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Looking back on 2024
I thought some reflection was in order as 2024 comes to an end.
First of all, a big thank you to all the people who have bought books from Frond Books this year โ I really appreciate it and it means a lot!
Here are some stats on how it’s gone since I started Frond Books.
- 238 books processed at one point or another in my inventory
- 58 books sold (the vast majority through TradeMe)
- 180 books still in inventory
In terms of the revenue side of things:
- Total save revenue (including shipping costs etc) = $1,067
- Total book sales = $737
- Total profit = $388
- Average profit per book = $6.7
- Highest profit in a sale = $46
- Lowest profit on a sale = -$3.42. (Always annoying to lose money on a sale!)
Was all the time I spent buying, cataloguing and selling books worth it financially? Almost certainly not. This would come out to a terrible hourly wage!!
Overall the numbers may not sound very impressive but I’m having fun and learning lots about the book trade, how to run an e-commerce site, and lots of other things. I’m not looking forward to the first tax return which will have to include this stuff though โ that’s a problem for 2025.
Happy holidays and happy reading!
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