what's going on everybody Steve here
raking profit over Rick and profit.com
I'm here with Paul right now and I'm
gonna try to keep this on the DL because
we're in savers right now it's a
Connecticut thrifty Meetup but I'm gonna
teach Paul cuz you asked me you asked me
if I had the Natomas canner which I do
this is a little barcode scanner and I'm
gonna show you pretty much how I scan
books so this is a this is a Bluetooth
scanner so you don't need one like if
you want to get started selling books
you could download like the Amazon
seller app or you can download something
like Scout IQ have you heard of Scout IQ
yes yeah so that's kind of like an
advanced software it gives you more
information it's quicker and it just
kind of helps you to like scale your
book business faster because it'll make
decisions for you I'll kind of get into
it but um this is the Natomas scanner
it's 56 bucks I'll put a link down below
in the description I think this is a
great scanner to start with okay it's
bigger and bulkier there are smaller
ones you can get for like I think
there's like a KT C or something that's
like a similar price but then there's
other ones like optic on scanners out of
like two or three hundred bucks so just
I would start I would start with this
because the thing with books is like if
you want to make money with books like
you've got to scan a crapload of books
like if you're gonna sit there and just
like pick and choose and scan it's gonna
be tough unless you're like my mom and
she goes every day and she kind of knows
what's what but I hooked up with this
recently too so she's starting to use
that and Scout IQ but um let's kind of
get started we're in the religion
section right now which isn't bad we're
probably not gonna find a lot of problem
profitable books right now because
there's like 20 scanners running around
and people have been flying in and out
of here but I want to just kind of teach
you the basics of like how to work this
and how to do it so once you get this
thing and you get it set up what you're
gonna want to do is you're going to want
to go into your settings into your
bluetooth and you're going to want to
turn this on and then you're gonna want
to make sure it's connected you see how
it says connected okay so now this is
linked up to this so when you scan a
book it's gonna go right into it so
instead of you having to take a picture
of it with your phone it's that much
faster so I used the
I use an app called Scout IQ so this is
Scout IQ right here let me go back to
the main page so if you want to see the
settings right here I'll show everybody
the settings this this allows me to
start scouting right this was actually
uh this was a really good book that I
found before it says it's going for a
thousand but it's actually probably
going for like two hundred two hundred
dollars but there's something called
triggers on on Scout IQ and triggers are
essentially rules that you set up that
make the buying decision for you so
instead of you having to analyze a deal
it'll pretty much either I'll kind of
show you an example but you see how this
is green right here
yeah it's telling me to buy it okay so
based on the rules set up it's gonna
tell me to buy or it's gonna tell me to
pass so if it if it's red it means pass
fits green it means go and it's all
based upon the triggers that are set up
do you set the price that you pay for
the book yes so I'll show you how to do
that in a second so if you scroll over
you can put your buy cost in so over
here books are three fifty so it with
tax I'll just put it in at four dollars
really expensive over here savers very
very expensive but if you take a look up
here it's buy four books get one free so
it'll kind of bring it down to like
three bucks if you get enough but sabers
is expensive so you got to kind of come
at the right time right place right time
right now we're probably not gonna find
many profitable books because again
resellers already kind of flew through
and I usually focus on textbooks here
but there's like a bunch of like random
people there so I don't want to like
start signing waivers and stuff so there
we set the price at four dollars and
this is the this is kind of like the
dashboard right here so usually what I
do this is a quick little tip if you've
got the NAT amou get yourself some
wireless headphones or some headphones
and put them in your ear because now
what I'm gonna have the ability to do is
when I scan it's gonna make a noise
there's gonna be a certain noise for buy
and there's gonna be a certain noise for
pass so again I'm going to go into my
Bluetooth settings and make sure that my
ear pods are connected they are so
they'll start kind of like they'll start
making noises so instead of me having a
look at the app I can
in my pocket and then I could just start
let me find something with a barcode I
could just start scanning and it's
making a noise in my ear right now I
just went and do them in pass so I
already knew okay so what I'm gonna have
you do is take this and I want you to
find a book with a barcode and I want
you to scan it and you got to make sure
to you see how there's multiple barcodes
this is a good example this is a barcode
from quarters okay
you can't scan that okay and then you
see how there's a barcode that starts
with a zero I would avoid that as well
you always want to start with the one
