you should look
for around ten dollars profit on an item
with a million rank because you're gonna
have to wait a little longer for that to
sell and again that's all up to you you
get to make your decision in how long
you want to wait and for what margins
you want to wait for in your business
now this brought up a little bit of
different results it brought up the
audio CD so let's go to this other
version and see I'm guessing this is
probably the paperback edition which has
a bazillion reviews and 46,000 ranked
which is incredible
and used it's selling for pretty much
the same price $8 but it's gonna pay out
22 cents so again not a profitable book
great book to read if you got it for
really cheap and you have a good
relationship with a book store or a
buyback company you might be able to get
a buck or two for something like this
not trash
there's people that'll pay a buck or two
for this for sure especially hand to
hand if you do yard sales or something
like that
now let's go I want to I want to end on
at least one that's worth something so
let's go through we got a couple more
here this is an amazing book if you
haven't read this one oh great yeah that
book amazing supposed to be nine seven
eight not nine one eight optical
recognition thingy let's see if it gets
it this time
there we go you got it that time you can
do it you can do it Amazon camera so
this book shoo dog by phil night 1366
new for 497 payout Amazon sells for
$13.60 and used you can sell it for 1295
paying out four dollars and forty-five
cents now let's go look at some of the
offers real quick just to just to make
sure you can see there's 1194 so a
little bit less 1194 1204 but the lowest
FBA right there 1295 right there are
triple our books so let's go back to the
calculator and see it should be around
four dollars payout right put in Amazon
FBA 1295 and it is a 409 payout so that
books you dog if you got it for $1 sent
it into FBA will sell very quickly and
that will put four dollars in your bank
account which will mean three dollars
profit or a 400% ROI and you want to be
selling you know twenty thirty a hundred
of those a day okay one more book guys
before we finish this up one more book
finger print of the Gods by Graham
Hancock so used selling for twelve fifty
eight with a $4 and 13 cent payout
Amazon's apparently not in stock and
there's a hundred and two used offers
for $11.23 the number of offers is
important thing to look at because
that's a data point that can help you to
understand if the market is saturated or
not and where the prices might be going
something with a hundred and two offers
the prices aren't going to go up very
quickly so let's look at this 1258 sale
probably going to pay out about
three-fifty yep three dollars and fifty
cent payout so this fingerprint of the
gods if you pick this book up for a
dollar for four even for two dollars
it's gonna pay out 350 which would be
250 to a dollar 50 to 250 profit and I
would pick this book up for a dollar
even for two if I was already there
somewhere if I had to I would like to
get it for a lot less but this book is
gonna pretty much instace l as soon as
it hits FBA so hopefully that helps you
guys know how to use the Amazon seller
app to scan books and other items so
know if you can make money on Amazon FBA
and you're gonna use this to build your
first you know group of items that
you're gonna send in to Amazon FBA and
it's gonna help you to learn the process
for free without having to invest in any
software so without investing in
software you're gonna be making money
and be an active book seller on Amazon
FBA and then the money is gonna start
coming in and you're gonna be able to
invest slowly in better software or
better hardware or whatever it is you
need to speed it up and I promise you
you can make money people are doing it
you know full-time six figures a year
with just the Amazon seller app but what
will happen especially with books
because 95% of books are worthless
you're gonna get really tired of all the
time that it takes to use the Amazon
seller app and you're gonna want to
upgrade to an app with a database like
Scout IQ or you're gonna want to get a
Bluetooth barcode scanner that can scan
books really fastly and wirelessly
transmitted to the phone have the phone
mounted on your arm wear headphones all
of these different things you're gonna
learn about library book sales all of
this stuff and more is gonna come to you
guys so go over to my website Reesie
resells comm grab a copy of my free
intro to amazon course that will get you
in the game and also make sure you go
down in the description and check out
all that stuff there's a lot of
information software tools go to my kit
comm collection and just see all the
stuff that we use I'm not saying buy at
all I'm just saying it's a good way for
you to check it out and look at the
stuff that can help you save time
because I'm not putting any BS stuff on
there
check out the podcast on iTunes if
you're working or have a commute or you
work out good way to absorb some
information through your ears tune in to
our Monday night live shows where I
interview other sellers lots of good
stuff for you guys thank you for
listening please subscribe and like the
video if you liked it
I'll see you guys on the next video
remember if you ain't flipping you slip
in peace you'll get wrinkles I'm angle
your flesh lights on night car which
angle is best I'll put you in the frame
and let you hang with the rest call it
photo finish as we diminish your last
breath tended the staff it is the day of
the Lord then my style of rap is like
the way of the sword better sharpen your
playing are coming straight for your
door I see the devil in your