Selling used books online is a great way to earn side income. Finding and selling used books can be a great way to supplement your income. It can also be a stepping stone to building a passive income towards earning $300 per day.
Selling used books online requires you to have a source of quality used books. There are several ways and places to source quality used books.
Sources for Quality Used Books
- Library Book sales – Most local libraries have book sales once or twice a year. The used book sales are a way for libraries to clear out some space in their racks of books that haven’t been checked out in a while. Often times you can pick up quality hard cover books, many of them out of print, for just $1 or $2 each. Often, on the last day of the book sale, in order to clear out space, libraries will often sell books by the bag-load for just a couple of dollars.
- Goodwill or Consignment Stores – Goodwill and other charity and consignment shops get lots of donations of books. Books can be found at Goodwill from less than $1 to a couple dollars each.
- Garage Sales, Yard Sales & Tag Sales – Whatever they’re called in your part of the country, garage sales can be a great source of lots of books for very little money. People that are selling books at garage sales are usually happy to give someone a great deal on the price if they are buying multiple books or the entire book collection.
Be sure to also check out flea markets and other places in your area that may sell used books.
Selling Used Books Online
There are different ways and places to sell used books online. There are booksellers that will buy some books from you outright for a fixed price. These include Cash4Books.net and Valore Books.
These websites ask you to put the books ISBN numbers or barcode numbers into an online form. The websites will then generate a quote for the books that they will purchase and what the prices will be. It helps to check more than one site for different books because they will offer different prices for the same or similar book titles.
Other places to sell used books online, where you become the retailer, include ebay.com, half.com, and Amazon.com. Each has it’s advantages and disadvantages. For example, selling books through Amazon.com will list your books on their site alongside the same title that they are selling as a product available from an alternative seller. Amazon also allows you to see prices that your book titles are selling for so that you can set your price accordingly. Oftentimes, out of print books can sell from a huge premium on Amazon.com.
There are many opportunities to make money reselling used books. Although more and more books are becoming available as e-books, there is a still a growing demand for traditional books. This is especially true for both college textbooks as well as any regular books that may be out of print.
The obvious places to sell books online is through the Amazon.com Marketplace, eBay, or the eBay company Half.com. While there is definitely some pros and cons to using these sites, the process for selling books, managing your book inventory and following the special shipping procedures required by Amazon and eBay adds extra work and effort and minimizes your profits and ability to turn items around quickly for a profit. There is also a lot of competition selling books through Amazon and eBay and in order to sell your book quickly you may have to drop your selling price to such a low price that you lose all potential profit.
Fortunately, there are a number of other websites that will purchase your books outright and even pay the shipping. Some of these websites only deal in college textbooks, others deal in traditional books as well.
Whether you buy your used books from your local library annual sale or from the bargain bins at your local Goodwill store, these three online merchants will provide you with the best prices and fastest turnaround times for you to get your cash in hand.
- Valore Books
To sell your books to Valore Books you will need to go on their site and enter the ISBN numbers of the books that you want to sell. If Valore Books is interested they will make an offer for your book. The turnaround time from when you get a price quote from Valore Books until the time you get paid can be a few weeks to a month, sometimes longer depending on the shipping times. Once Valore Books receives your shipment they evaluate the books that you send and will send your payment. Valore Books pays you with either a check or via PayPal.
- Book Scouter
Book Scouter is an aggregator for multiple book buying vendors and is one of the more popular book buyback websites that has been around for many years. Their process is similar to others. You first enter the ISBN numbers of the books that you would like to sell and they will present you with a list price quotes from various vendors for your books. You select an offer from a vendor and are taken to that vendors website to complete the sell back transaction. Book Scouter also has a smart phone app that allows you to quickly and easily scan the bar codes from the books that you want to sell.
Cash4Books promises fast cash for your used textbooks. From the Cash4Books website you can enter the ISBN numbers of the textbooks that you want to sell and they will give you an instant offer for what they will pay you for each of your textbooks. If you accept the offer from Cash4Books you can then print out a shipping label, put your textbooks in a box and schedule the shipment for pickup. Cash4Books will pay you either via PayPal or check, depending on your preference, after they have received and inspected your books. The Cash4Books process is simple and straight-forward. The average turnaround time from when you ship your books to Cash4Books to the time you receive your payment is typically 13 days. The turnaround time can vary depending on the shipping method that you use. Cash4Books also has a smartphone app that can be downloaded for easy ISBN scanning on the go.
While there are plenty of other sites that will buy back your used books and textbooks the top three represent the most seamless process, highest payouts and the fastest turnaround times.