By Michael Gormley
College textbooks are expensive and hard to sell back with good return rates. What do students do if they don’t need their old textbooks and want to sell them back while making a profit rather than a loss?
For students looking to sell for better return value, Ebay may be one of the best to handle the task. To be someone who can sell efficiently and correctly will take dedication and knowledge beforehand
The first step that is required in selling is getting the idea of what you want to sell. Whether it’s something of minimal value like a dictionary or something high end like an advanced calculus textbook, the product’s quality and value will determine how it can be sold.
The next step is a precautionary one. You have to make sure you have not only an Ebay account but you also need to have a PayPal account. Transactions on Ebay are usually only covered if you have some sort of legitimacy identification.
The easiest way to verify your account is to create a PayPal account with your contact info. You can also add a bank account or credit card to verify your account. Doing this will not only help with the legitimacy of your selling account, but it helps assure customers that you are not attempting to scam them.
Once you get the Ebay account and Paypal account in order, your next step is readying the item for sale. To do this you need a photo and a description of the item that could be posted for the listing.
You need to make sure that the price is of reasonable value for the item and able to compete with other potential sellers if this item has other sellers in the market. The shipping rates must also be priced within reasonable value to the item’s size.
After the item has been posted on the site, it’s important to keep checking the bids and answering any questions that bidders may send you.
You also have to be careful of people who intend to scam you of an item. The best way to look out for these individuals is to check their legitimacy. Most legitimate Ebay buyers have some sort of contact info and often have feedback on their accounts from previous transactions on the site.
Checking feedback on a potential buyer can also help determine if they are legitimate. If they have lots of Positive feedback, then it’s likely that they are legitimate and trustworthy buyers. If they have any negative feedback or neutral feedback, consider the options and dangers of selling to this person. You don’t have to sell an item to someone you don’t trust.
Depending on the item, the item may not sell well initially. You can use Ebay and outside sources like Twitter and Facebook to advertise the item to your friends and other potential buyers. There may be additional fees if the item is being advertised using outside sources not offered by Ebay, but the fees are often small and won’t be charged to your account unless the item sells.
After the item sells, it’s important to take note of where the item is going to be shipped. The item has to be packed securely in a box that can stand travel conditions. The service provider’s offered though Ebay for shipping usually come down to either UPS or USPS. If the item is sold within close proximity of your home, there is an option for personal delivery.
Payments that are received for the item will be transferred to your Paypal account. When you receive these funds, it’s important to print a shipping label immediately using either these funds or any money you may have linked to your account from a credit card or outside bank source. After this shipping label is printed, make sure to place it on the box with the item in a secure fashion along with secure material for the item within the box.
After the item has been sold and shipped to its final destination, then congratulations! You should have the money from the transaction ready and positive feedback should have been received from both sides of the transaction.
The process of selling on Ebay can be straightforward, but many students are used to selling back the books from where they first bought them, this place often being the school’s own bookstore. Unfortunately, the bookstore doesn’t always offer the same return values as Ebay.
“I sell them at the school’s bookstore where I also bought them” Steve Earley says when stating his usual method of sell back. “Although when it comes to the bookstore, they don’t really give you the best deal. I know they need to make a profit, but you won’t likely make as much back compared to spending.”
“I would usually go and buy them in person because buying them online may be efficient, but they usually take their time to arrive back” Perry Rurup says when speaking about why he uses the school’s bookstore over Ebay. “The books I bought cost roughly $280 combined and I only got back $70 after I was done with them. Not the return value I wanted, but it was better than nothing”.
“Getting my books from the bookstore or getting them online can depend on what book I need sold” Zack McCall says. “I find it easier to do online that in person. The return value can be dependent on the books being sold, but the convenience of selling online is more preferable”.
Some students realize the importance of Ebay on creating more value for your sale, but many students stick with the Bookstore for convenience over money return.