You might have to wait a year or longer before the book will sell.
Most of you may already know how to check completed listings on eBay; however, if not, its pretty simple. Simply check this box, and then only the listings for the particular search topic you have entered that are completed will show. By doing this kind of research, you can find out pretty quickly how much you can expect to sell a book for. The problem with selling books this way, is that the margins are so low for the amount of time that it takes to find the books, creating the listing, respond to buyers, pack the books, and take them to the post office.
I was probably making way less than minimum wage on my little venture.
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However, I think there really is some potential for someone who gets serious about it. Want to start your own blog that can make thousands of dollars per month in passive income? Here I discuss:. Click here to learn how to start your own blog. Start your own blog today. While there are a couple of different approaches to take, the one I like best is buying used books on Amazon and then trading them into Amazon via the Amazon trade-in program and pocketing the difference.
If I were to start up reselling today, this is the avenue I would take. Reselling textbooks has gotten very powerful. If I were to do everything over, I wouldn't even bother with low priced books. Fiction, nonfiction, it doesn't matter. Textbooks cost an astronomical amount and there's a huge opportunity. There are actually more deals out there like this than you'd believe, thanks to the fact that sellers list used textbooks for low prices on Amazon all the time, not realizing they could trade that book into Amazon for more money.
There are tons of opportunities like this. Student get new textbooks every year.
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And plenty of savvy students don't want the 4th edition that just came out. They are more than happy with the 3rd edition that's less than half the price. Wait a little bit and there will be more than enough buyers for what you're offering. To be honest, every once in a while I still get the itch to go hunting for used books and to start selling them online.
I enjoy the hunt more than anything. So, who knows maybe this will become one of my future niche projects that I will document on this website. If you're looking to start flipping textbooks, I highly recommend checking out TexTrader which will save you a TON of time and hassle. By Spencer Haws June 28, 19 Comments. Just my thoughts…though I do enjoy going to garage sales to resell undervalued items every once in a while, though I would never consider doing it more than a few times a year. Hey Thomas — yeah it is an interesting idea. Not everything I am considering has to be passive. However, maybe that is all someone is looking for.
Overall, I agree with you though that it would be difficult although not impossible to build this into a full time business. I think this strategy would work not only for selling books online… but almost anything :. Very true! In fact, I have one future post that discusses a very similar idea of reselling a used item other than books. This post brought back a lot of old memories of ebay and half. Like anything, you need a good system. I agree that its all about finding your niche and developing a system.
I live in a town with a major university and have found that students trash their textbooks at the end of the semester. They can be found in various conditions. The university requires you to scan your student ID card to resell texts- mostly to detect any unusual patterns, I guess.
Where To Sell Used Books: 6 Of The Best Places Online (And In Person)
I sold most of the books through Half. If you keep an eye out, you can also buy your books online and resell them for a profit. I just moved to a small college town, and am looking for books to sell. Garage sale season is just about over. Where do the college students trash their textbooks? I want to get to them before they do! Selling used books is certainly a fun venture.
I started selling books a few months ago. Keep your eyes open for the best-selling used books which can be found just about anywhere. Pick them up for pennies on the dollar. Know which books you should leave behind that will wind up just taking up space. Now includes new updated chapter on the Amazon FBA program! Now you can get what you want Order your copy today. Available either as a Kindle Book or a printed paperback book for your convenience. Now reformatted so that all page numbers show correctly.
How to Start Selling Books on Amazon
From the author: Welcome to the easiest way I've ever found to make extra money in your spare time, buying and listing good quality used books online. This book is also available on in the Amazon Kindle Store in an e-book format. Language: English. Have doubts regarding this product? Post your question. Safe and Secure Payments. Easy returns. Amazon charges lots of fees only on items that sell. This step is optional, but will definitely increase the chances that your books will sell and will help you sell them quicker.
Normally every day or so I log into my account and adjust the prices of my items to make sure they are the lowest priced. Here you will see all of your listed books. It will show you your current selling price and whether or not you have the lowest listed price. If you see a green ball under the low price column, you are in good shape.
Best Places To Resell Your Textbooks
If you see a lower price, then you will want to click the edit link and lower your price a penny lower than the current lowest price. If you want, you can waste your life away doing this all day long, but I prefer to do it in early evening — when many of the businesses selling these books are closed. That way I can normally have the low price until morning when they come back in. He has been a full-time writer since and loves uncovering financial wisdom in the Bible as well as discovering the best tools and strategies to help you put more money in your pocket. Mary B Agreed, I know as a buyer I do occasionally pay attention to condition — but from my selling experience, it seems like I sell a lot more, a lot faster, when I try to maintain the lowest price.
I have probably only sold 25 books or so on Amazon, so it could be a coincidence. Kevin, I just ran a bunch of ISBNs that I currently have on Amazon and the prices offered are no where close to what you can get selling them on amazon. I may have to do that install of just tossing my old books. I use both amazon and half. They are both great sites, but if i use them both, i can post books on the site that has the highest lowest price sounds confusing, but it does make sense. So I prefer to look for my used books at garage sales and thrift shops.
Terry I agree — goodwill is the cheapest place to buy books — I have found some real jems! I have a lot of books to sell and would like to sell them on Amazon. I am confused though about the shipping and handling. Does Amazon reimburse you or what.
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It still seems like a lot of expense. Please could you clear this up for me. She had some sort of computer thing that she was scanning the barcodes. What is that called and does anyone here use that? Also, if you have the cost, that would be appreciated it. I always sell my textbooks online at the end of the semester.