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Sell Used Books on Amazon – It Isn’t a Get Rich Quick Scheme, but it is Very Profitable
I know there are all kinds of “legitimate” business opportunities available on the Internet. You can join an MLM in the “health” industry selling all kinds of pills, drugs, gadgets, etc. (buy it) and indeed some of them may be legitimate, but they all seem to want $500 – $2,000. ahead of you. They also tell you that the more you invest, the more you will sell your products to your friends, neighbors and family members. Yes, I’m sure the lady next door has knocked on her door and asked me if I’d be interested in losing 120 pounds before next summer. That’s probably not the best way to make friends, but it’s probably a good way to invite your husband to fight.
There are also many other “opportunities” that hope – or at least imply – that you can retire and make more than a brain surgeon as a copywriter, paying them $2,500 or more to participate in their writing. The course where they weed out the uneducated and loose the completed to find their own clients with a certificate of completion of the 8 x 10 course, but alas, there are no guarantees and they don’t give refunds.
Of course, you can always “get paid to take online surveys,” or “earn $500 a day” if you only pay $25 to learn how to profit from Google Click Bank, and is my personal favorite concept. Getting rich as a web affiliate. Never mind the concept of having a website with any content of value, all you need to do is become an affiliate.
I am not interested in selling you any kind of system, opportunity, franchise, or even online business opportunity. What I want to tell you is that you can make $5,000+ per month selling books online through ABE, Amazon.com, Alibris, Barnes and Noble, Half.com, eBay, etc., and you don’t have to pay anyone anything. To start! The opportunity already exists and I won’t charge you $500 to tell you about it, you can research and prove it yourself.
I personally started selling books online about five years ago and have never regretted getting into this business as I struggled until I got some help from my younger son, a very experienced online bookseller. My wife is Czech and every year we take a couple trip to the Czech Republic for vacation. Online bookselling business has provided supplemental income to make it affordable. During those five years, I trained many others who became successful online booksellers. I took great notes from both my experiences and the people I trained, and I wrote a book about it to help others avoid the costly mistakes made with the “teach it yourself” approach.
Don’t get me wrong; It takes time, patience and dedication to succeed. The first 300 or so books I bought to resell were about a quarter cord of expensive firewood. I was ready to give up after my son taught me how to find books worth meeting and reselling. Up until that point I was under the belief that if a book was very popular, old or classic, it would have a good resale value, so I was paying $1 to $3 for them and taking them home only to find they were valuable. $0.01 online. Frankly, I was teaching myself the expensive way and I wasn’t learning fast enough.
Once I figured out how to find resaleable books I thought I had it licked, but the post office had other “learning experiences” for me. Since I was selling a lot of books now, the post office felt it was time to teach me the importance of indestructible packaging – or the “20 story drop test standard.” It seemed to me that the post office was determined to separate every book I sent from the package I sent, so I began to establish a method of packaging that would please the postal workers so that they would not try to rip me out. Now to business. Believe it or not, I got some great packaging tips from a postal clerk when I took out my frustration. These I also documented in the form of photos and descriptions lest I forget how frustrating it is to send a book that only made me $50 profit to “run away” in transit. The worst part is that you’re not only out the $50 you thought you were making a profit, you’re out the cost of the book, you have to pay the customer back for the book and shipping, and this may seem like a small part, you are. Even out the packaging material.
At this point in “The Challenge to Succeed,” I was sure I was going to do it. My postal “escapes” were almost non-existent, I was buying good books for my list, and actually realizing a good monthly profit, but that wasn’t the end of my challenges. My local library—one of my best sources for catalogs—decided to go online itself, and I was facing an increasing number of competitors, so I had to learn to adapt to better technology to be more efficient in my book scouting adventures.
I’m telling you all this and poking fun at my experiences because I want you to understand that deciding to become an online bookseller is easy, but it doesn’t hurt to have good business knowledge, tools to succeed, and a little guidance. Also remember that making money is only part of being successful. You have to enjoy it and have fun doing it to be really successful. Being truly independent and having the flexibility to do as much as you want will definitely make the fun and the fun parts easier to achieve.
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