I'm sure you've been there before. You have a ton of books in great condition, but they do not have enough value to sell on Amazon FBA or MF. So, what are you to do? Donate them? Sell them on Craigslist or eBay?
Here’s a way that I’ve been able to make a decent profit on those “worthless” books.
I take them to a local used bookstore that offers trade-in credit for used books. Then I use that store credit to buy books in that store that have Amazon value.
Here’s what I did last weekend.
I rounded up four bins of books. I made sure these were not junk books. These books were in very good condition, but unfortunately did not have enough Amazon value to sell.
I took them to a used bookstore. This particular store only allows you to trade in three bins of books per day. You must use their smaller bins as well. So, I did this in a two-day span.
The first day, they offered me $55.25 dollars in store credit. The second day, the offered me $55.80. So, that’s a total of $111.05 store credit. Or $61.75 in cash.
So, I scanned some of books in their store. Here are some of the winners:
Title: My Infamous Life
Purchase Price: $8.75
Low Used MF Price: $34.98
Low Used FBA Price: $69.82
Sales Rank: 1,115,745
Low Used MF Price: $42.39
Low Used FBA Price: $50.42
Sales Rank: 264,333
Purchase Price: $15.75
Low Used MF Price: $107.97
Low Used FBA Price: $103.98
Sales Rank: 629,753
Purchase Price: $4.19
Purchase Price: $17.98
Low Used MF Price: $91.35
Low Used FBA Price: $176.95
Sales Rank: $734,003
In conclusion, I ended up buying 24 books to resell on Amazon. With the trade-in credit, I saved over $110.
This is a great way to dispose of those penny books and get some value from them. This method can work very well for those of you get book donations or have access to very inexpensive books.
Some things to consider:
- You can take the cash option instead and save time scanning, but the trip will be less profitable.
- Ask them what types of books they don’t take, so you’re not wasting anyone’s time.
- Make sure the books are in very good condition or better. Most used bookstores are picky about condition.
This is my favorite way of cashing in on non-Amazon books. What’s your favorite way? I would love to hear.
Please leave a comment below if you have any questions as well.
Thanks for reading.