People who sell books online through Bookscouter.com may have noticed that Amazon.com has bids on some of their books. There are bids on these books from Amazon.com’s Trade-In Program, which means Amazon will buy these books from you directly, just like a normal buyback company would do.
If you sell your books through Amazon’s buyback program, they will only pay you in trade credit, not cash. This is different from most buyback companies. I don’t know. Let’s look at it one by one:
Selling Books for Trade Credit
For example, if you want to sell your books for cash, you’ll send them to a company that buys back books. The company either sends you a check or pays you electronically through your PayPal account.
When you sell books for trade credit, it’s a little different. When you get paid in trade credit, the buyback company opens an account for you on their website that you can use to pay your bills. A trade credit account is set up when the company gets your books. They record your payment in that account when you pay. If you keep selling books to this company, more trade credit will be added to your online account, which you can use to buy more books. Use your trade credit to buy textbooks, movies and other things at the store after that. In the same way that most buyback companies do, you get a free shipping label when you sell your books for trade credit. This means that you don’t have to pay to send your books.
How to Use the Amazon Trade-In Program to Sell Your Books for Trade Credit
Go to the Amazon Trade-In page and type in the ISBN of each of your books in the “Amazon Trade-In” search bar. You can then see how much trade credit Amazon will give you for your books. Amazon will show you how much trade credit they will give you for your book, and you can see how much they will pay. If you like the price, click “Trade In.” This will take you to the page where you can confirm your order. It says, “I have checked that this ISBN is correct.” Check the box next to it. Click the “Next” button.
People who have an online account with Amazon will have to sign in to that account to buy things from them. Create an account if you don’t already have one. Fill in your name, e-mail, and a password that you made up. As part of the process, you’ll also need to give Amazon an address that they can use on your pre-paid labels. This is the last step. You will see your Order Summary, which is where you can enter more ISBNs to add to your trade-in list by typing them into the “Search for more items to trade in” search bar. After you’ve traded all of your books, click the “Confirm Trade In” button to make sure that you’ve made the right deal. You’re all done now! Print your free UPS shipping label and order slip, which lists all the books you just sold, so that you can send them. Place the order slip in the box with your books, tape the shipping label, and send your package to the UPS store near you.
Benefits to Using the Amazon Trade-In Program
They don’t like selling books for trade credit through the Amazon Trade-In program because they don’t like getting money for them. For extra money, they’d rather open a Seller Account on Amazon and sell their books to the public, or they’d rather sell them for cash through Bookscouter.com to a buyback company they find. Amazon’s Trade-In Program, on the other hand, is a great way for you to get money for books you no longer want. You can use your trade credit to buy anything on Amazon.com!
Think about that for a while. Amazon.com sells everything: books, DVDs, electronics, toys, games, clothes, sports equipment, and so on and so on and so on The list keeps going and going. And your Amazon trade credit can be used to buy all of these things, as well as other things. It’s not just the “official” Amazon.com store that you can use your trade credit for. You can use it to buy anything from any Amazon seller. In Amazon’s online market, the trade credit is seen as money because it shows up in your online account like an Amazon Gift Card. When you use your trade credit, third-party sellers get paid in cash.
Getting Huge Discounts on Amazon
Want more good news? My cheap books make a lot of money for me when I trade them in at Amazon.com. Many times, I can send $25 worth of books to Amazon and get $100 worth of trade credit back in return. That’s like giving yourself a 75% discount on everything you buy on Amazon.
When you buy hundreds of dollars worth of Christmas gifts, this is a great way to spend less than 50 dollars of “real” money. This is a godsend for people who have to spend a lot of money on Christmas gifts. Students can also set up a trade credit account so that they can buy cheaper textbooks for college from other people. Keep trading books all year long, including your textbooks if Amazon has a good deal for them. Then use your trade credit to buy next semester’s textbooks at a discount with the money you earned from trading.
Should You Always Trade Books For Amazon Credit?
No. Some Amazon trade credit bids on books are great, but most of them are very low compared to what you can get for your book if you sell it somewhere else.
It’s important to figure out how much money you can make if you put your book on sale in your own online store on Amazon.com. Sometimes, it’s better to sell the book yourself. (And if you want to learn some great ways to sell your books faster and for more money on Amazon, check out my new Sell Books Fast Online eBook series.) People who buy back books on Bookscouter.com may also offer you more money for your book than the other buyback companies on Bookscouter.com do.
Not all the time, selling books online for trade credit may not be the best thing for you to do. The Amazon Trade-In Program isn’t always the best option for people who need or want cash more than trade credit. They’d rather sell to a different company than the Amazon Trade-In Program.
Amazon trade credit can be hard to get at first. If you can wait a few months and build up a lot of credit, you’ll soon be able to buy almost anything you want from the site at great prices. *If you want to see trade credit bids from Amazon.com on Bookscouter, you’ll need to sign up for a free account on Bookscouter first. If you haven’t already, read my article and I’ll show you step-by-step how to set one up. I’ll show you how to do it.