I am currently reducing clutter around my flat by selling my old DVDs and books on Amazon’s marketplace. Today I sold ‘Die another Day’ for 13p. Normally this works out to be marginally profitable as Amazon give you more for postage that items cost to post. But on this particular item Amazon charged almost all of the sale price and the postage as commission. The breakdown is as follows:
Buyer’s Price: ?0.13
Amazon Commission: ?-1.04
Your Earnings: ?0.30
Individuals selling at Marketplace pay a GBP 0.86 per item completion fee, plus a closing fee of 17.25% of the sales price (11.5% for Electronics & Photo items) for each item sold.
Which seems steep and it makes it unprofitable to sell (or buy) really cheap DVDs or books on Amazon. This is a real shame because in the past I have bought a few 1p (plus postage) books from Amazon.
The postage for this DVD would cost 66p so I have cancelled the order and now the DVD is going to one of the charity shops on Finchley Road which is a much better idea. I guess in this way Amazon are doing a good thing. By making it unprofitable to sell the nickel and dime stuff they make it much more likely that old books etc end up in charity Shops.
Amazon have also built this excellent site for swapping books called ReadItSwapIt.