Anacortes, WA (PressExposure) January 02, 2012 -- Anyone interested in earning extra income online or even starting a new career should consider becoming an online bookseller. Unlike a traditional storefront, an online used book or magazine store can be set up for just a few dollars and in hours instead of months. Amazon.com is the best place to sell used books and eBay is the best choice for old magazines.
Over $9 billion worth of used books and magazines are sold in the U.S. and Canada every year - everything from textbooks to romance novels - and the online marketplace has been growing at 20% plus yearly.
The fastest growing segment of online used book sales is how-to books, as people are always looking for solid do-it-yourself information on topics ranging from antique refinishing to pet raising.
Best of all, many older how-to books still bring top dollar, as the information they contain is timeless. Many have risen dramatically in price since they were first printed. For example, Seth Klarman's investment book, Margin of Safety, originally costing $25, now brings over $900 on Amazon.
Used magazine sellers have similar stories, with old Life or Saturday Evening Post issues with a cover price of 25 cents bringing $50 or more. Why? A celebrity on the cover, or a cover by a famous illustrator such as Norman Rockwell can boost the price to over $100. Even an ad page inside the magazine can do it. A good example from the 50s is Ronald Reagan selling cartons of Chesterfield cigarettes as the perfect holiday gift.
Most online book and magazine sellers start by scouting local garage and estate sales, as well as local library book sales. Because the books for sale are constantly changing, book scouting can be like a never-ending treasure hunt. Unlike a treasure hunt, most book buyers win with each book they purchase at a garage or estate sale, as they know what books or magazines are in demand online.
To help newcomers learn more about this fascinating business, Headstart Publishing has released a free mini-course about buying and selling both used books and magazines. The 7-part course includes:
* How to sell used books and magazines online.
* What books sell best online.
* Seven steps to profit selling used books on Amazon.
* How to make money selling old magazines online.
* Five ways to make 800% profits with old magazines.
* Five secrets to making a profit selling used magazines on eBay.
* How to turn used books and magazines into gold.
Now could be a great time to start this recession-proof business, with start up costs of just a few hundred dollars, low overhead and high profits. Interested readers can sign up for the free mini-course at: http://usedbookbusiness.com