On the way to my Amazon fulfillment centre tour I picked up my Nike Swoosh Wristbands from the previous post Profit Sourcery – Make better purchasing decisions for Amazon.
A little fiddling with the pricing and verifying information to sell on Amazon I have now listed these:
Now, I decided to use an EXISTING listing and not edit any of the details at all, even if they were missing. I am not listing as a consultant, I am listing as a normal person just starting out on Amazon. You normally start using catalogue data (for better or for worse….)
I did start this out at £13 but it seems that under my ‘individual’ selling account I can’t do free shipping so the price is £9.24 plus £4.48 shipping.
So lets calculate….
Amazon Fee: £3.37
Real Shipping Cost: £0.95
Packaging: £0.10 (well free because I already have packaging)
Item Cost: £3.99
Gross Margin of 38.70% & Mark Up of 63.14% IF it sells of course. That is always the waiting game. Hmm…plenty of margin here so I am going to drop it a penny!!
On the flip side had a great time at the Amazon FC BHX, such a big and CLEAN warehouse. The tech is fab too! Next available dates are March 2016 for the tour so book now, it’s so popular!!