If you are new to selling books online or thinking about getting into this profitable home based business you may be wondering why should you?  There are so many different things to do to try to make money online.  Selling books on online is an easy choice if you love books.  Most of the other booksellers I have met are passionate readers and simply enjoy being around books.  If you meet this criteria then what are some of the other benefits of selling books online. 

 

Here are my top five reasons why I sell books online:

 

·    Online bookselling is a scalable business – you can start small with simply using books you already own.   There are very few start-up costs and not too much overhead once you get started.

·    Easy access to a worldwide market – Selling used books on Amazon is easy – simply enter the title of your book and some other info and you book is for sale.  Plus you can sell books on eBay, alibris, abebooks and many other markets.  I have shipped books to many countries.

·   High Profit Margins – margins of 200% to 1000% are common.  I have bought many a different book for $1 and sold it for anywhere from $5 to $300.

·    Easy to find inventory – finding books to sell is the key to this business.  Where they get there books is every booksellers most closely guarded secret.

·    Easy to manage business.  There are so many resources out there for booksellers such as book scouting software, inventory management systems, postage and more

 

There are, of course, some drawbacks to selling books online which I will post about later.

Textbook Season Ending & Return Season Starting
There is almost never a case when I do not accept returns - most markets require you to accept them (see Amazon's A-Z policy). I keep my return policy simple. The only time I have not accepted a return is when a significant amount of time has passed between the purchase date and the return date or if the books condition is materially different from when I sold it (such as full of highlighting). Sometimes it is easy to lose sight of the customer experience when I run a business from home and do not interact with the customers. Continue reading
Amazon Charge When Shipped (Amazon CWS)
What does CWS mean for us booksellers? Not much. You will not have your account credited until you ship a book. If you use The Art of Books or a similar inventory management system Amazon should be automatically updated when the book is shipped. There are a couple of downsides to Amazon's Charge When Shipped - you do not get to send your own confirmation email to the buyer and the buyer can still leave feedback on a canceled order. Continue reading
Is the Amazon Kindle bad for Online Booksellers
Sales of the Kindle are one thing but it remains to be seen if people are actually going to adapt to using it as their primary way to read - as we have seen with Amazon recenlty deleting Orwell titles there are several issues with the Kindle that will effect its popularity. Continue reading
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