Skint Dad

Where Every Penny Counts

  • Home
  • Save money
    • Latest supermarket offers
    • 1p Saving Challenge
  • Make money
    • Best Paid Surveys
    • Quidco New Member Offers
    • Genuine Work From Home Jobs
  • Manage money
  • Cheap recipes
    • Fakeaway Recipes
  • Win
    • Skint Dad competitions
  • Deals
    • Amazon Discount Tool
  • Join us
    • Newsletter
  • About
Home / Make Money / Selling Second Hand Books Online For Profit

Selling Second Hand Books Online For Profit

By Skint Dad Contributor | last updated 13th March 2019 | This post may contain affiliate links

Win BIG cash prizes with your postcode! 100% FREE to enter
Share
Tweet
Pin

Selling second hand books is a great way to free up some space at home and make a few quid in the process. Some people are even making a regular income from it.

Selling secondhand books

I started selling text books I no longer needed on Amazon Marketplace about nine years ago after I finished my Master’s degree. I had become aware of the marketplace during the course as it was where some fellow students were saving a small fortune by buying their text books second hand.

After selling a few text books I realised that I could sell other books I no longer needed and quickly sold a few. I was impressed with the ease of listing (just need the ISBN number and a description of the condition) and that you could have the money in your nominated account in no time.

It then dawned on me that I worked within a five minute walk of half-a-dozen charity shops (that I regularly browsed for books of interest) and I could buy books cheaply, read them if I wanted to, and then sell on for a profit.

Earn passive income from books

So I started earning a few extra pounds, nothing amazing but extra money is nothing to be sniffed at as all readers of this blog will tell you!

By holding a book inventory listing on Amazon Marketplace you can earn yourself another passive income.

I would say that at my peak I probably had 30 to 40 items listed at one time. In my best month I probably sold about 15 items, so three or so a week, and profit per item probably ranged from £3 to £10.

However how much profit made depends on how cheaply you got the book, the postage costs and you ensuring the price you set makes a profit after Amazon takes their cut.

Selling second hand books is a great way to free up some space at home and make a few quid in the process. Some people are even making a regular income from it.

How you can earn money too

I enjoy supporting charity shops by buying books and then selling them on cheaply to people who are after a copy. In making a small profit along the way that’s three people who win out of the situation!

You will need to find a strategy that suits you, be it selling popular titles and making small profits of a £1 or so per book, or focusing on rarer titles with less sales but which will make you more like £10 an item.

Putting a listing up doesn’t take long and once an item is up it will stay up until you remove it, unlike eBay sales, so you’ll save time in the long run.

Over the last few years, a few things have changed and I no longer have the time to regularly source books, however for readers interested in the opportunity I am happy to share some tips.

As with all these things though you should always be aware that if you deliberately buy things to sell on for profit you might be liable for tax.

Where to find second hand books to sell

Where ever sells books cheaply is a great potential source for your inventory.

Places I found loads of used books were charity shops (especially ones that did offers like fill a bag of books for £1), car boot sales, library sales, and even places selling brand new books like The Works, 99p Stores or Poundland.

On holidays I sometimes finished my novels and swapped them on the book cases for guests with ones I knew I might be able to get a few quid for!

Knowing what to sell

You should always be familiar with popular titles, authors, the best sellers charts and develop an eye for what is likely to have a high price on the marketplace. Also, as textbooks normally have a high retail price (over £15) if you see any for sale second hand that look recent (printed in last two or three years) they are likely to be profitable if you can buy them for under £3.

Always have a mobile phone to hand and download the Amazon shopping app so you can scan the barcode and find the price on marketplace while you’re out and about.

Also, familiarise yourself with how quickly something will sell – the sales rank. Some guidelines I’ve found say that a book ranked at the 10th bestselling book on Amazon will sell about 5,000 copies a week! If the rank is within the 2,000th place one will generally sell in a few hours, certainly, that was true in my experience.

How much to charge

You need to price the book as the cheapest or very close to the cheapest if there are many sellers with copies for sale.

You should not rule out books in higher sales ranks as I’ve had a book in the sales rank close to a million that did sell eventually (although it may have taken a year or so). As one of very few people selling the book, the high price didn’t put people off and I made about £10 profit on it.

Related posts:

  • Make Money Selling Books and Tech with Ziffit
  • Make Money From Your Old Phone With O2 Recycle
  • How to Make Money Online
  • How to Make Money Selling Your Stuff

Working out profit

My profit came unstuck a few times due to me not checking postage costs. Making profits with hardbacks is tricky as they are heavier and cost more to post. The huge online sellers can get discounts on postage and mail books more cheaply than the rest of us.

