Showing posts with label Amazon fees. Show all posts
Showing posts with label Amazon fees. Show all posts

Monday, June 24, 2013

Why Are Amazon Book Sales Fees So High?

In a nutshell, because they can get away with it.

I sell my used books on Amazon (also tried half.com for awhile).  I started out when my spouse had a bunch of art books no longer needed, and I thought I'd get back a few bucks from her former investment.

Now one must admit it is easy to place a book for sale there, but did you know for most books Amazon takes in excess of 40% of the sales price?  That's right--check out this table:



Yes, until one gets to a sales price over $9 Amazon takes more than the old industry standard of 60% to the publisher, 40% to the retailer. Yet they never physically even touch a book.

For some time I put many of my books on half.com, but to date haven't yet sold one. A little advertising to combat Amazon is in order. Since their take is less, I price my books there to allow for me to pocket 50% of the savings, and the buyer likewise.

And these prices assume you won't make money off of shipping--with media mail running at $2.82 for a 2 lb book, add in a label and an envelope...well, no one's getting rich here (except Amazon, of course). (Update 7/1/15: Media Mail is now $3.22 for a 2 lb. package)

Here, calculate it yourself with this Excel spreadsheet.

OK, on to something productive.