Tag Archives: profits
Q&A: How often should I reprice my books?
QUESTION: What is the best frequency for repricing? I used to do it every two or three months, then monthly. Now I do it every two weeks, and I still don’t know what interval is best. I drop prices just a penny below the lowest matching my condition. What have you found to be the [...]
Q&A: Should I ignore books that sell online for less than $10?
QUESTION: My business model is simply to avoid buying books that sell for less than $10. Though this has worked well for me and I’m bringing in a steady income, I wonder if I’m missing out on some profit. I’ve considered lowering my minimum price to $5 or $6. But even assuming I’m only paying [...]
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Q&A: Is it getting harder to be a full-time bookseller?