Some of the sales are shown in the screenshot above. Like many of us, it took only one chance encounter with a used book to get Peter hooked:. If you choose the right book, does that mean you might get a 5 star review on the book. Hey Sue!
What Expertise is Needed to Become a Book Seller?
There are several ways to publish your work online… and make money, too! But one service, in particular, has become the go-to resource for authors because of the profit potential and ease of use : Amazon self-publishing. Regardless of your experience level, Amazon has democratized the publishing business so anybody with an interest and desire to write and publish a book can do it. Anybody can use sel platform to get their work out into the world and into the hands of waiting audiences. According to Author Earnings, there were , ebooks sold on Amazon by 20, unique publishers. As the world’s largest online bookstore there’s an opportunity to get your book self-published on Amazon and reach your target audience regardless of your topic.
Best Amazon Seller Tool
In our recent post about becoming an Amazon FBA seller , it was brought to my attention how lucrative selling used books on Amazon — and elsewhere — can be. It’s also a great flexible gig for those looking to do something part-time or just on the weekends. Today we are focusing solely on that topic: how to sell used books for extra cash. And, we have two successful sellers stopping by to share their tips. Lori Schafer is an independent author who supplements her income buying and selling used books. She is a part-time seller.
Finding Books to Sell on Amazon
In our recent post about becoming an Amazon FBA sellerit was brought to my moneyy how lucrative selling used books on Amazon — and elsewhere — can be. It’s also a great flexible gig for those looking to do something part-time ln just on the weekends.
Today we are focusing solely on make money sell books on amazon topic: how to sell used books for extra cash. And, we have two successful sellers stopping by to share their tips.
Lori Schafer is an independent author who supplements her income buying and selling used books. She is a part-time seller. Lori provided the following as her motivation to become a bookseller:. They were all over the house, and I figured it made sense to start unloading some of those I had already read before I had to turn my kitchen into a library, too!
I didn’t start doing it seriously, however, until I made the leap to full-time author last year. I knew I wasn’t going to be making money for a while, and I liked the idea of having a part-time gig I could do on my own schedule. Peter Valley, on the other hand, is a professional book flipper. He has written two books on the subject and is also the owner of the popular blog FBA Mastery.
Like many of us, it took only one chance encounter with a used book to get Peter hooked:. The margins are addictive. A variety of paid apps allow booksellers to scan a barcode with their phone’s camera or a Bluetooth barcode scanner and get instant results as to the book’s value, sales rank, and.
So while it helps to have a knowledge of books, a new seller can defer completely to boojs data on their scanning app when making a buying decision. Had I made the switch to Amazon, for example, I would have been starting with no rating and no reputation. I did look into it, though, because creating and managing listings on Amazon is much easier than on eBay, where it’s quite time-consuming.
But when I examined the Amazon fee schedule, I discovered that their fees were much, much higher, at least if you’re not a high-volume seller. Most used books are not worth very much money, and, in many cases, to be competitive on Amazon I would have had to reduce my profit margins to pennies.
Maybe I could compensate for that amazpn selling more volume with the time I would save, but then I’d be faced with the problem of storage — not to mention the o of locating an individual title once I did sell it. Peter, on the other hand, believes Amazon is where the big money is at. 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. Both of our sellers zmazon happy to share their favorite places to shop. Often the prices are deeply discounted on the last day of the sale, and you can acquire a large number of books for not very much money — plus you can feel good about supporting the library.
I also routinely check Craigslist, where people often sell books low-cost or give them away. You have to be careful going that route. A few times I’ve gone out of my way to pick up a free lot, only to find that the books have been stored in the basement and are hopelessly moldy. A good library book sale can be among the most lucrative sources. The best sources are the oddball mak you weren’t looking for, like professors leaving thousands of books outside the Engineering building the last day of the semester.
When asked to share what new sellers should look for when scouting books. Fancy collector’s editions are generally worth the trouble of selling if you pay the right price for them, but most of the time, they aren’t worth what you might think. Unless ,ake know for a fact that a book is worth money, be extremely cautious about overpaying.
The same thing applies to first editions — I’ve acquired many firsts that only ended up being worth two or three dollars, so don’t let that fool you unless you’re familiar with a particular title.
Also, it’s ironic, but in general, you want to avoid bestsellers. There are so many copies in existence that the used book markets are often flooded with. I also tend to pick up books I’ve sold before — first, because I will already have a listing created, which saves me some time, and second, because I know it did sell, and believe me, there are plenty of books that don’t.
Finally, consider your marketplace and how you will be creating your listings. It takes me less time to list individual books in a series than it does totally separate titles, so I will tend to favor those when I’m buying in bulk.
I always ask interviewees for their favorite tools necessary for conducting business. You are in luck if interested in starting a book reselling business. Peter says you just need a smartphone and barcode scanner to get started. Lori keeps up to date on scheduled book sales at Booksalefinder. If this all sounds amazob way too much work to make a few bucks, I personally trade-in a lot of my old books and free books I run.
With the Amazon Trade-In Programthey will give you store credit in exchange for your used books. Who doesn’t love Amazon credit? They let you know upfront how much you will receive and they pay for the shipping. Jessica Larew from The Selling Family also has a great new course on selling niche books for big profits. The course is really inexpensive and easy to implement. Great article! I have been thinking of selling used books to supplement my writing. My dad used to be a seller of rare books and did well supplementing his retirement.
Thanks for all your wonderful info. Please tell me why Scanpower asks for my mlney card information in order to optain mkae app. As long as you can get tracking on it Paige, I would consider Media Mail for books. You always wanting tracking. Thanks for this information. I wonder how much space people need to store the books when they do this full-time as well as how they keep the books organized.
Comments Great article! Question: Make money sell books on amazon apps do you recommend to determine a books value? Thank you, Cheri.
Do you use media mail? How do you figure out the mark-up price of each book to sell? Most sellers use an app like ScanPower or Profit Bandit. We shared this post on Mom. Cookies This site uses cookies to enhance your user experience.
More Info Okay, thanks.
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How to Sell Books on Amazon — Jungle Scout
More Money Hacks
I sent a previous comment yesterday. Once you decide to sell books, the next step is to create a Seller Account. I will talk about it with people I know. I do not know what I am doing wrong. The journey continues by offering better support to the customers just to ensure that amazob are happy and satisfied with their purchases. But when I examined the Amazon fee schedule, I discovered that their fees were much, much higher, at least if you’re not a high-volume seller. It literally sells every little product. I boiks greatly appreciate make money sell books on amazon Do I need the software? My husband and I are doing our sel, before jumping in to the book maks online arena. Additionally, what are the fees I assume there are some for FBA? Now scroll down and find the «Sell on Amazon» button — it’s on the right of the screen, under all of the current for sale listings. Months passed. It can have markings or show signs of past usage. Keep your eyes on the Amazon fees big time. Meaning, on a pallet, where books are grouped into packages of 5 and shrinkwrapped?
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