How To Start an Online Used Book Business In Just a Week

Even a Dummy Can Make Money Selling Used Books Online

Used Books Into Gold

Getting into the used books business is easy and can become a nice extra income or a whole new career. Before you know it, you can be on your way to big profits and the great benefits of owning your own business. It doesn’t require a huge time commitment either. In fact, you can start an online used book business in just a week.

First you need to think of the legal structure of your business. Is it a sole proprietorship, partnership, limited liability company, or corporation? This decision will affect what risks and liabilities you have, and what taxes you’ll be expected to pay. Most sellers use either a sole proprietorship or limited liability company.

Next you need to start buying books. Estate sales and garages sales are a great place to find cheap books. In most cases, the people running these are eager to get rid of the books and will often take a flat payment for the entire collection. Library sales are another great place to find inexpensive books. And finally, consider looking into wholesalers. There are many great ones online, such as American Book Company and Great Jones Books. You might have to buy a minimum amount, $200 for instance, but you’ll be able to get great titles for $1 or $2, which can lead to great profits.

You’re also going to need a lot of shipping materials. In most cases a bubble envelope will work fine. These provide some protection for the book and are fairly cheap. If you might be shipping more expensive or fragile items, you might consider purchasing the Easy Fold Mailer from Uline.com. This is made of cardboard and can adjust to the thickness of the book.

Now you’re ready to begin selling. In most cases, Amazon.com is the best place to sell online. It gets lots of traffic and is fairly easy to use. In fact they do most of the business work for you. You simply list your books and ship them out. To start selling, find your book on the Amazon web site, click on the “sell yours here” button and you’re in business!

When thinking of your prices, go for the middle. Don’t feel like it needs to be the lowest price possible. A good way to decide your price is to look at the prices listed, discard the highest and lowest, and then average the rest. This could be your price.

When grading your books, be honest. Your customers want to feel like they’re getting what was promised to them. A book with some wear on the spine is not “new.” Keep it honest.

If you price and grade your books reasonably and honestly, and ship them quickly and in the right materials, you’ll be in business for a long time. And don’t forget about all those great profits that will be coming your way. Sounds pretty good! To get started, read Used Books Into Gold.

 

 

Facebooktwittergoogle_plusredditpinterestlinkedinmail