Ryan Grant said raiding the discount aisles at big box stores and flipping the items on Amazon started as a side hustle but has since become a booming business. LEARN MORE: gma.abc/2WsYKqj
Пікірлер: 2 000
@jelissitah Жыл бұрын
I was worried about replacing my high-end older oasis with this one kzbin.infoUgkxCgPI5O2AtmcHq9SJhgsCGbpAzJAJfrJp but it is surprisingly light and the screen resolution is just as good. I never had the warm light on my old kindle, but i do not use it on the ipad so I will probably not need it. I think the only thing I'll miss is the self-adjusting light, but this is so worth it!
@josesaladin43554 жыл бұрын
5 mins to install an app. She needs better service lmao
@PugFaceMedia6 жыл бұрын
He buys in BULK. He’s not reselling clearance items off the shelf. No way. That’s just how he STARTED. He’s buying pallets at pallet auctions so the guy really didn’t give away all his secrets.
@TrevorDixon8796 жыл бұрын
JH92407 Where can one find a pallet auction?
@PugFaceMedia6 жыл бұрын
Trevor D search google for the name of a store with the words “pallet auction”. Popular ones are Home Depot and target pallet auctions. Most big box stores sell off pallets of overstock for cheap. Problem is some pallets may be in another state so transportation is expensive.
@itachisolosmadara6 жыл бұрын
Trevor D buy bulk on ali express or chinese websites for 2¢ a peice
@geewiz82536 жыл бұрын
JH92407 Bad bad journalism.
@samg55436 жыл бұрын
I know a guy that does this too. buys in bulk. you have to.
@richbroke93246 жыл бұрын
I tried this now I’m stuck with a bunch of dollar tree trash! Fml
@DalilaPayan6 жыл бұрын
Rich Broke 😂
@ThatGuyDownInThe6 жыл бұрын
it's cause this type of shit gets blasted on the news so everyone starts to do it and the profit goes away
@C-Lyfe856 жыл бұрын
Rich Broke Better sale as a bundle
@alexiselnino026 жыл бұрын
If you don’t sell them in two weeks return them to the store.
@jadexade23376 жыл бұрын
Mr. No Nutz you He buys clearance meaning-it wont be there later
@RD-lv2zj6 жыл бұрын
buying something is as easy as farting but selling something is as hard as constipation
@kevinchavez51426 жыл бұрын
The modern Shakespeare
@blakebowman32146 жыл бұрын
I only shed two tears
@congotelemainfos49465 жыл бұрын
lolllll
@vaquero35785 жыл бұрын
@Biff Danielson - no he got it out of the satanic atheist idiot manual.
@hannahblomberg96995 жыл бұрын
R D Lol 👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿
@brian96 жыл бұрын
Moral of the story, shit is cheaper at Walmart. Buy there.
@FingerThatO6 жыл бұрын
Support your local child labor warehouse store. Walmart
@michael506946 жыл бұрын
That's what I'm thinking.
@AmazonandeBayGuru6 жыл бұрын
Haha not necessarily!
@FayeDancingCloud6 жыл бұрын
Yep, nevermind that you're supporting wage slavery in China that will soon be implemented in the U.S.! :D lol
@Mark-ts5pd6 жыл бұрын
ha, that's an awesome point there, .... skip all that crap and shop at walmart
@theejoeylee6 жыл бұрын
This news lady is going to quit her job in 6 months...
@djmuscovy75256 жыл бұрын
TheeJoeyLee. She probably prefers to be a star. What's good with all the money if nobody knows you exist.
6 жыл бұрын
Slo Mo What?
@agustinsoto60406 жыл бұрын
Slo Mo You can enjoy your life without journalist following you.
@claireclaire75046 жыл бұрын
TheeJoeyLee : She is giving her boss BJs in the office.
@sherylpierson96626 жыл бұрын
😹😹
@kevinbruyne6 жыл бұрын
TAKE THIS VIDEO DOWN, YOU'RE GOING TO SATURATE THE MARKET AND FLOOD WITH COMPETITORS 😭
@louis14436 жыл бұрын
kevin de bruyne people are too lazy
@jacobonader19266 жыл бұрын
I was going to say the same thing
@ladyofthecentury6 жыл бұрын
Just because people know doesn't mean they will do it.
@louis14436 жыл бұрын
Benny damn straight
@mikepcap6 жыл бұрын
True, but all it takes is ONE in each town to ruin the status quo. Guess we need to find new sources that she DIDN'T mention.
