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.
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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.