How To Make Money Flipping Books 📚 - 6 Things To Know A Guide + Tips To Increase Potential Earnings

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flipping books

How many times do we find ourselves with our home library full of books that we have touched probably only once in our life? Books we received as a gift that have not aroused our interest? Old books found in grandfather's attic that may belong to limited editions, and therefore sought after?

The Covid pandemic accelerated the growth of the digital book today. In 2020 the e-book revenues were up by 15.2% from 2019.

Sometimes, due to development in technology tradition is a lost debate, but not in the case of books. Pitting books versus technology you can easily find the pros and the cons. However, reading on a paper is still the winner.

There are a lot of people who have made it a real business and earn a lot of money by selling used books. Whether you are already working from home or you are looking for a side hustle idea, in this guide I will tell you everything you need to know to make profit from your books.

1. Why Sell Your Books?

There are a lot of reasons to sell used books. We understand that it is not always easy to let go of your books. But it has many advantages. Often, putting them away is a real headache since you always have to find more room for them.

In addition to helping you make space for possible new acquisitions, this will allow you to earn money in the form of some extra income. In addition, this is a very involved way of participating in one of the most important cultural and recreational shares.

Finally, reselling old books is one of the ways to make money recycling and increase your income in an environmentally friendly way.

It's simple, just do a quick math to see it. Insofar as no less than 21 billion books are sold per year throughout the world, or nearly 12 million tonnes of paper to be transformed.

If we add to this that it takes 17 trees to make a ton of paper, then in conclusion, 204 million trees are felled each year, to meet our literary needs.

So before you pile up books that are already dusting your library, think twice and try to make money by preserving the forests without further ado.

However, rest assured, reselling your books doesn't take as long as you might think.

2. What Books Can We Resell?

I guess your next questions are: What kind of books can I sell? What are the best flip books? While you can sell all type of books the best flip books for sale are:

  • Textbook
  • College books
  • Antiques and collectibles books
  • Religious books

You can make a lot of money with collectibles books. Reputable auction houses, and dealers in your area, can offer you free estimates.

To be able to sell back books they must have some eligibility criteria.

ISBN

Every book should have an ISBN number. ISBN is an acronym which means International Standard Book Number, which is an international standard number for books. The ISBN code uniquely and permanently identifies a title or edition of a title by a particular publisher on an international level.

Be on Good Conditions

Your book should not have significant signs of wear such as missing, torn or yellowed pages and / or a loose binding, stains, a persistent odor, etc. We end up with the case of an edition of several volumes, which must imperatively be complete to be eligible for resale on specialized used book websites.

However, you should also not be fooled when it comes to very old or rare books that you can find in the lot you plan to resell. They are worth a lot of money, especially at an auction for example. As well as your comics, too, should not be given away lightly. Because they may well end up in a very lucrative promising market where you will find collectors ready to go all out.

3. Where to Sell Used Books

There are several solutions available that will allow you to sell books for cash. Indeed, through various websites and different addresses, whether virtual or tangible, you will be able to sell your books individually offered to several buyers as well as wholesale against a substantial sum of money. Here is a complete breakdown of the best places to sell used books.

Sell Book On Amazon

Amazon is one of the best sites to sell books online, whether new or used. Flipping books on amazon has never been so easy.

Basically, if you decide to sell on Amazon you can choose 2 options. There are pros and cons to each selling method and the one that will work best for you is highly dependent upon your individual business. Let’s take a look at the different options.

The Individual Seller Plan

If you sell less than 40 products per month and you don't plan to advertise or use advanced selling tools you can choose the individual plan and create an Amazon individual seller account. Here is an overview of the plan:

  • There are no monthly costs
  • You pay a fee only when you sell your item ($ 0.99 commission per item sold)
  • Amazon charges sellers a variable closing fee for every item sold via Amazon's platform

The Professional Plan

If you sell more than 40 products per month you should subscribe to a professional plan

You have to pay a monthly subscription fee of $39.99

Other Selling Sites

This is the ideal option if you don’t have time to go to the bookstore. There are a number of sites that sell used books.

Abebooks

The best way to sell second hand books online is Abebooks. Abebooks is a selling site, an online marketplace for books, art and collectibles. They connect sellers with potential buyers around the world.

