I often hear, "How much should I sell my DVDs for?" This is a very common question, and I can provide you with the answer.
New sellers often times think that they will make $5 off of every DVD that they sell. That is not the truth by any means. Even though DVDs are the hottest item that is available on the internet, this creates a lot of competition for a seller.
Volume is the key in this online business. The realistic profit that you will see from of a DVD is from $1-$3. This sound like nothing, but imagine selling about 20,000 DVDs a month like ebay's top sellers.
What I do is sell a DVD for a couple of bucks more than I paid for it. For example if I pay $7.50 for a DVD I will sale it for $8.99. I then make money off of the shipping and handling charges.
My flat rate to ship one DVD is $3.99 and then I charge $2.00 for each additional DVD that is purchased and shipped. The cost to ship a DVD through the United States Post Office is around $1.29 so my profit from shipping is around $2.70.
You are probably wondering if this tactic is an ethical one. The answer is yes! Of course this is ethical.
The fact of the matter is that I am upfront with my customers about the costs of shipping and handling. Ebay is aware that sellers use this tactic and they have no problem with it. My customers know their total cost before they ever purchase a DVD from me.
What this amounts to is one thing. I am able to make money off of all of my DVDs. If I have a title that is not selling well, then I can sell it for what I paid for it and make my profit from the shipping and handling.
In closing I wish you the best of luck with your DVD business. If you have any questions please feel free to contact me.
