EASY Money Making Method!

thecubsfan

thecubsfan

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Hey guys just thought of a way to bring in some really easy income for almost no investment. Heres the idea.

So throughout the year several libraries and book stores will offer great deals on books they're trying to get rid of. Learn when and where these will be taking place. http://www.booksalefinder.com is a great site to use but also try to check local newspapers and find out more. Heres what you've got to do. Books cost almost nothing at library sales so take advantage of any opportunity for that.

1. Get there early and look around grabbing whatever you know will fetch a good profit. I know in my area, a local library sells thousands of books once a year to clear up some space for new ones. Some books go for as little as 10 cents, with hard cover books usually selling for less than $2. Go in and snatch up whatever you can

2. Go home and list the books on ebay or any other sites you can think of.

3. Make a profit

Could make you several hundred dollars depending on what kind of books you find. Its really that easy. Bring your smartphone with you as well just to look up some books you are unsure of.

-thecubsfan
 
Last edited:
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Sure, its a good method. Better if you know a little bit about books.. or else you might end up stacking huge piles of them at home.. but good method to get lots of merchandise for cheap
 
GiorgioB said:
Sure, its a good method. Better if you know a little bit about books.. or else you might end up stacking huge piles of them at home.. but good method to get lots of merchandise for cheap
Click to expand...

lmao i can only imagine...brb book castle in my living room
 
GiorgioB said:
Sure, its a good method. Better if you know a little bit about books.. or else you might end up stacking huge piles of them at home.. but good method to get lots of merchandise for cheap
Click to expand...

haha yeah definitely need to pick out the right books. Just comes down to getting lucky and finding the right authors or titles
 
Its actually not hard .. try you local garage sales too .. its a fun thing to do on saturday and can find some gems ..
you guys probably wont believe it ..i was once checking out garage sales and my gf at the time looked at a piece of computer type equipment .. i am a geek and told her its def not pc type thing
anyways we ended up buying it for 50 bucks ..she did the research on it and could not stop jumping INSANELY
turns out it was something the Chiropractors etc use and the damm thing sold on ebay for ..wait for it ..wait for it ..9500$

regards
ToG
 
If you do this without knowing what you're doing, you'll wind up with a bunch of worthless books.

At big book sales, you're competing with professional book sellers who will be using scanners and PDAs. The PDAs have a database of items and prices from Amazon, along with sales rank information. They can scan a book in a second and instantly tell (via headphones) if the book is worth buying or not. 99% of books are basically worthless.

If you think you can compete with them using your cell phone and an Amazon pricing app, it may be possible but you'll be going a lot slower and you may be lacking the all-important sales rank information. Your app may tell you that the sale price for a book is $25 and you think you have a moneymaker, but what you don't know is that the sales rank is 8 million... it will take years to sell the book, if ever... and probably not at $25.

I'm not trying to discourage anyone from reselling books -- which can be very lucrative, indeed. I'm just trying to prevent people from spending $50 on a pile of junk they can't sell.

If you insist on going into this without the proper equipment and software, here's what I would do:

Get there early. I guarantee you that the pros will be there first thing. Once they scan through the titles, all that's left will be scraps. Big book sales will attract the pros; smaller events like rummage sales may not. If you're in a small town, you're less likely to see the pros with scanners than you would be in a big city.

Forget fiction, focus only on non-fiction books. Skip anything that has been printed in huge quantities -- Dr. Phil books, Bottom Line books, diet books, etc... they're worthless. What you're going to be looking for are "long tail" books... a book on cats is probably $0.01 on Amazon, but a book about treating chronic kidney disease in felines may be worth $30. Textbooks are often worth a lot, but they have to be recent. Old books -- I mean REALLY old books, like 100 years old -- are probably not worth as much as you think they are, and you won't be able to sell them on Amazon. Unless you know what you're doing, stay away from them.

Go through the sale as fast as you can and pick out all of the books that you think might be worth something using the advice above. Then go off in a corner somewhere and use your mobile phone to scan them. You'll be taking a gamble if you don't know the sales rank too, so realize you're handicapped. Keep anything worth $10 or more (assuming you're paying $2 or less per book)... anything less will be a waste of time after Amazon fees.