@Ghostofenzo6 жыл бұрын
So... instead of buying from him I should just go to my local Walmart 🤔
@northcar66276 жыл бұрын
ENZOtaki But what are the chances of finding your item(s) on clearance at that one Walmart...
@s.holmes6136 жыл бұрын
Yes but the secret is people are lazy and want things now so they don’t look.
@antonioo31826 жыл бұрын
S. Holmes Exactly. items will sell because America is lazy & Will rather click a mouse than go to the grocery store to examine fresh produce ..
@back2the80s6 жыл бұрын
some live too far from grocery store so order online. duh
@arjungandhi13476 жыл бұрын
ENZOtaki but people are still buying online.
@userbutnotabuser246 жыл бұрын
Walmart should start selling their clearance items in Amazon. lol
@Dilber_1016 жыл бұрын
If you know anything about amazon, or selling online this is the most cringe video ever people will try this and completely fail lol
@giovanniwisco96336 жыл бұрын
Edi Kostic this could only work on offer up😂😂
@MOTIVATIONBYDAR6 жыл бұрын
Or get inspired and do their homework first and then learn by trial and error and scale up as the time passes......
@frenchiehorn43396 жыл бұрын
THANK. YOU.
@shortcut56606 жыл бұрын
I wanted to try it after I saw the video. Can we discuss a little bit about it ? I would really really appreciate it 😊
@KadeJames6 жыл бұрын
@@shortcut5660 Same here!
@randysavage24306 жыл бұрын
this video sponsored by Walmart
@tayejackson75706 жыл бұрын
Jesse Wheeler 😂😂😂
@InfernoBlade646 жыл бұрын
Jesse Wheeler but that means Amazon will get more profit though
@randysavage24306 жыл бұрын
but Wal-Mart can sell this crap rather than throw it out
@shannh67246 жыл бұрын
Wutterya Dewin Did you push the button for Walmart?!
@judeisnot_rude6 жыл бұрын
Joint sponsored by Walmart and Amazon.
@brandondelpesco73296 жыл бұрын
Easy to gross millions, try NETTING millions
@pinonXO6 жыл бұрын
So true hahaha
@mercedezreboca82996 жыл бұрын
Have you done it? Nah. Don't be jealous Brandon.
@RM-gr1mc6 жыл бұрын
jomax clux but he only pays himself 60k. And what about taxes and his employees?
@depressedgrizzliesfan48636 жыл бұрын
Mercedez_ Gets_fit nah you a dumbass
@mercedezreboca82996 жыл бұрын
Depressed Grizzlies Fan your life is a dumb ass
@YourNumberOneHero6 жыл бұрын
The problem is you actually have to go INTO Walmart.
@drewward68956 жыл бұрын
Nate Bergeson haha very true, not worth all the money in the world to me
@gulfcoastsunset58795 жыл бұрын
OMG - I'm DEAD LOLOL.... and that my friend is defiantly a problem!!!
@edgarh2525 жыл бұрын
All the Walmart’s around me have clearance with good stuff
@imluvinyourmum5 жыл бұрын
Won't somebody think about the children?
@naegleriafowleri22305 жыл бұрын
walmart sucks not because of the products but the fucking people that go there
@emmarobbieus91076 жыл бұрын
Both Walmarts by my house no longer have the clearance aisle anymore, I wonder if this guy messed it up for us. It was perfect to pick up a cheap gift for a birthday party, not anymore.
@Raminakai2 жыл бұрын
I noticed that too:(
@Drew_30006 жыл бұрын
Yeah BS. Amazon fees are a joke, they make all the money
@Toxic_Muk5 жыл бұрын
Drew what are the fees .... cuz it’s not a lot u broke ass loser
@katirajala7735 жыл бұрын
the best website that help people to make money with ebay and amazon is *MyOnlineSelling. Com* .... hope it will help.
@lorenaviera78085 жыл бұрын
I tought i was the only one who think this way ! I sell 20 on ebay and pay 12 shipping and PayPal 2 ebay 1 i paid 3 for whatever im reselling, without counting tape and shipping supplies i have to buy
@zusiphesikayi23904 жыл бұрын
I thought it was just 15% for Amazon
@tpsu1296 жыл бұрын
Then you have to factor in the time it takes to find the products and take off those gawd awful clearance stickers.
@breeston6 жыл бұрын
tpsu129 lol just ship the items with them on fuck it
@darkhipster81336 жыл бұрын
Preston Alexander LOL
@totalbliss16 жыл бұрын
I flipped my mattress over this morning. That was exciting.
