Secrets of Successful Online Magazine Sellers

What is the difference between an online used magazine seller who struggles to make a profit and one who sells hundreds of magazines for $10 to $30 each every month? The difference is in the details, the everyday business decisions that can make or break any business. Here are a few secrets about selling old magazines online that can boost your profits or kickstart your new online magazine business.

1. Sell the right magazines. Not all old magazines are popular with collectors or nostalgia buffs. Mention "collectible magazines" to the average person, and they immediately think "National Geographic." Sure, everybody saves their back issues of National Geographic, but that has created such a surplus there's no demand from buyers. Back issues have flooded the market, so you're wasting your time ever trying to sell them online. Only very old issues or leather bound volumes of National Geographic sell well.There are dozens of magazines that do enjoy steady demand from collectors, such as Time, Life, Fortune, even Better Homes & Gardens or Good Housekeeping. Many collectors prefer to buy "runs" of several issues, for example, all issues from one year. Other buyers are looking for magazines about a particular topic, like monsters, motorcycles or woodworking.

2. Famous people. Another "hot" area for selling to collectors is famous people. Whether they are dead or alive, celebrities like the Beatles, John Denver or the Lone Ranger, sports stars like Michael Jordan, Roberto Clemente, or Vince Lombardi, or VIPs like Albert Einstein, Harry Truman or John F. Kennedy, you can be sure lots of collectors are willing to pay big bucks for old magazines that feature their personal heroes. It's best if the hero is on the cover of a magazine, but even articles clipped from old magazines sell well on eBay. Several successful sellers bundle several articles about rock stars from the past, like the Grateful Dead or Janis Joplin, and sell them for over $100 per bundle on eBay.

3. Buy right. Garage and estate sales can be a gold mine. The seller's goal is simply to get rid of surplus stuff and make a few bucks, which can work to your advantage. Try making an offer to take all the old magazines off their hands in return for a reduced price. Chances are good they will accept it. You can often find magazines that can be marked up 500% to 2,000% when sold as single issues to collectors on eBay.

4. Smart pricing. Do your homework to find the prices the same issues or similar issues have sold for online. Check the "closed listings" section of eBay to find actual sales prices when the bidding closed. You'll also learn how many buyers bid on that issue. Several bids are a good sign, as it means several people are actively looking for an specific issue date for that magazine.

5. Don't sell damaged issues. Instead, go through each issue and cut out any full page ads. Amazing as it may seem, there are collectors for old magazine ads as well as whole issues. Popular products from the past almost always bring higher prices, like Aunt Jemimah flour, Planter's Peanuts or John Deere tractors. New magazine sellers are always surprised to learn just how profitable these ads can be. Just one old magazine can have 12-20 full page salable ads that can bring $10 or more each on eBay.

By learning the secrets of buying and selling old magazines, you can turn a few hundred dollars worth of garage & estate sale magazines into a very profitable part time business. It's just a matter of buying the right old magazines, pricing them fairly and listing them on eBay so the collectors can find them easily. To learn more secrets about this fascinating business, read Old Magazines Into Gold, available at: rel=nofollow http://extraincomebulletin.com

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, and the editor of EXTRA INCOME BULLETIN, an online resource about honest businesses you can start on a shoestring. To learn more, visit: http://extraincomebulletin.com

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Filed under  //   Michael Jordan   National Geographic   ads   as well as   ebay   magazine   online   part time   the Beatles  

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How to Make Money Selling Old Magazines Online

An estimated 65 million baby boomers in the U.S. are using the internet regularly. So what are they doing online? Web surfing down memory lane! Seems our fast paced, hurried society has created a big yearning for boomers to turn back the clock and return to the "good old days."This nostalgia wave has created a huge demand for anything collectible from those good old days.

Old magazines are hot because they are affordable nostalgia, and a boomer can purchase a collectible issue of a favorite magazine from the 50s,60s, or 70s for as little as $12-$30. That's created an opportunity for entrepreneurs to scout for those old magazines in their local attics, basements and garages, then sell them online to the boomer collectors who are snapping them up. It's not a get-rich-quick business, but ideal for those who enjoy browsing local garage and estate sales to find the magazines.

Today, eBay is the best place to sell old magazines, thanks to a well-deserved reputation as the go-to spot on the internet for collectibles of all sorts. There are also many lesser-known venues, such as Etsy.com. Those who have built up a decent inventory of magazines often open up their own online store, using inexpensive software such as Volusia.com.

While finding old magazines is fairly easy, the secret is in knowing which ones are profitable and which are dogs. According to one book on the subject, Old Magazines Into Gold, there are about two dozen common magazines that sell well and are in plentiful supply. Some, like Life magazine, were mass-circulation magazines, hitting a peak of 8 million copies sold every week in the 60s. The common magazines like Life, Look and Good Housekeeping are the steady seller online, and usually fetch a 10X markup over the garage/estate sale price. For example, you might pay $1 each for a stack of old Life magazines at a local sale, then list each one individually on eBay for $10-$15 each.Here's where the fun begins. Like a weekly treasure hunt, a garage or estate sale may turn up hidden gold. Examples include:

First issues. Look for Volume 1 #1 of almost any magazine. The first issue of People magazine from 1974 brings over $100.

