Tuesday, November 23, 2010

How To Sell Books On Amazon

First, don't buy any ebooks that tell you how to sell on Amazon. That is because Amazon gives you an excellent primer on how to get started. You can find it right on their website here: Start Selling On Amazon

If you want to learn more, I have written three articles that can be of help over at ThrfityTimes.com.  You can access the first article here: Starting An Amazon Business

If you are interested in making a decent living at selling books you will need a good strategy to set up your business model.  Many individuals learn about ISBN book scanners and are awed at the ability to scan a book and instantly know its worth.

Book scanners are great devices, ones like they sell at asellertool.com (the one I use) and mediascouter.com as well as services that give instant price information on your cell phone are wonderful devices, but they do not constitute a business model.

Without any thought, individuals, armed with their new device or service set up a business model which consists of going to book sales, thrift stores and garage sales basically "hunting and pecking" much like a vulture does, looking for good books.  For many, this works for a while, but eventually an income "cap" happens limiting the upward potential of profits.

In most cases this "cap" occurs because of an inability to get good books to sell.  Many business models are set up to do the following:
1. Hunt and peck to find books of value
2. Clean and sort books
3. List books according to Amazon's Category listings
4. Store books according to a SKU system that helps you pull the books once purchased
5. Pull, pack and ship books

The above business model works well as long as there is a good supply of books headed into the system.  However, most small online book businesses run into trouble with #1 above!  Everything works well, except finding a steady flow of good, inexpensive used books.

You can find a steady, good flow of used books by setting up a slightly different business mode.  You have to replace #1 above by the following:
1. a. Establish Relationships with librarians, book sale directors and thrifty store managers
1. b. Meet with and offer these individuals your services which will help them and allow you to scan their books before they go on sale to the public
1. c. Regularly scan books before they go on sale to others

The above is a very different model!  One that is very possible - if you can make friends!  If you are interested in this very different model you can check out how to effectively execute this model at http://BenefitBookstore.com.

With a simple "adjustment" to your business model you can reach new heights!

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