@dq72436 жыл бұрын
lmbooooo
@coretalexa89735 жыл бұрын
Use the *MyOnlineSelling. Com* Directory to find trustworthy, low-cost suppliers who stock your chosen product.
@marco1146 жыл бұрын
This is almost impossible now. We used to sell $20k a month and we're down to $1,500 now. Hard to find inventory.
@llothar685 жыл бұрын
Prices on EBay and Amazon are so terrible high for used items that i don't do any buying anymore. Reason is that there are so many fucking resellers and not people who want to get rid of their shit and then the algorithms are kicking in.
@naegleriafowleri22305 жыл бұрын
@@llothar68 most people on ebay, facebook sell groups think their items are worth shit and overpriced them, bunch of retards as nobody would buy that
@MzSoulll4 жыл бұрын
@CAPTAIN DABBIN that's a fact.
@ogueyratogeyrat74484 жыл бұрын
Lol it nt like there competition
@GooglyMcDoubleface3 жыл бұрын
no its not actually.
@adrianrice63966 жыл бұрын
This is fucking crazy I remember years ago when he started the blog, I'm still on his newsletter getting his emails.. and I go on KZbin & see him on "GMA" that's amazing congrats!! on the continued success Ryan
@BroccoliBeefed6 жыл бұрын
Amazon is an incredibly difficult selling platform. They restrict many items that you can sell because those huge multi-national corporations don't want the competition. Kind of sad because individual sellers can ship faster and we help move product that would otherwise sit around not getting bought
@JamesScottGuitar6 жыл бұрын
Amazon will be thrilled about this story... All the people scanning items helps them in the long run...
@Corozalcop6 жыл бұрын
It’s not that easy
@RX-qv2xc6 жыл бұрын
Roberto Rivera. Why wouldn't it be and can you explain in simplest form please
@Corozalcop6 жыл бұрын
R P I would but I don’t have 5 hours
@RX-qv2xc6 жыл бұрын
Roberto Rivera lol
@LetThereBeLightxx6 жыл бұрын
Roberto Rivera you just have to consider gas, taxes, shipping and Amazon fees really. It's not rocket science but it won't happen over night of course..
@Corozalcop6 жыл бұрын
This grill Is not a home lol I wish you were right, but I sold over 5000 items on eBay and a few on Amazon.lets not forget TIME, and DESIRABLE ITEMS,and CASH PLENTY OF IT , so you can buy the whole lot and let it sit., there so much more but I’m tired and trying get a bite here at this slow ass. Denny’s here in St. Augustine
@Bageera636 жыл бұрын
I don't buy things on Amazon that I can purchase locally.
@2011blueman6 жыл бұрын
I don't buy things locally that I can purchase on Amazon.
@brendaechols22285 жыл бұрын
Exactly. Not everyone shops online.
@FisherCollegeMa4 жыл бұрын
Offerup is a great site to buy from because you can negotiate prices.
@JohnStax986 жыл бұрын
This is fake, buy the toy for $5 sell for $9, but you end up paying amazon 10% commission, and like $4 for shipping. So your total cost is $9.90 but you sell for $9 lmao
@felixf43786 жыл бұрын
Don't forget about the income tax that you also need to pay on it.
@rayva16 жыл бұрын
...And let’s not forget that Amazon hardly credits you enough for S&H costs.
@ሕያው6 жыл бұрын
And don’t forget that ur supposed to buy in bulk....
@moneyweed48246 жыл бұрын
JohnStax 5 clowns in the this comment section,yous haven’t a clue have yes,go work your 9 te 5
@MrJamberee6 жыл бұрын
Grossing a million is not the same as netting a million. He could buy 4 million gross worth of junk and sell 4 million gross--/ and be makes zero. The story is bullshit.
@kevinlee91856 жыл бұрын
1:45, who the fuck retailed those pens at $83.33.
@rayfinkle93696 жыл бұрын
Apple
@himmie16 жыл бұрын
There is reason this stuff is on sale nobody wants it
@charliescheirmann29266 жыл бұрын
That or they need to make room on shelves for new and better inventory
@LuisHernandez-hw7dj5 жыл бұрын
Star Wars Trilogy millennium falcon retails for $200. Goes on clearance for $90. Going price in Ebay, $500. Someone is making a $400 profit.
@wakjob9616 жыл бұрын
People have been doing this on ebay forever. Especially buying from garage & lawn sales.
