Sunday, December 4, 2011

Sell Books on eBay and Amazon

This just happened to me, yes, this is a true story, but I just wanted to share it with you.

barnes and noble book

I have a bad back at the moment so I just logged into my local library to see if they had any books about treating a bad back. They had a few and this one was amongst them.

BARNES AND NOBLE

'Shoulder Arthrography' by Amy Beth Guildman. Well I got to admit that I have never heard of her or the book (no disrespect intended). Anyway I thought that rather than borrow it from the library that I would buy one instead.

So I logged on to Amazon and entered the title and Authors name in, and the book new is .11 and they also have six used versions in stock the cheapest is .89 and the dearest is 4 (So I am going to get mine from the library).

But guess what? Our local libraries have a sale once a month of books and they really don't have a clue what they are worth, and they don't seem to care either because the sale is held by volunteers just to raise money for the library.

So the thought came to mind that one of the easiest topics for any one hoping to get started at selling online would be to sell books on eBay and Amazon, I have sold many over the years so just maybe this category might appeal to you also.

Just as an afterthought I should like to add this;

I went to Barnes and Nobles on Sunday (I love that store, nice cup of coffee and a cake) anyway in the entrance (or exit? Call it what you will) they had some Classic books, you know the kind of thing, Moby Dick, Wuthering Heights, A Tale of Two Cities, that sort of stuff, and they were each. Now admittedly they were well presented and nicely bound, but, they are totally worthless.

They are all out of copyright, there are millions of them on the market, and I could print some and sell them myself if I wanted to (and if I knew how to do it).

So you may be asking "what has this got to do with me making money?" a good question, so I will tell you....

Everything!!

Timing is everything.....

People are buying now,... because the 'trends' season is over, Thanksgiving is long gone and so is Christmas, summer is still on the horizon.

Garage sales, thrift shops, and countless other outlets are very active in the early spring and summer months and books both for sale and to sell are everywhere..

Selling books is a business that you have complete control over, there is very little competition when it comes to selling used books, believe me, this is nothing like selling new books. You have complete control;

There are never any suppliers or deliveries to worry about There are never any breakages (easy to pack) You trade only with people who want what you have Very good profit margins (you set them) Easy research (just check out Amazon, Borders, Barnes and Nobles) and of course eBays own completed listings site to see how many copies of that particular book have been sold in the last 14 days and for how much.

Everyone has books in their home, this is a very respected business to be in and you can buy and sell the products almost anywhere in the world.

It can be very difficult to buy new products and then sell them on eBay for a 200% markup but in fact this is what you need to do if you want to sell on eBay at a decent profit. If you buy a product for two dollars and sell it for four dollars by the time that you have paid eBay you will have very little if anything left, but if you can sell it for six dollars then you will have about four dollars left after you pay eBay (your original two dollars plus profit) that's about a 100% profit.

That is just an example to give you a sense of perspective.

Also bear in mind that about 50% of the items submitted for sale on eBay do not sell the first time, so they have to be re-submitted, but for once with eBays new policy coming into effect in July this may work to the advantage of the sellers.

Sell Books on eBay and Amazon

BARNES AND NOBLE

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