I am an OA Book seller and I am trying to get some family into the business thrifting, I thrifted 4 months ago but I forgot how scout worked, thanks for this video you walked through everything, very helpful bro :D!
Your video is much better than most of the other youtubers. I'm just starting out and your video explained in detail. Finally a good video for Canadian sellers. Could you please make a video on Scanlister if you are using it or How to set the triggers on Scoutly to make it convenient? Or what other apps you use which are helpful for Canadians. Looking forward to more of the videos!
@@JC-tb1qx hey! Glad the video provided some value to you, and I do use Scanlister. I can make that my next video! With regard to Scoutly triggers, I’ve just been using the default ones. Reason being is that I can always review the book details further. I also plan on creating a part 2 of the Scoutly video to go over some of the features I skipped.
Do you have a 13:3313:35 minimum book sale value that you stick with? For example you won’t sell books that sell for under $20. Is there some sort of min profit margin you stick with?Thanks. Good channel.
When I first started out, my goal was to just sell as many books as I could to get the ball rolling. I would pickup any book with an Accept from Scoutly. What I later discovered, was that book prices can fluctuate. That, in conjunction with not being Buy Box eligible, left me having to be the lowest price on the listing to have a chance for the sale. This caused my profit margins to be too narrow, and I ended up losing some money here and there. Not much, maybe 20 cents here, 40 cents there. Low in the grand scheme of things. But still losses. Now that I don’t need to be the lowest price, I only sell books that will bring in around $10+ in profit per book. Which means I end up passing on several books when sourcing.
@@andiamolireforexcrypto you can reprice manually if you only have about 50-100 books. But once you start increasing your inventory count, you’ll soon realize how tedious it is to constantly be looking at your listings. Most sellers use an automatic repricer that does the work for you. Popular ones are Bqool and RepriceIt.
Hello, thanks for this content!! I appreciate what you are doing. One thing I wonder, as a Canadian (like myself!!!) are you limited to the Canadian market or can you also send/sell books to the US market? Thanks 😊
@@omgbsc hey! I’m glad you’re enjoying the content. Selling books on the US market is doable as a Canadian seller, however, it’s not as straight-forward. If you want your books to be prime eligible, so fulfilled by Amazon (FBA), you’ll need to have books sent to a US fulfillment centre. You can either do this by shipping your books across the border, or hire a US prep centre to receive, prep, and ship out your books to Amazon. If you choose to be merchant fulfilled, and ship your orders directly to customers, this is possible too, but Canadian shipping costs are very high, and will eat into your profits, possibly even make it too expensive to fulfill. I run a small operation, where I purchase books online, and then have the books delivered to a prep centre in Virginia. The centre preps my books and ships to Amazon for me, and then the books become prime eligible. This is all done without ever seeing or touching the book. It’s very small compared to my Canadian business, but it’s growing. Hope this helps!
@@awbooks Hi, I'm a newbie and would like to better understand, if I'm Canadian and want to ship used books to the USA, why do I need a USA address. Also, if this helps anyone, Stallion Express in Canada offer International shipping to Amazon and provide a USA address. Can anyone explain why Canadian's need a USA address to Ship to Amazon in the USA?
@@cindyedwards321 hi! Thanks for your question. I’ll try my best to answer it. There are two ways of selling on Amazon. Fulfilled by Amazon (FBA) and Fulfilled by Merchant (FBM). FBA is essentially Amazon Prime eligible, which includes free 2 day shipping. FBM is when we as the seller, stores the product in our own space, whether a warehouse or our homes, and we ship directly to customers. If you’re Canadian, and want to sell products in the US under FBA so that your item become prime eligible, you have to send your product to an Amazon US warehouse. If not, there’s no way for you to fulfill Amazon US orders that quickly from Canada. Now, if you choose FBM, then yes, you can sell your books from Canada to the US, but then your shipping times are increased, along with your shipping costs. If you’ve ever looked up shipping prices here in Canada, it’s very high. A book can cost over $15 to send within your own province. Stallion Express offers shipping to Amazon US warehouses from Canada, but nonetheless, you’re still having to send product across the border. Hope this helps!
Awesome Canada in the house lol... Thanks for vid!!! Question I'm in a dilemma,I used scoutly sourced bunch of books, I have 130 in inventory but only sold 22 books, I started two months ago "FBA"... I'm hesitating now on going to source more at thrift stores ... You think Amazon FBA Canada is a little slower with used books than the USA? ... Don't know what to do, in a crossroad,
Thanks for the comment! The US marketplace is absolutely bigger than up here in Canada. It’s close to 10x larger. However, selling in the US as a Canadian is a little trickier, but absolutely doable. Your sales are slow, simply due to the fact that your inventory count is low. Booksellers typically sell between 0.5% and 1% of active inventory per day. If you’re feeling reluctant on going out and purchasing more books, don’t be. The more books you source, the more sales you’ll make. Focus on buying profitable books, increasing your inventory level, and sales will come!