that has like a 978 see how it's
covering it up so I can't so what a lot
of people do is they'll kind of peel it
back a little bit you gotta be careful
at this they don't like that now scan it
boom okay so based on our four dollar
purchase price if we sold this book we
would lose five dollars and 67 cents I'm
not good now remember when you're using
a third-party software it's only gonna
show the 15 lowest prices so the Amazon
API doesn't actually communicate all the
information so this isn't going to
always be a hundred percent accurate but
for the most part it is usually the good
books like the FBA prices are coming in
under the fifteen prices so it'll kind
of give you more data but I can already
tell this is a 2.3 million rank this
thing's probably not selling very well I
could already tell it's got a 4e score
so that's how many times the book is
sold in the last six months this is sold
four times in the last six months okay
so let's let's keep scanning let's start
looking at maybe something that looks a
little more interesting some of these
books don't have a barcode so what I
would do is open up the Amazon seller
app like for this there's you see how
there's no barcode oh yeah what I would
do is I would switch over to my Amazon
seller app okay and I would scan the
cover just like that and now it pulls up
396,000 ranked the lowest price is $25
so if I sold this I would actually make
eleven dollars but a couple things going
on right here
if you want to zoom in a couple things
going on right here it's got a 396,000
rank which is good but there's no
reviews there's no reviews okay so
that's kind of like it's a sign that
maybe there's something going on it's
always good to see more social proof and
here's the big thing there's six people
there's 18 people selling it at $6 as
merchants and only one at 25 so that's a
big gap I usually want to see the
merchants price in the FBA price around
like 70% or more so like if the
merchants were starting at like 18 and
an FBA was at 25
I'd be more confident that I could get
the $25 price so that's kind of like
something like I would probably pass on
or what I would do is I would go to keep
up and this is what I would do the
crucible author Miller
so I would try to find it on here and
then what I would do I don't know if I'm
be able to find it I might just go to
another example but what I would do is I
would I would click on it this is a
different book and this has a quick
click over to keepo keepa is a how do I
explain it it's a website that shows you
like sales history based on like what
it's been selling for new and used new
CAD to get an idea of what it's been
selling for so if I look this up in a
kippah chart I notice that the price was
fluctuating between eighteen twenty
twenty eight ten it'd be more confident
in buying it that's that's kind of a bit
more advanced right now so I'm just
gonna pass on this because it's probably
not a good deal but let's go back let's
let's have you scan some more barcodes
and I really want to take you into the
textbook section you know what it's come
here come on let's go over the textbook
section
let's get you skinning some of these
things get you scan some textbooks yeah
anything that kind of piques your
interest you seem to be putting the
barcodes there stickers over the
barcodes and you see how there's
different colors on here yeah
these are color coordinates so every
week they put a new color so you want to
look for the newest one I think the
newest color is green right now oh
that's what it was at the other savers I
don't know if I see I don't know if I
see oh you see a green check it out give
it a skin see that one you scan was a
five four point five million rank wasn't
that good
there was a girl behind us scanning I
think and she saw us and freaked out so
that's a whoa I'm tripping I tripped on
these boots okay so this is a 4,000 rank
151 you scored this thing is selling hot
but if we bought it for 349 we would
lose a dollar 75 so there's really not
gonna be any money in it so man what I
would like you to do you want to try to
put this in your ear yeah see if you can
slide that in and you're gonna start to
see here I'll put the other one in my
ear but you're gonna notice when you
scan something you're gonna hear a sound
make sure you're scanning the the right
barcode is that in here yeah right there
no okay I didn't hear it go off yeah
that was a seven million rank you
usually want to stick with like that you
see how there's all these textbooks try
to stick with those because these kind
of smaller books I know I'm not
explaining it well but like the
textbooks always do the best scan it I
don't think you picked up the scan can
we try that you see how I'm doing you
want to hold it down for a second then
you heard that you heard the beep yeah
so that beep means no you do not want to
buy it
ooh human anatomy physiology see what
we're gonna do there so this is a
253,000 ranked definitely selling well
ninety three e score so let's just sold
ninety three times in the last six
months so this thing's selling well but
again buying it at four dollars we're
gonna lose two dollars and thirty nine
cents based on the lowest price another
thing you can do when you're in the when
you're in the app is you see this amazon
sign right here I'll show everybody see
how it says the a you can click over to
