On-line Book Sales An Untapped Fundraising Stream How It Works • Select special interest books with limited local market • Monitor book selling websites to learn the market and prices • Determine the best site for listing the book • Signing up to sell is easy • Monitor email daily • Package and ship with a day or two The Costs • Selling on-line is time consuming • Researching the metasearch sites is time consuming • Packing supplies will be necessary • Some sites charge up front or a monthly fee • Shipping and returns Going It Alone • Resources: amazon.com (library shop on main) + abebooks.com+ bibliofind.com + e.how.com +bookfinder.com + campusl.com + thecheapestbook.com + eBay.com + upperbid.com + IOffer.com • Verifying author signatures – historyforsale.com + galleryofhistory.com • Selling books at auction sites • ARC sites • Local book stores as jobbers • Good reads - Stephen Windwalker books, blog and articles Mississauga Library System • New books – sold at City of Mississauga e store – billing, logistics, marketing handled by e store staff • Friends of the Library – used book sales listed on web site and work through local book store Turtlecreek Books • Better World Books Better World Books • Better World Book offers a no cost program to help libraries manage their excess donations and withdrawn books. • BWB sells on 23 online marketplaces and then shares the proceeds with the Library. • BWB is a socially responsible company sharing finds and books with literacy groups around the world. Betterworldbooks.com • • • • Take excess discards and generate revenue Cover all shipping costs No contracts or service agreements Prescreen tool (RUFIS) allows libraries to maximize returns (other language materials big hit) • Antiquarian, rare and collectibles team • Quarterly commission for directing customers • Committed to the environment C is for Collaboration • In 2002, Amazon announced at year end that 50% of the orders it received were for used products coming from 100,000 different online sellers • In 3 months increased to 150,000 different sellers and online sellers increasing exponentially Issues • Online book selling is at a saturation point for mass market paper backs and best sellers • Price competition of third party sellers • Increasing number of corporate sellers (publishers, distributors, book stores) • Universal catalogs • Low balling • Library and charity competitors HR Issues • Volunteer power – limited • Staying up to date with message boards and researching is time consuming • Subscriptions to publishers material is expensive • Registering online • Establishing an identity for your online book store • Suppliers, shipping and handling returns and credits • Lack of expertise especially ARC items