Knowing which books to offer on Amazon Listing Services can mean the difference between a good income stream and total failure. Here is what you need to know.
First, how do I sell books on Amazon Listing Service
Amazon Listing Services.com has a feature called Amazon Listing Service Marketplace. This service lets you sell your used books, CDs, DVDs, etc. just by listing their code number (ISBN number for books, etc.) Listings can literally be completed in a minute or less for each item you sell. It does take a few minutes to set up a selling account but there is no charge for doing so. In fact the only time you incur a charge is when something actually sells.
There is one small negative to this approach. It only works with products that have a code number. So if you have antique books or other items without a code number, you will need to set up an Amazon Listing Service shop. There is a monthly fee for setting up a shop but the fees that Amazon Listing Services charges are much less in this method of selling than the direct selling method in the prior paragraph. So if you become a volume seller it is probably worth the investment in getting an Amazon Listing Services shop as the investment will quickly be paid for by the savings in fees.
Second, decide your interest level (i.e. just list books or get a store)
The next step is to decide your interest level. It is going to be a casual thing or will you be treating it as a serious business.
Lets say you were just cleaning house and wanted to make a bit of money on some books or CDs you have. In this instance, it doesn't make sense to set up an amazon shop as you won't earn enough to justify the monthly investment in keeping your shop running. But lets say your passion was yard sales and bargain hunting and you knew that every week you could find and list hundreds of books, CDs, DVDs, etc. In this case getting an amazon shop would be a wise investment.
Basically amazon is structured to satisfy anyone's selling needs and they have a variety of simple tools that will help you achieve your selling goals in a quick, cost effective and efficient manner.
Third, these are the types of books you should not be selling
Selling used books is not an obvious thing to do. Common sense would say that bestsellers are the best kind of book to offer because they have sold millions of copies. But it is their very popularity that makes them poor books to sell. If you do a search on amazon for a bestseller, you will find that many people are selling their used copies, many times for under $1.00. With millions of copies out there, the market is glutted. This is true for any type of bestseller - fiction or nonfiction. Other books types you want to avoid are biographies, cookbooks and political books. And of course books like encyclopedias, readers digest condensed books, dictionaries, etc. are also terrible for resale. Oh, and also avoid old library books. There is nothing wrong with them per se but they will be slow sellers because of the markings the library puts on the books.
The only exception to this rule would be signed first editions. If you find a signed first edition, it will retain value and possibly be worth more than the published price depending on who the author is.
Books you should be looking for are books about specific nonfiction. subjects. (In other words, avoid all fiction books.) For instance, books about cars, boats, playing tennis, collecting coins, herbal medicine, business (as long as they are not best sellers), real estate, gardening, etc. are all excellent books and have a very high prospect of selling for a very high price when compared to a bestseller. I will typically get 50-75% of the cover price selling these types of books on amazon.com.
One other thing to note when choosing books to sell. Try to find books that are in perfect or near perfect condition. These books will have their dust jacket if hard cover. The spine will not be broken. They will not be filled with writing. People know they are buying used books when buying from you but they want a book that is nice and presentable, not one that is falling apart.
Where can you find used books for sale?
Used books are everywhere but your goal is to get them as cheaply as possible - preferably for $1 or less. Places I regularly check include yard sales, flea markets, thrift shops and libraries. Libraries often have used books donated to them that they just put right on the sales table. I think the people who donate them think they will end up on the shelves of the library but they never do. Estate sales and auctions can also provide opportunities to buy books. And keep your eyes open. You never know when you might run into a buying opportunity.
Will all the books sell?
No matter how carefully you pick your books, you will end up with some that just don't sell or are just very slow in selling. This is normal. Chances are good that the book will eventually sell but it could take several months. And if you purchase your used books cheaply enough, the carrying cost of the books that sell will be small. I find that if I list a random selection of 100 books, about 25% of them will sell each month. That means that after 4-5 months, I can pretty much assume that all the books that will sell have actually sold and I may be left with 5-10 books that for whatever reason had no buyers.
At that point, I make one of two choices. I either lower the offering price on amazon to try to attract a buyer or "trade" the book for something more desirable.
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