I’ve had some success previously selling books so I decided to purchase a liquidation lot of books and makeup. The books had a manifest that included the book titles but not the isbn number. I paid $195.49 for 91 books (I haven’t counted them all yet). This was more than I would normally want to pay, but after looking up a few books from the manifest, I thought that I would at least be able to get my money back.
I paid $145.25 for 325 (I haven’t counted them all yet) makeup products. Even if I’m unable to send them into Amazon (after I got approval), I figured I could still sell them on ebay if i needed to.
Over the last few days I’ve been scanning the books and it seems like the profit that I make is going to be to be close to what I paid. I’m not sure if I’m going to be able to recoup my costs since some of the books are either slow sellers, are seriously old or are damaged. I’m still holding out hope that I’ll be able to make some money but it’s definitely going to take a few months.
My goal is to have all the books sent in by the end of the week and then I can start listing the makeup. I’ll doing sales updates over the next few months to show if this purchase was a winner or loser.
Have you purchased liquidation products before?