Is it worth it to resume selling on Amazon Marketplace?

Discussion in 'Marketplace Discussions' started by Gene Parmesan, Oct 11, 2021.

  1. Gene Parmesan

    Gene Parmesan Forum Resident Thread Starter

    Location:
    PA, USA
    I used to sell on Amazon Marketplace years ago. While Amazon's cut was not small, I was able to sell quite easily by adding lots of description about the condition and setting the price at or near the lowest current offer price.

    Now that I'm paring down my physical media collection (almost exclusively CDs), I'm wondering if I should bother listing there again. My account is currently in limbo because I haven't sold there in such a long time. I need to submit an ID and recent credit card statement :sigh: to reinstate my account, and I'm not sure if it's worth the hassle.

    Any comments?
     
  2. pscreed

    pscreed Upstanding Member

    Location:
    Pittsburgh
    Several years ago they purged a bunch of online used CD sellers. Maybe things have eased up since then, but not sure if they have changed that.

    Might want to check discogs also?

    Anyway good luck - would be interested in hearing about your experience if you try Amazon again.
     
  3. Dave

    Dave Esoteric Audio Research Specialistâ„¢

    Location:
    B.C.
    Greg, there's always here on the Forum as well with no fees.
     
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  4. Roland Stone

    Roland Stone Offending Member

    Sell a CD for $5.00 and after fees your take-home pay is $0.86 . . . It's not worth the hassle unless you have something worthwhile to sell.
     
    Last edited: Oct 11, 2021
    Gene Parmesan likes this.
  5. R. Totale

    R. Totale The Voice of Reason

    Most CD resellers are gone from Amazon, because a couple of years ago they started requiring you to produce wholesale invoices for the product you are trying to sell.
     
    pscreed likes this.
  6. MrJerry1876

    MrJerry1876 Short Distance Voyager

    Location:
    Maine
    Like Dave said earlier, the forum is probably the best way to go. No hidden fees or small print. You would probably sell the item quicker on Amazon or Ebay as more people can see the item, but you take home less money. I don't know about Amazon, but it costs to list and relist items on Ebay so if you want to lower the price, you'd have to pay. Here you just have to post in your thread. I honestly think that your best bet would be this forum's classified ads.
     
  7. joachim.ritter

    joachim.ritter Senior Member

    Discogs.

    (I'm selling on ebay, Amazon and Discogs.)
     
  8. Gene Parmesan

    Gene Parmesan Forum Resident Thread Starter

    Location:
    PA, USA
    Yes, I sell on Discogs and here as well. Seems like I always got more sales through Amazon back in the day though. Maybe I just need to be more patient. ;)
     
  9. Tullman

    Tullman Senior Member

    Location:
    Boston MA
    Yeah, this forum’ is low ball city.
     
  10. kwadguy

    kwadguy Senior Member

    Location:
    Cambridge, MA
    It depends on what you're selling.

    If you are selling tonnage titles, which retail for a few bucks, then Amazon is a terrible choice. With all the fees, you will barely break even.

    If you are selling unusual out of print titles that sell for significant money, then Amazon is a reasonable platform, along with the others. Note, however, that Amazon restricts which titles you can sell in the music category, and you can't sell a good fraction of titles unless you have a verified account, which is itself painful/impossible for small sellers.

    The best choice used to be Fulfilled By Amazon, where you'd send stuff in and they'd ship it via Prime to buyers. Not any longer. Now the warehousing fees are high (and apply to every unit), the shipping fees are a lot higher, and the listing restrictions make it a bad choice for most small sellers.
     
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  11. Gene Parmesan

    Gene Parmesan Forum Resident Thread Starter

    Location:
    PA, USA
    Anything that looks like it will sell for less than $8 goes into a box and I take it to PREX. Not worth my time on any platform.

    Interesting. This morning I went through and verified myself. I had to upload a driver's license scan and a (redacted) banking statement. I was verified in less than an hour and now I have a few items listed. However, I tried listing one box set and wasn't allowed. I have to be verified further, which requires a copy of "1 purchase invoice for products from a manufacturer or distributor." Sure... I'll get right on that.
     
  12. quicksrt

    quicksrt Senior Member

    Location:
    City of Angels
    Amazon is good for getting top dollar for (old) still sealed vinyl LPs if you can wait it out long enough - because it is slow going. I only move aprox 24 items per year, but they are hefty prices I get. It's a nice little extra on top of Discogs or eBay selling. I need to load some more items into Amazon inventory, thanks for the reminder.
     
  13. quicksrt

    quicksrt Senior Member

    Location:
    City of Angels
    Are you able to list CDs for sale?
     
  14. Gene Parmesan

    Gene Parmesan Forum Resident Thread Starter

    Location:
    PA, USA
    Yes, but not certain ones. For example, I tried to list the recent Lou Reed - New York LP/DVD/CD box set and got the notice that I needed further verification first. I guess it's based on artist name.
     
  15. R. Totale

    R. Totale The Voice of Reason

    Let us know how it goes from here.
     
  16. kwadguy

    kwadguy Senior Member

    Location:
    Cambridge, MA
    The restricted titles--of which there is a huge number--don't follow any rhyme or reason. A lot of the major label stuff in print is restricted. But a lot of stuff that's out of print is restricted, as is a lot of obscure stuff on random labels.

    Also beware that if a customer wants to make a return, Amazon will force you to accept it no matter what. eBay/PayPal are bad for the seller when up against a buyer pulling a fast one, but Amazon is even worse.
     
    Gene Parmesan likes this.
  17. mesfen

    mesfen Forum Resident

    Location:
    lawrence, ks usa
    I got thrown out with the dishwater a few years back; kept some inventory going. In the middle of this pandemic, a package was late and seller did a a-z claim and Amazon couldn't consider the possibility of bending the rules for guarantee shipping during this extraordinary times so i was thrown under the bus and with that I shuddered the store for good. At the beginning it was a good run.
     
  18. Dillydipper

    Dillydipper Sultan Of Snark

    Location:
    Central PA
    I really resent the way Amazon cornered the market on offering re-sellers a place to move their stuff...and now they've got the critical mass, all their used prices start exactly low enough so that, with shipping, it makes just as much sense for a customer to buy a new product directly from them. That's the way of it nowadays: give people a place to do something as a lure, then take their market share out from under them. Capitalism at its' most predatory.
     
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