How I increased my income by $500 / month
With $0 product cost
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With $0 product cost
/thread
DISCLAIMER
This is free money, but it's not "zero work money"
If you're not lazy and you like free money, keep reading
This is free money, but it's not "zero work money"
If you're not lazy and you like free money, keep reading
When I first started on Amazon, I bought a course by @MediaBoca that taught me how to sell used media on Amazon.
Most interesting to me was the books.
But I did not like going into most thriftstores / Goodwills because it was either junk or over priced.
Most interesting to me was the books.
But I did not like going into most thriftstores / Goodwills because it was either junk or over priced.
So I started looking on Facebook Marketplace.
Many people would sell a box of random books for $5-10.
I started buying them and soon found that I could, on average, make a pretty nice profit when I hit books worth $50-60.
This happens way more often than you think.
Many people would sell a box of random books for $5-10.
I started buying them and soon found that I could, on average, make a pretty nice profit when I hit books worth $50-60.
This happens way more often than you think.
Well, a few of those people I contacted were trying to get rid of books for free.
They liquidated estate sales looking for rare and valuable antiques.
They had zero interest in books and it was the biggest pain for them to move and dispose of.
They liquidated estate sales looking for rare and valuable antiques.
They had zero interest in books and it was the biggest pain for them to move and dispose of.
This is what I like to call "the start of a beautiful friendship."
Their pain was my prize.
I told them if they contacted me when they had books, I would haul all of them away for free,
Their pain was my prize.
I told them if they contacted me when they had books, I would haul all of them away for free,
They started asking me to come clear estate sales with 100s and 100s of books.
I would take boxes and load them in my minivan.
Once I unloaded at home, I got an Eyoyo scanner and scanned books with an app called "Scout IQ."
I would take boxes and load them in my minivan.
Once I unloaded at home, I got an Eyoyo scanner and scanned books with an app called "Scout IQ."
A lot of the books end up being junk, but about 10% are winners.
Out of 500 books, I average about $300-500 in profit for Amazon, and it takes about 6 hours of work.
Often times, there are many books that are not scannable - no ISBN, no Barcode, no Amazon listing.
Out of 500 books, I average about $300-500 in profit for Amazon, and it takes about 6 hours of work.
Often times, there are many books that are not scannable - no ISBN, no Barcode, no Amazon listing.
This is where it gets tedious, and also very rewarding.
I research, or pay my sister to research, old and antique books that cannot be sold on Amazon.
Over time, this has paid off very well (examples below).
I research, or pay my sister to research, old and antique books that cannot be sold on Amazon.
Over time, this has paid off very well (examples below).
I don't have time to do this as actively as I once did.
However, the fact that I did it for so long allowed me to build a nice library of around 100 books that still sell from week to week.
If you are just starting out as a flipper, do the following:
However, the fact that I did it for so long allowed me to build a nice library of around 100 books that still sell from week to week.
If you are just starting out as a flipper, do the following:
Go to local missions (not Goodwill) and scan books.
Tell them you are a reseller who buys books, and ask if they have any books in the back (I have made $1000s this way)
They will bring out books that have not been picked through yet.
Tell them you are a reseller who buys books, and ask if they have any books in the back (I have made $1000s this way)
They will bring out books that have not been picked through yet.
Keep an eye out for:
-Textbooks
-First editions
-Complete sets
-Horror / unique cover designs
-Obscure looking books / niche religious books
-Textbooks
-First editions
-Complete sets
-Horror / unique cover designs
-Obscure looking books / niche religious books
Contact estate sale companies in your area and tell them you haul away books for free.
If they decline, you could also say you will haul them away for 10% of the estate sale price.
Not everyone will be a winner, but if you do this enough, you will average a good profit.
If they decline, you could also say you will haul them away for 10% of the estate sale price.
Not everyone will be a winner, but if you do this enough, you will average a good profit.
Consider hiring a neighborhood kid or family member to help you do research and clean up books.
It is not easy work - it pays to have help.
It is not easy work - it pays to have help.
If the supply in your area is abundant enough, you can make a good living just selling used books or creating used book bundles.
Here are some examples of books that I have sold:
Here are some examples of books that I have sold:
Buy Cost: FREE
Sell Price: $40
Sell Price: $40
Buy Cost: FREE
Sell Price: $40
Sell Price: $40
Buy Cost: FREE
Sale Price: $20
Sale Price: $20
Buy Cost: FREE
Sale Price: $245.50
Sale Price: $245.50
Buy Csot: $5
Sale Price: $349
Sale Price: $349
Did you learn something? Please help others learn by retweeting the first tweet below.
https://twitter.com/oliverflips/status/1427372151955464193?s=20
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