Amazon and you can see to verify the
price so the lowest price is $9.99 so if
you sold this for $9.99 based on the
weight the size the dimensions you would
lose two dollars and thirty nine cents
yeah it figures in the fees the only
fees it's not going to consider is your
cost to ship it out so for me on average
where do you live Pennsylvania yeah so
you'll probably be shipping your books
in New Jersey so I my shipping costs per
book is usually like fifteen to forty
cents it's very cheap subsidized greatly
through UPS so I'll usually get a extra
small box from Home Depot spend like
fifty sixty cents ship out anywhere from
ten to twenty five books yeah probably
10 to 20 books based on the weight and
stuff and usually it's like six or seven
dollars to ship so let's uh get scanning
what you want to do is you want to start
moving quick let me show you some palm
I'll show you how how I do it so what I
usually like to do and again since I
have the headphones on I'm not even
looking at this but I'll put this up
here for now if I don't have my
headphones on I'll be looking at that
I really want to do is I want to get in
here and I want to be moving quick you
see the speed that's going on right here
and I'm just listening I'm passing on
some of these for the example because
it's like kind of covered up
I heard that weird noise that means it
they didn't find it so it wasn't in the
catalog so what I would do is I put this
aside no look it up after here is that I
want to show you something right now for
the people this is a tall tale sign that
there's been a reseller here why do you
think there's been a reseller here yep
they ripped the sticker off the side to
be able to scan it so another thing I
want to tell you about Paul usually when
the sabres workers put the new books in
they're usually on the ends the end caps
so look at the end caps first and then
also look again there's a color
coordinate system over here at savers
it's the same at Goodwill so I'm looking
for the newest color so a lot of times
I'll go into the bin to see what the new
inventory is because that's the new
color that's coming out all these other
colors there's been a ton of resellers
that have already went through and
smoked it so are there opportunities
there yes but the home runs are gonna be
with the newest color so I really want
to be looking for the newest color which
is green and it looks like they haven't
been putting much out I mean these all
these would go right oh yeah those are
green this one doesn't have a barcode so
I'm going to scan that out after I'm
just gonna
but you really want to be moving you
want to be moving quick you want to scan
as many as you possibly can to get
through as many books sitting back and
picking and choose in you might as well
just what is he got over there
wait what's in your cart oh wow
appreciate it brother how's this playing
hey I want to take you over here real
quick I don't know what this is but this
looks interesting
you see I'm not even looking at the app
right now where the hell is my phone I'd
leave it over there that's a rookie
mistake do not leave your phone on a
freaking thing what's the rank on this
I'm gonna I'm gonna start testing you as
a general rule of thumb as a beginner
this is like kind of this is good advice
again bad advice because rank is it's a
topic we could really dive into but if
you're brand new I would really try to
stick with like under a million rank
okay if you go over a million rank you
want your profits to be at least like 20
25 bucks I would say so once you're
under a million it's quicker seller but
again rank is just a snapshot in time
and the you scores oh yeah this thing's
only sold one time in the last six
months so you lose eleven dollars if you
bought this so I definitely don't want
to buy this but this caught my attention
because it looked like a book set so a
lot of times I like to buy like book
sets that have like five volumes if
they're all here just sell them as a set
and kind of go from there I don't once
you go scan a little bit more hey did
you find a book over there Gentiles for
you come over here let me see what you
got oh she's shy come on come on show me
what you this text you know it's sexy
stuff they can use can you scan us
because we might be stealing it for my
girlfriend oh wait it doesn't
[Music]
let me uh babe so if this is profitable
you're gonna let me have it are you
gonna say no so this book is now
Sahn for nine bucks so you'd make
sixty-seven cents - four dollars you
paid so you've lose three bucks so it
was worth the try though keep scanning
man keep scanning if you have any
questions let me know man I'm I want you
to kind of pretend like you're on your
own and like I want you to get stuck oh
wait let me there we go No so again you
guys see how he's not even looking at
the app because he's got this sound in
his ear right now yeah
the thing with book sales is like in
like thrift stores you've kind of got to
get there at the right time
sometimes it's complete crap and a lot
of people they say I go scanning books
I'm looking for books I never find
anything and the simple fact is like a
lot of times you are gonna go and not
find something so you just got to go and
get lucky yeah he's not doing so well
right now and I have a feeling you're
not gonna find anything this thrift
store is like heavily run through like
