Thursday, December 22, 2011

Updating The Prices Of Your Books

There will often be other individuals and companies selling the same books that you are attempting to sell. The book which is selling for the least amount of money will appear first in the search results when someone types in the IBN on Amazon or Half.com. For this reason you must always try to sell your books at a cheaper price than others who are attempting to sell their copies of the same book.

You do this by regularly updating the prices of the books in your inventory. Drop the price of your book .01 (one cent) lower than the lowest price listed by other sellers. For example, lets say seller XYZ is selling a copy of Intermediate Algebra for $35.00. XYZ’s $35.00 sales price is lower than all other sellers of the same book. XYZ’s copy of the book will be offered for sale first as the result of an ISBN search. Simply because XYZ has the lowest sales price. You must update the price of your copy of Intermediate Algebra to $34.99. This will make your copy of the book .01 lower than seller XYZ’s price. Now your copy of Intermediate Algebra will appear before every one else's whenever a buyer goes to the site searching for a copy of Intermediate Algebra. Buyers often purchase the least expensive book listed. Even if they will only save one cent. I update the prices of the books in my inventory every 2-3 days. There is currently 416 individual titles in my inventory. It takes me about 1 hour to update all 416 book prices.