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External
Since: Jan 07, 2006
Posts: 37
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(Msg. 1) Posted: Sun Feb 19, 2006 11:38 pm
Post subject: Books for a Penny
Archived from groups: rec>collecting>books (more info?)
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How can a bookseller *possibly* make a profit on selling a hardcover
book for a penny?! I just cannot get over seeing this on eBay, Amzon,
Yahoo!, etc.
Your thoughts?
Michael |
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External
Since: Jul 31, 2005
Posts: 6
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(Msg. 2) Posted: Sun Feb 19, 2006 11:38 pm
Post subject: Re: Books for a Penny [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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On Sun, 19 Feb 2006 23:38:02 GMT, mdobson <msdobson.DeleteThis@sbcglobal.net>
wrote:
>How can a bookseller *possibly* make a profit on selling a hardcover
>book for a penny?! I just cannot get over seeing this on eBay, Amzon,
>Yahoo!, etc.
>
>Your thoughts?
>
>Michael
Sure he can, if his non-negotiable shipping fee is high enough... |
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External
Since: Jul 31, 2005
Posts: 6
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(Msg. 3) Posted: Sun Feb 19, 2006 11:38 pm
Post subject: Re: Books for a Penny [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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On Sun, 19 Feb 2006 23:38:02 GMT, mdobson <msdobson.TakeThisOut@sbcglobal.net>
wrote:
>How can a bookseller *possibly* make a profit on selling a hardcover
>book for a penny?! I just cannot get over seeing this on eBay, Amzon,
>Yahoo!, etc.
>
>Your thoughts?
>
>Michael
Sorry, hit 'send' too quick.
Sure he can, if his non-negotiable shipping fee is high enough to
cover the cost of the book, the shipping, and give him some profit.
I can buy hardcovers at the local Goodwill store for $1.00 each, and
mail them for about $1.75 or less. So if I set my shipping at $5.00,
I've made $2.25 profit. Set the shipping higher, or buy the bookis
cheaper (like at garage and yard sales, or at FOTL sales ($5.00 for
all you can stuff in a shopping bag -- that's at least ten, and more
likely fifteen books) and I can make more profit. >> Stay informed about: Books for a Penny |
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External
Since: Sep 06, 2004
Posts: 329
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(Msg. 4) Posted: Mon Feb 20, 2006 12:11 am
Post subject: Re: Books for a Penny [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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"mdobson" <msdobson.DeleteThis@sbcglobal.net> wrote in message
news:880iv11uo5pccusq8nd7q389o0id77pbvu@4ax.com...
> How can a bookseller *possibly* make a profit on selling a hardcover
> book for a penny?! I just cannot get over seeing this on eBay, Amzon,
> Yahoo!, etc.
>
> Your thoughts?
>
> Michael
One of the biggest eBay sellers (jayandmarie, formerly onecentcds)
started a little empire selling CDs, books and DVDs starting at a
penny. Sometimes they won, sometimes they lost, but never lost
much. The shipping fees (media mail, a bit overpriced) cover a lot
of overlap.
You don't pay much for a one-cent listing, and you get to the TOP
of the bottom-feeding "lowest price first" searchers.
That said, I've only used 1-cent as a starting bid twice on eBay,
and that was for items I knew would bring a huge bidding flurry.
Otherwise, I pretty much set my price and usually get it.
Kris >> Stay informed about: Books for a Penny |
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External
Since: Sep 06, 2004
Posts: 329
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(Msg. 5) Posted: Mon Feb 20, 2006 12:12 am
Post subject: Re: Books for a Penny [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
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"mdobson" <msdobson RemoveThis @sbcglobal.net> wrote in message
news:880iv11uo5pccusq8nd7q389o0id77pbvu@4ax.com...
> How can a bookseller *possibly* make a profit on selling a hardcover
> book for a penny?! I just cannot get over seeing this on eBay, Amzon,
> Yahoo!, etc.
>
> Your thoughts?
>
> Michael
I forgot: many of the 1-cent sellers actually just use that method
to "buy" names of contacts for future, higher-priced sales.
Kris >> Stay informed about: Books for a Penny |
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