Tuesday, May 22, 2012

Online Bookselling A Practical Guide with Detailed Explanations and Insightful Tips

October 2, 2009 by sgtwak  
Filed under Uncategorized

Online Bookselling A Practical Guide with Detailed Explanations and Insightful Tips




This book has everything you need to start your own home-based online bookstore and more. It covers: where to buy the books worth reselling, the various available online marketplaces and the advantages/disadvantages of each, how to price and grade your books, how to safely store your books with ease of locating them in mind, how to plan your business, the legal structures of online bookselling businesses, in-state retail sales tax and Schedule C tax issues, how to pack your books to minimize “escapees,” thrid-party wireless lookup service, inventory management software providers, re-pricing tools, online postage services, websites & advertising, shipping methods & trade-offs, how much to pay for books, shipping material suppliers, an exhaustive list of wholesale & remainder book distributors, and much more. The author has included graphs to demonstrate how long you might expect to wait to sell a book with a given Amazon sales rank, histograms of profit distributions you might expect, tables of Roman Numerals, photographs of packing procedures & bookseller terminology, etc. With this book as your guide you are well on your way to being a successful online bookseller. Printed in Times New Roman 9 pt font.

User Ratings and Reviews

5 Stars Very detailed
I love this book it has all the usefull details that ohter books seem to gloss over it is really usefull.

5 Stars Excellent bookseller’s resource!
This book is an excellent resource for online booksellers, new and experienced. It contains lots of practical tips on everything from what books to buy, how to price, inventory management, where to list, packaging & shipment. Online bookselling 101!

5 Stars A DEFINATE WINNER!
I am new to the online bookselling business and bought several books on the subject before I found Mike’s. This is by far the most thorough of them, very detailed and easy to follow.

I did have some questions for Mike and being he was so nice to put his email address in the book I contacted him, he couldn’t have been more helpful and gracious!

I believe with this book as a good foundation that I will be selling books in no time.

Thanks Mike!

5 Stars Best book about bookselling book from a business angle
Of the handful of good books about online selling, this one is by far the best from a strictly business end, and the author also published a book + CD about bookkeeping for this type of business. This CD was included with my CD, however, I prefer to use Quickbooks directly.

The appendices are not as extensive as those of some others,but I think if I were to limit myself to one book about book selling, this would be the single book I would choose. What he does talk about is usually the best, however I do differ from him on some of what he says. I will not even say it here simply because I do not want competition, but it is always great to keep your eyes open to how others might be making money online, with bookselling or anything else.

I like MOSTLY what he has to say about sources to get books, but really this would depend on what kind of area you live in. For me this would mean my immediate area and also the larger general county in which I live.

I also like what he says about trying to resale remaindered books, and how it is hard to make a profit. I have watched this over and over with lots of really intellgent people, as their house start to pile up with 1000s of unsold books, not even realizing that it is obvious they are not selling them. I think it is possible to do this, but you would have to look long and hard, evaluate books thoroughly, and really know what sells.

There are some other things I disagree with, but some things the author just may left unsaid. This author does not, as far as I know, do anythig but sell books online, which is a giant plus for me.

5 Stars Great book for anyone considering the business
Michael Mould has done an excellent job providing the nitty gritty details of what is involved in being an online bookseller. He has included some very helpful spreadsheets on a CD as well. In addition, he has started a website that is an excellent resource for anyone wanting to learn more about the business. I highly recommend the book!

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