Selling books on Amazon can be a very unique way of boosting your income on the side. However, this is a very competitive marketplace and if you do not have a proper strategy backing your marketing plan, you will not have the maximum possible profit coming in from your efforts. Instead, follow these simple tips designed to boost your book sales on Amazon.
Using the Amazon FBA
Amazon has fulfilment centres or warehouses all over the country. When you register with FBA or Fulfilled by Amazon program, you essentially create listings for your products but you do not have to arrange for storage of your products on your own. Your products will be stored, and orders dispatched directly at Amazon fulfilment centres while all you have to do is create a listing and consult with your prospective clients to register the orders with Amazon.
Registering with BSR
If you are selling books by other authors or even when you are selling your own books, your target should be to get your product to rank high on the BSR list. The books that are sold at least once on Amazon get their very own bestsellers’ rank on the platform. This detail is also a part of individual book listings, making it one of the most vital categories that prospective readers check when they are making a decision of whether they want to buy the book. You can keep a lower price range and also market your books on Amazon affiliate sites to get a discussion going for your product. These manoeuvres can help sell more of your product thus getting you a higher BSR on the platform. You can also use third-party tools to keep a real-time track of the best seller rank on Amazon.
Sourcing your products
When you are planning on how to sell books on Amazon, do not forget to create a way to source your inventory at a low-cost price to keep your profit margin high on the platform. You can source used books from your own collection or from a wholesale purchase on various platforms. This way you can buy the books cheaper at bulk and then sell them at a higher margin per price. You can also manually scan the barcodes of different books to know the current price range that they are being offered on various platforms. This competitive analysis can give you a better idea of which books you should purchase and at what price range will you get the best possible chance of a sale.
Optimizing your listings
Use product research tools to analyze the keywords that are performing best for your competitor sellers and ensure to use them in your listing descriptions at the correct density. The listings have a major hand to play when your prospective buyers are making a choice for buying the product from a choice of multiple sellers.
Ultimately, make sure that all of the pertinent information with regards to your product is clearly mentioned within the listings. You can also use your product research tool to understand the market graph with regards to the sale patterns changing according to seasons, high holidays and major sales to tap into these patterns for maximizing your product sales.