@diegoleerot6 жыл бұрын
Wak Job yeah and it’s not easy
@BroccoliBeefed6 жыл бұрын
Ebay sucks
@BroccoliBeefed6 жыл бұрын
If you think Ebay is full of Chinese "craps", then discard your IPhone.
@antonioo31826 жыл бұрын
Diego Lee Rot unlike your mom....she's fun.
@antonioo31826 жыл бұрын
BroccoliQueefed I have htc...and I'm grass Fed
@MissaLifeStyle6 жыл бұрын
I use to do that with eBay and made about $2k a month buying and selling used items through thrift stores. You can buy a stroller for $15 and sell it to consignment for $40. Or antiques for $7 and sell online for $250. You just have to research, be good at marketing, take photos and be able to store/clean/ship the items. Things sell while you are going about your day. It really helped supplement my income being a stay at home mom and putting my kids thru private school. It's hard work though, physically demanding and not alot of respect from others was the downfall. But time with my kids and not working away from them made up for it!!
@angelachanelhuang165111 ай бұрын
people don't discover this on their own. good job
@abdelpizarro5 жыл бұрын
"even with shipping and fees I profit $15!!" NO! you still have the items which mean you wasted money and now you are hording random items. the true winner here is walmart who sold you those "noneone buy items"
@bsm67766 жыл бұрын
Amazon has been jacking up their prices
@GordonMiller6 жыл бұрын
So what!? Grossing millions but netting nothing is still a huge waste of time.
@Jalilvideogeek936 жыл бұрын
Gordon Miller Hey Gordon, nice to see you on KZbin! I love your answers on Quora.
@carlrichmond19946 жыл бұрын
Hold on, are you really the dude from quora? Lol, wow the internet is such a small place!
@thebusinesschannel32706 жыл бұрын
Gordon Miller dumbass you are. You understand leverage? Value? Keep your stupidity at home dumbass. 15% of 4 million is 600k fuckface
@sumarkhera70536 жыл бұрын
Gordon Miller They said 15% profit, 600k is a waste of time to you?
@antonioo31826 жыл бұрын
The Business Channel Trash. I hate that guy
@ramir3z8256 жыл бұрын
She buys and it never sold it
@area51ville6 жыл бұрын
lmao totally went over pplz head
@USA-qm2bk6 жыл бұрын
Return it to the retailer
@trishawhitehouse42266 жыл бұрын
Ramir3z iI
@GodsOath_com2 жыл бұрын
It’s called Retail Arbitrage and lots of people do it, not news.
@Saffrone2216 жыл бұрын
The secret to success is never reveal the ropes. The very people you inspire are the ones who will take over you. If they are endorsing esthetically then that means they are rooting you to buy their book and crap. Kudos to him, but revealing success will only lead to more competition.
@rgurung6 жыл бұрын
01:15 it took you 5 mins to install an amazon seller app? Are you using one of those 2007 phone?😂😂😂
@compilationcuties19216 жыл бұрын
awanil84 you have to sign up to be a seller before you can use the feature. She counted time for that too. If she said it took 30 seconds then it wouldn't be fully accurate as it takes more than just downloading the app to get the app to work.
@rhyshanson20126 жыл бұрын
😂😂😂😂😂
@AmazonandeBayGuru6 жыл бұрын
I'm doing the same thing and my name is Ryan too!
@Rsmith4206 жыл бұрын
Amazon and eBay Guru Me too lmao
@AmazonandeBayGuru6 жыл бұрын
Haha but do you drop ship?
@Rsmith4206 жыл бұрын
Amazon and eBay Guru No, too nervous that problems will come up if I'm not directly touching the product.
@briankim67166 жыл бұрын
Amazon and eBay Guru can you help me start making money please?
@AmazonandeBayGuru6 жыл бұрын
Yes I can, please watch my videos and then if you are still looking for help, I offer personal coaching! I have 7 figure revenue from eBay and Amazon combined!
@ScottMclean236 жыл бұрын
Damn what kinda phone you got that takes 5mins to download an app.
@haywoodjblome47686 жыл бұрын
Download and make an account
@DalilaPayan6 жыл бұрын
Scott Mclean 😂😂😂
@weeeeeeee9456 жыл бұрын
Scott Mclean not entirely the phone but more so the network
@bensouthwell13395 жыл бұрын
one she bought of that guy
@Bea_remembrance6 жыл бұрын
To all whinners. Yeah amazon eBay is hard. But you have to search for tricks loop holes strategies to circumvent the obstacles interfering with your ROI. Give it a try. You will lose some cash in the beginning but with time you tweek your inventory list and modify your business strategy. You can be profitable. But there are fees and taxes and postage blah blah blah. Life and business ain't easy. But winners are the guys who keep pushing, keep adapting, keep failing; until they eventually make it. So stop winning and go do it. No I don't work for amazon or ebay, lol.
