If you’re interested in earning some extra cash by reselling secondhand items, read this post to discover how to sell them.
There are plenty of second-hand bookshops where you can buy cheap used textbooks and sell them for a profit.
From a professional perspective, you can also do the same thing by buying new textbooks at a lower price and selling them for a higher one.
Here are the 10 Steps to Earn Money Selling Used Books
If you want to start selling textbooks online, here are some important things you need to know.
1. Decide on What Types of Books to Sell?
Before setting up an online book-selling business, you need to decide which type of book you want to sell. There are four different kinds of books that are in high demand during any given time period. These are the ones listed below:
- Textbooks
- Modern First Edition Books
- Books out of print or not easily available online
- Antique Books
Choose the categories that suit you best. If you’re just starting out, choose one category first and add others later.
Read: Profitable Book-Related Business Ideas
3. Find Sources for Buying Used Books
Next, look for reliable sources of books. You could get them from family members, thrift shops, Craigslist, and online booksellers.
4. Check the Condition of the Book
Before buying used books, be sure to look at them carefully. Most buyback sites don’t want books that are severely damaged.
5. Give Importance in Packing
Make sure to pack your book collection carefully. Many buyback companies will provide you with a prepaid shipping box, but you’re responsible for packing them yourself. If they get damaged during transit, you may be stuck footing the bill.
6. Payment Process
It’s best not to accept payments through PayPal unless you’re willing to pay for their processing fee.
7. Research the Demand
It’s easy to see why so many people use these apps. They offer an extremely high return on investment.
It helps you get instant feedback regarding the book’s value, its current ranking, etc.
8. Fix Proper Pricing
There are lots of websites that sell used books at different prices. Some sites may buy a book for less than one dollar whereas others may pay up to twenty dollars.
It’s definitely worth taking a look at different bookstores before buying from them.
9. Where to Sell Used Books
If you’re interested in selling books online, then you may want to sign up for an eBay store, create a listing at one of these sites (HalfPriceBooks, AbeBooks, and Amazon), or become a member of the Independent Author Network.
Below is the list of top 12 sites where you can buy used books for cash.
- Amazon.com
- Bookscouter.com
- Ebay.com
- Sellbackyourbook.com
- Bookstore.com
- Abebooks.com
- Half.com
- ECampus.com
- Campusbookrentals.com
- Cash4Books.net
- Chegg.com
- Textbookrush.com
Professional sellers on eBay get paid $25 per month plus transaction costs, and on Amazon, they can earn up to $40 per month plus transaction costs by selling as a business. Individuals on eBay get paid $5 per month plus transaction costs and individuals on Amazon can earn up to $1.49 per sale plus transaction costs.
There are several options for selling items online. One of them is eBay, where you could potentially earn some extra income by offering up your old stuff for sale.
You can also set up an Etsy shop, which allows you to list items for sale at no cost. Finally, if you’re into vintage goods, you might want to consider opening an eBay account and setting up a store there.
If you’re looking for older used books, vintage goods on Etsy must be at most 20 years old.
Recommended read: How to start a book review blog and make money.
10. Be Patient
To succeed at the sale of secondhand books, be patient and commit yourself to thorough research into the market for secondhand books. There are lots of people who are making good money by reselling secondhand books.
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