Opening a book is like opening a door to a whole new world. For many avid readers, the thought of owning and running their own bookstore is a dream come true. It can offer a sense of fulfillment and satisfaction to see people come in and leave with a book in hand. However, starting a bookstore business is no easy feat. It requires careful planning, research, and execution to make it a success.
In this article, we’d like to share a book reselling business model you may have never heard of and a few insights about the benefits and challenges of running a book reselling business based on bulk used book supply. Tune in!
There’s plenty of information about listing and selling regular ISBN-13 books. However, what about the books that don’t have an ISBN? How do you deal with them? For one thing, such old books may not have any value; for another, some out-of-print books can be rare collectibles you can sell quite profitably. Therefore, knowing how to find and evaluate as well as where to sell books from the pre-ISBN era is an advantage you can use as a bookseller.
Copyright law protects the exclusive rights of creators of various works: writers, artists, musicians, etc. You can’t take someone’s painting and display it in a gallery as your own; the same goes for music and books. You can’t copy and sell these works as if they are your own works, either. However, there is a limitation to copyright law: you can buy and resell the works of others—according to the first sale doctrine.
Reselling items is one of the largest side hustles people start, and many turn it into their full-time income. When you resell items, you either sell items you bought and can sell for a profit or used items with value. Either way, the bottom line is the same – you make money online.
One key factor when starting any reselling business is understanding the resale value. Not all products are worth the same amount, and some may not be worth selling. However, once you understand the importance of it, you can start almost any reselling business.
If you’re anything like us, you have a pile of books sitting around at home—both read and unread—and have found yourself wondering, “Could these be worth anything?”
Depending on what’s on your bookshelf, the answer may be yes! Though not all books are worth the time and effort it takes to resell them, some types of books can earn you a pretty penny.
According to market data from top used booksellers and reselling marketplaces like Amazon, these are the best books to resell—some of them may surprise you!
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