{"id":2612,"date":"2010-07-10T13:25:35","date_gmt":"2010-07-10T20:25:35","guid":{"rendered":"http:\/\/nachzen.net\/?p=2612"},"modified":"2010-07-10T20:12:17","modified_gmt":"2010-07-11T03:12:17","slug":"economics-of-books","status":"publish","type":"post","link":"https:\/\/nachzen.net\/?p=2612","title":{"rendered":"Economics of Books"},"content":{"rendered":"<p>So, it turns out that used books are worth almost nothing, unless, of course, you want to buy them.<\/p>\n<p>Dad&#8217;s been sending us a lot of his books, so we&#8217;ve been trying to make room by selling books we don&#8217;t want.  Most of the books we don&#8217;t want are going for $0.01 on Amazon.  It turns out it&#8217;s not profitable to sell books for $0.01 on Amazon unless you sell at least 40 books per month, because:<\/p>\n<p>Amazon charges $2.34 commission on the sale of a $0.01 book.  They also charge the buyer $3.99 for shipping, which they pass on to you.  This means that you get a total of $1.66.  If the book weighs more than 3 ounces, it will cost more than $1.66 to ship the book.  If you&#8217;re a pro-seller, you can pay them $39.99\/month, and they&#8217;ll waive $0.99 of that that $2.34.  That means you then have to ship the book for less than $2.65, which is totally doable.  But we&#8217;re not pro sellers, so we went looking for a good used book store.<\/p>\n<p>(Note, here, that if you&#8217;re looking to buy used books on Amazon, even $0.01 books will cost you $4.00 because of the $3.99 shipping.  Which is why you can often do better at a place like Half Price.  But you have to go there.  And pay tax.)<\/p>\n<p>Half Price books only pays pennies on the dollar for books they buy from you, but they&#8217;ll at least accept anything, even if they&#8217;re only going to recycle it.  Unfortunately, there are no Half Price Books in Colorado, apparently because of a trademark issue.  So we went to the Book Rack, which appeared to be our best bet.  (Amusingly, we bought a book from Half Price in Oklahoma that had, at some point, been sold by the Book Rack in Colorado Springs, according to the stamp inside.)<\/p>\n<p>We brought a box of 25 books to the Book Rack.  They were willing to buy 3 of them for $3.00, or give us $9 in-store credit for them.  The in-store credit has a catch, though, and you can only use 50% of the in-store credit on any purchase.  We roamed around the store and managed to find 6 books we wanted, for a total of about $18, costing us a total of $9.<\/p>\n<p>Goal: Get rid of some books.<br \/>\nActual Result: We brought 25 books to the Book Rack, and left with 28 books and $9 poorer.  I&#8217;m not sure we succeeded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So, it turns out that used books are worth almost nothing, unless, of course, you want to buy them. Dad&#8217;s been sending us a lot of his books, so we&#8217;ve been trying to make room by selling books we don&#8217;t want. Most of the books we don&#8217;t want are going for $0.01 on Amazon. It&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2612","post","type-post","status-publish","format-standard","hentry","category-nonclassified-nonsense"],"_links":{"self":[{"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/posts\/2612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nachzen.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2612"}],"version-history":[{"count":5,"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/posts\/2612\/revisions"}],"predecessor-version":[{"id":2617,"href":"https:\/\/nachzen.net\/index.php?rest_route=\/wp\/v2\/posts\/2612\/revisions\/2617"}],"wp:attachment":[{"href":"https:\/\/nachzen.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nachzen.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nachzen.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}