Productivity & Random 18 Jul 2007 09:35 am
Selling used books on Amazon rules
I sell most of my old textbooks on Amazon, especially if I think I'm not going to use them again. I listed two organic chemistry books last night. Within 45 minutes of listing the textbook, it was sold.
I think I paid ~$160 for the book, and it was sold for $140 used. Talk about recouping costs on used books!
The secret is to sell it as soon as the class is over lest another edition take its place and undercut its resale value…
The other secret(s) are to 1) not abuse your books and 2) sell it at a reasonable price that's on the lower side, but not the lowest price you see. People automatically shy away from the absolute lowest price because they think they're going to be getting an inferior product. Use that to your advantage. Price it on the low side, but don't make it the lowest price.