Make An Online Income From Your Unwanted Books

You can run a successful business selling a course in miracles online. All you need is a little known how, in order to earn a living doing this. The best way to start this type of business is by selling books that you no longer what in much the same way as people sell unwanted items on auction sites or in car boot sales. This means that you have no initial outlay. The advantage of selling online is that you can make sales 24/7 and you don’t have to be sitting at your computer all the time in order to be successful at this.

Utilise an Online Bookstore

You will save a lot of time and energy by joining forces with a bookstore which is already doing good business online such as Amazon. This is a good initial step to take, because they already have a large database and you can utilise this to your best advantage. Your role here will be like a book wholesaler providing books even to the point of drop-shipping books to their customers, your readymade database. Chose an Online Bookstore with a Simple Fee Structure

When deciding on which online store to sell your books through, take care to chose one with a simple fee structure, one that is straight forward and easy to understand. That is, one which charges one flat fee for your book listings plus a percentage on sales. It would be aproblem if when selling books online you have to deal with a complex fee structure which would also make it very hard to make money because you are being asked to pay exorbitant fees through a complex structure of billing. Here, you should make comparisons before making a final choice.

Example of Complex Billing Structure to be Avoided

A single listing for one book can costs as much as30 cents for one week of selling exposure even if it is only featured online, but not sold. You may have to relist the auction over and over again for up to 6 months before it sells. This could leave you with a base overhead of $7.80 (30 cents times 26 weeks for just 1 book). In addition to this, you may find that there are additional fees to pay. This will eat your profit, worse still you could end up owing money after the sale.

Be Unique in Your Book Choices

Be unique; don’t try to sell the same books as everyone else, as this will limit your chances, especially if they are partnering with the same online store as yourself. It is a good tip also to sell books in order to earn an additional income stream allowing this to coexist alongside your source of income. Research your books before deciding to sell them only purchasing them from the wholesaler when you have made a sale to your customer.

Bargain Price Books

Sometime it is possible to purchase books which are still relevant, but may be last year’s stock. You can find these by doing a search engine search using your search term. You could also approach publishers for there excess stock.

Building Your Own Bookstore

When you are a little more experienced, you may decide to develop your own online bookstore. You should however, invest some time in learning the necessary components in order to do so. Learning php and sql are two complex areas, but are necessary if you are to be successful in building your online bookstore. You could then designed and build a complete online bookstore which will be capable of handling all aspects of online book selling. Don’t worry if this all sounds to complex as you could get a designer from Elance to do this for you. But, you should bear in mind that it is always better to have at least a basic understanding of how this all works so that you know what to ask your designer.

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