Another strategy that has also proven quite rewarding is by selling books, CD’s and DVD’s at chain bookstores. I know that several franchises, with stores in multiple cities, purchase used books. Half Price Books is one of them. But my experience and specific tips are based upon sales to Hastings Entertainment, although I suspect that most of the strategies I’ll share are applicable to other establishments as well.
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.”
You also have to physically find the books to begin with, which is likely to involve spending a lot of time in second-hand stores and markets. Doing so might be a fun task but it’s easy to see how it could get tedious after a while. Plus, you only make money when you get good finds. Some trips to the store will be completely fruitless, and you'll have wasted time and gas.
It's a bit of a horrifying experience the first time you walk into a college bookstore. I remember the first time saying to myself, “You want a $145 for that?” To say I felt ripped off is an understatement, which is why this side hustle I'm about to share is all the more exciting; Bookscouter is not a rip off, in fact, it's a totally legitimate company.
This is one of the easiest ways to sell your e-books online. You can set up an affiliate program for interested bloggers, writers or anyone that want to promote your e-books. Your affiliate partners will do all the marketing of your books online via their own blogs, sites, social networks, or other channels. You will pay them an agreed amount of money for each sale brought about by their marketing effort. Go through Click2Sale and provide each person with your affiliate link
Great article. I’ve scanned all of my books at home and found that the vast majority of them have a high BSR. What should I do with those books? Should I sell them to a used book store or hold on to them and ship them FBM to avoid FBA storage fees? Also, how sustainable is it to sell used books? Can you find enough book deals to make a decent income?
One thing before we go on: you’re probably not going to make a lot of money off your books, unless you’re a collector or plan on doing this in major volume. You’ll be quite lucky to make $1 a book. If you’re planning to sell books, wait until you have at least a stack of them ready to go. If you only have two or three books you need to re-home, you’re better off putting them in a Little Free Library.