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Reselling Books

Projected Income Around $100-$3,000/ month
Costs to Start $50-$500
Time to Start 1 week
Category Reselling Things
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Our Side Hustles Breakdown

The world of book reselling can be both passionate and profitable. There’s always a market, whether it’s rare editions, bestsellers, or academic textbooks. However, success requires understanding genres, edition value, and market demand. You may also end up making losses on some editions due to a lack of demands.

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cons-icon Cons

  • Space Requirement: Stocking books requires space and proper storage to prevent damage.
  • Slow Inventory Movement: Some books might take longer to sell based on demand and genre.
  • Digital Competition: E-books and online resources pose competition to physical books.

pros-icon Pros

  • Diverse Markets: The audience is vast, from collectors seeking rare books to students needing textbooks.
  • Sustainability: Selling second-hand books promotes eco-friendliness by recycling and reducing waste.
  • Low Start-up Cost: Begin with personal collections or source from garage sales and thrift stores.
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Brett
18 Sep 2023
5.0 Compensation
5.0 Available Work
5.0 Startup Costs
5.0 Technology

Review

Reselling books was my go-to side hustle in college. I would wait outside the book store, and offer people in line to resell their books to the book store more than they were about to receive. I would then turn around and resell the books for more online. A classic case of retail arbitrage.

This side hustle took quite a bit of time, but the time was well spent, as the resale value of the books was oftentimes nearly double what I bought them for. When bought and sold in volume, this most definitely earned good money for me.

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