I’m new to the Amazon selling game. After some research I found buying and reselling textbooks an idea people agree on. However I also read (mostly on Amazon own seller central blog) that several books and textbooks in particular are increasingly becoming restricted items for small (and not so small) sellers, a policy that started about a year ago. Looks like it’s still possible to sell some, but restriction is increasing on the most demanded ones.
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. I sold most of the books through Half.com. If you keep an eye out, you can also buy your books online and resell them for a profit.
According to CheatSheet.com, AbeBooks will “buy back” old textbooks or other lightly used reading copies, and they pay by check. Similarly, Powell’s buys used copies but has a very strict policy about the condition of your books. Expect to receive a check - but if you plan on buying additional books, you’ll get more bang for your buck by taking store credit.
The price point is partly a result of the market’s downward pressure: at a certain level of supply and demand the race to the lowest price swiftly plummets to the bottom. What remains inflexible is the $3.99 fee Amazon charges the buyer for shipping. From that $4, Amazon takes what they call a “variable closing fee” of $1.35. They also charge the seller 15% of the item’s price – which in the case of a penny book is zero. That leaves $2.64 to cover postage, acquisition cost and overhead.
Peter, on the other hand, believes Amazon is where the big money is at. He is a high volume seller, however, earning over $130,000 in his first year as an Amazon FBA seller. Peter say’s, Amazon isn't just the biggest bookstore in the world anymore, it's the biggest store – period. The truth is that I have never met anyone selling books online who makes money anywhere except Amazon. It's where the book buyers are, and where the money is.”
As with an eBay listing, ensure that your Amazon inventory item includes an image of the book, a synopsis (these are usually provided) and details concerning its condition. For full details about selling anything online with Amazon see our Amazon shopping guide The Amazon Shopping Guide The Amazon Shopping Guide This free Amazon shopping guide outlines everything you need to know to make the best use of Amazon and secure the best deals. Read More .
I like to read. A lot. So much so, in fact, that my father-in-law installed a self-built six foot long bookcase in our house shortly after we moved in, and even that wasn’t enough to deal with the vast collection of novels, guides, encyclopaedias and biographies that I owned. My wife brought a few into the mix too, as did my children when they arrived.
Do you have used textbooks from previous semesters you’re no longer using, sitting on your bookshelves collecting dust? Have you thought about taking steps to sell your textbooks but haven’t known where to start? Quit accumulating dust bunnies and start earning cash or store credit with the best place to sell textbooks: TextbookRush. Our quick, easy, no-hassle textbook buyback program makes it easier than ever to sell books you aren’t using and trade them for something you can use instead. To maximize convenience, we give you a shipping label for sending the books back. Then you can take your choice of either cash or store credit in return for your books. Why store textbooks you’ll never use again when you could trade them in? Let TextbookRush make it easy to declutter and move on with our textbook buyback process.
They suggest you simply ‘choose a free offer’, and you won’t have to pay, but as you progress…the free offers thin out or simply disappear! Of course you have to stay on the offer hook until it’s 80% completed, and then don’t forget to cancel, or you will be charged. Thank you for pointing all that out! Of course, people will forget to cancel. Life often gets in the way of calendars. I’m sure they count on that. It’s double talk that yes, you’ll have to pay for some offers up front, at the same time telling you, tongue in cheek, that the site is free. The site might be free, but the offers sure aren’t! I might be dumb as a mule naïve about internet marketing, but I’m certainly not stupid. Thank you again for your insights on ZNZ.
We'll pay cash for your books, textbooks, music, movies, mobile phones, tablets, games, gaming consoles, e-readers and more(excluding Outlet locations)!* You can spend the cash in the store or take it home with you. We pay the most for recent bestsellers and collectibles, but we're also interested in good books, music, and movies of all kinds. The primary factors we consider when buying used merchandise of any kind are: 1.) condition 2.) supply and demand.
If you decide you want to sell your used book, just click on the sell button next to the vendor and you’re all set. You will be emailed a shipping label and then all you have to do is ship the book within 7 days. Oh btw, shipping is free. Normally if you were to ship book with USPS, it would cost around $5-6 dollars. That would make no sense at all if the book’s value is only a few bucks. But with BookScouter, shipping is free so that’s one less thing to worry about.
However, the books you can sell could add up to a decent amount of Amazon credit, which nearly anyone could find a use for. Your books must be in good condition — no water damage, marked pages, or damaged spines or covers. But unlike some websites, if Amazon rejects your book it will mail it back to you for free. Plus, there’s no minimum order, so it’s a good option if you have just a few books to sell.
I've written previously about how I sell used books online for extra money, but that involves going to garage sales every weekend and sweating the summer heat. Today I'm going to show you how to buy textbooks online at sites like Ebay, and then how to resell them online for a profit at places like BookScouter.com. Consider it my sweet revenge against the bookstores that overcharged me as a college student. 🙂
Note that postage can be pricey, meaning that it's possible to make very little income using sites like Amazon and eBay to sell your books. That's where newer sites like WeBuyBooks.co.uk and Fatbrain are a bit more transparent – they cover the postage costs, so the valuation they give you should be exactly the amount you'll see in your bank account (unless they decide your books aren't in good enough nick when they arrive)
But if books aren't your thing and you just wanted a simple way to make money online, you can make an affiliate marketing website on pretty much anything – books are just one example. As such, affiliate marketing becomes a great way to talk about or promote pretty much any hobby or passion, without having to worry about finding products, shipping or dealing with customer service. That’s a win all around.
Half.com. An eBay-affiliated site specializing in books and CDs, Half.com doesn't require you to pay a listing fee, but you do pay a commission out of your proceeds when you sell an item. Commissions range from 5 to 15 percent, depending on the sale amount: The higher the sale price is, the lower the commission rate is. Half.com will make payments via direct deposit into your checking account.
On average, it takes 13 days from the time you click "sell my books" to when payment is issued. It can be shorter or longer depending on what shipping method is used, and your proximity to Hillsboro, Oregon. After your books are received, inspected and marked as 'processed', payment will be made. Payment is sent within one business day of 'processed' status.
Search by ISBN: The ISBN (International Standard Book Number) is a unique number located on the back of your book that identifies the particular title, author, and edition of a book. Some books have 10-digit ISBNs, others have 13 digits. Searching by ISBN ensures that you will be quoted the correct buyback prices on the exact book and edition you are selling.
As you can see the profit margins aren't huge on a single book, because there are several other Ebayers playing this trade-in game. However, if you can average a $5 profit margin on each book, you only need to buy 5 books everyday to pocket an extra $750 dollars each month! Considering there are over a million textbook auctions on Ebay right now, it shouldn't be too hard to find 5 books a day to resell.
Rare and antique books are a specialist market within the general antiques and collectables trade. Their price is determined not just by a book’s condition but also by how other investment markets are doing. There are always investors with cash to splash even in times of recession. When interest rates are low, cash moves into other investment classes. The value of antiques and other “collectables” including books may rise as a result.
Compare Buyback Prices: Don’t leave money on the table. Selling your used textbooks at the campus bookstore during buyback is a sure way to throw money down the drain. Not only will you be competing with thousands of students to get a measly few dollars for your book, but you will probably have to stand in line to boot! Smart students buy and sell online. CampusBooks.com is a free service that instantly compares buyback prices at dozens of the top buyback sites. After you search for your book, click on the buyback offer you want and complete your buyback on the buyback merchant website.
Basically, those that use the scanning method go to sales where books are priced dirt cheap (usually under $1.00) and scan each and every bar code with their cell phone or portable scanner. An app on their phone cross reference’s the book’s BSR as well as the book’s lowest sales price and lets the seller know whether or not the book is worth purchasing. Typically, a Scanner will carry a box, shopping cart, or many reusable shopping bags to lug their goods around.
It’s possible to get a higher selling price by selling the book yourself than that offered on by a textbook buyback site. Just keep in mind that Amazon will keep a small commission of approximately 15% and you are responsible for paying shipping costs. You do get a small shipping credit, but, it still might not be enough to offset the cost postage & packaging materials.
Selling used books online also means that you have to maintain a physical stock of the books, while also shipping those out as sales are made. There is a fair amount of logistics involved in doing this, along with the physical space to store the books. Sure, if you score a few rarities you can put them in your closet. If you start buying in bulk, you may need a storage unit.
Sam, if these are rare and collectibles, you may want to look into selling them to collectors or even art galleries. Craigslist could be a good option for finding interested parties. Other than that, you could always try one of the sites mentioned above. But I wouldn’t send in all the books at once. I would send in a sample, then see if they have any deals for you since you have a big volume.
Selling used books is certainly a fun venture. I started selling books a few months ago. My goal was to profit $30 a day right now I am at $23.90 😛 I have been blogging about my adventure from the start at AlwaysBooking.com The money is certainly not a huge amount but it helps! I really look up to Adam Bertram at sellyourbooksonline. He started where I was and I hope to surpass him! To anyone that wants to get started buying books look for the obscure titles. If you look at a title and think why would anyone buy that, chances are good that someone on Amazon is looking for it.