Wednesday, January 6, 2010

Is it rational to sell books on Amazon for 0.01

There are a lot of these listed.

Fees by Amazon:
Closing fee $1.35
Listing fee $0.99
Commission 0.15 * 0.01 = 0.0015

Total fees: $2.34

Amount paid by buyer = $0.01 + $3.99 (S+H) = $4.00

Amount to seller = $4.00 - $2.34 = $2.66

Unless S+H is less than $2.66 (including costs of packaging and postage) then it really isn't rational to sell at $0.01.

The USPS shipping rates for media mail at up to 1lb is $2.38 and up to 2lbs is $2.77.

No comments: