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« on: March 11, 2013, 10:11:06 AM »
I have sold a few small appliances or tools on amazon and lots of books. Oh, and cd's and dvd's also. The commission is high but worth it to me. I don't have a store front or do flea markets, mostly just ebay and craigslist. Whenever I get a unit with books I check what is the lowest they are selling on Amazon for and list everything over about $8 and give the rest to the Goodwill. (After fees it's just not worth your time to sell anything cheaper on Amazon) Very occasionally I might list some on Ebay but only if it is something unique. Yes you can't make up your own ads and only can just list items like existing ones on Amazon and you have to be really careful to describe your item's condition accurately and make sure it is in fact the same as the ad you are listing under (ie same year or binding type). But on the plus side you don't have to take and upload pictures or write the ad. Your item stays listed until it sells so you never have to relist it. You pay no fees unless it does sell. When it does sell Amazon just takes it's share from the payment. Amazon collects the money and deposits it into your checking account every two weeks. As far as taxes go they don't 1099 you unless you make $20,000 (I think). Pretty sure it's the same as paypal. I could be wrong about that amount but I'm pretty sure it's accurate. And really if you sell $20,000 on Amazon and don't expect to pay any taxes well.....I got a storage unit last May that produced tons of books. To date I have made over $1100.00 just in books sold on Amazon from that unit. Thats profit after Amazon fees. I still have a bookcase about half full of books from that unit. A tall skinny one (also found in that unit) that doesn't take up much space. Every now and then I get an email from Amazon telling me one sold and to ship it. It's petering out to only one every week or two at this point but we still laugh every time one sells and call that unit "the gift that keeps on giving". The only upkeep at all is I occasionally check my 'inventory' on Amazon and adjust prices of anything where I am not the lowest price listed and it they have dropped below my $8.00 threshold I delete them and get rid of them.