(Continued from 1)
In the case of News Reporting and Writing,
B&N wasnt buying (though they may be tomorrow
or next week). They either have enough copies in stock
or anticipate a change in demand or a text update by
Overall, I find B&N more conservative on buyback,
but they do have good buyback prices on texts they do
want. They pay out about the same as Textbooks 4
Cash plus they send the prepaid shipping label.
Selling Directly to Other Students
If you have time, patience, and a place to store books,
then you can rack up better sell back prices by cutting
out the middle man. When you sell through a vendor (online
bookstore), then you split the profit. When you sell
on your own, the online company does get a small cut
(usually 15%), but you rake up the bulk of the profit.
You also call the price for the most part, so you could
take a good used book and then resell it for the same
amount you paid or even for a profit.
Lets look at News Reporting and Writing
again. You bought the text online for half the cover
price, which tends to be the going rate for online used
textbooks. Your purchase price was $27.97. The current
low sell back price on half.com (now eBay),
is $25 running up to a high of $69.52. If you list your
book at the lowest rate (and prices do vary a lot even
from hour to hour on the site depending on which books
are moving and for what price), then you end up with
a total cost for using the book of $2.97. Go a little
higher on your asking price, wait out the market, and
you actually turn a profit for using the book.
The major company in direct sales of textbooks is
Sellers list items like video games, compact discs,
mainstream books, and textbooks for sale. The seller
sets the asking price (with some guidelines offered
onsite). The price is firm unless the owner of the text
changes the amount.
According to Michael Pizzo, public relations specialist,
textbooks have become an important part of inventory.
We have seen a large increase in sales on textbooks.
It is one of our most popular sections, said Pizzo.
To sell at eBay,
you set up an account with a user name and password.
You list and describe (briefly) the condition of the
text you want to sell. Buyers look over your listing
and then can request to purchase your text. EBay notifies
you that a buyer is available. You confirm. Then, mail
the text to the buyer. EBay pays either by snail mail
or by direct bank deposit.
Is Selling as Simple as it Sounds?
Selling textbooks online is really very painless.
Most of the sites walk you through the process with
mouse clicks. You simply type an ISBN number (from the
back of the textbook) in the search bar and then either
get an instant price offer (indirect sales) or list
your text at your named price and wait for a buyer (direct
Pack your text and mail to the online company (indirect)
or the buyer (direct). The company provides the mailing
information and most email a printable address label
to run off and paste on the package.
You get paid through the online site whether youre
participating in indirect or direct selling of texts.
Payment options vary, but typically you can get a check
sent to your mailing address or a direct deposit in
your banking account.