Well, I thought I'd see how a person could make any money offering books, CDs and DVDs for a penny on Amazon. I mean, I'm competing against that price whenever I list stuff.
So, I listed a book I got free for a one penny sales price. And the experiment worked.
I just listed the book yesterday as soon as I'd finished writing the review, and it sold this evening.
With the Amazon built-in shipping, I made a whopping $1.66 for that book. But wait, there's more! I also had to pay for shipping to ship it to its new owner, to the tune of $3.07.
Basically, I can list books (let's just leave it at books, OK?) for a penny, but I lose about a buck and a half on the transaction.
Bottom line? My minimum price for a break even transaction is about $1.50 for a book. That's good to know.
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