@brendaechols22285 жыл бұрын
I'll stick with my degree. This looks like a waste of time and energy....not my cup of tea...
@IstoryangPagibig5 жыл бұрын
Pretty sure you're not earning 7 digits though. We're wasting time here on YT while this man is generating around $500 p/hour.
@howlbigbadwolf6 жыл бұрын
Will cost you 39.99 a month, kinda left that out, except that "fee" part she said.
@shawnstarr16 жыл бұрын
Howlbigbadwolf and 15%
@justin-kelsey6 жыл бұрын
That's only if you're using a Pro account. You can do an individual account for free and only pay per sale.
@javascriptkiddie27186 жыл бұрын
You have to think about what overhead would cost at a brick and mortar. You could easily be paying thousands a month in rent so $40 is a steal. As long as you have your business model and niche product figured out you have nothing to complain about.
@shahub54 жыл бұрын
Makes 4 million a year *pays himself 60k* Me: Uuuuuuhhhhhhhh what?
@bahizijoy73704 жыл бұрын
So he can reinvest
@chipfukmaster59284 жыл бұрын
A guy who has never filed taxes and has no understanding of how companies work.
@totalbullion58826 жыл бұрын
I've tried it. Not so convinced.
@theannoyingone16 жыл бұрын
What was the turnout?
@Laptopdog786 жыл бұрын
Total Bullion It probably takes some effort!!
@antonioo31826 жыл бұрын
Total Bullion tried what? anal??
@Jebusmike36 жыл бұрын
That just means you gave up.
@ikeshia19816 жыл бұрын
Ive done it and unless u scan thousands and thousands of high selling items amazon storage fees will murder u
@HB902106 жыл бұрын
Hopefully it's more successful than OfferUp and letgo...You end selling for less than you paid on these sites, not to mention you get every curbside scumbag playing games with you
@azarmalik84916 жыл бұрын
A friend of mine sells on eBay and Amazon. He simply reposts pictures of stuff that other people are selling, describing them in fancier words, and prices them higher. People will buy a higher priced items if it appeals to them. That guy makes thousands having the other vendors ship to his customers, and still keeps his high-dollar day job.
@CR-hq1uz6 жыл бұрын
Journalism is so pathetic these days. She didn't even mention the FBA fees on that first item. They clearly don't know many of the basic things about flipping and she hasn't made any money if she still has the items with her in the studio. She would have to sign up for an Amazon FBA account and send the items....then wait likely months for the stuff to sell. People are catching on and Goodwills and thrift stores are being cleaned out by resellers daily. Now there's gonna be even more people to compete with.
@mikepcap6 жыл бұрын
Actually most of the Goodwill's have caught on and are selling most of the good stuff themselves online.
@GravaticBurst6 жыл бұрын
Thats these anchors for you they dont do research someone else does it all they are is a face.
@alfabeta91046 жыл бұрын
That is so true. They must have got paid by Amazon to make it look easy. In this Amazon is profiting ..
@micahjohnsonboxing64096 жыл бұрын
B K Thrift stores aren't cleaned out daily.
@bettyboop17426 жыл бұрын
i started 6 months ago and listed 2 new items i got for free and just made $500 today. sold yesterday! it was worth a bonus for christmas heyyy
@haydenarchambault29276 жыл бұрын
$1,000 a month for a year is about $12,000 a year. That's below minimum wage.
@ex0stasis726 жыл бұрын
$1000 a month at 10 hours per week. Ramp that up to 40 hours per week, not taking into account that you get better by learning what sells, and you make at least $48,000 per year. Not too bad for a start.
@waltermessines51815 жыл бұрын
Where I live that's about 1,5 times minimum wage.
@ianmci6 жыл бұрын
This takes a lonnnnnnnnnng time to actually get profits. You have to be dedicated to actually succeed in doing this.
@Vinylrebel722 жыл бұрын
Amazon has warehouse fees, eBay doesn’t… you can drop shop right from your supplier on eBay.
@Luna_and_Miles3 жыл бұрын
Nice plug for Amazon. Do we really want to be helping Jeff Bezos make even MORE money off our backs? I'd rather sell on ebay and etsy.
@blackmegriffin92406 жыл бұрын
This is why good credit is important. Using free credit line to make money.
