Tuesday 19 May 2009

List of Best Selling Books


How To Find a List of Best Selling Books.

As a seller of used books, it would be fantastic if I could pick up a regular supply of popular titles as shown on Amazon’s list of best selling books. To find the top 100 best selling books you only need to look on the right hand side of amazons home page. The list is updated hourly and reflects high selling titles as sold throughout the day.

How to Build Stocks of Best Selling Books.

It is possible to buy books by the pallet from Wholesalers and direct from Publishers usually refereed to as 'remainder' sales. Personally buying low cost remainder books in bulk is extremely difficult as far as my investigations have shown.

If you want to purchase pallet loads of books via the Wholesalers, this can be fraught by 'dangers'. In most cases you will have little control over what titles you receive on the pallet.
You can have hundreds of books with one title, all with a low value on amazon. You can end up paying more for the books than you make back in profits.

This also applies to buying used books by the pallet, you can end up with hundreds of books that are unsuitable for sale on amazon. such as Readers digest condensed books and coffee table books that weight 3kg and with a value of 1p. You may well be asked to pay hundreds of pounds for 'rubbish' stock.

How Much Profit Can you Make With Best Selling Books?

The price value of new popular fiction and indeed popular non fiction books tends to drop sharply once they get onto Amazon marketplace for sale. Both new and used copies of the same title can be priced at 1p plus £2.75 postage cost on amazons marketplace. As a seller you will be competing with Amazon who also sell newly published titles, often for much less than the high street. So it will depend on how little you pay for newly published stock as to how much profit you make.

It is likely that you will be unable to ask what price you like for new titles on amazon market place. There is a lack of Pricing Autonomy due to Amazon policy of not allowing marketplace sellers to set prices at a higher rate than amazon.

You are also squeezed by amazons postal pricing policy due to amazons free postage rate for orders over £5. As a marketplace seller your buyers are charged a postal credit of £2.75 (UK) levied against each item sold, thus you will not have any leeway to make profits over and above amazon’s prices.

How You Can Compete with the 'big boys'!

In my experience it is very difficult to pick up pallet loads of mixed books at a reasonable price in order to compete with the 'big boys. Even if it were possible to get hold of books that would likely be on amazons list of best selling books, in all probabilities the outlay costs would be sky high. Great if you shift them quickly whilst prices are relatively high to make you a profit, but disastrous if not. Imagine stocking hundreds of titles that cost more than you would ever receive selling for low value on Amazon!

As a used book seller I am quite happy to buy books in bulk from charity shops and car boots for pennies. I do not really want to compete with dealers who sell new books. You cannot go too wrong buying books cheaply from car boots and charity shops if you aim for niche titles and out of print uncommon titles. These are the type of books that can command very high prices on amazons marketplace and can bring in fantastic profits.

I often buy books for less that 50p and sell for over £20. Granted few books I buy will be on amazons list of best selling books. However, my average cost for for books is 25p whilst most new wholesale book will cost £1 each or more. I most often cover the cost of 100 books just by selling 1 book from the batch, all the rest representing pure profit. This certainly will be extremely unlikely if you purchase a pallet of remainder books from a publisher or wholesaler.


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