I found your blog through Pat Flynn’s link! I currently live in Mesa, AZ and started in online business with selling used and collectible used books as well during college. I worked in a local used bookstore so I learned pretty quick which books were excellent to purchase to resell at a markup. I then saved the money I made to pursue a vintage clothing business, then a wool felt business. I quit my horrid job with the government this year in March (the 4th) to work on my online business full time. What a joy! Although my current business isn’t passive, I’m looking to create more passive streams of income. Thanks for all of the information you provide in your blog!
Books are heavy items. Most buyers will expect to have their books delivered to them and you need to consider shipping and postage costs when you price your wares. Some websites have standard postal charge (e.g. Amazon). This may not cover the actual shipping costs. So make sure the book sale price is sufficient to cover your outgoings and make a profit for you. Some websites (e.g. eBay) allow you to determine what (if anything) you want to charge for shipping on top of the sale price. You may also be able to specify different costs for tracked delivery compared to standard delivery.
eBay.com. This is a good place for selling rare or collectible books — and even vinyl records. The eBay site fees are pretty complicated, but the basic structure is that your first 50 listings per month are free, and then you pay 30 cents per listing for any additional listings that month. The company offers a handy fee calculator. Another nice feature for people who don't want to go through much hassle is that eBay offers a selling "valet service." If you mail your stuff to the company, then it will sell the items for you. You can't sell books or CDs through this service, but this is an option if you have collectible vinyl. Based on the sale price of the item, the commission for this valet service is 20 to 40 percent.
Self-published authors have had big success in recent years. Take Hugh Howey, who sold a series of science fiction books through Amazon’s Kindle Direct Publishing. At one point, he was selling 20,000 — 30,000 copies a month, which generated $150,000 in income monthly. Amanda Hocking, who writes “paranormal romance” and fantasy novels, has sold well more than a million books on Amazon, generating over $2 million in sales. That's proof that you can make money self-publishing on Amazon.
Thrift Stores – Prices are set from thrift stores but make sure you check out the inside pages and covers to the books your thinking about flipping. Many times you’ll find the books signed by the author which bumps up the value tremendously. Also every so often you’ll find money within the pages. Don’t ask me why but people do it and forget about them!
I am thrilled with your information and the help of your commenters. They all provided lots of help to sell my book collection. I have alot of research books, mainly Native American/Cherokee books and Vampire books and have decided to stop carting them around even though I love them. I am excited with the information provided here and will check them out.
Auction sites online and auction houses are also worth checking out for second-hand books. House clearances can be a good source of book collections. Often relatives of the deceased just want to clear the house with as little hassle as possible. If you have transport you may be able to be paid by executors to take hundreds of books away for dumping, and retrieve a couple of gems from the dross.
When I first started my business, I thought that the best strategy would be to capitalise on what is popular at that particular time. So, for example, when The Hunger Games movie was released, I could quite happily piggy-back on the huge advertising budgets of the film industry and sell The Hunger Game books, without doing any advertising myself, through searches on Amazon. This strategy didn't work. But it wasn't because I had wrongly predicted demand, The Hunger Games book series was flying of Amazon's virtual shelves, the strategy didn't work because I encountered "Mega Sellers". If you've ever dug a little into book sellers on Amazon, you'll find that there are a handful of sellers who each seem to have all but the most obscure used books stocked in their warehouses. They are the ones who have sold over 20,000 books on Amazon. But there's an easier way to identify a Mega Seller than their sales numbers, it's their pricing. Every single book that I wanted to sell is stocked by them, and they are all priced at £0.01. That's right, a penny!
We donate overstock inventory to nonprofit agencies around the world and strive to recycle what we can't donate. You may bring your merchandise to sell to any of our Neighborhood Stores (excludes Outlet locations). We are not able to make estimates or offers from a list; buyers must see the actual items. If you have any questions about merchandise you want to sell, please use the form at the bottom of this page.
If you're okay with receiving gift cards instead of cash for your books, Amazon has an excellent book buyback program. They advertise that they pay up to 80% of the value of a book, and that could prove to be significantly more than what book re-sellers are currently paying. With all the things that Amazon sells, a gift card is almost as good as cash. It won't put gas in your car or pay your bills, but it'll buy just about anything else you need.
Of course, there are plenty of other ways to go about this: you may want to do the KonMari method, you may just go for a good ol’ spring cleaning. You may need to recite some of Alice’s helpful mantras to yourself. However you do it, you will hopefully be left with large stacks of books to dispose of. You could give them away or donate them, which is quite noble, but it is always nice to be able to get a little money back from everything you’ve paid out to your bookshelves.