Craig suggested that I write an article to share my experience with ASellerTool with my fellow BookThinkers, but I wanted to wait until I tried it out in the "real" world. On November 2-s4, I attended three FOLs and used the scanner at each. I was a little nervous at first, but I since was using the handheld scanner with ear buds, I was quite discreet. Getting the first confirmation of a great buy got me past the hesitancy quickly, and none of the FOLs that I attended banned scanners, anyway. I avoided getting in anyone's way and left the books orderly.
What a great feeling it is to know that every book I bring home is a winner and that I'll never deal with rejects, again! I amassed 69 books from the FOL sales for a total cash outlay of $152; a conservative estimate of their listing value is $1134. Very cool, indeed.
I listed the books late Sunday evening and early Monday morning, November 5. The results? The first day, I sold 9 of them for a total of $164. In less than 2 weeks, I have all but paid for the Premium ASellerTool package. And, like the gift that keeps on giving, I am still selling books from the original 74 that I listed. To date, an additional 5 of those have sold, bringing the total to 38 sold out of 74 listed (51%) in less than two weeks. Amazing!
As Craig pointed out in his article on ASellerTool, you need to use common sense with the scanner because it does make mistakes.
I got false readings on 2 mass market paperbacks (both romances), but immediately became suspicious when they both had the same rankings and price ($250,000 at 200,000 in ranking). A quick check by phone told me to return them to the shelves. There were no other mistakes, and by the time I listed my purchases, I found a couple worth more than expected.
The scanner reinforced my realization that sales rank is key to keeping my business afloat. I will continue to add pre-ISBN books to my listings but only after I have listed enough ISBN books with decent sales ranks to keep my income humming along.
So, what has this tool meant for me and my business? For the first time, I'm confident in my ability to make a full-time living from bookselling. That's important. But knowing I can remain home with my two boys is worth even more - it's priceless.
EDITOR'S NOTE: Some announcements from ASellerTool:
ASellerTool will release version 5.0 (upgrade) for its PDA scouting
program in early December.
This will include the following enhancements:
Questions or comments?