Electronic Lists
Collectors come in all shapes, sizes and interests and they are all over the world. Demands are immense and you will be amazed at the pace at which used books can sell. That does not mean there aren’t slow times but books move very fast into the hands that want them.
The key is they want them. Someone told me once that you can never make any money selling something that people need- you only can make money selling things that people want. And it’s 100% true. I talk about this in the section on marketing, but the point here is that the market for used, OP and rare books is voracious and I don’t see it letting up. In fact, I believe it will get larger as baby boomers have more leisure time (and money) and begin thinking about and accumulating books written in the ‘good ‘ol days’- before the year 2000.
The Internet has completely changed the way used, OP and collectible books are bought and sold. Some of the electronic lists I’ve posted books to I’ve gotten responses of 80%- so for every 10 books listed I have sold 8. That’s a pretty good response. The more remarkable thing about that is that I have made substantial profits on the books sold- profits sometimes in excess of 724 times what I paid for the book! Tell me any other business where the profit margins are that high? In on-line auctions (like those held on Ebay) I’ve sold closer to 95% of all the listings I’ve put up. In fact, if you’re so inclined you could work the auctions almost exclusively and make a very good living.
This system reveals all the secrets I use, I hold nothing back. At one time I thought that I would never tell anyone about what I was doing because I didn’t want to ruin the opportunity for myself. But now that I have been doing this for many, many years I realize the market is much bigger than I am and that helping you in no way hurts me. The market is just too big, and it’s global and it really doesn’t care what I think- it just keeps moving forward. And I’m glad it does because that means there is almost always a market for my books.
I’ve received orders from nearly every state in the US as well as orders from Japan and Malaysia and Singapore and England and Norway and Australia and more. I’ve posted books on a Internet newsgroup and received inquiries from all over the world.
Everyone is interested in buying, selling and collecting used, OP and rare books. Here’s a very valuable suggestion: If you can translate your book descriptions or have them translated into German or French or Japanese you will make a lot more sales.
Foreign collectors of American literature are plentiful and lurk (watch without participating by posting responses) newsgroups and electronic mailing lists looking for books. You will certainly increase your sales if you can provide this service to overseas collectors and dealers.
Let’s dissect the statement I made earlier: “Certain books are valuable because someone wants it and is willing and able to pay the price to own it”. We will be able to see why certain books are valuable and others are not and then how we can profit from this information.
© 2010, Work At Home Covert Opps!. All rights reserved.
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