Hi. Wow. Very informative article. I am in possession of a Dell Axim X51v. Debating about actually purchasing it. Would love to get into business of selling books online. I work for an auction company where books go for pennies or they get donated. Some even get thrown away. (sad, but true). I love books. I want a big library in my next home and have been tossing the idea of selling books for years just haven't had the storage space. I will in the next few weeks! I'm so excited.
Anyway - I've got a chance to purchase this used Dell. For under $75. I don't know exactly what I need to how to use it to look up the best books to sell on Amazon or ABE. I know I need a scanner...but $300? Really?
Can you help?
June 21, 2013
Congratulations on purchasing your Dell Axim X51v. If you start using it to buy books for resale online you're going to discover that it'll pay for itself in a very short time. Unfortunately, in order to do that you're going to need a scanner and yes, they are expensive. The good news is that if you buy a scanner for the $300 your total investment is only $375 and that can be recovered in as little as thirty days or less through book scanning.
Don't forget that you're also going to need a price lookup service such as Media Scouter or ASellerTool. That's going to cost you another $40 per month to access pricing and sales rank data when you scan using your device. Once again, don't let the monthly fee deter you. You'll easily recoup that investment and much more every single month. (If you choose Media Scouter please mention my name so that I can get credit.)
New booksellers are always nervous about the upfront costs of getting into the business. But you should try to look at the bigger picture, the one that shows you earning $500 to $5, 000 per month from your business. Viewed from that perspective, the initial investment should pale in comparison to the potential profit that you can easily make.
If you want more detailed responses, you can get unlimited answers to your questions in my bookseller's forum by going to the Forum Guidelines page and signing up for a FREE MEMBERSHIP. You'll get useful advice from me and other experienced booksellers to help you grow your business and make it more profitable. Make sure you sign up today and introduce yourself to everyone!
Bookseller, Author, Mentor
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