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Showing 1-13 of 13 posts in this discussion
Initial post: 10 Feb 2014 22:58:53 GMT
I don't know what's going on with the book trade in, but have to say they are offering the lowest prices ever for decent books? I had a scout through last week and thought I would send some books in as they were offering ten and twenty pounds for some of the books I have. Looking through tonight, they must have someone new working out the prices. 16p for one book that was selling at £40. 11p for another book that was selling at £30? I found about 20 or so books being offered a scandalous price. I hope no one sells their books at these prices its a complete insult!

Posted on 11 Feb 2014 12:08:09 GMT
Foxy says:
Hi Rosalind, I have had the same experience. They offered me trade in prices that I knew were reasonably low for my books, however i thought that they would not sell them for a huge amount more then they paid for them. How wrong was I!!!!!!!
They only seem to offer trade-in prices for 'good' condition, however most of the books I submitted were in new condition and were then relisted by Amazon as 'Like New' and priced at over double or even triple the amount they paid me for them. They stand to make an enormous mark up on what they paid, and although I do not begrudge them making a healthy profit, I feel that they have taken complete advantage of me.
I made an official complaint, only to be fobbed off and told that they weren't prepared to do anything about it. I even stated that if they did not take my complaint seriously that they would lose me as a customer. I have been an extremely loyal customer to Amazon and have spent thousands upon thousands of pounds with them over the past 10 years. However they obviously do not value their customers at all as they couldn't wait to deactivate my account. I am completely saddened by the whole experience and I am shocked that they wouldn't even look into it properly.

Posted on 11 Feb 2014 18:56:08 GMT
diane seale says:
I appreciate the warning was just about to make a big mistake. I will list my books on ebay instead Thanks.

In reply to an earlier post on 11 Feb 2014 22:50:06 GMT
I have also heard of cases of people sending in nearly new condition books and they were rejected. When the books were returned they were someone else's books in poor condition?

In reply to an earlier post on 11 Feb 2014 22:51:11 GMT
Hi Diane, don't hold much hope with Ebay either, book sales have really gone down hill, could be the expensive postage charges?

Posted on 14 Feb 2014 11:56:57 GMT
JG says:
I just traded in some books and was very pleased to do so. OK the prices were poor but if I hadn't taken this route I would have given them away or put them in recycling, so I think it's a bit of a win. Also having very clear instructions about how to send them plus free postage to send in heavy books is a big bonus.
Frankly at this stage I am very happy.

Posted on 14 Feb 2014 11:57:23 GMT
JG says:
I just traded in some books and was very pleased to do so. OK the prices were poor but if I hadn't taken this route I would have given them away or put them in recycling, so I think it's a bit of a win. Also having very clear instructions about how to send them plus free postage to send in heavy books is a big bonus.
Frankly at this stage I am very happy.

In reply to an earlier post on 14 Feb 2014 12:09:29 GMT
I agree JG I am happy to sell my books at a fairly low price but won't sell at 11p and 16p. I will still be sending books in, I'm not putting the service down, just hope people don't sell so low otherwise they will keep the prices low.

In reply to an earlier post on 16 Feb 2014 07:29:00 GMT
george says:
I can only offer positive comments about Amazon's trade in store. I recently traded 14 Art related books at various prices, some quite low but some much more than I expected. I kept other books which I felt were too cheaply priced to try another time or sell elsewhere, or charity shop.
The postage is all paid for and I received the gift vouchers within a few days. All except one of my books were in 'as new' condition but I can understand why Amazon would only sell them as 'good'. One of my books had 2 different signatures in it where it had been passed on twice but was still accepted as new. Excellent service in my opinion

Posted on 22 Feb 2014 18:56:50 GMT
Chris M. says:
Hi all. I suspect that when Amazon are paying ultra-low prices for a book "worth" £30, it's because the book sells at an incredibly low frequency. Where the title is selling quickly, I'm reasonably confident they'll pay more. I once sold an instructional art book (a slimish paperback at that) for £30 to Amazon - gimme the gift balance! A real no-brainer.

Posted on 13 Mar 2014 23:41:55 GMT
I just hold back on some books until the price changes. I have also had some really good prices for books so I am happy with the service and always get paid straight away. Just noticed a few times they have put pence on the price's of books selling at £30 plus.

In reply to an earlier post on 12 Apr 2014 18:41:42 BDT
Laci says:
Actually they don't make a healthy profit. Their net profit margin is ridiculously low, around 1%. Compare that to the that of Apple which is a little bit over 20% and you will realise it's very small indeed.

Don't forget they also pay for the postage from you to them, then probably for the postage of to the next buyer and some tax.

source:
The Economist +
http://www.ibtimes.com/amazon-nearly-20-years-business-it-still-doesnt-make-money-investors-dont-seem-care-1513368

Posted on 23 Jul 2014 22:11:57 BDT
Andy Lee says:
Just starting using trade in recently as I'm doing a big clear out of stuff. Decided to get rid of some books after they gave me a decent price for some ps3 games.

A lot of the books trade in were for 25p, below what I would have wanted for them. Some of them were £1-£2, about what i hoped for. A few of them were £4-£6 which was much more than I expected - These were all mass produced paperback novels. In one case I got £11.52 for my used book when I bought it off Amazon new for about £6 2 years ago.

I'm willing to accept the low prices mainly because it's so easy using the trade-in service. No fee's to take in to account, no waiting for bids just chuck everything in to a box and send it off. Also being able to use the post office is a major attraction, tried to use some other trade in websites for books but they all seem to insist that you use collect+. Every time I go to one of the shops listed as collect+ they have no idea what i'm talking about.
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Participants:  8
Total posts:  13
Initial post:  10 Feb 2014
Latest post:  23 Jul 2014

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