What Is Purpose of this Website

Feb 24, 15 What Is Purpose of this Website

Posted by in Fun Stuff, Slider

The purpose of this website is to share my experiences in the wonderful world of online retail—specifically peddling used books with you.   Celebrity Authors’ Secrets – The World’s Greatest Living Authors Reveal How They Sell Millions of Books by Stephanie Hale. $12.99 from Smashwords.com Twelve of the world’s greatest living authors reveal their tips for writing a book that sells over a million copies in Celebrity Authors’ Secrets. A must-have guide – filled with publishing and book marketing info – for aspiring writers, authors, publishers, editors, writing coaches, creative writing tutors and anyone who loves books. Find out how to make your book stand out from the masses!   I will endeavor to achieve this goal in two ways: First by sharing the knowledge I’ve gained from three years of intense online used book sales mostly on eBay but also on com. The general idea of this is to help you avoid the mistakes that I’ve made and to show you what works and what does not. I can do this because I’ve been there and done that.   In particular, I’ll try to help you get around all the common pitfalls that I’ve fallen prey to, and believe me, there are a lot of them out there. I’ll also try to dispel a lot of the conventional wisdom out there that’s dead wrong—and there’s a lot of it.   Second by sharing with you the results of my online retail experiments. I’m constantly experimenting in online retail, changing things around, and trying new things like this blog. One of the ulterior purposes of this blog will be to drive more business to my eBay page. I want to record the results of these experiments and analyze them here. Some Other Reasons for This Blog There are some other motives for this blog. The first is to make some extra money via affiliate, link, and other online advertising, so you will see ads here. Online advertising can make you a lot of money;...

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How Much I make from Online Book Sales

Feb 24, 15 How Much I make from Online Book Sales

Posted by in eBay, Fun Stuff, Slider

Many of you are probably wondering how much money I make from online book sales. That’s a very fair and important question because I’m running a website that purports to tell you how to make money by selling books. In 2014, I made an average of around $400 a month, $394.98 to be exact, from my sales. In my best month, November, I made $471.02, and in my worst month, January, I made a little under $300, $293.11 to be exact. The total proceeds of my sales came to $4,739.79 in 2014, and guess what? I did this as a part-time job, with no access to a reliable car and by using my bedroom as a storage area. This year, I’m planning to ramp up my business. I just rented a storage locker and bought some shelving to make storage more efficient, and I’m planning to buy a vehicle real soon. That means I could easily double or triple that figure this year and perhaps quadruple it with hard work, especially if I can greatly increase my Amazon sales, which were minuscule last year. eBay’s Selling Manager Pro Summary is also a real help in this department. It showed me that I made $239.34 in the last 30 days, $823.89 in the last 90 days, and $1,193.20 in the last 120 days. Obviously, that figure does not include shipping costs, supplies etc.; instead, it represents pure cashflow. eBay income is pretty nice because you get almost immediate access to it through PayPal if you do a fairly high volume of sales. Another big advantage to eBay income is that you can transfer it to banks for free. That’s extra cash you can get your hands on almost instantly. Amazon.com is a little harder to deal with because it keeps your payments for two weeks and takes the fees out of them. That makes bookkeeping easier, but it means payment is delayed.   As you can see, I am not getting rich, but I have...

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How I became an Accidental Online Bookseller

