So, I’ve been on four sites (plus my own), and I thought it was time to start evaluating my experience. After several months of no sales, in the past 3 months, I’ve sold 24 books, well, 23 used books and 8 of my own publication. Today’s email has an invoice for last month’s sales: $1.22 is my cost (plus my time and shipping — oh, for the days when I had a shipper to do all that for me).
One site sold 11, a second sold 9, 2 for the third and 1 (plus a freebie) for the fourth site. Lopsided, I’d say. Of course, the top-selling site is the one I started with, toward the first of the year, and toward which I maintain my own “catalog” page with links to each title, hoping that the Google spiderbots actually read a whole long page (doubtful).
So yesterday and today I sat down to do some more research, make a simple table of 29 sites, to see which sites are selling, how they charge, and whether some or any fit my needs for selling books. My goal is modest: a small but steady income that would supplement my meager Social Security monthly (the result of a lifelong career of freelancing and sole proprietorship).
So at the top of my list, as I sort them, are the sites that cost the least, preferably with no recurring monthly costs. Not surprisingly, the top two are my own website (www.bandannabooks.com/auction) and Craigslist (which I hadn’t really considered before, but will now). Also with no recurring cost is Blujay, my newest site, but one with fewer sales, and an irritating quirk of flashing ERROR without informing me of what the error was, so I have to go back and fill in all the blanks again. I had been thinking of dropping them in favor of better sites; however, the results of my survey may make me reconsider. And a newcomer, j4ua.com, which offers one option with no fees for less than 100 titles.
Since this exercise is capitalism in action, every site has its own way of distinguishing itself as “the alternative to eBay” (which I didn’t even include in this survey because of the fees, fees, fees).
I set up hypothetical markers, as if I were to sell $100 a month, $200, or $300. If I get to that august level, I will have to do a new chart based on more ambitious goals.
The costs on most sites are listing fee, monthly fee, and final sale fee. As a rough rule of thumb, based on my own sales, selling 24 books out of a list now topping 1,000 (whew), and average price somewhere around $15 to $20 per sale, I’m figuring first that it would take selling 6 books to reach $100, and I would need to list about 40 books to sell one, so that comes to, let’s say, 250 books to reach $100. That many titles won’t affect the monthly fee, or the commission percentage, but if there is any cost to list books, that’ll make a big difference.
A number of sites make a point of having no listing fees; so, how do they make their money? One of them relies on ads, but most nail their profit to the final sale commission, which puts them on your side — if you do well, they do well.
Seven sites make the next cut, $11 per month and under even at the $300 level. These are USiFF (Usellitforfree), eBid (even though I usually add the gallery fee of 2%), alsoshop.com, OnlineAuction, SpecialistAuctions, and BISI (buyitsellit). eBid was my first, and they still offer a Seller+ option to list everything free for $49 for life (which I accepted). Alsoshop.com for under 100 titles is free with a final commission of 2.5%, the next step up is a modest $2.50/month for up to 500 titles. And BISI has no monthly fee for less than 10 titles, after that it’s $9.95/month; also, it appears to me that BISI is not a mall but offers to set you up with your own website. I’m leery of that from the point of view of traffic. Who would know about my books if I’m just on a website? Perhaps I misunderstand their offer. And the last in this group, j4ua again, with another plan, a basic store for $11.
The next three come in under $20/month: ePier, Atomic Mall, and Mailcar.net. Mailcar seems to be another webstore offer, not a mall arrangement, which does not appeal to me. ePier also offers a “premium” bundle for 10 bucks.
We start to get into some heavy hitters in the $20-$33 range (over 3 months): CQout, Bonanzle, Auxoo (formerly PlunderHere), and Biblio.com. CQout has a limitation on 85kb for images, which is waaay too small for my graphics; still, their commission of 4.5% and storefront for $12/month seems plausibly within my budget. Bonanzle is a lot of fun (that’s one of mine), with the chance to offer a Bonanza once a month, or create a hotlist (only one of your own), so they’re intent on building community as well as selling books. They also offer the chance to put in freebies (buy anything and get a freebie) and other creative ways. (Speaking of creative, I didn’t even include Wigix in the survey, it’s sui generis but worth looking into). Auxoo has a similar commission, I’m confused about their offer, it looks like you can sell without a store for commission fees (set up in a table), or have a monthly fee for different levels of stores with a flat 5.95% commission. Biblio.com has a plan at 7.5% commission, with a monthly fee of $10 or more, depending on the number of titles.
I lump most of the rest into “too steep for me,” from $45 to $100 (over 3 months): Half.com, Biblio’s other plan at 15% commission (the same level as 4 other sites’ rates), ABEbooks, Alibris basic and Alibris gold, Easybidzlive.com, Amazon (individual plan). All but Easybidzlive have around 100 million titles listed, all in one room (kidding).
And, finally, way out of my league: Ruby Lane (jewelry and such), Coast2CoastAuctions (25 cents per listing!), and Amazon Pro Merchant. Also eBay itself.
Now, in terms of popularity, check out the PSU site (http://www.powersellersunite.com/auctionsitewatch.php), which does a daily recount of listings on the most popular sites (some of which I did not even look at). My four sites are 2, 3, 4, and 6 (skipping CQout not because it’s British, but for a few features I found problematic, including payment methods — I haven’t researched that yet, and may change my mind).
Gasp, did I do all that? Did I learn something? Lots of places I probably won’t be using, and a few I hadn’t considered previously.