Archive for the ‘Tools’ Category

Top 10 Other iPhone Apps for Booksellers

Wednesday, July 8th, 2009

A lot of people in the bookselling world are buzzing about the possibility of using iPhone scanners. Unfortunately for now it seems that all that’s available are not-so-great apps that “scan” barcodes by taking a picture of them, a method that’s unreliable at best. However your daily activities as a bookseller include a heck of a lot more than just scanning for possible inventory. I’ve compiled a list of other apps that you as a bookseller can use. Here they are, in no particular order:

1. MapQuest 4 Mobile

When you’re out scouting it’s important to be able to figure out where the heck you are going. Whether you’re exploring new areas beyond your usual stomping ground just trying to get home again, this app can be a real lifesaver.

2. Quickoffice

One of the greatest things of having a device as powerful and versatile as the iPhone is that it frees you from being tied down to your computer. With this app you can view and edit your files right from your iPhone with Microsoft Word and Excel functionality.

3. Facebook

Keep in touch with your friends, family and other contacts on the go. Who knows, maybe one of them is just dying to tell you about the garage full of used books they just inherited.

4. Gmail

Just another way to keep in communication no matter where you go.

5. GasBuddy

Every expense affects your overall profit – including gas. With this app you can find the lowest price gasoline and keep fuel costs from burning a hole in your bottom line.

6 Evernote

Never forget anything again with this great app that allows you to take pictures, record voice notes and basically record anything important that you want to remember later. It even scans images and recognizes the words in them so you can search for them later.

7. Google Sync

Keep track of your Google contacts and Google Calendar, anywhere any time.

8. YouTube

Just because you have some downtime or have to wait somewhere for a while doesn’t mean you have to be bored. With YouTube on your iPhone you have millions of videos at your fingertips to entertain you. Better yet, you can check out one of the countless educational videos on the site and learn something.

9. iSpend

With iSpend you can keep track of all your expenses, categorize them and even generate reports that you can export to Excel.

10. Tetris

Because you always need Tetris. Always.

Bookselling Tools: Auto Repricing (part 3 of 3)

Friday, June 26th, 2009

As I discussed in parts 1 and 2, auto repricing is something you need to be aware of if you’re serious about selling books. Repricing can be done in different ways, but one of the ways I used to employ it is no longer an option thanks to something called consolidated SKUs.

Once upon a time, if you had multiple copies of a book you had a choice in how you listed them. A lot of sellers would individually list each copy of a book under individual SKUs. These were books with the same ISBN, same condition, everything. Back then, Amazon tolerated these kinds of seller’s listing practices.

The problem was that this led to large volume sellers practicing what’s called “page hogging”. They would list dozens of same title at a really low price so that all the buyer would see would be that particular seller’s books.

About 3 yrs ago, around 2006 Amazon started cracking down and really began enforcing the consolidating listings. Books with the same ISBN and condition now have to be consolidated into a single SKU.

That’s all well and good, but the issue, as far as repricing goes, is that consolidating the listings means that we can’t effectively age our inventory.

I used to use the age of my inventory extensively in setting up my repricing. New books would have one rule, and never be listed (more…)

Bookselling Tools: Auto Repricing (part 2 of 3)

Thursday, June 25th, 2009

Book selling is not unlike selling in any other market: price matters. Don’t get me wrong, I’m not one of those people who believes you have to always have the lowest price on every book. However, in a market where prices and demand are constantly shifting and fluctuating, you do need to know where you stand in relation to the prices that other sellers are offering. If you don’t auto reprice or manually reprice in today’s online bookselling market, especially on Amazon,
it will definitely reduce your possibilities for selling your books.

There are a certain number of buyers who will buy from me based on my Amazon rating and size. I sell books that are definitely not the lowest price, books that some sell as penny books that I list for .99, 1.99, 2.99.There are buyers who seek out sellers based on feedback. However, these buyers are in the minority, and I can’t base business model on them.
There are just buyers just don’t consider anything but the price.

It’s all about knowing and taking advantage of strategies and tactics that will benefit you. As a large volume seller I’ve automated many parts of business. It saves on labor and lowers my costs. Part of that automation includes using auto repricing.

When I was working at a smaller volume I could afford to not play the repricing game. Having become large volume seller of low margin product, this is game that large volume sellers are in. Don’t think that it hasn’t crossed my mind to go back to being a (more…)

Bookselling Tools: Auto Repricing (part 1 of 3)

Wednesday, June 24th, 2009

If you are new to bookselling, you may not be aware of one of the most valuable tools available to you to help you sell books: auto repricing.

Basically, auto repricing is done through applications which are hosted either on your desktop or remotely on the web. You set up rules for a group of listings, and the software automatically reprices your listing based on listings by other sellers. For instance, you can set it to take the lowest price for a book and either do a price match, set the price slightly higher than that price, etc. Some sellers even set the rules to set the price lower than their lowest competitor but that, in my humble opinion, is just plain stupid. You can also set up more advanced rules, for example, you can set them up to base the reprice off of the third lowest price, rather than the lowest, or set them to match condition, etc.

