With each of these options you’re going to have to buy in bulk, so you’ll need a large budget. Publishers: Some publishers may be willing to sell their books directly to you, but they only sell in extremely high quantities. You may be able to purchase books from distributors but their prices are usually higher than wholesalers. Use Research Tools to Identify Profitable Booksĭistributors: Distributors help publishers get their books sold. That being said, if you have the financial resources then it may be worth it trying to sell new books since your sales margins will usually be higher. Also, you’ll face a lot less competition since Amazon sells most new books that come out. While they’re not as in demand as new books, if you find some good deals you can still make a lot of money selling used copies.įor the majority of sellers, selling used books will be a lot easier. You can find them in many places online and in your local area. Used Books: Most independent sellers choose to sell used books, simply because they’re so easy to acquire. You’ll need to purchase from wholesalers, distributors, and publishers, which requires you to buy in large quantities. However, acquiring brand new books can be difficult. New Books: These will have higher demand since most people prefer to buy books new. The first question you’ll need to ask yourself is whether you’re going to sell new or second-hand books. It’s clear that in this day and age when most people want books they turn to Amazon. The company has over 50% of the print book market and three-quarters of the ebook market, with more and more people signing up for Prime memberships every day. But if you follow the tips and strategies in this guide you can definitely build a business selling books.Īnd if you’re going to sell books anywhere, Amazon is the place to do it.
Like any product you plan to sell, you’ll need to do your research in order to find the books that have the highest demand. Now, that doesn’t mean every book is profitable. It’s possible to buy a book for a few dollars and sell it for ten times that amount or more. This is because the profit margins can be really good.
The internet is filled with stories with people selling books on the side for extra cash, or even turning it into a full-time career. Before we get started, you’re probably wondering whether you can actually make money selling books.
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