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    1. LivingstonShipping is offline

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      #1

      Wholesale Used Books - a profitable option?

      Hi everybody. I want to start a wholesale used books business. Can somebody advise if it is a profitable option?
      It would be great if you also give me pointers on how to get started….Apart from a few posts on Ebay, I’ve never really managed a business.
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    2. Retail Champion is offline

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      #2
      I don’t know specifically about wholesale used books but a lot of the pre owned trade success is about sourcing right or rather buying cheap.

      You may also need to do some research about popular books within the domain that you intend to operate in be it science, children’s books, cookery books..etc. That way you will manage your inventory carrying costs better.
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    3. Hugh is offline

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      #3
      I read somewhere that non-fiction and hobby books are where the moolah is… not the coffee table book variety.

      Be sure to go for a high demand sector otherwise you’ll be saddled with inventory costs.

      Here are some useful wholesale used books wholesalers sources:

      http://www.thriftbooks.com/WholesaleBooks.aspx
      http://www.booksliquidation.com/
      http://usedwholesalebooks.com/
      http://nt.mbsbooks.com/Wholesale/Books/UsedNew.htm
      http://www.warehousebooksinc.com/
      http://www.regentproducts.com/index.php?cPath=2
      http://www.dollardays.com/sitesearch.aspx?pg=1&terms=books
      http://books.stores.shop.ebay.com/_stores_W0QQ_sacatZ29399

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      #4
      Book selling – used or otherwise is not for everyone. You have to be really passionate about books to be able to sell them. And then knowledgeable too. Determining the worth of a book – first edition, good author …etc is tough work.

    5. Retail Champion is offline

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      #5
      Books will actually require a great deal more of hard work since the listings are never standard (chances of identical used books is slim) and sourcing can be a nightmare. You will also need to learn cataloguing without which building a book business of any size will be near impossible.

    6. Hugh is offline

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      #6
      But I know for a fact that there is serious money to be made in this used book business. Hobbyists or no, there are enough returns to get anybody interested in book selling. People just throw away books without any idea of what they are worth.

      Plus new books are really expensive and people are increasingly turning to second-hand options as long as they contain all the pages. Especially students. Nobody keeps a text book after reading anyway, so what’s the point of buying a new one.

    7. LivingstonShipping is offline

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      #7
      Does anybody know a good place to source or sell wholesale used books?

    8. Retail Champion is offline

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      #8
      Try having a look at 30 Places to Buy, Sell and Trade Books Online. that should get you some to begin with.
      But I believe the best bargains and the real steals are to be found almost anywhere – the pavement, yard sales, pawn shops or even a local library.

    9. Retail Champion is offline

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      #9
      Real money will come only through real knowledge of books. Making money is about sourcing cheap and selling right. To do either, you will need to know the intrinsic value of a book.

      If you are not an enthusiast yourself, you may consider taking on a partner who is. That way you avoid costly mistakes.

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      #10
      Guys, wholesale used books selling is a business that is bit like treasure hunting. You spend 90% of your time scouting around for the first edition of so and so and the other 10% finding the highest paying buyer for it.

      You’ve got to love the 90% - if you don’t, there is no way to make money in this business.

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