Thoughts On Repricing Your Used Books

I love used books and think they are all valuable, but the truth is a book is only worth what someone will pay for it!

So here are some basic thoughts on making sure you price your books right:

First, just like produce, many books will go down in value.  The older they get, the less they are worth.  So it is worth trying to sell them in a timely manner.  Pricing your book right will help you sell the book quickly.  But don't assume you have to price your book less than all others.  Remember your book and the service your company offers should have value so make sure you price your book correctly!

1. What is the ranking of the book?  High selling books move each night so don't price it too low.  I have also seen books below 1,000 ranking go up 20% between Friday during the day and Sunday night, especially if it is on its way up in sales.
2. What is the condition of your book?  If you have a book in great condition, don't price it low.  Instead, allow someone to buy it who is willing to pay a little more to get the better book.
3. Is there a reason to hold the book due to a probable price increase?  Will the book go up due to summer reading or textbook season or the movie is coming out or the next book in the series, etc.  Let is sit for a few weeks if you can get a reasonable amount more!
4. Do you have a good rating?  I do not lower my price down to the big sellers who have less than 95% rating.  I never buy from them and many people I know will not buy from them.  You are likely to ship faster and with better care and will most likely be more accurate in your listing.  So it will be worth paying a little bit more from you!

Hope this helps!

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