@FindTheSeven6 жыл бұрын
A Stand Great point and very true!
@anemiapwns16 жыл бұрын
HAZZARD Helps with investment capital.
@GDX24706 жыл бұрын
Did she say he profited 15% of 4 million with $60,000?? It’s actually 600,000. unless she meant he only paid himself 60,000 and reinvested the other 540,000 back into the business or elsewhere.
@GDX24706 жыл бұрын
she's trippin'
@RoIIingStoned6 жыл бұрын
Ramzinator I agree. I don’t trust these numbers but everyone else seems to
@coachcolton46576 жыл бұрын
He claims 60,000 in salary in order to reduce his tax liability. 15% of 4,000,000 is 600,000, but if he were to claim that as salary he would pay a ton more in taxes. He takes 60k, then the remainder (assuming he does not reinvest in the business) of 540,000 he can take as a “shareholder distribution” at lower tax rate
@RM-gr1mc6 жыл бұрын
Coach Colton he makez 4 million in total....doesnt that amount get taxed?
@rafaelceballo46436 жыл бұрын
Assuming there are no shipping and handeling fees, amazon fees and not counting time as money, there is a profit in the items mentioned on this video.
@728huey6 жыл бұрын
Rafael Ceballo There are shipping fees for these services. You can pay them yourself, or you can ship all these items for Amazon to do for you, but it comes at a gross percentage of sales.
@antonioo31826 жыл бұрын
728huey F Amazon. I know how to use a package tape dispenser...!
@antonioo31826 жыл бұрын
eQuariuz Gas? well, can't ups or Fed ex just come pick up ??
@debrabaron59676 жыл бұрын
My friend picks up free WOOD ONLY furniture from graigslists. Learned how to sand and paint it. Sometimes just paint job and new knobs. Makes alot of money doung this. Also wood furniture from secondhand stores. Sells to upper jiddle class and so called hipsters or yuppies
@nestlund9 ай бұрын
4 million in sales to make 60k a year salary. Ouch!
@1jscivolette3 жыл бұрын
smart enough to figure this out but still dumb enough to buy over priced uhaul boxes
@carlbeer71826 жыл бұрын
This stuff is only cheap because no one has bought them. Chances are you won’t sell them.
@baran77006 жыл бұрын
There is a minimum amazon fee of about $4 for FBA and it costs money to ship it to them AND to store it at their facility. So a $4 product that sells for $10 will not make you any money. On top of that, people also return about 15% of purchases on Amazon.Retail arbitrage does work but it's a very calculated business. You can't just buy any clearance item and expect to make money just because it costs more on Amazon.
@mjay7766 жыл бұрын
This is why you ship everything yourself. I don't buy clearance shit from Walmart but thrift stores and I ship everything myself for years. It's only if you're dealing with tons of items and heavy sales and you can't keep up with them does it make sense to use fba or ordering bulk from china
@13littleducklings6 жыл бұрын
Don’t forget that sometimes things are in clearance for a reason!
@2011blueman6 жыл бұрын
15% of purchases are returned on Amazon? That seems incredibly high. I think I've returned 2 things in the last 10 years and I purchase all non-clothing and food items on amazon.
@antonioo31826 жыл бұрын
Matt J I'm with you. I'm thinking of getting into this out of a simple garage & I do appreciate Your comment big time...thanks.
@antonioo31826 жыл бұрын
13littleducklings yeah. reason being that they need to clear out for a new season for example - but that season will always return..fir example
@bennyrodriguez87886 жыл бұрын
Yea I don’t see how isn’t attacking amazon or a cheap commercial for Walmart.... internet prices always be stores prices. Fuckin tvdusces
@MrAnderson846 жыл бұрын
*See what they don't tell you is sales rankings on products. You can buy them for cheap but if their sales ranking on amazon suck then you wont sell any or only sell a little. And if you're doing FBA, those items with low sales rankings will sit on a shelf and you'll be paying monthly for cubic feet of space you're using*
@MrNachoman214 жыл бұрын
Accounting taught him how to buy low and sell high?🤔 thought that was more along the lines of numbers crunching and excel modeling? No?
@ckrabmurda77776 жыл бұрын
Man quit giving away secrets!!!
@josiahmiranda52546 жыл бұрын
Otis Driftwood not really a secret. Most people just aren't motivated to do it.
@daveheel6 жыл бұрын
haha. there's a lot they don't tell you. storage fees, oversize fees, returns, pro seller fees, etc. i don't do much retail arbitrage any more. and they're dealing with small profit margins.
