I've Made Over $250K Using This Retail Arbitrage Strategy
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- Опубліковано 27 лип 2022
- Doing retail arbitrage and shopping for clearance to resell on eBay and Amazon FBA can add up to make you some great money. Doing retail arbitrage requires a lot of research and patience. Prices and demand on these items can change overnight, so it's good to buy solid items that people are going to want and need.
Selling on Amazon using FBA can be complicated for new sellers. First try flipping on eBay or Mercari. Many items can sell great locally using Facebook Marketplace or Craigslist. Try shopping for Walmart clearance or head on over to Target, Best Buy, or even a Marshall's for huge discounts on products. Not every store has the same clearance deals, so don't expect to always find the same things others are at the same price.
Remember there are tons of competition and it can be tough to find consistent products unless you are spending a lot of time sourcing every week.
//MY RESELLING TOOLBOX
Save on Bubble Wrap -
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Everything I Use For My Reselling Business -
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How I Cross List For More Income -
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//WHO AM I?
I'm Wick and I am a reseller for a living. I find things at garage sales, thrift stores, and even clearance at retail stores to sell. I do online arbitrage, retail arbitrage, and buy locally. While the majority of my business is done through Amazon FBA, I also sell on eBay or anywhere else I can flip the junk that I find.
I also trade stocks and futures, do affiliate marketing, and Merch by Amazon to make money online. My goal is to live a free life away from the typical 9-5 job.
Subscribe and join me on my adventures to see what I can find to make some dollars.
#retailarbitrage #amazonfba #clearance
//FOLLOW ME
Instagram: / flipping_junk
Twitter: / flipping_junk
TikTok: / flipping_junk
//FAQ
Q: What Apps do you use to sell online (eBay and Amazon)?
A: I search the eBay sold and completed listings to get an idea of what products are selling for. I use the Amazon Seller App to scan for FBA.
Q: Can you make a living selling online?
A: Yes, the difficulty is based on how much effort you put in and how much you need to make each month. I do this full time.
Q: Where do you find your clearance products to resell?
A: Literally everywhere. Check end caps and look for clearance aisles, but mostly it will be mixed in. Ask a manager if there's any good clearance deals and build a relationship if possible.
Q: Do you make a full-time living selling online?
A: I do. All my bills are covered, I'm able to save a good amount, and put money back into the business. I also do other things to make money, but reselling is the meat. It takes a lot of work and dedication to make a full-time living reselling.
Please like, comment, and subscribe! It keeps me motivated and happy. Thanks :D
Please consider sharing the video to help my channel grow and promote new videos. Links are amazon and PrimeLister affiliate links. They help compensate me for the time it takes to shoot, edit, and upload these videos. Please consider supporting me for my time. Thanks.
Walmart clearance has been hot garbage in my area too
Nice haul thanks for the video and information
I learn a lot from your videos, I don’t comment often but I always hit the thumbs up button.
I appreciate that
Went to 4 Walmart today and walked out with burgers to grill tonight lol
Just found you channel, great video, I have been reselling since 1982 at a flea market and have made a decent living.
A couple of weeks ago my wally world had LED floodlights a 4-pack for $8, sold out online at $27 a box. I bought all four boxes, kept two and changed all my lights in the kitchen and hall (wow what a difference) and sold the other two for $36 (what I paid for all four boxes).
Man I'm on the same path of making money off the flip. Thanks for the tips and tricks appreciate.
I love your channel. Been watching for over 3 years. I have not got into retail yet, but will. Made many buys and flips from watching you and listening. May be able to pay for my son's college, partly because of you and your videos! Also love the NES find from awhile ago, those are the best, rare, but good! Thanks!
That's awesome!
why are you sending your kid to college if you are making all this money flipping?
@@johndough23 Education is about more than money in my opinion.
@@walterzarm4954 You can certainly see this with the ones graduating today..🐏
“I used to sell alot of weed….killer and chemicals” 🤣 thats where most hustlers start!!
Hey Wick > 250k not surprised great like I had said #1 male reseller funny how you're stopped by workers keep dodging them , enjoy yr videos !! Till next time
so resourceful,,
Hey. I noticed you mentioned Brickseek and how a lot of the Lowes deals don't show up on their feed. I use brickseek (extreme) and have noticed less clearance deals at least for lowes (where I focus most). I was thinking it was possibly a summer time thing. Do you think Lowes may not be feeding all of their mark down priced clearance stuff to the brickseek database?
Are you a subscriber of the brickseek site (paid version)? Do you suggest just going to the store, literally walking up and down every aisle and looking for yellow tags instead of brickseek? lol...
Thanks for the vids!
I recommend using Brickseek and walking up and down every aisle. I have the paid version of Brickseek, but I'd say 80% of my finds do not show up on Brickseek.
Who ever is getting the clearence deals at Target is killing it. The tags are marked way down but zero inventory. I cannot do this stuff anymore. Too much effort and disappointment. Yards sales and Thrift stores always have goods.
