Jordan Malik has a great video here about his adventures in selling books on Amazon as well as VHS, Cassette tapes and CD’s.
Especially interesting is the section on selling textbooks (around the 3:00 mark). Jordan shows where he sold a textbook for $25. You will see that this book has 51 books listed as used (at least) and one of them is Warehouse Deals (Amazon sells used books under this name) which has this book listed at over $27 (Used-Good Condition).
You will also see many merchant fulfilled sellers of this textbook as what is called “penny books” – where they are charging 3 cents plus shipping.
Jordan explains why we CAN, as FBA sellers, compete in the textbook market – even against Amazon and the penny book sellers.
We regularly find text books, still sealed VHS, cassettes and CDs at thrift stores and the ROI is fabulous!
Rob Anderson has created several video’s about selling books including how to box them up for safe arrival to the Amazon FBA warehouse:
We love selling books. We generally stick to books we feel are worth over $25 and don’t worry much about sales rank and Amazon as competition. We are buying so cheap – if we can sell ours either matching or just under all FBA sellers and make a great profit… then we are “good” with buying books.
Sending them in to Amazon FBA is heavy work. Be prepared for heavy lifting and hauling. It’s a bonus if your UPS guy will come in and get the boxes for you so you don’t have to lug them outside.
Also… most of the books we sell are considered long-tail. We may need to wait for the perfect buyer looking for just this book. Textbooks do have seasons… but buying textbooks all year and sending them in – put’s us in a great place for those seasons.
We have found many very profitable books that we always keep an eye out for – including text books.