How To Locate Used Books To Sell On The Internet

Where to Find Used Books to Sell Online
By Craig Wallin

If you appreciate books and have always wanted to get paid for buying and reselling used books online, think about starting an online book shop. Thanks to Amazon.com and other online marketplaces for new and used books, it no longer takes thousands of dollars, a local store and thousands of books to get into the game.

There are thousands of part-time booksellers that have carved out a successful niche for themselves in the online bookseller's world, specializing in areas like old comics, collectible books, even romance paperback novels.

If you've purchased a book at Amazon.com recently, you've undoubtedly noted all the used mass-market paperbacks, like John Grisham novels, selling for a penny or so, and wondered how anyone could make a living at those prices. The short answer is they can't! But for every penny book, there are many used books listed - and yielding $ 5, $ 10 or $ 20. These tend to be "evergreen" books that remain popular because they cover ageless material, such as how to renovate a VW beetle or finish concrete or invest in bonds.

Another factor driving the profits of online used booksellers is the higher price of new books. When a new book costs $ 29.95 and you can find a lightly used copy for $ 10 or $ 15, what do you do? If you're like most, you go for the bargain. The sorry state of the overall economy over the last few year has only made it easier, not harder, to sell used books online, as more folks welcome a bargain price.

Today, the field of online book selling is booming as brick and mortar stores fall victim to the double whammy of high expenses and online competition. To prosper as an online book seller, all you need to do is find popular books at a low price and sell them online, while balancing your desire for incredible profits with the online shopper's desire for incredible bargains!

Most beginning online booksellers should focus on newer used books, those produced in the last two or three decades, instead of collectible and vintage books. Newer books are much easier to find, affordable to buy and easier to sell in no time. When you turn over your inventory quickly, you free up money and space for more books. After you've been selling for a while, you may want to explore the fascinating world of vintage books, but that niche requires more knowledge, capital and patience, because of slower turnover.

To succeed as an online bookseller, you must be able to find new inventory regularly. The good news is - used books are all over the place, if you know where to scout. Here are a few of the best locations to start looking:

1. Library sales. These periodic sales are held by almost every town library in the country, and can be a great source for online re-sellers to find prizes at bargain prices. You'll find ex-library books and books donated by supporters.

2. Garage and Yard sales. These are often a great way to find books for your inventory. As with any items you find at a garage or moving sale, never hesitate to make an offer. Like the old Yiddish saying - "If you don't ask, you don't get." The offer likely to get accepted is for a lot of 6-30 books at half the price. Another technique used by smart resellers is to stop back on the second day and offer to haul away unsold books for free.

3. Thrift shops. Skip the Goodwill and Salvation Army thrift stores, as they have started listing their own donated books online when prices warrant it. The greatest sources are the little thrift shops that support local churches, hospitals and other worthy causes. Most are only open a day or two a week. One in my area specializes in clothing, so the donated books were simply being thrown in a dumpster! You may find a similar bonanza in your town.

4. Bookstores. Visit all the book stores in your area for good deals, as there can be a wide gap between their used book prices and what the same book can bring on Amazon. I often find how-to books priced at $ 2 - $ 5 at bookstores that bring $ 10 - $ 25 when sold on Amazon.

5. Other online book sellers. Remarkable as it may seem, you can often find bargains at online sources like half.com. I checked their web site today and found thousands of books listed for under a dollar.

6. Estate sales. For a source of bargain books, an estate sale is hard to beat. Often a deceased book lover's life long collection of books will be available. Since heirs and estate auctioneers are not used to pricing individual books, prices can reflect that lack of knowledge. I've found leather-bound limited-editions passed down for two or three generations, rare art books and even rare magazines and collectible comics.

You'll find estate sale notices in your local newspaper, but your best bet is an online web site, estatesales.org, which lists sales and auctions nationwide by state and town. Make sure to leave your business card with the estate liquidator at any sales or auctions you attend, as they often need to dispose of book lots that are too small for a formal sale or auction.

7. Free classified advertising. A free classified advertisement on craigslist.org or backpage.com can create a steady stream of used book bargains, usually before the public discovers them at a garage or estate sale. Two headlines that work well are: I BUY USED BOOKS and CASH PAID FOR BOOKS. Small classified ads also work well posted on community bulletin boards.

8. eBay. You'll often find bargains at eBay if you search for "book lots" in sizes ranging from 3 books to hundreds. A recent find was a collection of Raggedy Ann children's books that brought 10X their cost when sold individually on Amazon. Most retailers would love a 1,000 % markup!

As you can see, finding plenty of used books to sell online is easier if you know where and how to look. These tips will get you started if you're ready to join the ranks of thousands of other part-time online booksellers who earn a steady income working four or five hours a week. To learn more about this enjoyable but little-known business, read USED BOOKS INTO GOLD and OLD MAGAZINES INTO GOLD, available at: http://usedbookbusiness.com There, you'll also find a free mini-course about how to buy and sell used books online.

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, including USED BOOKS INTO GOLD AND OLD MAGAZINES INTO GOLD. To learn more about selling books online, visit: http://usedbookbusiness.com There, you'll also find a free mini-course about starting your own part-time online book selling business.

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