Abebooks is a legit company with headquarters in Victoria, British Columbia, Canada, and a European office in Munich, Germany. It is an easy way to sell books in more than 50 countries worldwide where they are available.

Do you know what the AbeBooks Buyback is? AbeBooks is working with TextbookRush.com to offer you a quick and convenient service called the buyback program. It is really simple to use:

Simply enter the ISBNs of the books you wish to sell to find out how much they’re offering to buy them for.

BookScouter

BookScouter is a great platform to buy, rent and sell your used books for the best price available.

BookScounter is also available on iOS and android devices. It is one of the best book selling apps. The scanning feature is really appreciated by all the sellers.

Other Selling Sites To Put Used Books For Sale

Ebay

Each second-hand book store has its own rules. Ebay may still be the simplest and most practical site for those wanting to sell collectible and vintage items.

Resell Directly To Booksellers

The best place to sell books are bookstores. This is the easiest and most reliable choice. Except that the remuneration is not always attractive because large bookstores tend to drag prices down for second-hand books. This plan is conceivable much more to make room than to afford attractive earnings.

Finding a place that buys used books is pretty easy. Open your favorite browser and look for: sell used books for cash near me. You should get the list of all the places that buy your books.

4. How To Sell Your Book Online and Increase Your Profit As Fast As Possible

Now that buying and selling used books online became your mission, it is really important that you know all the tricks and tips to earn more.

Create Your Book Inventory

The first step is to organize and create an inventory of your books. If you do not know how to organize an inventory. You can start by group books by author alphabetically then group authors in alphabetical order under genres. Secondly, you can create digital spreadsheets by using Google Sheets and then conveniently stored on Google Drive.

Use A Money Flipping Software

ScoutIQ

The app will allow you to scan used books and see how much they are worth instantly.

Download Scout IQ

eFLIP - Online Amazon Arbitrage

eFLIP is an easy-to-use software to help you flip books and other media on Amazon for big profits.

You can find other tools on the book flipper website.

Find Cheap Book To Buy and Resell

Whether you are selling a house, a car or a book, your flipping strategy should be focused on finding cheap books and resell them making a profit.

Here is a list of some places where you can find cheap books:

  • Garage sales
  • Yard sales
  • Facebook Marketplace
  • Nextdoor
  • Letgo.com

Here are some other basic tips to attract buyers and sell fast:

  • Look at how much other sellers are selling their book and in what condition it is. If your book is kept in excellent condition, raise the price, otherwise lower it.
  • Consider the price of the new versus the used one. People prefer to buy the new one. Lower your used book by at least $3.
  • Consider availability. Many books are not available for immediate purchase. Some say "available in 3-6 weeks". If you have that book, take advantage of it and put it on sale immediately, perhaps even at a higher price than usual.
  • Consider your Feedback. Try to accumulate positive feedback so you can take advantage of other sellers.
  • Always consider shipping costs. If you use Amazon's program to ship, your items will automatically get free shipping, but if you ship the products on your own, you need to take this in consideration.
  • Consider the psychology of prices. Like in the supermarket, if a product costs $19.99 it is more attractive than a product that costs $20.

5. What To Do With Old Textbooks That You Can't Sell?

While some books are really easy to sell, others struggle to find buyers. However, the most important thing not to do is to throw your book in the trash. Many associations are responsible for collecting the books in order to offer them to the children of the needy.

If you still cannot sell them, or if you do not have time, here are some environmentally friendly solutions:

  • Drop off the books in a Better World Books boxes
  • Donate to organization like Goodwill or the Salvation Army

6. Ready For Shipping Your Books? Here's A Book Packaging Guide

It is important to choose specific packaging that will provide adequate protection for your books.

Cardboard boxes and cases are designed to protect books from bumps, especially in the most vulnerable places such as corners.

You can take a look at this tutorial on how to package books for shipping to ensure they aren’t damaged during the transportation.

Start Selling Your Used Books Now

Do not miss this opportunity to make money flipping used books. Resell the books you no longer need, so you can empty your library and make some extra cash to treat yourself to or buy new books. To maximize your potential earnings, we suggest you use a book scanner app like SoutIQ.

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