Last year I found some Nerf form guns on slae for $1.19 each, I scanned it to make sure and yep so grabbed 10 of them, at check out the cashier was like that can be right and called for a price check, was told yep right price, I told him I was buying early for X-mas for a local charity, flipped them for $7.50 each locally at the flea market.
5:27 "I used to sell a lot of weed, killer"
Did anyone else notice the pause between "weed" and "killer"?
On the glacier bay faucets, how did you know what the price would go back up to? Were you using a fba scan app? Experimenting with FBA (books for now)
You kind of just make an estimated guess. I base it on what I've seen in the with similar items or sometimes you can check 3rd party sales data somewhere like keepa
with big items such as what ceiling fans, do you still need to put that in a box or you can just send it as is you dont need to put it inside a bigger box to send it to amazon
I just ship it with the labels on the box usually.
Do you have a video how to get started on retail arbitrage?
I've got hundreds of videos where I talk about it. I can't remember if I have a getting started video lol. All it takes to get started is go clearance shopping and check items to eBay sold and completed listings. See what's selling. Find some success...then maybe move on to Amazon if you're comfortable. It's corny, but just do it and practice and it will develop. It's all about experience.
Those ceiling fans cost to much to ship I would think?
Or do you send them in fba?
I just do calculated shipping. I've sold 2 so far and one person paid $75 and the other $22.
If a product costs $30 online, and even if you can get it for $10, you're probably making about $5 - 8 on it tops.
There's shipping costs, seller fees and packing materials to buy.
The sucky part is that it's not guaranteed to sell, and once you list it, your competitors will start dropping the price and it's a race to the bottom.
Lastly, you can't just sell most brands or products, you would need approval.
Other than that, cheers.
selling retail closeouts worked till about 2019. Then the retailers figured it out and stopped giving good stuff away. Not the gravy train these YT influencers say it is.
I do not see how Lowes can legally stop you from buying how ever much clearance you want to buy. Unless there are signs stating there is a limit of a certain product , like with soda on sale at a grocery store.
Followed on tiktac yesterday. Nice scores today
Honest question,,,what drives you to basically give away your secrets? which ultimately leads to markets getting hosed? the $ UT pays you could hardy make-up for all this, could it? I never understand these tell all videos across all genres. Like the WM in this video...that angle was hosed long ago once the public got word off YT it was milk.
Everyone else gives them away already. It's either join them and make a few extra dollars on YT or let them tank the market and make all the money in YT. I'd happily stop posting content if everyone else would, but that's just the reality behind this kind of stuff. Anytime there's an easy way to make money people will come in and make it too difficult or to the point it's no longer profitable. I'm just going to grind it until it's no longer profitable and then move on to something that is... Also I don't give away all my secrets. The most profitable ones I keep lol
@@FlippingJunk Good stuff thanks for your time and insights.
I forget, are you recording with a gopro?
Most of the time I do.
Do you sell more Amazon FBA or FBM??
Almost all of it is FBA.
Costs too much to ship those larger items from home depot and Lowe's.. after ebay fees and pricing down because every other reseller is also buying them.. it's usually not worth it unless u want to hold for a stupidly long time
Do you FBM or FBA the fans?
It can depend, but usually FBA if I sell them on Amazon
Screw tik tok please..do shorts on UA-cam for your hardcore fans when you find RA.
You make 250k or gross 250k
Is it worth promoting items on eBay?
I'm going to say yes. Based on my experience and tests, I definitely get more sales when my items are promoted. If you have a rare one off item, then not so much, since you're not really competing against other sellers.
@@FlippingJunk Thanks! Love the videos!
@@FlippingJunk what is your ROAS?
Did you experience the dreaded, ‘Summer Slowdown?’ I did, and I’m in a slump I can’t break out from.
Sales have been slower. I don't expect they will be great compared to previous years. Inflation, recession, more sellers, all of this will bring sales down.
Wait, why would you be stopped from buying clearance? Thats some anti consumer stuff!
Sounds like someone disrespected em and had to floss on en
Amazon doesn't ask for any invoices?
Im hesitant to start on Amazon because of this.
They can. I always tell people, don't put all your eggs in one basket and expect a rough road when selling on Amazon. I still use it to sell certain items and it's been fine.
Generally you need invoices to get ungated for a brand. So you open an account with a local plumbing warehouse (or online "for business") and buy items to get ungated. You only have to do that once. You REALLY need to have a Tax number to do this - you won't be treated as a B2B otherwise.
The only way you have to provide invoices later is if you are accused of selling counterfeits. And for THAT PURPOSE ALONE a retail receipt is proof that its authentic. The really risky part of flipping on AMAZON is if you are getting bulk stuff like buying pallets. Because you have no sort of proof and a lot of actual counterfeit goods are dumped into that stream.
I had a local toy warehouse so I got ungated for almost all toy brands and sub-brands that are "publicly" sellable. They went out of business so I am no longer in the toy business... I pretty much was their "clearance" department. I sometimes buy things from my local grocery warehouse too - but the margins are slim there.
I heard that amazon does not allow retail arbatrage products to be sold any longer and you can get your account banned for this. How are you able to get away with this?
Not true at all. Where did you hear this?