Gearing up for Textbook Season

admin — Fri, 10 Jul 2009 16:56:24 +0000

We are less then a month away from one of the busiest times fo the year fro online booksellers. All the college kids are going back to school soon and looking to save money on books (for more beer maybe). If you have not alreay – now is the time to stock up on shipping supplies.

If you sell remainders (there are some that specialize in universtity presses) the text book season is when they move – so you could find some titles to buy in preparation for the school year. Try Great Jones for academic books – the margins on these are not great but if you can find a good title to buy in bulk in might be worth it.

Also – be prepared for lots of questions if your listings are not complete. Make sure you properly list what edition text book you are selling and if it has highlighting, underlining or margin notes – I make it the first thing in the item description. Do not sell international editions (or if you do be prepared to be banned by eBay and Amazon as it is against their terms).

Desperate for Book Inventory – eBay may have what you need

admin — Wed, 01 Jul 2009 20:27:09 +0000

Let me start by stating that eBay is a terrible place for booksellers to buy inventory (great for selling books though). BUT… if you are desperate there are potentially a few ways to get inventory on eBay.

Arbitrage – there are certain titles that regularly sell for hundreds of dollars (even $1,000’s) on eBay such as Margin of Safety by Seth Klarman. I have bought this title for a few hundred bucks and listed for $1050 and sold it at best offer for $900 a few times – making a decent profit after commissions. Plus it generally sells fast. This works if you have the cash to tie up in one book. There are likely dozens of more books that you can arbitrage if you do your homework.

Bulk Lots – Be very careful here. Do not buy books by the pound or anything like that. Don’t buy boxes (or gaylords) of books that are “unsorted” any decent bookseller could fill up one of these without sorting the books. You can find people selling their online inventory and closing up shop. These sellers will have spreadsheets of their inventory available for you to review – if they do not then take a pass.

You can have eBay send you emails of your favorite searches – I have them send me an email every time Margin of Safety comes up for sale.

There are also certain sellers who have pristine feedback that often have large (dozens of boxes) for sale and these lots really are “unsorted” but I do not like the randomness of it. You will have to do your homework here.

This is not going to be a long post because eBay just does not provide great opportunities for booksellers to find inventory – though if you slog through it you may come up with some winners.

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Gearing up for Textbook Season

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