@@awbooks wow amazing answer thank you!!!! Subscribed to your channel! Amazing content... You use any repricer?? When you think you should start using a repricer you think once you have 1000 + books??
@@chicharitohernandez6946 no problem for the previous answer! When it comes to using a repricer, I believe that it is a crucial component of book selling, once you have too much inventory to individually track. In your case, I would probably still manually reprice with 130 books in inventory. Manual repricing allows for the most accurate output, but unfortunately takes the longest time. When you begin to feel as though you’re falling behind, then switch to a repricer. Every serious book seller is using one, so it only makes sense to use one as well, or else you’ll never maintain competitiveness. There are many repricers available on the market, with a wide array of price points. I’ve used two, and continue to use the same one today. They all come with free trials, so if you ever get to that point, test it out.
Hi! Could you make a video on the shipping portion - to amazon? How heavy is it allowed to be? Shipping cost? Do you need special pre approved boxes? Thanks!
@@awbooks thanks! Also, could you explain why using scanlister instead of turbolister? I'm wondering if scanlister is worth it since turbolister is included with scoutly, wouldn't be less expensive in long term?
@@danjuany the main reason I went with ScanLister over TurboLister which comes included with Scoutly, is the fact that TurboLister is only available for windows pc. Since I’m a Mac user, it was never an option for me. I’ve never had the chance to try out TurboLister, so I can’t give you any feedback :(.
@@danjuany that’s the repricer I’m currently using. I used to go with BQool, but ended switching because the cost is way too high, and in my opinion the system was not optimized for used items, let alone used books. I can make an entire video on it LOL.
What is a good BSR when it comes to books? and with that BSR in mind about how long would it take for that book to sell? Also what condition does a "Used book" need to be in to be accepted?
@@bruhbruh3127 well, books with low BSRs sell faster. But that doesn’t mean high BSR books don’t sell. I have a tracker that tells me how long a book took to sell. How long books take to sell will ultimately be based on what types of books you’re selling. Textbooks usually sell twice a year, so sales could be slow in the off season, as an example. When it comes to used book conditions, this is pretty subjective. I’ve talked about this in other videos or comments, but what I may consider a “Good” condition book, you might think it’s only “Acceptable”. Amazon will take any book you send, regardless of condition. Will your potential customers be satisfied? That’s a different story. Put yourself in the buyer’s shoes. Would you be happy receiving the book in its current condition? Best of luck!
thanks for your video, it was very helpful but I do not understand what the red or reject red color means, most of the books that I scanned came out reject and the ones that show green later turn pink. can you tell me what that means. all your help is highly appreciated.
Hi there! Glad the video was helpful to you. A brief explanation of the red/green/pink banners: Red (Reject): this is a book that Scoutly does not believe is profitable. It could be because the estimated profit after you were to sell the book (either through Amazon or Merchant Fulfilled) is in the negative, or just too close to breaking even. Another reason could be that there has not been any sales of the book over the past several months, which could indicate a book that just doesn’t sell. Green (Accept): this is a book that Scoutly thinks is worth reselling. Either because the profit margin is high enough, or that there is so much sales data that the book will sell quickly. Sometimes Scoutly will give an Accept on a book with no sales score or sales rank, but because there is a current listing of the book at a high price, the system thinks that you could sell the book at that same price. Problem with this, is that it’s overpriced. If you’re just starting out, ignore any Accept books that don’t have a sales ranks and/or sales score. Pink: this is a book that is Restricted, which requires approval from the publisher to sell used. If you have your Amazon Central Account connected to your Scoutly, you can apply for approval by clicking the “R” icon at the bottom right of the Scoutly screen. This should direct you to request approval to sell. This pink banner comes up every now and then. Make sure you get approval to sell the book before purchasing. I hope I was able to clarify some of this for you. Any other questions, let me know!
@@awbooks Thanks for the explanation, I am starting this business because I love reading books and own too many. I will be learning trough time. Thanks again.
@@lindsie101 hi there! So sorry for the late reply! I do use Keepa and SellerAmp, however I don’t use SellerAmp for book scouting. When I first started selling online, I went with SellerAmp and would check out random products to resell. When I decided to focus on books, it became merely an organizational tool. I use Keep extensively when it comes to buying books online. I also refer to Keepa when Scoutly doesn’t show the whole picture.
I am an OA Book seller and I am trying to get some family into the business thrifting, I thrifted 4 months ago but I forgot how scout worked, thanks for this video you walked through everything, very helpful bro :D!
