CDL-Responses re online sales of gift books query

From: Lynn Sipe <lsipe_at_usc.edu>
Date: Fri, 04 Feb 2005 09:52:26 -0800
To: colldv-l_at_usc.edu
From: hammett <hammett_at_sonoma.edu>

Just before the holidays I sent out a query regarding selling unneeded gift 
books online. Thanks to all who responded.  Most responses were of the 
"We're interested, too" mode. However I've included the other responses below:

Library #1:

How did your library select an online bookseller?

Our procurement office wanted a competitive process, so we identified three
online booksellers and went with the one we perceived would give us the
biggest return.  It ended up being a local company whose up front costs were
lower because we avoided shipping charges.

Do you use more than one bookselling avenue and, if so, why?

Yes, we have a quarterly book sale and sell online.  I'd heard/read that the
customers for the different venues bought different types of material, e.g.
you can usually get a better turn over rate and return on pocket books at an
in-house book sale than you can online.  We haven't been doing this long
enough for me to confirm that assertion.

Are you happy with your choices of bookseller(s)?

Yes.  It's a local start-up company with lots of ideas and lots of energy.

Has income increased with online sales?

We've only had our material online for two months.  The first month we made
about $680 and the second month $730.  At our fall term quarterly book sale,
we brought in about $5,000.  In the past, we had an annual book sale that
brought in about $10,000.  We'll see how the year goes.  If the past is a
predictor of the future, then our income should increase.

Overall, your current approach to sales worth the effort?

I hope so.  Only time will tell.

Any additional comments are welcome.

Our gifts coordinator is the person who sorts, boxes and prepares our
surplus material for both the online book sale and the in-house one.  A
student assists in this process.  The in-house sale is extremely staff
intensive because we recruit volunteers from throughout the library to help
set-up, run and take-down the sale.  We continue to hold the in-house sale
not only for the money but because it is a form of community outreach. Our
library has had a book sale as long as anyone here can remember and many of
the local and regional community look forward to the event.
------------
Library # 2:
We haven't tried this but I just bought a book from a third party vendor 
through Amazon. When it arrived, I wasn't happy to discover it was a 
library discard, complete with date due slip, old mylar cover, and call 
number. It isn't even stamped "discarded". If libraries are going to sell 
online, I hope we prep the discards better. Otherwise, I think the process 
holds potential, if the costs balance out, and will be curious to hear the 
results of your survey.
------------
Library #3:
How did your library select an online bookseller?

We first started with librarybooksales.org. Though I don't remember how
I heard about it, there was something intriguing about a site that sold
only books from libraries and friends.

Not too long later, we started selling books on amazon.com. There was a
lot more exposure there and entering books to sell was fast and easy.

Do you use more than one bookselling avenue and, if so, why?

We are still using both. We first try amazon and, if the item is not
listed, we put the book on librarybooksales. We're selling about 2-3
books a day on amazon and only 2-3 books a month on librarybooksales.
The latter has a limited customer base and is not indexed on meta search
sites like abebooks, bookfinder or addall.

Are you happy with your choices of bookseller(s)?

We'd always like to sell more; but, both sites have their strengths and
weakness. Overall, though, we're happy.

Has income increased with online sales?

Definitely. Books would otherwise sit around for up to a year waiting
for the annual Friends' sale. And then, many would not command the
prices we get online. BTW, we don't list anything
under $5 online and the Friends' sale starts at $2.

Do you have a policy/procedure document for selling the process? If so,
may
we see a copy?

We don't; but, that's a good idea. It's probably more difficult to put
down on paper than it is to do. There are several decision points in
what to sell where and at least 2 people involved in the process.

Overall, your current approach to sales worth the effort?

Not really having costed it out (time, materials, postage, etc. vs.
income), I guess it's worthwhile. We're bringing in money and putting
books in the hands of people who want them.

Any additional comments are welcome.

Selling books is fun. It's also a lot of work, especially in writing
accurate descriptions and pricing. It takes a certain mentality and
aptitude, too.

We don't sell ex-library books ... just a personal thing, I guess.
------------
Library #4:
How did your library select an online bookseller?

At first I selected half.com because they paid by check at that 
time.  After I obtained our internal banking  info (necessary to be paid by 
automatic deposit), I switched to Amazon.  I looked at other venues 
(abebooks, Alibris, Barnes & Noble, eBay) but rejected them because they 
either charged a listing fee up front (as opposed to Amazon, where the 
commission is subtracted from the proceeds) or they required a much higher 
volume of selling that I was able to handle.

