back close print make ibm4you your hame page

Wednesday 16 July 2008

How to Make Money Selling Books Online

Things You’ll Need:

  • Computer
  • Internet Connection
Step1
SEARCH AROUND HOME- Do you currently have any books that are unneeded or you would like to sell? Gather these books to start your trial run.
Step2
SET UP YOUR ACCOUNT- You will need to set up an account with an online book service such as half.com or amazon.com. I prefer half.com myself.
Step3
CHECK THE VALUE OF YOUR INVENTORY- After you have gathered your books from home together enter the isbn number for each of them on half.com. See what other's are selling that title for. For instance, you have the book 'The 7 Steps of a Highly Effective Person'; you enter the isbn number in the search area, all sellers with this book will appear. If too many sellers are in possession of this book then it's value will be very low. I'm talking a few cents. Then this book will not be a book worth selling. If however the lowest price you can find for the book is $6.99 for example, then the book is worth selling. Personally I never sell a book unless it has a value of at least $5.00-$10.00. This makes it worth your effort including shipping.
Step4
PLACE YOUR TITLES ONLINE- Next you will want to add your books of value to half.com's online inventory. Here is where you will price and rate the condition of your book. Be honest when rating the condition of your book. Half.com is apart of EBay and runs the same sort of rating system. If you receive negative feedback it will make it very hard to sell books.
Step5
PRICING- You will want to underbid your competitors. Try to price below the lowest bid on half.com. This will bring your book to the front page when anyone inquires on this particular title.
Step6
MORE PRICING- Be competitive. Use www.addall.com. This is a book listing service that lists all titles for sale online. It compares pricing from booksellers on amazon.com, half.com and others. Check addall.com to see who the lowest seller with your title is. Try to undersell this person. Make your title the most competitive in pricing.
Step7
REPLENISH YOUR INVENTORY- After you sell the books in your home, you will need others to continue with your home based business. Go to flea markets, second hand stores, and library sales and purchase books to resale on half.com. If you are really serious you can even purchase a hand-held isbn scanner for your cell phone, which will tell you in a quick moment the value of any book online, that you are considering purchasing.

0 comments: