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.
An idea to build a used book selling business in 2024 can be a great start for a fresh year. It’s another source of income that allows you to make more money, and it doesn’t require much work.
It can be fun to find books to sell and even more fun when you make a profit. So here are the top 10 questions about starting a used book selling business or book arbitrage business this year.
Image by Ashley Van Haeften via Flickr
It feels like everyone’s been talking about a recession for the past year and a half. Yet, have we really entered a recession? And if we have, what is the best strategy to develop during the worst economic period? In this blog post, we’ll cover the key points about a recession and reflect on the impact of past recessions—from the bookselling industry’s point of view. We’ll also try to understand what booksellers can do to stay ahead of their finances during the recession.
There is a great channel to sell your book inventory with profit and diversify your reselling efforts you probably didn’t know about. No, it’s not Amazon. It’s BookScouter Bulk Liquidation Tool.
Some of our Pro users might have known its earlier version—Bulk Lookup, but now, it definitely deserves a separate review.
We’ve already covered the topic of book scouting in detail in our blog and mentioned book arbitrage briefly in one of the articles. Today, we’re going to talk about the entire field of retail arbitrage in general and book arbitrage in particular. Let’s take a closer look at how it works.
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