Drawing the attention of book lovers! Do you have a passion for reading and the ability to find many things?
If so, book reselling could be a profitable side hustle for you!
With the rise of online marketplaces and the growing demand for used books, book reselling has become an increasingly popular way to make extra money.
Today, I’m going into more detail on this if you want to get started. So whether you’re a seasoned book collector or a newbie who never reads and just wants to make some extra cash, this post is for you.
Types of books to resell
You can’t just buy any used book and expect to make money. It is best to look for high-demand books such as bestsellers, rare books, first editions, textbooks, or special topics.
Such books are more likely to sell quickly and at high prices.
Where to find books to resell
You can find used books practically anywhere! The best places to check are garage sales, thrift stores, library sales, or even online marketplaces like eBay, Amazon, Craigslist, used bookstores, flea markets, and estate sales.
Determining the price of a used book
Determining the value of a used book is something you will get better at as you go along. But factors to check when determining the value of a used book include condition, rarity, demand, and specific editions. Some editions of the book are much rarer than others.
Researching the value of a book online is also quite easy. You can see the prices of similar books sold on various online marketplaces and price your book competitively.
If you’re really unsure and think you have something special, be sure to consult a book appraiser or bookseller before setting your price.
Where to sell your used books
There are plenty of options for places to sell your used books.
You can sell them on online marketplaces like Amazon, eBay or AbeBooks
Another idea is to create your own website or social media account to sell your book! However, it can take time to establish an online presence, so your best bet may be to stick with online marketplaces in the beginning.
How Much Money Can You Make Selling Used Books?
The amount of money you can make selling used books depends on the type of book you sell, demand and price.
That said, with some research and effort, book reselling can be a very profitable side! Over time you will learn what books to look for and what you can create for certain types of books.
Many make a nice side income doing this.
There is competition in the book-reselling world. Many other sellers who know what they are doing are also trying to “flip” used books.
If you want to jump into this direction as someone who already “knows” so that you don’t waste a lot of time with trial and error and basically get over the learning curve that other newbies will struggle with, you might want to consider purchasing Niche Book Love Guide So you are armed with the right information in advance.
A Guide to Niche Book Profits The Selling Family by Jessica LaRue. I’ve known Jessica for several years now and interviewed her here on the blog about her successful Amazon FBA business she started from home.
Jessica has a lot of experience in the world of book reselling, and this guide gives you all her valuable insights to keep you one step ahead — sourcing the right books, saving you both time and money.
When you dedicate and find the right books, they often sell for 20x or maybe 50x what you paid for them.
Also, you will learn:
- He focuses on the right niches to score maximum sales
- Tons and tons of examples from niches that have been sold for wild profit
- Top places you can source for used niche books
- How he determines the price for books based on their Amazon price
- Here’s what you need to know about Rank and why it’s different from other categories on Amazon
- How to rate your book so that your customers are always pleasantly surprised
- Tools you can use to make book buying/processing smoother than ever
- Exactly how to price your books so they sell quickly and competitively
- And much more!
Go here to buy the guide If you want to start your book reselling side hustle and learn the tricks of the trade before going on your first book scouting mission!
Good luck to you!