Selling Amazon Kindle Books
4I have heard many arguments about Kindle being expensive and people not being able to sell the books they buy on the Kindle platform. In truth, with current book prices, Amazon Kindle eBooks are not the best choice for people who are big book sellers. I personally keep all the books that I read. Books that I sell are often so low in quality that I rather take a loss and get rid of them.
Many readers sell books that they read as soon as possible and use the money to buy even more books. That’s also a sound approach. For these folks, Amazon Kindle books are not really attractive. You can’t resell Amazon Kindle books, and you can’t even share them properly (there are limitations).
So here is an idea? How tough would it be for Amazon to make DRM transfer possible on Kindles. In essence, you can sell Kindle books on Amazon to those who want to buy it. I think the technology is there. The only issue is that Amazon Kindle books don’t have conditions. In essence, if you put you book up for sales, you are competing with Amazon itself, and taking a cut out of their profit.
Another plausible approach for Amazon would be to have a buy back option. In essence, you can return the rights to the book to Amazon and get credit towards your next purchase. The downside to this approach would be the loss of sales commission fees on Amazon and loss of revenue. Right now, Amazon will sell you two books and you can’t return one whereas under the above apporach, you return the first book and save some money on the 2nd one.
I think both approaches can work if done right. Obviously Amazon needs to do the financial X’s and O’s to figure out which one is right. But giving Amazon Kindle customers the option to sell back their Kindle books could make Amazon Kindle even more popular. And sometimes, it’s worth it.