Your video is much better than most of the other youtubers. I'm just starting out and your video explained in detail. Finally a good video for Canadian sellers. Could you please make a video on Scanlister if you are using it or How to set the triggers on Scoutly to make it convenient? Or what other apps you use which are helpful for Canadians. Looking forward to more of the videos!
@@JC-tb1qx hey! Glad the video provided some value to you, and I do use Scanlister. I can make that my next video!
With regard to Scoutly triggers, I’ve just been using the default ones. Reason being is that I can always review the book details further. I also plan on creating a part 2 of the Scoutly video to go over some of the features I skipped.
Do you have a 13:33 13:35 minimum book sale value that you stick with? For example you won’t sell books that sell for under $20. Is there some sort of min profit margin you stick with?Thanks. Good channel.
When I first started out, my goal was to just sell as many books as I could to get the ball rolling. I would pickup any book with an Accept from Scoutly. What I later discovered, was that book prices can fluctuate. That, in conjunction with not being Buy Box eligible, left me having to be the lowest price on the listing to have a chance for the sale. This caused my profit margins to be too narrow, and I ended up losing some money here and there. Not much, maybe 20 cents here, 40 cents there. Low in the grand scheme of things. But still losses. Now that I don’t need to be the lowest price, I only sell books that will bring in around $10+ in profit per book. Which means I end up passing on several books when sourcing.
@@awbooks Do you often reprice manually?
@@andiamolireforexcrypto you can reprice manually if you only have about 50-100 books. But once you start increasing your inventory count, you’ll soon realize how tedious it is to constantly be looking at your listings. Most sellers use an automatic repricer that does the work for you. Popular ones are Bqool and RepriceIt.
@@awbooks Do you use repriceit?
Hello, thanks for this content!! I appreciate what you are doing. One thing I wonder, as a Canadian (like myself!!!) are you limited to the Canadian market or can you also send/sell books to the US market? Thanks 😊
@@omgbsc hey! I’m glad you’re enjoying the content.
Selling books on the US market is doable as a Canadian seller, however, it’s not as straight-forward. If you want your books to be prime eligible, so fulfilled by Amazon (FBA), you’ll need to have books sent to a US fulfillment centre. You can either do this by shipping your books across the border, or hire a US prep centre to receive, prep, and ship out your books to Amazon. If you choose to be merchant fulfilled, and ship your orders directly to customers, this is possible too, but Canadian shipping costs are very high, and will eat into your profits, possibly even make it too expensive to fulfill.
I run a small operation, where I purchase books online, and then have the books delivered to a prep centre in Virginia. The centre preps my books and ships to Amazon for me, and then the books become prime eligible. This is all done without ever seeing or touching the book. It’s very small compared to my Canadian business, but it’s growing.
Hope this helps!
@@awbooks it does help! Thanks and keep up the great Canadian content!!
@@awbooks Hi, I'm a newbie and would like to better understand, if I'm Canadian and want to ship used books to the USA, why do I need a USA address. Also, if this helps anyone, Stallion Express in Canada offer International shipping to Amazon and provide a USA address. Can anyone explain why Canadian's need a USA address to Ship to Amazon in the USA?
@@cindyedwards321 hi! Thanks for your question. I’ll try my best to answer it.
There are two ways of selling on Amazon. Fulfilled by Amazon (FBA) and Fulfilled by Merchant (FBM). FBA is essentially Amazon Prime eligible, which includes free 2 day shipping. FBM is when we as the seller, stores the product in our own space, whether a warehouse or our homes, and we ship directly to customers. If you’re Canadian, and want to sell products in the US under FBA so that your item become prime eligible, you have to send your product to an Amazon US warehouse. If not, there’s no way for you to fulfill Amazon US orders that quickly from Canada. Now, if you choose FBM, then yes, you can sell your books from Canada to the US, but then your shipping times are increased, along with your shipping costs. If you’ve ever looked up shipping prices here in Canada, it’s very high. A book can cost over $15 to send within your own province. Stallion Express offers shipping to Amazon US warehouses from Canada, but nonetheless, you’re still having to send product across the border.
Hope this helps!
Awesome Canada in the house lol... Thanks for vid!!! Question I'm in a dilemma,I used scoutly sourced bunch of books, I have 130 in inventory but only sold 22 books, I started two months ago "FBA"... I'm hesitating now on going to source more at thrift stores ... You think Amazon FBA Canada is a little slower with used books than the USA? ... Don't know what to do, in a crossroad,
Thanks for the comment!
The US marketplace is absolutely bigger than up here in Canada. It’s close to 10x larger. However, selling in the US as a Canadian is a little trickier, but absolutely doable. Your sales are slow, simply due to the fact that your inventory count is low. Booksellers typically sell between 0.5% and 1% of active inventory per day. If you’re feeling reluctant on going out and purchasing more books, don’t be. The more books you source, the more sales you’ll make. Focus on buying profitable books, increasing your inventory level, and sales will come!
