And guess what? The reason why selling books on Amazon is a make money reselling books way to get makd is that ,ake can launch your business without spending thousands on inventory. Plus, if you decide you want to start selling private-label products too, your book sales will help you raise the necessary funds to launch your first Amazon private-label product. Long before I made six-figures selling my own branded products on Amazon, I sold books. And while my bookselling method was a little different than the one used by my competitors, it primed me for the even bigger and even better things to come. It all started with a nine-to-five job. And I hated my nine-to-five job.
10 Best Places to Sell Books Online
Ever since companies started making money online, I was intrigued. I graduated from high school in , just when the internet was starting to come out of obscurity. At the time, I had no idea that learning how to make money selling used books online would be one of my first interests. By the time I got into college there were always stories of online companies raising millions in IPOs on the stock market. This whole frenzy played a huge part in my decision to go into finance and business management. I was fascinated by the ability of the companies to sell products online. It was just such a new concept back then. Today, flipping textbooks for profit is much easier than it was back then, thanks to tools like TexTrader that do all the work for you. Of course, the big player in those days was eBay. Now the giant is Amazon. I was in college and I was a cheapskate. This is how I made my first buck online. Essentially, I would go to thrift stores like Goodwill and others and look through the used book shelves and find books that I could sell on eBay or Amazon. This was my process back then in a nutshell. The key to success in buying and selling used books online is to know how much money you can sell the book for before you buy it. You should only purchase a book if you know you can make some money on it. In general, there are 4 types of books that you should look for when trying to sell used books online. That means there is A LOT of money to be made in this disjointed market place. Sure a great deal of used text books sales happen on college campuses. However, a quick perusal of Amazon and eBay listings will show you that plenty of people are still buying and selling used textbooks online.
3 Reasons Why Selling Books on Amazon is a Great Way to Start
However you do it, you will hopefully be left with large stacks of books to dispose of. I like to start with BookScouter. Remember, all of these websites pay based on what they think they can sell book for, so books with higher demand will sell for more. If you live near a HPB, this is a great solution for selling your books. You pack up your books, bring them in, and then wait at the store while a bookseller appraises your books. The first is through their trade-in program. For the trade-in program, you search your book edition, find the ISBN the 13 digit code typically on the back or on the copyright page , and check if Amazon will offer you money for your book. Fill out a brief questionnaire about the condition of your book, and then Amazon will give you a shipping label. Just, like, try to buy a book from a local indie to even out your book-buying karma later. You can also sell books the traditional way on Amazon, by setting up a seller account and listing your books. This is totally doable, but it does take some commitment. They prefer to only take books in excellent condition. You can get money via PayPal or you can get store credit. Use BookScouter to try to determine which of these sites will offer you the most money back. Finally, also check out your nearby indies for local places where to sell used books. Many of them offer cash back for your books or store credit. Always call ahead and check on their requirements. It will help you avoid any costs or complaints when you go to sell books. If there is some shelf-wear on the book, say so. There are many organizations that are always looking for books, or you can drop off a book in a local Little Free Library. Or, donate your books to prisons. If none of these are an option, we have a few ideas for how to repurpose your used books. I find it helpful to have a plan for how to spend my book money. Go forth and clear out your bookshelves! Try not to refill them too quickly! And, hit the comments for your tips on where to sell used books. Listen Shop Insiders.
How to Sell Books on Amazon (Updated 2019 ) Scanning Books for Amazon FBA — Scout IQ Tutorial Review
In our recent post about becoming an Amazon FBA sellerit was brought to my attention how lucrative selling used books on Amazon — and elsewhere — can be. It’s also a great flexible gig for those looking to do something part-time or just on the weekends. Today we are focusing solely on that topic: how to sell used books for extra cash. And, we have two successful sellers stopping by to share their tips. Lori Schafer is an independent author who supplements her income buying and selling used books. She is a part-time seller. Lori provided the following as her motivation to become a bookseller:. They were all over the house, and I figured it made sense to start unloading some of those I had already read before I had to turn my kitchen into a library, too! I didn’t start doing it seriously, however, until I made the leap to full-time author last year. I knew I wasn’t going to be making money for a while, and I liked the idea of having a part-time gig I could do on my own schedule. Peter Valley, on the other hand, is a professional book flipper. He has written two books on the subject and is also the owner of the popular blog FBA Mastery. Like many of us, it took only one chance encounter with a used book to get Peter hooked:. The margins are addictive. A variety of paid apps allow booksellers to scan a barcode with their phone’s camera or a Bluetooth barcode scanner and get instant results as to the book’s value, sales rank, and. So while it helps to have a knowledge of books, a new seller can defer completely to the data on their scanning app when making a buying decision. Had I made the switch to Amazon, for example, I would have been starting with no rating and no reputation. I did look into it, though, because creating and managing listings on Amazon is much easier than on eBay, where it’s quite time-consuming. But when I examined the Amazon fee schedule, I discovered that their fees were much, much higher, at least if you’re not a high-volume seller.
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