For many people reading books is a hobby, and there is no age restriction. Books provide an escape route to their reader irrespective of their ages. It is a fantastic fact that 9% of people prefer to read e-books, where 40.6% are those who purchase physical books.
It clearly shows, no matter how technology evolves, nothing can take the place of physical books. This demand shows that it could be the perfect business opportunity for you. It is a preeminent way because you can initiate it with less-investment.
Let’s learn more about this business, and we have shared some small tips that can boost your sale.
Ways to Earn Money from Second Hand Books
Earning money through this business is not a tough task. All you have to find the books and the buyer. Between these two, you have to perform some small jobs that you can read them below:
1. Start With a Small Investment
Booking a selling business is growing with time, but still, it is sensitive. For instance, you have purchased or accumulate too many books from distinct sources. You may fail to sell all of them, after that you may face loses.
To avoid such scenario, begin with a small investment. If you are running on a tight financial plan, then you can go for some borrowing options, like no guarantor loans for bad credit. It may be a flexible option because investors won’t provide you with little money to start a business.
While choosing borrowing methods, take your time and make sure you check your savings too. It will help you to stay away from excessive borrowing.
2. Be Truthful About the Books
Hiding things from the customer may ruin your business. You may sell the defective books without knowing them, but at the same time, you are losing a valuable customer. It is not a long term benefit, in future; you may face some negative consequences.
Share everything about the books and be honest about the condition. If the books have any defects mentioned below, share that with the buyer.
- Damage Corners
- Missing Page
- Highlighted portion
It will not build trust but boot the visitors too. No doubt, it can provide you with long term benefits.
3. Take Time to Wrap It Well
It is crucial to pack the book carefully. If the buyer finds it as a damaged book, then he can reject your book altogether. No matter it is a new book or an old one, you have to pack is appropriate. This small step can leave a positive impact on the customer.
If the buyer finds your services satisfying, then they can be your regular customer. There is one more mistake that most of the new entrepreneur did is “Pay to ship the books”. While delivery the books, you can include the shipping charges; otherwise, it will reduce your profit.
Note: Take pictures of every book because many time customer post fake feedback that he/she received a full damage book. But, with a photograph, you can show that they were in good condition.
4. Target the Places to Sell
There are no sub-categories in the book. If you want to sell the books of different genre, then you can, but for that, you have to fix the selling location. We have gathered a few places where selling books may be easy for you.
Local books shop: If you want to stay away from the pressure of packaging and preparing, then this method is for you. You can easily approach the near-by book store and sign a deal. But, in this, you may have to pay some charges to the shop-owner.
Online methods: You can sell your books through Amazon, e-bay and many other online platforms. The company through which you are getting customer will charge some amount; it maybe 15% to 20% of the original cost.
Small sales: You may fail to sell all the books with the help of the above methods. The best way to get rid of them is by conducting yard sales. You can sell them at lower prices or you can charity them to any school. It will help you to beat the space to take up in your house.
These are the most favourable methods to sell books. It does not require any extra money. All you have to wrap the book and deliver it to the customers.
The four ways mentioned-above will only work if you put consisting efforts to the bookselling. You can add your books too that you find it hard to carry them all the time. It will aid you to free up some space with earning extra money.
