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
Title: Cracker; Florida’s Enduring Cowboy
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.
Good idea, going to have to try that.
Mary T. Sullivan says
This is a great idea, I will ask my fav. thrift store if they do this maybe they will allow me to swap some books out.
I just found your you tube video as I was searching for easiest way to use a dymo printer to print my labels on amazon fba without using those seller programs.
I started watching more of your videos and I love the way you explain things, its easy for me to learn from you. Thanks I see you have a FB group also which I have sent in a request to join.
Thanks for sharing your knowledge
And I never heard of the scanners ? I’d love to win this thing I just use my phone and well hard when I go to older libraries because the there is no reception most of the times.
Gregg Phillips says
Saw this post at just the right time as I was in the middle of gathering up the duds to donate. With this excellent idea, I won’t lose as much as I had originally thought. Thanks for posting!