Specialist and Collectors Books, an Easy
Market.
by Dave Bromley
Since I have been selling on eBay I have made an interesting discovery, it can be very profitable to buy things that nobody else wants. Let me explain, there are plenty of places to buy items to sell on eBay, car boot sales, local auctions, second hand shops and classified advertisements to name just a few.
When you consider that there are over 34 million active users of eBay and that the average local auction or sale is unlikely to attract no more than a thousand visitors this must provide opportunity. For instance I have bought car and motorcycle manuals for long out of production vehicles for as little as 50p each.
Why do they sell so cheaply? Presumably because there are not many people attending the auction or sale who are interested in restoring old vehicles the price stays low. And yet on eBay there must be hundreds or even thousands of people who might be interested in such manuals. I have also bought aviation, railway and a whole host of collectors manuals all of which I have been able to sell for 1000% or more profits.
Let me give you an example, last Sunday I went to a car boot sale and bought two volumes of a book called “The History of The Royal Navy in Malta”. Now I know nothing about the Royal Navy or for that matter Malta but I am certain that there are people out in Ebay land who are. I paid £2.50 for the two books and from past experience would expect to sell them for at least £15 plus postage.
I am finding that specialist books are proving to be a profitable area because they have several advantages. Thanks to Jiffy bags they are easy to pack, they appear to be in plentiful supply and it is not a market that has been over exploited yet.
As a starter I would recommend that you go and have a browse through the books section and see what items are attracting bids and the prices they are selling for. At the moment, mid August, the specialist book market will be a bit slow but from September as the nights begin to pull in you can expect quite a surge of interest.
Another aspect of selling specialist books is that I often get successful bidders contacting me to say that if I get any similar items connected with their specialization they would like to hear about it. This means that often when I buy a book I have a potential buyer in mind and can then make the sale for the cost of a phone call or a stamp.
For a few hours spent browsing in second hand or charity shops, car boot sales and auctions each week it should be possible to generate a regular income for quite a small outlay.