What is the Book Profits System?
Book Profits is a money making system that teaches you on how you can make money through selling books online.
The strategy concept is rather simple. The system teaches you on the concept of arbitrage.
According to Investopedia, it is defined as:
“Arbitrage is the simultaneous purchase and sale of an asset to profit from an imbalance in the price.”
In layman’s term, buy low and sell high. You profit the difference between your buy and sell price. Just like buying stocks in the stock market. The concept is simple, but this takes years or decades to master if you’re not disciplined.
I have some good news for you. The Book Profits System will help jumpstart your earning potentials minus spending years or decades mastering book arbitrage. In fact, the authors of Book Profits System claim that a 10 year old is using this method to build her college fund. If a 10 year old can do it, you can do it too!
Basic things you need for this system:
- Internet connection
- Web browser
Marketing skills and/or having a website is not required. The system will teach you everything to get you started and off the ground running in no time.
Who Created the Book Profits System?
The creators of the Book Profits System are Jon Shugart and Luke Sample.
About Jon Shugart
If I have to take a guess, Jon is most likely the brain for the Book Profits System. His education spans from University of North Georgia, The University of Southern Mississippi, and finally Georgia Institute of Technology with emphasis in Computer Science. According to his LinkedIn profile:
“Entrepreneur at heart, computer programmer by trade. Currently marrying the two by creating a software company focused on providing tools and services to increase ROI through Internet Marketing.”
Like most entrepreneur, he runs multiple companies and is currently the CEO of Keyword Rockstar. He is also the creator of the highly successful money making program, Textbook Money.
About Luke Sample
I believe Luke Sample needs no further introduction. He’s pretty much the poster child for the Profits Book System. He has founded multiple companies with his most recent being Book Profits System.
The caliber of knowledge and business know-how from Jon Shugart and Luke Sample should give you some idea on the quality of the Book Profits System. As a student of the system, you will be apprenticing from the best mentors in the industry. You are in good hands.
Why Use Book Profits System?
Here I will list out the advantages and some of the disadvantages of using Book Profits System.
- Work anywhere as long as you have a computer with internet access
- Work 1 or 2 hours a day or less once you get the system off the ground running
- From their webinar invitation, Jon and Luke claim that you can earn $3,000 – $10,000 per month (individual results may vary)
- Be your own boss
- Your spouse or love one can be your business partner in this joint venture
- Can be lonely if you’re working from home (but hey, that’s where the hubby and wifey comes in)
- Some hard work initially, but should pay dividend in the long run
Testimonials from various students, individual results may vary
I will be covering some of the highlights of the Book Profits System webinar. Luke presents the presentation solo, unfortunately, Jon is not present in it. Would of been nice to see the dynamic duo. 🙂 There was someone that was manning the chat screen, which can possibly be Jon. Below is a screenshot on how the webinar begins.
There are two methods you can make money through the Book Profits System. Method #1, you buy textbook from Amazon 3rd party seller at a low price, sell the book back to Amazon at a higher price. You profit from the difference.
Method #2, Amazon do not care where you purchase the books from, this can be outside of the Amazon ecosystem, and Amazon may not have the lowest price. Again, purchase the textbook at a low price, sell the book to Amazon at a higher price, you profit from the difference. Conceptually, both methods are extremely easy to understand, but can take time to master it perfectly. I bet some of you have lightbulbs and questions firing off, like I don’t need this system because I can do this by myself.
But, do you know how to do this efficiently?
Do you know how to find the best deals with the least amount of time investment?
How do you scale up so that you can sit back anywhere in the world and enjoy passive income flowing in?
United States is probably one of the biggest textbook market in the world, if you’re living outside of the U.S., can I still use this program? Short answer, yes, Luke will explain how to do this in the webinar.
This is where Luke presents to you Book Profits System, which is literally a full business in a box. Plug and play. Point-to-point solution system. The system is two parts. One part education and one part business tools and software. Usually this is sold separately which doesn’t make a lot of sense since you need the two together especially if you’re a novice or beginner. This is a great solution/system if you’re completely new to the book arbitrage game.
This is the part where Luke provides information on how to profit from this system if you’re outside of the United States. Book Profits System has established processing centers where entrepreneurs can utilize their one stop shop system. Once you find the textbooks to sell, you can send it to the processing center, they’ll receive, open, inspect, repackage, and finally ship your textbooks to Amazon for a nominal fee. This is great for people who live outside of the United States and someone who wants to scale up their Book Profits operation.
This is the second part of the business in a box solution, tools and software. In order to be profitable and leverage your time efficiently, you need tools and software that can automate your process. The Book Profits System software will help you find deals in Amazon and 3rd party book sellers outside of the Amazon ecosystem. Yes, you can do this alone, but this software will literally save you hours of work and headaches. This software is what differentiate you from a worker to a entrepreneur.
Here are some of the benefits of the system, no marketing skills required, zero-risk on buying textbooks (you will know how much you will buy the textbooks for and how much you will be selling it), huge profit potential, can work anywhere in the world, and you can outsource it. Once you outsource it, enjoy the passive income!
The image below is a training screenshot on how it looks like in the backend once you’re logged into the system. Simple, polished, and clean UI.
The Book Profits System offers live coaching twice a week. Yes, office hours are available to people who needs help.
If the hours of live coaching conflicts with your schedule, they also have a support portal where you can submit your questions via the ticketing system.
I’ve never seen this before, but this is their crazy guarantee… You’re going to make money no matter what. If not, they’re going to pay for your profits, but… This gets crazier!!!
This is the craziest guarantee I’ve seen in my career, if you don’t make at least 100% of your purchase price back in the first 60 days, Book Profits System will double your money. Disclaimer: I don’t know if anyone exercise this guarantee, I would highly recommend you read the fine print on how to qualify to this guarantee.
This is a list of what you will be getting with the Book Profits System:
- Full Book Profits System Software, this will help you find the book deals
- Book Profits System Education Module
- Twice a week coaching
- Expert support portal
Screenshot of the Book Profits System software. Again, clean and polished UI.
Luke states that normally this system would cost $3,000 plus $300/month, read on to find out the discount price…
The final discounted price for the Book Profits System will be $997 plus $197/month. This is a $2000 savings on your end. This might be a lot of money to some, but did you forget about Luke’s double your money guarantee? Scroll up to read about the crazy guarantee. I’ll wait.
P.S., other products you might like, check out Super Affiliate System 2.0 where John Crestani is cranking out Super Affiliates like a lean mean Super Affiliate machine!