Making a Profit From Reselling Used Books – Low Investment Side Gig!

Attention book lovers! Do you have a passion for reading and a knack for spotting a great deal?

If so, reselling books could be a profitable side hustle for you!

With the rise of online marketplaces and a growing demand for used books, reselling books has become an increasingly popular way to make extra money.

Today, I'm going into a little more detail on this in case you want to get started. So whether you're a seasoned book collector or a newbie who never reads and is just looking to make some extra cash, this post is for you.

Types of Books to Resell

You can't just purchase any used book and expect to make money. It's best to look for high-demand books, like bestsellers, rare books, first editions, textbooks, or niche topics.

Those types of books are more likely to sell quickly and for higher prices.

Where to Find Books to Resell

You can find used books practically anywhere! The best places to check are garage sales, thrift stores, library sales, or even online marketplaces like eBay, Amazon, Craigslist, used bookstores, flea markets, and estate sales.

Determining the Value of a Used Book

Determing the value of a used book is something you'll get better at as you go along. But things to check when determining the value of a used book include the condition, rarity, demand, and specific editions. Some editions of books are a lot more rare than others.

It's also pretty easy to research the value of a book online. You can look at the prices of similar books being sold on various online marketplaces and price your books competitively.

If you're really not sure and think you have something special on your hands, definitely consult with a book appraiser or book dealer before setting your price.

Where to Sell Your Used Books

There are lots of options out there for places to sell your used books.

You can sell them on online marketplaces like Amazon, eBay, or AbeBooks.

Another idea is to create your own website or social media account to sell your books! However, it can take time to establish an online presence, so your best bet may be to stick with the online marketplaces in the beginning.

How Much Money You Can Make Selling Used Books

The amount of money you can make from selling used books depends on the types of books you sell, the demand, and the pricing.

That said, with some research and effort, reselling books can be a very profitable side hustle! Over time you will learn what books to look for and what you can make for specific types of books.

Many people do this and earn excellent side income.

A Guide to Help You Start – Niche Book Profits

There is competition out there in the book-reselling world. A lot of other sellers who know what they are doing are attempting to “flip” used books, too.

If you want to start off this side hustle as someone already “in the know” so that you don't waste a lot of time with trial and error and basically leap past the learning curve that other beginners will struggle with, you may want to consider purchasing the Niche Book Profits guide so you're armed in advance with the correct information.

Niche Book Profits is a guide by Jessica Larrew of The Selling Family. I've known Jessica for years now and have interviewed her here on the blog about her successful Amazon FBA business she started from home.

Jessica has a LOT of experience in the book reselling world, and this guide she has put together gives you all of her valuable insight so you'll be one step ahead — sourcing the RIGHT books, saving you both time and money.

When you source and find the right books, they often sell for 20x or possibly 50x what you pay for them.

In addition, you'll learn:

  • The exact niches she focuses on to score in the highest selling
  • Tons and tons of examples from those niches that have been sold for wild profits
  • The top places you can source for used niche books
  • How she determines what is a good price to pay for books based on their Amazon prices
  • Everything you need to know about ranks and why it's different than all of the other categories on Amazon
  • How to rate your books so that your customers are always pleasantly surprised
  • The tools you can use to make the book buying / processing smoother than ever
  • Exactly how to price your books so they sell quickly and competitively
  • and a lot more!

Go here to purchase the guide if you want to get started with your book reselling side hustle and learn the tricks of the trade before you go out on your first book scouting mission!

Good luck to you!