June 17, 2011 | In: Articles

Online Book Business

Several internet sites and brick-and-mortar bookstores that encourage customer to purchase books online also facilitate in selling books. You could establish your own buy and sell books online for an extra income. However, there are several things that you should consider if you want to do a business selling and buying books on the web.

Consider becoming a generalist book seller because competition is hard in the book selling business, so make sure that you are able to sell what is in demand. Invest money and time in making up the right inventory. Be resourceful when it comes to buying books. You can get books from garage sales, bookstore sales, charity stores, closing down sales, flea markets, personal newspaper ads, thrift stores and book auctions. Make it a point to periodically check out eBay for book auctions for great bargains. It is of vital importance to price your books right. You do not want to make very little or nothing for all your work. Find out what other sellers are charging for the same books and start listing the expenses involved. Begin with the price you paid for the book and consider listing fees, site sales commission, freight costs and others.

Make sure to list your books on popular sites like Amazon or eBay for quick sales. Some sites offer free book listings. Do not limit yourself to only two sites; try to list your books to as many sites as possible. When you buy and sell books online, always be accurate and honest when describing your books when listing them. This helps to build credibility and customer loyalty.

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