@JH-dh9pn6 жыл бұрын
Don't give it away for free that is
@raym.7786 жыл бұрын
It's not pretty stupid to tell everyone. There are people that share business knowledge all the time. What he's sharing is no different, and in fact it pales in comparison. He is making the money he makes due to his organizational skills and not everyone has or will take the time to learn thorough skills. You can't make a living selling clearance items anyways, that's just how he started.
@THEWARISWITHIN6 жыл бұрын
The Realistic Panasonic 💯💯💯
@tsmooth69986 жыл бұрын
what about gas? that is alot of driving to wally world.
@joshclemons66125 жыл бұрын
tax write off
@naegleriafowleri22305 жыл бұрын
@@joshclemons6612 write off your face
@fcas44626 жыл бұрын
lol you can definitely buy low..but sell hi is another story..
@calkicks46216 жыл бұрын
I’ll stick to dropshipping. Way less time and money to spend.
@LEE-ij4cc6 жыл бұрын
TechHub exactly
@koolkitties85526 жыл бұрын
TechHub Do you have advice on how to start dropshipping?
@calkicks46216 жыл бұрын
Karo French well there is a lot to it. There are lots of people on KZbin that teach it fully
@jamegumb72986 жыл бұрын
CalKicks You will likely not get the margins this guy gets and the dropshipping is not available for everything.
@chrisrunda33976 жыл бұрын
I started drop shipping used bras and knickers....very difficult...got into a right sticky mess:/
@tripjet9996 жыл бұрын
Stealing things and selling them on amazon and ebay makes even more money...but I wouldn't recommend it.
@brendaechols22285 жыл бұрын
Lame
@shaniceshipp86775 жыл бұрын
nobody thinks about stealing ink or those expensive calculators lol!
@DMP456 жыл бұрын
Its not as easy as it looks in this video. Making a dollar or two isnt going to get you anywhere. There are some “tricks” that can help you make money faster and more profit.
@antonioo31826 жыл бұрын
Hustle To Survive Do tell...
@mikejwomack95976 жыл бұрын
Not as easy
@gardensofthegods6 жыл бұрын
Mike J Womack maybe true but I will tell you this I met a guy he was you know your typical hard-working no-nonsense type football-loving hard-drinking does not put up with b******* type of dad and he was telling me how his 20 something year old daughter is doing really well doing just what that guy said in the video that she left her job because she's making thousands a month doing this and she likes it better because nobody tells her what to do she can come and go when she wants and work when she wants some people do have a talent for it
@mikejwomack95976 жыл бұрын
Been Selling on Amazon since 2013 I got my pro account and merchant fulfilled for a year i then did FBA later down the line. I have scaled back a bit from amazon because of Company IP claims (Nike,Sony etc etc) Which cause my profits to slip. But i have changed my products and added some of my own product my profits are Slowly increasing. I have a beautiful 4th quarter as well. I have also Sold on Ebay since 2011 and i am also a powerseller. I sell different products on multiple marketplaces and social media sites i gross over six figures doing this. But it was not easy at all. It takes a crap load of mistakes i lost thousands of dollars before i made a $1. The competition has increased because of the crowd of people who think they can just step into this and become some billionaire in a year lol. A lot of these people are really in the way and they will quit or be out of cash before they even get off the ground. I see them come and go BENNY BOY. Now you can go and sit down in the corner somewhere.
@antonioo31826 жыл бұрын
Mike J Womack You're just another douche afraid of a little sunshine....
@kleautvieul79085 жыл бұрын
I want to give my costumers value for their money so I try the product first, but somehow my tested fleshlights are not selling 🤔
@imluvinyourmum5 жыл бұрын
@David Walker They would actually probably sell for a bit, used panties sell
@AlreadyWinning6 жыл бұрын
I'm hearing a mix of opinions and ideas in these comments. Since I can't get a clear answer if this works or not I'll be trying this tomorrow. I just registered on Amazon as a seller, downloaded the app, and checked to see if I can scan things to see if it worked (which it does). I'll reply to this comment and let you know how it goes and keep you updated. This may just be a good side hustle after all.
@ninini31473 жыл бұрын
how did it went ? :)
@JamesJoyce126 жыл бұрын
Yeah - take an accounting course first - Revenue .neq. profit - Walmart has dropped the prices for a very obvious reason. If u really think ur smarter than Walmart the go for it.
@Heavy_Distortion6 жыл бұрын
Ryan is on borrowed time. He is exploiting pricing inefficiency. Any day now there will be dynamic pricing based on automated discovery across vendors and retailers including craigslist and eBay. tick tock....