Feb 24, 15 How I became an Accidental Online Bookseller

Posted by in My Story, Slider

Okay, that being said, you might be wondering who I am and how I became an online bookseller. Well, I’m a voracious reader and freelance writer who does not mind working hard, but hates working for others. After losing my job in the economic meltdown back in 2008-2009, I decided to turn my back on the cubicle farms and become a full-time freelance writer. I also faced a real dilemma because the temporary office work I had been relying on to pay the bills was drying up. I needed to make some extra money. At the time, my mother was working as a librarian at a small-town library that sold used books as a fundraiser. The library had a huge pile of donated books, far too many to be sold at the yearly book sale. They needed somebody to try and sell books online, so I decided to give it a try. I started fooling around with eBay and Amazon sales, and three years later, I discovered that I was making several hundred extra dollars a month. It became so profitable that I started scouring thrift stores, estate sales, and garage sales for books to sell. I even started yanking books out of garbage dumpsters. Yes Selling Used Books Online is a Viable Business Selling used books online has become a viable business for me, and it can become a viable business for you. So here’s the good news: if you are willing to devote some time and effort to it, do it right, and have some patience, you can make money as an online bookseller. Now here’s the bad news: you’re probably not going to make enough money to quit your job or shut down your other business and retire to Tahiti on the proceeds of your online book sales. You won’t get rich selling books online, but you can make $30 or $40 a day for a few minutes of work and have some fun. Note: there will be times when you...

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Why Books?

Feb 20, 15 Why Books?

Posted by in Slider, Why Books?

Before we begin, a lot of people will ask “Why books?” Many of you probably think that paper books have gone the way of the dinosaur because of Kindle, eBooks, and iPads.   Celebrity Authors’ Secrets – The World’s Greatest Living Authors Reveal How They Sell Millions of Books by Stephanie Hale. $12.99 from Smashwords.com Twelve of the world’s greatest living authors reveal their tips for writing a book that sells over a million copies in Celebrity Authors’ Secrets. A must-have guide – filled with publishing and book marketing info – for aspiring writers, authors, publishers, editors, writing coaches, creative writing tutors and anyone who loves books. Find out how to make your book stand out from the masses!   Well, you couldn’t be more wrong. Despite the success of digital books, there is still a strong market for paper books, and it seems to be growing. Better yet, many traditional sources of paper books are drying up, even though the demand for them is still high, and in some cases, growing. In the past three years, I accidently discovered that books are almost the ideal item to sell online. The many attributes that books offer include: Books are easy and cheap to ship. It costs $2.95 to ship the average book via Media Mail from the U.S. Postal Service (USPS), and those who buy postage online via eBay get a discount. I even discovered that I could ship a 12-pound box of books to an Amazon.com fulfillment center for a little over $6.   Books have a high markup. The average used paperback costs 25 to 50 cents at a thrift store, yet it can be sold for around $5.99 online. That’s a 400% profit. The average profit on a new book sold online is under 10%. A used hardback book that costs 80¢ to $1 can be sold for $9.99. Many books sell for far more; I recently discovered that copies of a paperback humor book called The Rape of the APE...

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What Is the Purpose of This Website?

Feb 20, 15 What Is the Purpose of This Website?

Posted by in Recent, Slider

The purpose of this website is to share my experiences in the wonderful world of online retail—specifically peddling used books with you. I will endeavor to achieve this goal in two ways: First by sharing the knowledge I’ve gained from three years of intense online used book sales mostly on eBay but also on Amazon.com. The general idea of this is to help you avoid the mistakes that I’ve made and to show you what works and what does not. I can do this because I’ve been there and done that.   In particular, I’ll try to help you get around all the common pitfalls that I’ve fallen prey to, and believe me, there are a lot of them out there. I’ll also try to dispel a lot of the conventional wisdom out there that’s dead wrong—and there’s a lot of it.   Second by sharing with you the results of my online retail experiments. I’m constantly experimenting in online retail, changing things around, and trying new things like this blog. One of the ulterior purposes of this blog will be to drive more business to my eBay page. I want to record the results of these experiments and analyze them here. Some Other Reasons for This Blog There are some other motives for this blog. The first is to make some extra money via affiliate, link, and other online advertising, so you will see ads here. Online advertising can make you a lot of money; Google generated $10.47 billion from sites—its euphemism for online advertising—in the last three months of 2014. It would simply be foolish not to place ads here. A person that puts up a website and does not mix in advertising is like a fellow that sees a $20 bill lying on the sidewalk and does not pick it up—he’s an idiot. Okay, the money you get from the average ad is more like a penny lying on the sidewalk, but guess what, they add up. That being said, one...

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