Amazon used to only allow you to charge £2.60 for posting any book, and would take a cut of that too when a book sold. I would recommend you use one of a few Amazon online calculators that are available to find out the minimum price that you need to stick to make a profit.

Other options

In recent years the growth in popularity of eBooks, many of which have been priced under £1, and the introduction of fulfilment by Amazon known as FBA (where sellers send their stock to Amazon to fulfil orders for them) have impacted on the marketplace.

Sometimes eBooks are much cheaper than buying a physical copy, even a second hand one, and FBA meant many sellers reduced their postage costs significantly so it became hard to beat them on price with your marketplace listing and still make a profit.

The UK’s big second hand book sellers like World of Books and Awesome Books also set up book buying websites where they offer pennies for books which they then sell for a profit.

You can try SellItBack.com or another great book buying site and my favourite Ziffit.com, both of which are handy for disposing of hardbacks without being stung on postage, as once you have accepted their offer you just box up the books and send to them for free. I got rid of some hard-to-shift hardbacks that way!

Good luck and happy selling!

This is a contributor post brought to you by John who is a busy dad of two young children and who works full time in Bournemouth. He has over 10 year’s experience of selling online across various websites and four year’s experience hosting foreign students.

  • About
  • Latest Posts
Skint Dad Contributor
Skint Dad contributors offering a different and unique voice to help you save, learn and earn.
Latest posts by Skint Dad Contributor (see all)
  • How To Properly Care For Your Tyres Before Any Trip - 31st October 2020
  • Cheap Halloween Costume and Decoration Ideas to Be Spooky on a Budget - 20th October 2020
  • Are Summer Schools Really Worth it? - 8th September 2020

Comments

  1. rosierowe says

    13th February 2016 at 11:14 am

    Thanks for this article and the very useful ink to Ziffit… We seem to have accumulated quite a few hardbacks which are really just gathering dust and this appears to be a great, efficient way of offloading them!

    Reply
    • Ricky Willis says

      13th February 2016 at 11:44 am

      It certainly is. There’s a full guide on how to use Ziffit coming soon as well so I’ll let you know when it’s live

      Reply
      • Lindsay Frost says

        14th February 2016 at 8:41 am

        Just sent in my first parcel to Ziffit, trying to de-clutter our house, transaction was very easy and payment into bank

        Reply
        • Ricky Willis says

          14th February 2016 at 12:29 pm

          Good to hear it! Love watching the money roll in after making some sales.

          Reply
  2. Ricky Willis says

    13th February 2016 at 11:50 am

    The best thing with Amazon Marketplace is that you can put your books on and just leave them there. Although they may not all sell straight away, they should get bought at some point. It’s certainly easier than eBay as you don’t need to keep relisting them.

    The idea to make the real profit is to seek out the books that people really want by checking the chart and hunting out those books.

    Reply
  3. Ricky Willis says

    6th November 2016 at 9:56 pm

    Hi Debbie, have you tried using Ziffit? http://skintdad.co.uk/make-money-selling-books-and-tech-with-ziffit/

    Reply

Leave a Reply Cancel reply

Your email address will not be published.

final sd bio
Skint Dad in the media
HIBS100 Index of Home and Interior Blogs
HIBS100

Find out how to

Save money

Make money

Manage money

Start a blog

Eat cheap

Win competitions

Join us

Information

About Skint Dad

Contact us

Awards, Media and Press

Jobs at Skint Dad

Privacy Policy

Cookie Policy

Terms & Conditions

SKINT DAD®

8b Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

Skint Media Limited
is a registered company
in England & Wales.

Company reg no: 09991508
VAT No: 318 7349 80

Check out our sister site Skint Chef

Copyright © 2021 · Skint Media Limited · All rights reserved · Registered in England and Wales with company number 09991508 · Sitemap · Privacy Policy · Cookie Policy · Terms and Conditions

Skint Dad | Where Every Penny Counts! Logo Header Menu
  • Home
  • Save money
    • Latest supermarket offers
    • 1p Saving Challenge
  • Make money
    • Best Paid Surveys
    • Quidco New Member Offers
    • Genuine Work From Home Jobs
  • Manage money
  • Cheap recipes
    • Fakeaway Recipes
  • Win
    • Skint Dad competitions
  • Deals
    • Amazon Discount Tool
  • Join us
    • Newsletter
  • About