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Online Booksellers Can Add New Books From Wholesalers For Resale On Amazon, Ebay
Selling new books on an Internet marketplace is a tough, low-margin business due to the aggressive discounting by Amazon of 30 to 40 percent for popular titles in recent years. Normally the biggest discount you?ll be able to get on new books from a wholesaler is around 45 percent. That leaves little room to cover costs like returns, lost packages, damaged books, and other mishaps. But this business model can work, and there are several sellers who sell thousands of the latest bestsellers right on Amazon Marketplace, just a few cents under Amazon?s price. Of course Amazon gets the vast majority of the sales because of their name brand and free shipping offers. But some buyers will choose the Marktplace seller for a single item since standard shipping is $3.49 versus $3.99 from Amazon. With such a small profit margin on the top bestsellers, some sellers of new books opt not to compete with the most popular bestsellers. Instead, these sellers search for steady sellers in the 100,000 Amazon sales rank range that are not heavily discounted. Unfortunately several Amazon Marketplace vendors have been known to game the system without actually having the books on hand. Sellers advertising an item for sale should have it on hand for immediate shipment. The following is a listing of new book wholesalers who service retailers:
Ingram Book Co. of Nashville is the largest U.S. wholesaler to independent book dealers, serving about 9,000 retailers including Amazon itself. With five regional warehouses, Ingram manages next-day delivery to nearly every address in the United States. Ingram will want to know if bookselling is your primary business. If so, you may be eligible to establish an account. If not, it would be necessary for you to purchase at least $5,000 in inventory annually. Initial orders must be for at least 100 books or a wholesale value of $500 or more. To be eligible for an account with Ingram or most other wholesalers you will need to provide your resale certificate or tax exemption certificate number, which you should obtain from your state?s tax department. Baker & Taylor of Bridgewater, N.J., is the primary alternative to Ingram. Baker & Taylor carries more titles than Ingram, but is more oriented toward schools and libraries. See a real-time list of the most highly sought after used and collectible books. Read more free articles on selling used books profitably online: http://www.weberbooks.com/selling/selling.htm Steve Weber is author of "The Home-Based Bookstore: Start Your Own Business Selling Used Books on Amazon, eBay or Your Own Web Site" (ISBN 0977240606). Got a question for Steve? Send to: steve_weber@yahoo.com
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