Selling comic books online for fun and profit is simple with this easy to follow guide designed to help comic book collectors and comic book sellers.
The first step in becoming a proprietor of Comic Books is to find great deals on new and old comics. Obviously there are many methods to build your inventory but the key is to find the best bargains so that you can maximize your profits.
One place to look for great deals is at garage sales and estate sales. Here you will most often find the bottom basement bargains that can lead to incredible profits.
Ebay is another place to look for deals on comic books but there are some other online venues that may prove slightly better for lower prices. Be careful using Ebay though. The sellers have to pay fees for listing their comic books and will often raise the prices to cover their own expenses. There are many other venues to build your comic book inventory.
If you plan on selling new comic books the best deals are found through Diamond Comics. Be sure you read all the fine print before entering into an agreement with Diamond Comics. As with all retail outlets the more you buy the lower your cost per unit and the higher your profit margin per sale.
Once you’ve built up your inventory and are ready to sell comic books to collectors you will need a venue. The easiest and most cost effective way to start selling comics is online. It’s best to start with online stores to keep your overhead to a minimum until you start seeing good size profits.
Setting your prices when you are ready to sell is another critical factor in maximizing the profitability of selling comics. For old comics there are pricing guides to give you an idea of how much you should price your comics at. Don’t rely on these guides completely because they are just guides and only intended to offer a perceived value. If you are not flexible in your pricing and willing to offer bargains to your buyers you will severely limit your number of sales.
Once you’ve built a reputation and started making profits it’s time to consider if you want to continue to grow or stay small and keep the operation simple. If you decide to grow at some point you will have to decide whether or not you are willing to open up a brick and mortar storefront. The comic book industry is extremely competitive and requires a tremendous amount of investment to open up a storefront. Because of this it is important to determine if you are willing to bring on a partner or investors to share the workload and / or the cost of opening your comic book store.Offering a limited return policy is always good practice but be sure you define the terms and conditions clearly and limit the number of surprises your customers have in doing business with you. There is nothing more frustrating then making a purchase from a vendor and feeling like you’ve been burned because the vendor was not clear on the terms of the sale. If you choose not to offer a return policy make sure the customer is fully aware that all sales are final. This gives them the opportunity to fully examine the product and decide if they are willing to buy.