What:Â Amazon allows consumers to sell anything from jewelry to books, movies, clothing, furniture usually for a relatively modest fee.
Expected Pay: NA
Husl$core: $$$$
Commissions & Fees: variable (see review)
Where: National
Requirements: Have something to sell and be legally able to sell it.Â
Review:
The world’s largest online retailer will help you unload your new and used products in exchange for a listing fee (.99 cents for non professional sellers) plus a referral fee. Referral fees range from 8% to 15%, but are higher for some items, such as Amazon device accessories (45%) and inexpensive jewelry.
However, if you’re selling costly jewelry or watches, Amazon has some of the lowest fees out there — 5% for jewelry that costs more than $250; and a staggered fee for watches — 16% for values up to $1,500 but just 3% above that amount.
Caveats
There are a couple of caveats. First, you can get booted from Amazon’s marketplace if you get complaints about quality or customer service. And it doesn’t have to be a large number of complaints. Moreover, Amazon sometimes jumps in to compete with big sellers with it’s own products. On the bright side, you’re less likely to run into professional scammers on Amazon than you are on CraigsList. Of course, CraigsList lets you sell for free.
Recommendations
eBay or Craig’s List may be better choices for selling items like furniture and clothing (both subject to a 15% referral fee at Amazon). But this is a good place to sell luxury jewelry or an unlocked cell phone (8% fee).Â
What their users say:Â
Mixed review from blogger at MyWifeQuitHerJob
Volusion has a good primer on what you need to know when selling on Amazon
The Balance has a nice explainer of Amazon’s seller pros and cons.
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I sold used books on Amazon until I realized the fees were so high I was not making any money. There is a glut of used books out there. So you sell them for a penny plus shipping? Too much time involved for little or no profit or even selling at a loss! You also need to consider cost of mailers and time going to the post office. Unless a book is very rare and you can get a high price for it, you might as well repurpose the books and sell them as holiday or decor items. (See Pinterest for ideas) I now get rid of books (as a free donation) to/through thrift stores, library donations, Facebook Marketplace (local pick up only).