Selling on Amazon Marketplace - How to Figure out the Saleability and Market Value of Your Books

Selling on Amazon Marketplace - How to Figure out the Saleability and Market Value of Your Books

Would you like to sell your books on Amazon marketplace? Before you start listing, why not figure out if it will be worth your while. Read on to discover how to check the saleability of your books and CDs.

Check the listings

Gather up your stash of books and go to Amazon and type in the title/author of the first book, or enough information to make that book come up on the screen.

There are two things you'll want to check: the price for which used books are selling, and how popular the book is.

How to determine what to sell

Personally, I limit myself to books that sell for at least $8 or $9 dollars, which leaves me with about 5 bucks after Amazon takes out its commission. In the beginning, though, you may want to be more flexible. Why? You want to maximize your number of sales and feedback, and so if you have a really nice copy of a book that only sells for a few bucks, list it anyway. A happy customer may give you good feedback, and that's worth real money because customers often buy from vendors with good feedback even if their books cost more.

Getting Feedback on Amazon is different

Now here's why feedback is such a big deal: Amazon is different from eBay. On eBay, practically every customer leaves a review. That's not the case at Amazon. Far from every Amazon customer will leave feedback. In fact, only a very small percentage of the buyers ever do. So anytime you're able to do something that will make one of your buyers really happy, do it.

Deciding on a price

But back to deciding on what to sell. Decide if you're able to get a price you're willing to sell it for, and then also check how high or low its sales rank is because that will determine its chances of selling -- ever.

Also be sure to check the various editions. Sometimes bargain priced versions of some books are hidden and don't easily show up, yet once you list your book, you'll find that there are quite a few available for much less.

How to find out how fast a book will sell

I have found that almost any book may sell eventually. However, books with a ranking under about 20,000 or even 50,000 have a much improved chance of selling fairly quickly - especially if you offer a nice copy at the best price - or close to the best price.

If you have books ranking under 1,000, you might as well put them on a special shelf for books to be wrapped and shipped right away, at least if you price yours competitively and they're almost as good as new. They may sell before you get off your chair to take a break.

Decision time...

So now you sort your stack into books you are willing to sell, books that you'd rather keep, and books to take to your favorite local charity because it simply won't be worth it to list them, have them sitting on your shelf, possibly for months, and then, if someone buys them, wrap them up and take them to the post office.

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