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Start a Used & Rare Books Business
What you will be doing.
As a used or rare book dealer, your job will be to locate
books for avid readers. You will investigate used books and
appraise their resale value. If worthy, you will connect
the client with a very good used copy of the book that they
are seeking.
You may also have clients who are looking for books that are
hard to find and quite valuable. In this case, your main
focus will be locating the volumes in question. Depending
on the time spent and the value of the book, your finder’s
fees can be quite high. You can negotiate with sellers to
get the best price for your clients.
How to start.
If you haven’t brushed up on your research skills, this
would be the time to do so. Every avenue that is open to
you will need to be exhausted sometimes to find the treasure
that you seek. The more obscure the title, the more man
hours it will take to find.
Starting costs.
A computer that is top notch and the fastest Internet
service available aid in book finding searches. A database
of search engines can be created to give you a quicker start
on your various searches. The home office should also
contain a printer, fax machine, telephone, and business
number to communicate with clients.
Advertising costs include website setup and design, ads in
trade journals, classified ads, mailings, brochures, other
advertising mediums. Flyers can be sent to secondary school
and college librarians. All total, you can spend around
$5,000 to $8,000 for advertising and office outfitting.
Skills needed.
Researching can take several hours depending on what you are
looking for. It may include talking to people on the
telephone to track down a book for a client. Researchers
need to be detail oriented and well organized. Cataloguing
your search findings could save time on future tracking
missions.
Marketing.
Advertising locally will get you started. Use word of mouth
from friends and family members to clinch referrals. An
online presence will grow your business quicker but be sure
that you are ready for the increased demands on your time.
A website can introduce you to people all over the world
that are in need of a book dealer/finder. Listing your
qualifications and experience on the website gives potential
clients a chance to see what you are all about. EBay can
also be a useful tool if you want to advertise your services
or sell some rare or used books of your own.
Books will never become obsolete. The written word is the
backbone of our civilization. As a used and rare book
business owner, you can foster the love of reading.
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