Friday, February 19, 2016

Selling old inventory just to get rid of it

Bought: $5.64 Sold: $13.70 Fees: $2.61 Profit: $5.45

This is the Lost Encyclopedia - a book all about the TV show Lost. I got this at VV on a day when all books were 50% off, and I thought that for sure this would sell. While it does pretty well on Amazon, I couldn't get any interest on eBay. I think a large part of the problem was that it weighs over 5 lbs, so shipping was insane. This past week this guy from Kitchener kept making really low offers, and he finally over me 50% of my asking price, but I was worried I wasn't going to sell it otherwise, and at least it moved some inventory. I have learned my lesson - I am avoiding books. eBay is just not the market for it.

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