all the time this is like one of the
most because we're in Meriden
Connecticut so we're in the middle of
Connecticut so everybody's hitting this
place yeah let me let me take you out to
the side over here we're gonna probably
wrap up this video but I've actually had
some success finding books over here so
again what color were you looking for
green why because it's the newest why
don't you want to look for orange or
yellow because they always go through
yeah they've been smoked through oh
those are this sell really well tennis
was complete set nice cool anything you
see
let's keep looking we got books all over
here so that's it I mean what do you
think about the natto mu is it kind of
easy to use yeah I want to see if it'll
work on the Amazon seller app if you
scan something okay oh I just sold
something see what did I sell hold on
you got to make sure too that your app
is open when you're scanning let's scan
something let's see if it shows up and
that's not gonna have a barcode
yep so it pulled up in the Amazon seller
app I think actually four inches sixty
thousand drank it selling for ten
seventy six so you'd you'd make 259 but
then you're paying 350 so you'd lose
money
we're probably discouraging people right
now but again you've got to go to these
stuff stores at the right time you've
got to you've got to visit them
frequently to figure out when they're
putting out new inventory you've got to
know where the good books are and if
you're going with fifteen or twenty
resellers like you got to be quick or
else all the books are gonna be smoked
out how about how about books book sales
that the library sales are great okay
I'd recommend going to library cells
that aren't advertised there's a website
called book sale finder com that's where
most resellers go to find them it's
gonna be highly competitive I wouldn't
go there at first being a newbie you're
gonna just get intimidated I was
intimidated I've been doing this for
years I didn't like it at all but I made
good money but it was stressful but I
would go to the libraries I would call
your local libraries amid like hey do
you happen to have any book sales and a
lot of them will have like a revolving
book sale that goes on that's not
advertised do you want to go to those
places okay they have free books they
give away - yeah that's great so that's
it guys hopefully you enjoyed this video
I know we didn't find anything but okay
this is the name of the game I've
learned how to use it yeah what is the
cost to use that to get that out so you
can use the Amazon seller app it's free
but what we were using it with Scout IQ
so I think it starts at like 15 bucks a
month for like a basic account and it
goes up to like 40 bucks a month so but
the basic account would be enough yeah
the thing is the basic account like when
you scan something you have to
constantly like you have to hit like an
extra button to like go back and scan it
again so it's not very efficient using
the Amazon seller app but honestly when
you're first getting started brother
like let's let's get you getting
comfortable buying books let's get you
sending out your first shipment let's
get you making your first hundred
dollars and then we'll start investing
in like apps and stuff because most
people let's be real dude
they start this business and they give
up and they quit you know what I mean so
you don't want to be one of those guys
you want to just take it slow and make a
couple bucks so I stick with it I have
two jobs yeah
32 years 26 yeah
and you might find out books isn't for
you you might decide to like branch out
into something else
books takes patience there's a learning
curve to it you've got to have some
opportunities in your area like there's
some thrift stores that suck all the
time because they're sending books off
to like Amazon already so the good books
aren't even coming out so you got to
figure out what thrift stores are good
and then you gotta ask yourself is this
worthwhile for me you might decide if
source isn't for me I'm gonna go use a
flip and source online arbitrage I'm
Amazon to Amazon or maybe you're gonna
say you know what library sales is my
Avenue so you kind of got to figure that
out that's what's cool about this
business it's not easy so most people
quit it makes it so it really depends
dude I'll be honest with you there's no
like I can't just tell you like I come
and I always get books cuz I don't um
but I've built up a knowledge base so
like if I don't find books I'll usually
find a board game or a DVD can you use
this one those yes you can using but
using Scout IQ it's mostly made for
books so you're not gonna get all the
information that you want like a score
and stuff it's only gonna come up for
books so if your skin like a DVD you're
not gonna get the you score but you can
certainly use the Amazon seller app and
use this the scanner I definitely
recommend it for 56 bucks it's kind of a
no-brainer
there's a couple different ones on the
market but you like this one I do I mean
it's fine
I just wanted to spend 200 bucks on a
scanner like I did when I first started
and then never used it so hey appreciate
your brother thank you alright thanks
everybody for watching do you have a
Facebook or anything if you want to
connect with people you just kind of lay
in love okay alright well thanks for
watching everybody peace