Do you use more than one bookselling avenue and, if so, why?

As described above, I started out selling only on half.com, because they 
paid by check and because for some reason I could sell titles that weren't 
in Amazon's database.  I guess other sellers had the ability somehow to 
enter titles that were not already there.  Later they stopped paying by 
check, which made them less attractive.  When later they were acquired by 
eBay, they cleaned up their database and removed basically anything without 
an ISBN, which made selling there even less attractive for me, because I 
lost my ability to sell books which were not in Amazon..  At that point, I 
stopped selling on half.com.  I also think that Amazon's user base is much 
larger than half's.  The nice thing about half.com was that your listings 
never expired (Amazon gives the seller 60 days, then they expire and you 
have to relist your titles if you want to keep offering them); however, the 
downside of half.com was that you had to actively keep checking to see that 
your prices were competitive, whereas with Amazon you just click to each of 
your listings from the emailed expiration reminder.

Are you happy with your choices of bookseller(s)?

Yes, although sometimes I wish I could sell on Alibris, because those users 
are mostly academics and some of the stuff I sell is pretty esoteric.  I 
sometimes feel that the market for my stuff is not a great match for 
Amazon's user base, but I think do as well as I can with my options.

Has income increased with online sales?

Yes, this beats a selling price of $ .25 or $ .50 per book selling from a 
little shelf at the circ. desk, which is what we used to do.  Under the old 
scenario, the university got that money, which annoyed me, so I arrranged 
for my Amazon proceeds to go into the library's materials budget.  Last 
year, my proceeds were around $2,200 and we were able to buy additional 
books with this money.

Do you have a policy/procedure document for selling the process? If so, may 
we see a copy?

Nope, don't have a written policy. This is a one-person operation: I do 
everything -- I list the titles for sale, retrieve sold ones from shelves 
in my office, package them for shipping, and email the buyer to say that 
their book is on its way.  If a book sells for over $10 on Amazon, then I 
will probably list mine for sale (unless there are tons of available 
copies, which  means that supply is much greater than demand).  I like it 
when I am selling a book that no one else is offering, because I can pick 
whatever price I want.  I also like when there is a buyer waiting for a 
title to become available, because that can be a quick sale.  I do exercise 
a little leeway  in selecting what to sell, as others do.  For instance, if 
the exact edition of what I want to sell is not in Amazon, I pick the best 
record available and very carefully explain how my book varies.  Usually I 
select a price lower than anyone else just to get my title visible on the 
first screen of offerings for a given title -- unless the condition of my 
book is better than the cheapest copy, in which case I price mine 
higher.  After 60 days when the listing expires, I again look at the lowest 
price and adjust mine accordingly.   My $10 limit applies here too -- when 
I have to lower my price to under about $10, I give up and do not relist 
it, because I feel it is not cost effective.  The whole process is somewhat 
labor-intensive.  The listing process takes time because you really need to 
be careful in finding the correct or the best record on which to list your 
book and also very careful in describing the book's condition.  When a book 
sells, I include a copy of the listing and send it along with the book and 
the packing slip, because you don't want your buyers coming back and 
complaining that what you sent is not what they thought they were 
buying.  Refunds are easy to process, but you'd rather not have to go that 
route, because the idea is to get rid of your stuff, not get it back.  If 
someone complains, I require that the book be sent back to me before I 
process their refund.  I got burned on this once -- a buyer complained, I 
refunded their money, and they never returned the book!  Since I began 
including a copy of the listing, I don't think I've had anyone complain 
that I sent them the wrong book.

Overall, your current approach to sales worth the effort?

Absolutely!  It's really sort of fun, looking at how the prices change, how 
the market works in terms of supply and demand.  A limited supply makes for 
a better price, unless there is no demand whatsoever!
-----------

Thanks again for the helpful responses.
--Paula
---------------------
Paula Hammett
Collection Development Coordinator & Web Coordinator
University Library, Sonoma State University
1801 E. Cotati Ave., Rohnert Park, CA 94928
707-664-3912, 707-664-2090 (fax)
hammett_at_sonoma.edu
Received on Sat Feb 05 2005 - 03:11:55 EST