$13 Profit in May Reselling College Textbooks

Welcome, Anon!

As you can see, over the last few months sales have been slow (since kids aren’t returning to school…). During the month of May, I shipped in my largest quantity of books (90) and repriced some of my original purchases to sell.

So, as you can see, we had $1,151 in sales:

Although this is a nice bump from last month, there is a lot more to the story than the top-line image you see above.

Like I said, I repriced some of my first book purchases (a.k.a. were not good buys), so I took losses on those. Additionally, I was very hasty setting the price on my big shipment. I did not think I’d have this problem, but I started selling them when they got into inventory at my target summer price.

Nonetheless, another great month of lessons learned and experience under my belt as I gear up for the summer.

So, without further let’s break down the numbers:

Revenue: $1,151

COGS: $915

Gross Profit: $0

Expenses: $223 (Keepa, Amazon Seller Central, and shipping)

Net Profit: $13