Matt here again! I am glad that Kathi has been writing some posts, and I am excited to start writing some of my own again.
We are back to book scouting with a vengeance again. As I write this post I have 6 little mountains of books piled around me ready to be shipped to Amazon. All in all I hope to ship out around 90 books in the next shipment.
I am so excited about this shipment because there are some very high priced, low rank books included.
Lets get started by telling the story of our latest Goodwill trip. In our town there is 3 Goodwill’s within driving distance. The closest one has by far the largest book selection, a giant corner of the store is dedicated to books. This store also has a full length shelf dedicated to clearance books. Clearance books are what I like to consider the bread and butter of our sales. Generally we won’t find a lot of good high priced books, but when we only have to pay $0.49 a lot more books fall into a profitable sweet-spot. After approx. 15 minutes of searching we had 16 books in our cart. We payed $13.37 (some books were more than $0.49) and when these books sell it should profit around $125! Not bad for 15 minutes work.
Yesterday Kathi and I decided to go to a bunch of garage sales. It was hot and towards the end of the day so we figured, sellers would probably be looking to get rid of stuff — We were right. One of the first sales we attended had one small box of books, nothing much of interest, but some were worth scanning. Just as we were about to start, the lady running the sale said if we were interested we could just take the whole box! Of course we weren’t about to turn that down and walked away with 20 free books. After scanning the value of the box was $50, not bad for a free box
After that we stopped at four or five more sales where we bought a few books here and there. But the next sale was our biggest score yet. At first I almost didn’t want to stop at this sale, there were a ton of kids clothes and toys, which generally means there will be kids books and other junk books etc.. The garage was really tiny and the lady running the sale along with her three kids were crammed in there and essentially hovering over us. All we saw were clothes and we were about to get out of there when we saw a box of books under a table. I didn’t even think we would be able to scan books without someone ask what we are doing (not that I don’t have an answer for that I just don’t want to have to deal with them, and I prefer to remain low-key) Kathi did the scanning and right away she started pulling out $40 and $50 books, and then a $70 book and a $100 book!!! they just kept piling up and most of the sales ranks were under 100,000. I was in shock! When Kathi finished scanning all of the books we had a pile of 9 books for a total price of $13. I would have gladly paid the full price, but I figured why not try getting them for less. I offered the seller $5 for the pile and she took it instantly. Apparently this lady is a student and these were her books from her last semester. She was happy to get rid of them and we were happy to buy them! When we were finished for the day we totaled up the 9 books and when sold (which should be really quick) it will bring in a profit of approx. $410!!! That’s right four hundred dollars, and the cost was five dollars, not a bad day!
Kathi and I decided we had to celebrate our great find, we went to a nice fancy restaurant and it was a wonderful night out. It just goes to show you may have a dud after dud after dud, but eventually you may come across a huge profit. Also just because a garage sale looks bad from the street doesn’t mean you won’t find something amazing!