I used to be a pro book seller but I didn't like getting up early and fighting with other people for books that may be worthless. But I must admit there is a real thrill in scanning in a book and finding out that it's worth $100 when it's marked 50 cents.
 
This is a very good idea with the thought that this will never go out of style. Books will always be in demand and they are always sold at reasonable costs.
 
Alot of Americans do this with weekend yard sales and storage lockers being emptied.
It's a nice timeless method for side cash.
 
saveferris said:
If you do this without knowing what you're doing, you'll wind up with a bunch of worthless books.

At big book sales, you're competing with professional book sellers who will be using scanners and PDAs. The PDAs have a database of items and prices from Amazon, along with sales rank information. They can scan a book in a second and instantly tell (via headphones) if the book is worth buying or not. 99% of books are basically worthless.

If you think you can compete with them using your cell phone and an Amazon pricing app, it may be possible but you'll be going a lot slower and you may be lacking the all-important sales rank information. Your app may tell you that the sale price for a book is $25 and you think you have a moneymaker, but what you don't know is that the sales rank is 8 million... it will take years to sell the book, if ever... and probably not at $25.

I'm not trying to discourage anyone from reselling books -- which can be very lucrative, indeed. I'm just trying to prevent people from spending $50 on a pile of junk they can't sell.

If you insist on going into this without the proper equipment and software, here's what I would do:

Get there early. I guarantee you that the pros will be there first thing. Once they scan through the titles, all that's left will be scraps. Big book sales will attract the pros; smaller events like rummage sales may not. If you're in a small town, you're less likely to see the pros with scanners than you would be in a big city.

Forget fiction, focus only on non-fiction books. Skip anything that has been printed in huge quantities -- Dr. Phil books, Bottom Line books, diet books, etc... they're worthless. What you're going to be looking for are "long tail" books... a book on cats is probably $0.01 on Amazon, but a book about treating chronic kidney disease in felines may be worth $30. Textbooks are often worth a lot, but they have to be recent. Old books -- I mean REALLY old books, like 100 years old -- are probably not worth as much as you think they are, and you won't be able to sell them on Amazon. Unless you know what you're doing, stay away from them.

Go through the sale as fast as you can and pick out all of the books that you think might be worth something using the advice above. Then go off in a corner somewhere and use your mobile phone to scan them. You'll be taking a gamble if you don't know the sales rank too, so realize you're handicapped. Keep anything worth $10 or more (assuming you're paying $2 or less per book)... anything less will be a waste of time after Amazon fees.

I used to be a pro book seller but I didn't like getting up early and fighting with other people for books that may be worthless. But I must admit there is a real thrill in scanning in a book and finding out that it's worth $100 when it's marked 50 cents.
Click to expand...


Where does one get one of these "scanners"?
 
You put scanners in quotes as if you don't believe they exist... ha ha!

There are a few companies that provide the software and data you need, and some also sell the PDA/scanner hardware... but you can get the hardware anywhere as long as it is compatible with the software you want to use. I used a Dell PDA with a Socket Mobile wireless bluetooth scanner. These are great because they fit right in the palm of your hand and people may not even know what you're doing. I've seen a lot of other people using scanners that plug right into the PDA, but I don't like them because they seem unwieldy and not as covert. I think I paid almost $1,000 for my setup (PDA, scanner, and I think 3 months of database access)... the scanner alone was about $400 new. They're cheaper now, and you can probably get set up with a decent rig for about half of what I paid five or six years ago.

Like I said, you need to get an app for the PDA and a subscription that lets you download product data to your PDA... the subscription typically ranges from $10 to $60 a month, depending on features. For example, www.mediascouter.com charges $50 a month.

Most databases cover CDs and DVDs, too. These can be very lucrative if they are rare or hard to find items. I've sold CDs and DVDs for over $100 each, but those are few and far between. People used to pay crazy amounts for stuff, but once the economy slowed down the prices fell because no one was willing to pay too much.
 
Nice idea. It reminds me of this bookstore near me whose owner died and his son was selling any book for $1. A friend went there and purchased many old first editions and resold them for much more.
 
Oh yeah good method OP. One type of book I would keep an eye out for would be latest school books. Those are usually in demand because people need them for school and you can sell them for a pretty penny on amazon or classifieds sites. When you are at the sale just scan the barcode on the back of the book and see how much they are selling for. Then buy and re-list, boom.
 
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