@@awbooks wow amazing answer thank you!!!! Subscribed to your channel! Amazing content... You use any repricer?? When you think you should start using a repricer you think once you have 1000 + books??
@@chicharitohernandez6946 no problem for the previous answer!
When it comes to using a repricer, I believe that it is a crucial component of book selling, once you have too much inventory to individually track. In your case, I would probably still manually reprice with 130 books in inventory. Manual repricing allows for the most accurate output, but unfortunately takes the longest time. When you begin to feel as though you’re falling behind, then switch to a repricer. Every serious book seller is using one, so it only makes sense to use one as well, or else you’ll never maintain competitiveness. There are many repricers available on the market, with a wide array of price points. I’ve used two, and continue to use the same one today. They all come with free trials, so if you ever get to that point, test it out.
Hi! Could you make a video on the shipping portion - to amazon? How heavy is it allowed to be? Shipping cost? Do you need special pre approved boxes? Thanks!
@@danjuany sure thing! I can add that to my upcoming video list. Look out for it!
@@awbooks thanks! Also, could you explain why using scanlister instead of turbolister? I'm wondering if scanlister is worth it since turbolister is included with scoutly, wouldn't be less expensive in long term?
@@danjuany the main reason I went with ScanLister over TurboLister which comes included with Scoutly, is the fact that TurboLister is only available for windows pc. Since I’m a Mac user, it was never an option for me. I’ve never had the chance to try out TurboLister, so I can’t give you any feedback :(.
@@awbooks I see! Do you have any opinion on repriceit? I saw a video and someone mentioned it, do you use it? Thanks!!
@@danjuany that’s the repricer I’m currently using. I used to go with BQool, but ended switching because the cost is way too high, and in my opinion the system was not optimized for used items, let alone used books. I can make an entire video on it LOL.
What is a good BSR when it comes to books? and with that BSR in mind about how long would it take for that book to sell? Also what condition does a "Used book" need to be in to be accepted?
@@bruhbruh3127 well, books with low BSRs sell faster. But that doesn’t mean high BSR books don’t sell. I have a tracker that tells me how long a book took to sell. How long books take to sell will ultimately be based on what types of books you’re selling. Textbooks usually sell twice a year, so sales could be slow in the off season, as an example.
When it comes to used book conditions, this is pretty subjective. I’ve talked about this in other videos or comments, but what I may consider a “Good” condition book, you might think it’s only “Acceptable”. Amazon will take any book you send, regardless of condition. Will your potential customers be satisfied? That’s a different story. Put yourself in the buyer’s shoes. Would you be happy receiving the book in its current condition?
Best of luck!
thanks for your video, it was very helpful but I do not understand what the red or reject red color means, most of the books that I scanned came out reject and the ones that show green later turn pink. can you tell me what that means. all your help is highly appreciated.
Hi there! Glad the video was helpful to you. A brief explanation of the red/green/pink banners:
Red (Reject): this is a book that Scoutly does not believe is profitable. It could be because the estimated profit after you were to sell the book (either through Amazon or Merchant Fulfilled) is in the negative, or just too close to breaking even. Another reason could be that there has not been any sales of the book over the past several months, which could indicate a book that just doesn’t sell.
Green (Accept): this is a book that Scoutly thinks is worth reselling. Either because the profit margin is high enough, or that there is so much sales data that the book will sell quickly. Sometimes Scoutly will give an Accept on a book with no sales score or sales rank, but because there is a current listing of the book at a high price, the system thinks that you could sell the book at that same price. Problem with this, is that it’s overpriced. If you’re just starting out, ignore any Accept books that don’t have a sales ranks and/or sales score.
Pink: this is a book that is Restricted, which requires approval from the publisher to sell used. If you have your Amazon Central Account connected to your Scoutly, you can apply for approval by clicking the “R” icon at the bottom right of the Scoutly screen. This should direct you to request approval to sell. This pink banner comes up every now and then. Make sure you get approval to sell the book before purchasing.
I hope I was able to clarify some of this for you. Any other questions, let me know!
@@awbooks Thanks for the explanation, I am starting this business because I love reading books and own too many. I will be learning trough time. Thanks again.
Thank you
do you use keepa and selleramp too?
@@lindsie101 hi there! So sorry for the late reply!
I do use Keepa and SellerAmp, however I don’t use SellerAmp for book scouting.
When I first started selling online, I went with SellerAmp and would check out random products to resell. When I decided to focus on books, it became merely an organizational tool.
I use Keep extensively when it comes to buying books online. I also refer to Keepa when Scoutly doesn’t show the whole picture.
Please lets have a FB group 🎉😊