How You Can Make Money Without Inventory
The internet always seems to surprise me with ways to make money. You can actually flip textbooks online to earn a profit. The website is called floppiness and it works on basic economics. Just like with buying a stock you want to buy low and sell high. By using the site to search Amazon and Ebay you locate a book and then match with a website that is buying the same book at a higher price. It looks like a good way to make some extra income if you have some spare time.
See how buying and selling text books could make you extra income.
I am buying and selling online, but I do not have a product. I sell about USD 3K a month. No, I am not selling a consultancy or service either. I am selling used textbooks — but I do not have to keep books with me or procure them like any other seller has to, or wait for a buyer to purchase from me. My model is as easy as 1-2-3 and it has been working great.
The website does look legit, it seems to work off the premise of you are investing your capital in a book and then doing the labor of shipping the book to the next location. The website takes care of finding a buyer and seller for you and you essentially become the middle man. They do have a free service called the “bronze package” I recommend trying this before signing up for a membership on the site just to see how it works.
Learn the ins and outs and buying and selling textbooks for extra cash.
About Shaun Archer Tatum Shaun works in corporate finance in New York City. He has done financial consulting for several start-ups and has worked at several Fortune 500 companies. He has contributed several finance/investing articles on Seeking Alpha which have been published on Yahoo! Finance.