Comments for Selling Books

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Rachel

Rachel — Tue, 07 Feb 2012 01:17:33 +0000

Thank you so much! I am just getting started and I found this blog. I really appreciate the free ebook and all the great info!

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Ellen

Ellen — Sun, 05 Feb 2012 18:04:44 +0000

Wow, thanks!

It was a little tricky convincing amazon that I didn’t want to read it in the cloud, but I finally succeeded in getting the pc kindle downloaded and then downloaded the book to it.

VERY nice of you to do this free offer today, thanks again.

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Tracy Kristalakis

Tracy Kristalakis — Sat, 04 Feb 2012 18:48:48 +0000

Hi Steve,

I am digging into barcode booty and was planning on buying this as well. Your gift is much appreciated. I already snagged one treasure at an outlet center last night!

Take care,
Tracy

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Ernest

Ernest — Sat, 04 Feb 2012 14:40:57 +0000

We appreciate your generosity Steve, thanks for another tool!

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Steve Weber

Steve Weber — Fri, 03 Feb 2012 16:47:09 +0000

If you download to “Kindle Cloud Reader” you’re simply looking at the book in your browser. The Cloud Reader, I believe, is brand new — the first time I saw it was yesterday. So if the browser you’re using supports the Cloud Reader, I’m assuming it’s the easiest option, and none of the “Kindle Apps” are necessary — although the formatting might look a little better on the apps.

The reader app is specific to a device — PC, Mac, iPhone, Android, etc.

After you’ve bought any Kindle documents, you can re-send them anywhere you want by going to your Amazon page called “Manage my Kindle”:
http://www.amazon.com/gp/digital/fiona/manage

Comment on Free Kindle book: Selling on Amazon Guide to Marketplace & Fulfillment by Amazon FBA Programs by Anonymous

Anonymous — Fri, 03 Feb 2012 16:45:25 +0000

Not clear on just how this works?
I download to “Kindle Cloud Reader”?
Then I download the Kindle reader app.
And then what?

Comment on Amazon sellers can download IRS Form 1099K by Angelina

Angelina — Wed, 01 Feb 2012 08:04:09 +0000

Liked your article. Very information.

Comment on A new way to get rid of penny books: turn them into iPhone chargers by A new way to get rid of penny books: turn them into iPhone chargers | Etsy 101

A new way to get rid of penny books: turn them into iPhone chargers | Etsy 101 — Wed, 01 Feb 2012 00:53:50 +0000

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Comment on eBay’s DSR ratings: the damage to sellers, and how to track down negs (AuctionBytes) by Tom@AC Repair San

Tom@AC Repair San — Tue, 31 Jan 2012 20:14:35 +0000

I think this book is great! Anyone else try it and have as much success as I’ve had??

Comment on Amazon sellers can download IRS Form 1099K by Steve Weber

Steve Weber — Mon, 30 Jan 2012 17:35:52 +0000

Good question, Steven. I had just assumed they would deduct selling fees from the amount reported, but I was wrong. Apparently the numbers reported are based on gross sales (our asking price plus shipping) then we’ll have to account for all the deductions (on our tax return) in the form of seller fees, commissions, shipping costs. Here’s the relevant part of the FAQ:

Is the $20,000 calculated based on net sales or gross sales?

As required by the IRS regulations, the $20,000 is calculated based on unadjusted gross sales. Unadjusted gross sales means the total sales, unadjusted for fees or refunds. The amount the buyer paid for an order is the gross sales amount for the order, even if a rebate applies or the order is later refunded.

Why are sales tax and shipping charges included in my unadjusted gross sales amount?

Unadjusted gross sales include sales proceeds, sales tax, and gift-wrap and shipping charges.

Doesn’t the gross sales amount change if I refund an order?

No. When you make a sale, the order total becomes a permanent part of your unadjusted gross sales for the year. Even if you later refund the entire amount a buyer paid for an order, the order total is still included in your unadjusted gross sales calculation. The IRS regulations require that no adjustments to gross transaction amounts be made. Please seek advice from a tax professional to understand the appropriate adjustments when preparing your tax return.

Here is an example that includes a discount to the buyer, an Amazon fee, and an eventual full refund to the buyer:

Item price $100
Seller promotional discount -$10 (subtracted before the gross sales amount is calculated)
Shipping charge $15

Order total $105 (gross sales amount)

Amazon fee -$20 (subtracted after the gross sales amount is calculated)

The buyer is later refunded in full.

Buyer credit of the order total -$105
Seller credit of the Amazon fee $20
Net $0

The gross sales amount for the purposes of calculating annual gross sales is $105, even after the refund.