How to Make Money Selling Books-6 Main Tips

Selling books can be turned into a significant source of income once you start using the right tips. Books have lots of value in them and certain books can have more reselling value than others.

The 6 main tips to use include:

Utilize Helpful Resources

Go To Best Stores

Focus on 4 Kinds of Books

Understand All Costs Involved With Selling

Sell Mostly Through Big Sellers

Sell to Local Book Buying Bookstores

Selling books is definitely a no brainer if you have extra books that you are trying to get rid of. Using these tips can help you make some money selling books and potentially earn consistent money.

Through this post I will show you useful information on how to make money selling books when you utilize key resources.

Stack of Books
Utilize Helpful Resources

Utilize Helpful Resources

Utilizing helpful resources is going to give you a much better chance of making money from your books. Certain resources will help you efficiently and effectively know how valuable a book is right now.

BookFinder.com

BookScouter.com

Both of these resources will help you quickly find out whether the book you are looking at is worth reselling. Using BookFinder.com seems to be easier to use and more knowledgeable for finding books.

Using the ISBN or International Standard Book Number is key to understand the value of your book. This number can be found on the copyright page of the book and should be the same as the bar code number on the back of the book’s cover.

Enter this ISBN number on Bookfinder.com and it will give you the details about what this book is currently selling for right now. The selling value of each book can change for a variety of reasons and sometimes it can be more valuable due to higher demand.

Go To Best Stores

Library book sales, GoodWill and Thrift stores are the best stores to go to find books that can be bought and then sold for a great profit. But it can take some time to find the right books and learn how to make money doing this.

Library book sales and thrift stores tend to have books that have been donated or given away. Because these books were likely given away they could be surprisingly valuable and you could stumble upon something quite nice.

I have seen some nicer books within both of these locations and they had potential to be resold. Take your time exploring these stores the next time that you go here for a shopping trip.

Going to GoodWill and Thrift stores can help you save money on more than books and you should check out these resources regularly. Going through the books here and scanning the ISBN for each book can quickly inform you whether you could turn it around for a profit.

Focus on 4 Main Books

Focus on finding and selling certain books because these are more likely to be sold for some money. There are tons of books out there but only certain kinds are going to be worth reselling.

Focus on 4 kinds of books to make money including:

  1. Textbooks
  2. Modern First Editions
  3. Out of Print Used Books
  4. Collectibles and Antiques

Textbooks have a big money making potential if you can find the best resources to get these books. If you are in a college town, then you will be more likely to find used textbooks here that can be resold for more money.

I have been able to sell most of my used textbooks in college for some money.

Modern First editions have a lot of value and are usually from the last 35 years. These books are not quite old enough to be collectibles but they can be bigger money making books if you can find them.

All of these books are sell able through Amazon and other big sellers. The more serious you get at studying these books, the more likely you will be to find valuable books.

If you are interested in trying to sell books full time, check out TexTrader. This resource is designed to give you the most up to date information about how to sell books efficiently and effectively.

Understand All Costs Involved With Selling

While the reselling value of a used book can be higher it is important to know what the shipping costs will be with each book. There is a $4 shipping cost when shipping through Amazon, which can significant cut into your profits if you have to pay this fee. The main fees included when selling through Amazon include:

Standard Shipping Fee = $3.99

Closing Fee = $0.45-$1.35

Item’s Price = 15% of Book’s Value

Other sellers might not charge these same fees but Amazon usually has competitive prices.

Sometimes you can ask the buyer of your book to pay this fee which can help save you some money. There can also be a closing fee with Amazon and other big sellers, which ranges from $0.45 to $1.35 per item bought. Books usually have a 15% fee for each book.

Understanding the costs connected with selling can help you know how much you can realistically make.

Sell Mostly Through Big Sellers

Selling through the big sellers including Amazon and Powell’s could lead to lots more money potential than the smaller venues. The bigger sellers will charge some fees for using their services but will give you the most opportunities to make some money.

If you want to sell a lot of books or sell consistently, use Amazon or Powell’s in Oregon because they have the best rates for selling.

Powell’s is an independent book seller in Portland Oregon with multiple stores in the Portland area. Powell’s provides great options for selling used books and finding used books for a reasonable price.

You can quickly visit the Powell’s website and check out how much they will pay you to buy a used book. Enter the ISBN number in the Sell Books section and you will get an offer right away. You can check out how valuable your books are easily.

Powell’s will pay you through PayPal or through their virtual currency. They will give you more money through the Powell’s virtual currency program or you can get a lesser amount via PayPal. An example would be them offering you $6.00 in virtual currency or $4.00 in PayPal.

Amazon has two selling plans when selling through them including a professional plan or individual plan. The professional plan has a $39.99 subscription fee per month whereas the individual plan has no monthly subscription fee.

There are per item selling fees which I listed above that the professional and individual both have to pay. The professional plan will allow you to get reduced prices per item which could potentially mean more money if you sell enough books per month.

Check out the Amazon selling page in order to learn all the details about selling on Amazon. If you plan on selling less than 40 items per month, than the individual plan is probably the best option for you.

If you are interested in how to save money on college books, read How To Save Money on College Books.

Bookstore
Sell to Local Book Buying Bookstores

Sell to Local Book Buying Bookstores

Selling to local bookstores that specialize in buying books could land you some extra money and keep you from having to ship these books. The majority of your books need to be sold through the big sellers to make good profit.

But some other books you have might have a better chance at being bought at these local stores. These local bookstores will make sense to use if you already have books that you are trying to get rid of for some profit.

I have had many books during college that I was able to sell at these local bookstores to get some money back. These stores tend to specialize in the more valuable and more in demand books.

Sell Part Time or Full Time

There are tons of ways to make money from used books and you simply need to find the right resources to sell to. Whether you want to sell books one time, part or full time there are opportunities to go so if you are willing to put in the time.

Selling extra books you have lying around could be an easy way to pick up some money. Check out TexTrader if you want to get the most up to date information and tips about how you can make some money selling used books.

I hope that you liked this post and found some helpful tips on how to make money selling books.

If you have any questions, please leave them below and I will get back to you as soon as I can.

2 Replies to “How to Make Money Selling Books-6 Main Tips”

  1. I love this idea! I have a bookcase full of books, but I’ve always felt like I just can’t seem to part with them. I had never thought of going to the thrift store for the sole purpose of finding books to sell, though!

    I’ll definitely be checking out Bookfinder and Bookscouter ASAP, and thank you for giving me the heads up on the ISBN number, I would have just searched by titles, and I’m sure this is going to give me a much more accurate estimate.
    Super useful information here, mate. Thanks!

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