I’ve used a few different repricing applications over the years. There’s some overlap with the companies I talked about in the (more…)

Sell Your Used Books Accross Multiple Marketplaces

Tuesday, June 9th, 2009

If you are serious about selling used books, you don’t want to limit yourself by only listing on a single marketplace. On the other hand, creating individual listings on all the different marketplaces, Amazon, Ebay, Abebooks, etc., can be very time consuming. The best solution I have found is to use Inventory Management Tools which allow you to list across multiple marketplaces simultaneously. Here’s a breakdown of some of the major players in that space:

Fillz
Site: www.fillz.com
I currently use Fillz, and they seem to have become the leader of the pack when it comes to inventory management. Fillz can be a little difficult to get used to at first, and because of thie they actually may be changing their interface, but I really hope they don’t. Once you’ve gotten to know a little bit about how to navigate the service and understand how it works, it’s actually very logically set up and utilitarian. Fillz is a web-based tool, an example of what’s known as “cloud computing”. In other words, their service exists entirely online, as opposed to you having to actually download a program and install it on your machine. They support all the major marketplaces. Also, they’re now an Amazon company, which may bring with it certain advantages in the future.

Monsoon
Site: www.monsoonworks.com
I have used Monsoon in the the past, and didn’t have a great experience. I was signed up by a sales rep who didn’t fully disclose their fees. It was only after I decided to leave that they offered to change their fee structure because I was a volume seller. Unlike Fillz, you download install Monsoon, and it exists locally on your own computer, which some people prefer. More on that later.

Indaba
Site: www.goindaba.com
Indaba is essentially modeled after Monsoon. I contacted them back in 2006, but never got a reply. Back then they were going through some tech issues. Since then it looks like they’ve gotten themselves together fixed their issues.

The Art of Books
Site: www.theartofbooks.com
Just as Indaba is modeled after Monsoon, The Art of Books is modeled after Fillz. They also provide their service on the web, or in the “cloud”. I contacted them and they never got back to me. At the time they did not support the all marketplaces as I understand they do now. I’m not sure how well they can handle large volume, but I’ve heard positive reviews.

Basically, the choice seems to be between the Fillz, web-based model and the locally-installed Monsoon model. The cloud-based solutions cost less, whereas the locally installed solutions provide a greater sense of security. Web-based tools also leave you at the mercy of your connection speed. Those who take issue with the web-based model alsoe usually point to concerns about their data residing elsewhere. They worry about their data being hacked, misused, stolen or worse, lost. There is a certain amount of validity to those concerns, however any smart business owner will have their data backed up somehow, no matter what kind of tool they use.

In any case, judging by what I’ve seen, the marketplace has pretty much spoken and cloud computing seems to be the solution of choice. What do you think? Do you use an inventory management solution? Which one?

The Book Buyer’s Dilemma: To Scan or Not to Scan?

Monday, June 8th, 2009

In talking about buying used books, and explaining why it is that I’m sharing information about selling books, I’ve already mentioned “scanners” and “scanner people” a couple of times, which to some of you out there may beg the question “Just what the heck is a ‘scanner’ anyway?”

To understand scanners, you first have to understand lookup services. There are a number of services out there, ScoutPal, ASellerTool, MediaScouter, etc. who (for a fee of course) give you access to the current listing price of books. Amazon lookup is pretty much the standard, but some are starting to expand into other marketplaces as well. In addition, some companies that offer Inventory Sales Management throw in lookup service for free.

No matter who’s providing it, lookup services work in one of two ways: they either let you request and receive prices in real time, or they provide a download of all the latest prices at once. Of the two, the download variety is the more efficient, letting you look up more prices in a shorter amount of time, especially if you are using a scanner.

A scanner is basically a barcode scanning device attached to a handheld computer of some kind, usually a cell phone, smart phone or PDA. It cross-references the book’s barcode against the lookup service’s data and displays the price of the book. Say you are a brand new bookseller and you walk into a thrift store that is selling used harlequin romance novels. Even if you’re completely unfamiliar with the books, you can pull out your scanner, scan the barcode and instantly know what price you can get for each book.

Scanners have become quite controversial lately. They have become something a necessity for new booksellers, or booksellers who haven’t developed an eye for what books they will be able to sell for a profit. There’s nothing wrong with this, in and of itself. The problem comes when enthusiastic sellers, armed with scanners show up to library sales or other events, grab books by the armload or suitcase-full take them off to a corner and scan them all, leaving their discards all over the place. Unfortunately this has become all too common, and there has been a recent backlash against scanners, with some library sales considering strong restrictions on scanners or banning them altogether.

I am fairly neutral on the issue. As far as I am concerned scanners are a tool which can be used in a responsible way just as easily as it can be used in a disruptive and inconsiderate way.

I myself have used scanners in the past. I used ScoutPal and BookHero, mostly because they were some of the first services on the scene. I’ve used a couple since then too. I don’t use scanners at all any more, however. I find that there’s really just no benefit in it for me. I have been in the game long enough to have developed a tool faster and more powerful than any scanner: my eyes. I can look at a book and have a good idea of whether I’ll be able to make money on it, and how much.

To scan or not to scan, that is the question. If you’re new to the business of selling used books, by all means, go ahead and use a scanner (and I would recommend using a download service). It may be a great help to you. But if you’re serious about making this a career, I cannot stress how important it is to invest the time and energy into developing your knowledge of books and cultivating the ability to recognize their value.