Celebrities and VIPs. These can really boost a magazine's collectible value, especially if the celebrity is on the cover and an article about them appears inside. Deceased celebrities tend to bring more than those still alive, but let's use Madonna as an example anyway. She was on the cover of only one magazine in 1983, and just seven magazines in 1984, so those issues have a high value. Her very first appearance on the cover of Island magazine now brings over $1,000.

Inserts. Magazines occasionally publish an issue with an insert, which can raise the value substantially. For example, an issue of Sports Illustrated with a baseball card insert can bring 5X to 10X the price of an ordinary issue.

Avoid National Geographic. It has become the most saved magazine on the planet. Have you ever known a subscriber that did not save every issue? As a result, old issues are a very difficult sell, unless they are leather bound volumes with map inserts.

Covers. There is a sizable number of collectors who collect magazine covers, in particular the New Yorker, Life, Time and the Saturday Evening Post. A cover of a famous person, Marilyn Monroe, for example, or illustrated by a famous person like Norman Rockwell can bring many times the price of an ordinary issue.

The next time you're at a garage or estate sale, if you don't see any magazines, ask "Do you have any old magazines for sale?" You may find yourself taking a profitable trip down memory lane. To learn more about this little known, but very profitable business, read Old Magazines Into Gold, available at: rel=nofollow http://extraincomebulletin.com

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, and the editor of EXTRA INCOME BULLETIN, an online resource about honest businesses you can start on a shoestring. To learn more, visit: http://extraincomebulletin.com

Article Source: [http://EzineArticles.com/?How-to-Make-Money-Selling-Old-Magazines-Online&id=6...] How to Make Money Selling Old Magazines Online

Filed under  //   National Geographic   ebay   issue   magazine   online   reputation  

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The Internet - A Community of the World

Learning online is a gift of technology. The computer is almost like many libraries around the world. Information and entertainment come easy and helpful as used wisely by students, professionals, workplaces and homes.

Learn these easy steps to conduct your research:

A.

1. Consult general reference works to gain background information and basic facts, bibliographies, computerized data bases and other sources.

2. Use Almanacs and Yearbooks to provide up-to-date information on any topic along with statistical facts.

Atlases like the Hammond Atlas, the National Geographic Atlas of the World, and the New York Times Atlas of the World can help you identify places anywhere in the world and provide information about climate, places, and industry.

3. Consult Biographical Dictionaries ( noted authors of all time and contemporary authors), dictionaries (give correct usage of words and some information), and Encyclopedias (provide primary information and explanations). Random House and the new Columbia Encyclopedia give brief overviews. Collier's and Encyclopedia Britannica contain more detailed information.

4. Find specialized reference works

Bibliographies and indexes are tools. They help locate books and periodicals like magazines, newspapers, etc.

B.Computerized Resources

1. Databases are large collections of electronically stored information that function like indexes. Many library catalogs today are computerized as well, in the form of online databases.

Internet links, websites, and blogs are sources of additional and updated information.

Searching for works that are relevant to your topic is called browsing.

Most online catalogs allow you to perform key word searches. Making your keyword specific as possible will result in the most useful list.

Other sources of information are documentaries, surveys, special/rare articles/book collections.

2. Searching Online

The internet is a vast network of networks.

It is composed of the Electronic Mail (e-mail) where you can send electronic messages to any of millions of people around the world, newsgroups and blogs which serves as public bulletins, among others.

3. World Wide Web

While the rest of the Net is primarily text-based, the Web employs texts, pictures, graphics, videos, and more.

Web pages are linked to the others. To read Web pages, you need a browser program like the Microsoft Internet Explorer, Google Chrome, or Yahoo! Web crawlers also search the Web and a number of web tools, pages and links.

4. Evaluating

The more you research, the more expert you become at determining whether a source is useful.

Know the subject. Is the subject directly related to my research question? Does it provide information that support my view?

How about the author? What do I already know about the author's reputation? Is the author cited by other sources? Am I aware of any biases that might limit the author's credibility?

When was the source published (date)?

Who published the source (publisher)?

The electronic address suffix

.edu educational institution
.com commercial or business
.gov government
.mil military
.net various types of networks
.org nonprofit organizations

Check this:

How dated or current is the information?
How literate or accurate is the site?

In college research papers, the original published source will be considered somewhat more reliable. The fact that it is duplicated on a Web page (ownership to original author/writer) is a testimony to further texts/manuscript utility.

Rose Flores - Martinez
RoseVoc2 http://rosevoc2.wordpress.com

Article Source: [http://EzineArticles.com/?The-Internet---A-Community-of-the-World&id=5030002] The Internet - A Community of the World

Filed under  //   Internet Explorer   National Geographic   New York Times   atlas   encyclopedia   google   internet   mail   reputation   web  

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Opportunity

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