Welcome to my BookTrades.Biz review! For today’s topic, I’ll talk about whether they’re legitimate or a scam that you should avoid!
If you have piles of books stocked in your house that clutter your living area and doesn’t serve any purpose anymore, then you just might want to get rid of them to save space.
Or, you can also repurpose these old books by selling them for profits. And a popular medium used by many in selling their old stuff is through the help of the internet.
There are many platforms you can refer to, like eBay or Facebook Market. But another well-known site that most go-to is Amazon and the applications’ earning potential is where I’ll be focusing on today.
If you’re particularly looking for a program that can help you sell your old books, then I’m sure that BookTrades.Biz has come up at the top of your Google searches.
It was developed by two online entrepreneurs—Jon Shugart and Luke Sample. And if you’re interested in how the program works and whether it’s a good source of income, then today’s topic is what you’re looking for!
But before I begin, allow me to disclose that I am NOT an affiliate of BookTrades.Biz’s and in NO way promoting any of their products. This article is my unbiased opinion about the program and whether it’s worth your while or not.
So with that out of the way, let’s begin my BookTrades.Biz review…
Let’s meet the founders
Below are the creators of BookTrades.Biz—
There’s not much information about Luke Sample on the web.
All I managed to gather is that he made millions as a digital entrepreneur at the age of 23. His success even caught the eye of Forbes magazine and featured him in 2003.
(Photo credits: Business and Leadership website)
The Business and Leader website referred to Luke Sample as the Rockstar Internet Marketer. You can check out the full article here.
On the other hand, Jon Shugart is an experienced digital marketer. Aside from BookTrades.Biz, he is also the CEO of another online book-selling program called Book Profits.
(Photo credits: Business and Leadership website)
He has a degree in computer science and mathematics and has been in digital entrepreneurship since 2008.
He started with the business of reselling used books on Amazon in 2016.
In the following section, I will explain the program’s purpose and what you’ll get upon signing up…
What is BookTrades.Biz?
BookTrades.Biz is a program that specializes in selling books on Amazon.
To make things a little more convenient, they also grant access to an application to help the seller manage their online store.
It appears that the program is legitimate. However, this type of eCommerce model isn’t the best option if you’re looking for a reliable income online.
First of all, you need to make a lot of sales in order to generate significant profits. Also, you have to take note of the specific fees implemented by Amazon. I will explain more on this in the following sections.
Anyway, if you’re interested in availing of the services of BookTrades.Biz, it would cost you a hefty amount of $3,500 registration fee plus recurring charges of $297 per month!
I bet some of you might have back off just seeing its price tag.
Check my best work-from-home recommendation for a better and more stable source of income online.
But if, for some reason that you’re curious about how the program works, then let’s continue with my BookTrades.Biz review and find out more…
How BookTrades.Biz works?
Once you signed up, you will have access to the following services—
First and foremost, you will get online training on selling and reselling books on Amazon.
Another basic offering of the program is its software that’s supposed to help their clients check the prices of the books and search for specific titles.
The software costs $297 per month but comes with a 30-day trial period.
Email Support Desk
You can leave a message to their support desk whenever you have queries or in need of clarification about the services.
Live Group Coaching Sessions
Live sessions are conducted twice a week and are managed by the program’s team of experts.
And its primary purpose is to help their clients by allowing them to ask questions during the live mentorship session. It also enables other members to benefit from each query.
Annual Live Events
Every year the founders’ of the program organize a live event and allow each member to share their experiences and expertise with others.
Is BookTrades.Biz a scam?
No. BookTrades.Biz is not a scam. It is a legitimate program that provides training and coaching sessions on reselling used books through Amazon.
If you’re considering partnering with them, then you are in perfectly good hands. From the looks of it, I believe that they could deliver what you might be expecting from an online merchant site.
The only con of the program is its high base price and expensive monthly fees. In addition, the business model yields low profits. They may be preferable if you’re only looking for extra income.
If your aim is a high and stable source of income online, then you need to check out my best work-from-home recommendation!
What I do LIKE about BookTrades.Biz
First and foremost, BookTrades.Biz’s creators—Luke Sample and Jon Shugart, are legitimate digital entrepreneurs that could potentially help you with your financial goals.
The software included in the program helps monitor the best price and find specific titles you need.
What I DON’T LIKE about BookTrades.Biz
Yes, it’s legitimate, but the price is crazy high considering how hard it is to earn a significant and stable income through selling books on Amazon.
No refund policy
Be sure to check out its terms and conditions because they implement a no refund policy.
Challenging business model
As I repeatedly emphasized in this article, the business of selling stuff on Amazon possesses many challenges, including marketability and recurring fees involved.
BookTrades.Biz review—Final Thoughts
I hope my BookTrades.Biz review has provided you enough information about the system and helped you in determining whether it’s worth every penny or not.
Although their operation is legitimate, the concern here is the business model itself. If you’re aiming to earn reliable and high income online, then selling and reselling books through Amazon isn’t the best platform for you.
Managing fulfillment orders on Amazon involves a lot of costs to consider. In addition, the registration fee and recurring charges are too high, considering how little the potential income is.
To give you an example of the challenges on Amazon as a seller, let’s take the case of an FBA entrepreneur after six months in the business.
He claims that he was able to sell 25 books on Amazon in six months. With this number of sales, you would expect that he had somehow earned decent income from it. However, this isn’t exactly the case.
The breakdown of his profits is as follows—
- Gross profit from the 25 books sold: $242.07
- Operating expenses: $236.28
- Therefore, net profit is: $5.79
Yup, potential income is that low!
Below is an example of operating expenses involved for one book—
- Amazon referral: $1.35
- Per item fee: $1.80
- FBA fulfillment fee: $4.71
- Variable closing fee: $1.80
- Total fees: $8.85
This cost is on top of the registration fee of $3,500 and monthly charges of $297.
So yeah, that’s why I don’t feel like recommending the program at all. But if you have enough money to invest and still want to try the program, then, by all means, do so at your own risk.
If you’re looking for a way cheaper program that can provide you the financial independence you desire, then let’s go to the last section of the article…
How I earn income online
- It is a legitimate income opportunity online
- It is budget-friendly and free, to begin with
- It is a more reliable and higher source of income online
- You’re not directly involved with inventory management
- Your potential income is unlimited because you can promote as many brands as you wish
Yes, you’ve heard that right! All you have to do is market a product using your online content or social media presence if you are an influencer.
You’ll earn commissions every time someone engages your personal affiliate ling and uses it to buy the products listed on the landing page of the brand you’re representing.
Of course, your success in this type of business relies on the quality of traffic being driven into your content.
It may look daunting but never worry. I got your back!
If you’re new to the concept of affiliate marketing and have no idea where to begin, then slightly tickle the highlighted description below, and I will show you how to create a stunning webpage that’s generating lots of leads from scratch—
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Thank you for the time in reading my BookTrades.Biz review!
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