How To Make Profit From Used Books

I've been wanting to write about this subject, about profiting from used books, for ages ago simply because I have tons of them stack on the shelf collecting dust!

Some of those were books that I've grown my interest in but after some time, I totally move to another "interest". And it goes on, and on, and on ad infinitum.

So, I was thinking, "What could I do with all these books?"

I thought, "I can donate them." That's one idea.

"I can use them as an incentive for buying from me." That's another.

Or I can sell them off, and make some profits.

The last idea sounds really nice!

And here I am, trying to figure out how to make this work. As usual, if I want to implement something, I would like to map it out as a reference in the future and to improve if I need to repeat the process.

I also believe when the expert says, the best way to learn is to teach others, well, in this case, to share it with others.

Let's go!

Used Books Profit

Some books are more profitable than others, but you should know how to choose books from the abundance of options available to you. 

If you want to sell your books profitably, you want quality over quantity, especially in terms of price, quality, and quantity of books.

You can't just buy all the books you have in your hand and hope that the buyers will find one at a higher price.

Sell On Amazon  

If you have become an Amazon seller, you may have drawn my attention to how lucrative selling used books can be on Amazon and elsewhere.

If you are interested in a second-hand book store, you should sign up for a professional seller account with AbeBooks or Amazon.

If you are serious about selling books as a business, you can use this software to manage different marketplaces and sales channels. There are many places where your books can be listed and sold online, but the number is unlimited. 

You can list your books individually for 99 cents or sell them on Amazon as pros for $39.99 a month (plus fee). If you have old books to sell, especially on eBay, open an Etsy store and pay for everything in one place.

Etsy Store

Liz McCrory, from Houston, says she bought books from Etsy when she searched for first- and second-edition paperbacks and found them. 

Using Etsy to sell used books takes more time than Amazon, but it's worth thinking about if you're selling rare books that are also in excellent condition.

For people who have a place full of titles, they're trying to sell, or for those trying to sell novels on the shelf, Etsy is a good option. 

Most Amazon and eBay sellers selling new goods generate a 30% profit margin, and you will learn how to buy and sell books that can be marked up to $500 or more.

BookScouter

There are 30,000 used bookstores in America alone, and BookScouter aggregates the prices of more than 30 vendors. 

Find out if you can sell more textbooks on the platform and find out which books you can sell. If you want to increase your revenue with Book Scouter, you need to find more than just the books you sell on Amazon, eBay, or other online sellers.

One way to make sure you make the most profit is to use BookScouter to research the ISBN and see the ongoing rate for each book before you buy it.

This will tell you exactly which books to buy, based on price, sales rank, and demand. You can then deduct your purchase price from the offer price to determine your profit.

Make an offer for a whole box or collection of books instead of just buying individual ones, and make offers for whole boxes or book collections. 

This is where you can make the most money, but there are other options for people who like to travel, such as travel bloggers. Amazon and FBA get a lot of interest from people who are interested in travel books and travel guides.

One of the most difficult problems that Amazon sellers and others have today is finding goods that they can sell profitably. Selling used books on Amazon, eBay and the internet is one of those easy-to-setup online businesses.

If you offer a flat rate for everything, you will get a much lower price per unit, and there is a chance that the seller will be happy to take the chance to get rid of many of them. 

If you choose to make the shipping free, you will be deprived of the bulk of the cost, but it is worth it if you sell several books that cost your seller more than the delivery.

Craigslist and Facebook

Look at Craigslist and Facebook marketplaces and always look for someone who wants to unload books for free.

Lori Schäfer is an independent author who supplements her income from the sale of used books with a full-time job as a graphic artist and freelance author.

"Today, I focus exclusively on selling used books for extra money, but there is also something for those looking for something to do part-time or just at the weekend," said Lori. 

Useful books are easy to obtain at reasonable prices and you can also have a good idea of what you can sell. Look at used bookshops, used bookshops, and even online shops to pick up used books. Once you are ready to market used books, you must be ready to market them.