How I Made Over $250 Profit From Flipping 6 Books
You can do this too!
If you are interested in learning about a side hustle that can help you:
Pay off debt
Increase your income
Teach you business skills that college’s don’t even teach
You’re in the right place.
If you’re eager to get going, grab my Book Flipping Guide here.
If you want to see some examples of what’s possible, then keep reading.
Book #1
We are starting off with a straight forward flip that was quick. It sold in less than two weeks after purchasing it for $34.
It was purchased on Amazon and then sold right back on Amazon.
For those who may be reading one of these posts for the first time, yes this is possible.
It is not against the rules if you aren’t re-selling items that have Prime shipping on them.
It sold for $80.
Cost Basis: $33.98
Sale Price: $79.95
Fees: $18.93
Profit After Fees: $27.04
ROI: 80%
Book #2
Regular readers will not be shocked to see another video game guide.
They are some of the better options out there for flipping with very solid ROI.
I bought this one for $30 on eBay and it sold for $100 on Amazon.
Cost Basis: $29.95
Sale Price: $99.95
Fees: $22.77
Profit After Fees: $47.23
ROI: 158%
Book #3
It is rare that I ever purchase more than one or two copies of a book title.
This is because the idea of book flipping arbitrage is to get in and get out quickly, that way you don’t have to fight other sellers.
When you have a ton of inventory, that leads to having to undercut anyone that jumps on the listing with the same condition book.
Getting in and out with a single copy makes sure you get your profit and move on.
This is why I recommend expanding broadly, with as many different books as possible.
However, as you can see I grabbed five copies of this book.
Why? It was such an incredible deal at $39. This is the only time I’ll push the quantity.
One sold for $150 almost immediately after getting stocked, which is the highest ROI on this list.
Cost Basis: $38.85
Sale Price: $149.95
Fees: $29.24
Profit After Fees: $81.86
ROI: 211%
Book #4
We are back to another eBay purchase on this one that I paid $30 for.
This is a book I have flipped several times, which makes finding flips in the future easier.
You should always set alerts for books you have previously flipped. It’s the main way to get more efficient with this business.
It sold for a cool, calm, and collected $90.
Cost Basis: $30.00
Sale Price: $89.95
Fees: $20.97
Profit After Fees: $38.98
ROI: 130%
Book #5
I grabbed this book for $37 in brand new condition. Not only was it in perfect shape, but the code was unused.
It sold for $90 back on Amazon.
This is almost a mirror image sale of Book #4, it’s just a different book and cost slightly more.
Cost Basis: $37.23
Sale Price: $89.94
Fees: $21.08
Profit After Fees: $31.63
ROI: 85%
Book #6
The final book in the post today is another eBay find that I got for $30, which has had some great deals lately.
People often ask where I find most of my books from and the answer is almost always 50/50 between eBay and Amazon.
You can find some books on AbeBooks or from the Christian Book Store but it’s hard to find them at a profitable price.
It sold for $110.
Cost Basis: $30.00
Sale Price: $109.95
Fees: $22.81
Profit After Fees: $57.14
ROI: 190%
Conclusion
Cost Basis: $200.01
Revenue: $619.69
Fees: $135.80
Profit After Fees: $283.88
ROI: 142%!
Some people might read this and think, “Only $284 profit? Who cares!”
That would be a mistake though.
All of these books took me roughly 30 minutes combined to flip.
On top of that, these are only a fraction of all my book sales.
Want to learn how to do this yourself?
Grab my book flipping guide by clicking the button below.