If you’re looking for a way to earn a part-time income or start a new internet business, then you should consider starting a book business online. Getting into the used book business is an easy and profitable venture. It’s not a get-rich-quick scheme, but with a few hours of your spare time, you can make a good income.
Your first step should be to start buying used books in your area. Unless you’re using your personal collection, you’ll need to buy books from estate sales, library sales and garage sales, which is a great way to get a large number of books for almost nothing, as most people do don’t realize the value of what they’ve got. Most people are just eager to get rid of these books, so they’ll often accept an offer like, “Would you take $ 60 for these 50 books?”
Another great place to look is wholesalers. Many are available online, such as A1 Overstock and Book Depot. You can find a lot of books for $ 1 or $ 2 each. Most require you to order a minimum amount, such as $ 200, but you stand to make a large profit.
Next, you’ll need shipping materials for your books. In most cases a bubble envelope will do. If you’re shipping a more expensive or fragile book, consider purchasing an Easy Fold Mailer, from Uline.com. It’s made of cardboard that can adjust to the thickness of the book, providing better protection than a bubble envelope. In most cases the bubble envelope will do just fine.
Now you’re ready to set up your store on Amazon.com. Amazon is the recommended place to sell used books online. it’s possible to get started in just a half-hour and gets a lot of web traffic. Simply find the book you want to sell on the Amazon web site, click on “sell yours here” button and you’re on your way.
When pricing your books, do don’t feel you need to pick the lowest price possible. A good way to figure out a price is to look at the prices listed, discard the highest and lowest, and take the average of the rest. This “middle of the pack” pricing helps you get a fair price, yet keep the books selling.
When grading your books, be honest. If it has some dog-eared pages, do don’t say it’s “like new.” You want happy customers. If they receive the book and it’s not in the condition you said it was, they are more likely to leave you a negative review and rating on Amazon.
Now watch your books begin to sell. After you get an order, ship it immediately! Never wait until it’s convenient for you. Ship it that day if possible. This will help keep your customers happy and keep those positive ratings and reviews coming in.
Soon, your hard work will pay off, and the profits will start. Ship your books with care and ship them promptly. Be honest when you grade the books. Price them at a reasonable rate, but do don’t feel like it has to be the lowest price possible. Do these things and you’ll continue to thrive in the used books business as your book selling income grows. To learn more, read Used Books Into Gold, available at: http://usedbookbusiness.com At the same web site, you can sign up for a free mini-course, about buying and selling both used books and magazines. The 7-part course includes:
- How to sell used books and magazines online.
- Best books to sell online.
- Seven steps to profit selling used books on Amazon.
- How to make money selling old magazines online.
- Five ways to make 800 % profits with old magazines.
- eBay selling secrets for used magazines making a profit selling used magazines on eBay.
- How to turn used books and magazines into gold.