How Much I make from Online Book Sales

Feb 24, 15 How Much I make from Online Book Sales

Many of you are probably wondering how much money I make from online book sales. That’s a very fair and important question because I’m running a website that purports to tell you how to make money by selling books.

In 2014, I made an average of around $400 a month, $394.98 to be exact, from my sales. In my best month, November, I made $471.02, and in my worst month, January, I made a little under $300, $293.11 to be exact. The total proceeds of my sales came to $4,739.79 in 2014, and guess what? I did this as a part-time job, with no access to a reliable car and by using my bedroom as a storage area.

This year, I’m planning to ramp up my business. I just rented a storage locker and bought some shelving to make storage more efficient, and I’m planning to buy a vehicle real soon. That means I could easily double or triple that figure this year and perhaps quadruple it with hard work, especially if I can greatly increase my Amazon sales, which were minuscule last year.

eBay’s Selling Manager Pro Summary is also a real help in this department. It showed me that I made $239.34 in the last 30 days, $823.89 in the last 90 days, and $1,193.20 in the last 120 days. Obviously, that figure does not include shipping costs, supplies etc.; instead, it represents pure cashflow.

eBay income is pretty nice because you get almost immediate access to it through PayPal if you do a fairly high volume of sales. Another big advantage to eBay income is that you can transfer it to banks for free. That’s extra cash you can get your hands on almost instantly.

Amazon.com is a little harder to deal with because it keeps your payments for two weeks and takes the fees out of them. That makes bookkeeping easier, but it means payment is delayed.

The Dirty Dozen

One of the many vintage paperbacks for sale at my eBay Store the Book and Comic Picker.

 

As you can see, I am not getting rich, but I have a pretty good source of extra income that’s giving me an extra $400 a month. My guess is that most of you out there could use an extra $400 a month.

I made this much with 1,322 books listed on eBay, and my guess is that I could probably double my cashflow by doubling the number of books I have listed. That provides an important lesson for you; if want to make money, you have to list a lot of books. You also have to keep them listed because items only sell if customers can see them.

 

Celebrity Authors’ Secrets – The World’s Greatest Living Authors Reveal How They Sell Millions of Books by Stephanie Hale. $12.99 from Smashwords.com
Twelve of the world’s greatest living authors reveal their tips for writing a book that sells over a million copies in Celebrity Authors’ Secrets. A must-have guide – filled with publishing and book marketing info – for aspiring writers, authors, publishers, editors, writing coaches, creative writing tutors and anyone who loves books. Find out how to make your book stand out from the masses!

 

It also means that if you want to make money as an online bookseller, you will have to be persistent and keep plugging at it. As in my other activities in this world, those who plug away and prod along succeed.

1 Comment

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