I can’t believe how easy it is to make money on Amazon with the Profit Bandit and Book Bandit apps (Note: Book Bandit is no longer offered. The Amazon Seller app is a viable replacement). Let me digress for a moment…I just bought a Samsung mobile phone the other day and the first thing I did was download the Book and Profit Bandit Apps.
I want to figure out if I can make a profit selling books as well as other items on Amazon that I find at my local stores with these easy to use apps. I know there are other comparison shopping apps out there and I downloaded them too (the iPhone has some of the same apps), however, I think I’m really going to like these two apps because of all the easy-to-use features that tie directly into Amazon’s vast catalog of books and other items.
In the past, I used a scanner attached to a PDA with the ASellerTool scouting software. This requires a monthly fee and a yearly subscription. There is one monthly fee if you use your own equipment, and another one if you rent the equipment. I’ve written quite a few posts about this service and it served me well in the past. I’m just wondering how ASellerTool will stay in business now that smart phones have apps that are either free, or require a low, one-time fee for virtually the same service.
Both the Book Bandit and Profit Bandit apps give me exactly the right information I need when deciding to list something for sale on Amazon. This information includes what the item is selling for new and used, what the Amazon ranking number is (the lower the better), what the shipping cost is, what my fees are, and what my profit will be. There is a little more to it than that, but you get the idea.
You can use the Book Bandit app at all the places that sell new or used books. I’ve found books to resell on Amazon at Barnes & Noble (read my post, “I Got Paid $40 An Hour To Shop At Barnes & Noble”), local Goodwill stores, Craigslist (read my post, “The Secret To Finding Books On Craigslist To Resell”), garage sales, consignment shops, library sales, thrift stores, among other places (my local grocery store sells used books people donated at the front of the store).
The Profit Bandit app can be used at pretty much any retailer! Almost every store has a clearance section (watch out Marshall’s and TJ Maxx, here I come!) and other items for sale at any given time.
I plan to report back on my experience with these apps and let you know how I do. It has been awhile since I listed something for sale on Amazon. Selling on Amazon used to be my primary business for a while and I’ve written quite a few posts about this in the past. Here are some of those posts:
If you’ve downloaded either one of these apps, or ones that are similar, please share your money-making or money-saving experiences below; I’d love to hear about them! Thanks!