@Oscar-gx2yf6 жыл бұрын
swankrecords interesting, id never heard of dynamic pricing but it definitely makes sense. However, it would never make sense to try and compete with craigslist and many ebay sellers because most aren't exactly looking to make a profit on items. It's more about getting rid of stuff and getting a couple bucks for it at the same time.
@seededsoul6 жыл бұрын
This is an old, old game. Ryan has found a new angle on it. As long as he keeps his eyes open to new opportunities, there will continue to be a place for traders in the future.
@EmilyArti6 жыл бұрын
Exactly. Walmart should employ someone to do this with their clearance items.
@2011blueman6 жыл бұрын
Amazon has been using dynamic pricing for years now.
@efisgpr6 жыл бұрын
swankrecords He knows...that is why he nets 600,000 yet pays himself 60k....saving half a mil per year...lol...he will be ready. Plus by then, he may find a new business....AND have several mil and a lot of time to find yet another one... It's a bridge to a bridge. 🌉
@starryphosphenes5 жыл бұрын
is there gonna be another Great Depression now..?
@blueconversechucks6 жыл бұрын
folks, before you spend a bunch of money on useless clearance crap, realize someone better buy it from you pretty quick our you'll be sinking a lot of money into your "side job". tread cautiously. I've been selling things on Amazon for years and most items take a very long time to sell.
@brendaechols22285 жыл бұрын
True
@yourfriendjohnny88895 жыл бұрын
blueconversechucks I know you're just trying to be helpful, but it's actually having quite the opposite affect. Where do people like you get off, would it hurt so bad to just encourage somebody, try to.speak uplifting and positive for once.
@imluvinyourmum5 жыл бұрын
@@yourfriendjohnny8889 Will you be uplifted and positive when you go from broke to $10k in the hole?
@Mr2legit2quitt6 жыл бұрын
Did news lady quit abc to do this shit?
@gil-juniorriseabovebetraya59726 жыл бұрын
Hahaha the comment below ... Yeah I'm pretty sure the news reporter quit her job. This sounds easy but it aint. You can have the items for months maybe years till you sell
@panormia6 жыл бұрын
Fake news.
@Travis_6616 жыл бұрын
Well I wont be buying items from his amazon account.
@RockstarFlipper6 жыл бұрын
and you know his amazon name how?
@CheapestGamer7 жыл бұрын
Revenue =/= Profit Not only that but if you try retail arbitrage with items that're protected(aka you need to be an authorized reseller of them from the manufacturer) all it takes is ONE fake/counterfeit claim from a buyer to trigger Amazon and possibly the item manufacturer to completely destroy you. Easiest way around that is to sell those items USED but put 'factory sealed' or 'new' in the item description. Between that and the fact that the Amazon phone/net reps seem to love to open ridiculous A-Z and/or return claims for the most absurd returns and that they'll ding your account if you don't at least acknowledge them, reselling on Amazon is NOT the way to Easy Street like this guy may want you to believe. An example of a ridiculous return request I've seen mentioned on Amazon's seller forums: a lady who ordered a circular tablecloth from a listing for a circular tablecloth but who expected it to magically be the square/rectangular tablecloth she actually wanted. Then there was somebody trying to send back a worn out pair of running shoes after something like 4 years. Even if you sell items during the Christmas season when the return period extends into January sometime you shouldn't have to be abused by ridiculous requests like the ones above. Yet many resellers on Amazon will refund such ridiculous requests rather than face fighting an A-Z claim or in some cases having the rep(s) handling the requests for these customers do it for them by force. So again, enjoy attempting to resell on Amazon by following this guy's model. Just don't be surprised when you run into customers who are still brainwashed into thinking 'the customer is ALWAYS right' because they're NOT always right.
@gstacks5106 жыл бұрын
CheapestGamer give em their money back and sell it again. MOST people aren't going to be that petty over a $10 item...
@CheapestGamer6 жыл бұрын
The thing is how do you know you're going to even get the item(s) back? Some 'customers' are just looking for free or nearly free items by filing BS claims against sellers. Thing is, many sellers have that same attitude that you do of 'give them their money back and resell the item again'. But all that does is train them to expect everybody to do it EVERY TIME. Yeah. Not happening. You can call me petty if you want, but I got into the reselling hustle to MAKE money not give stuff away to people wanting something for nothing.
@ThisIsDjYigytugd6 жыл бұрын
You don't need to be an authorized reseller to sell products. Not sure where you got that information but it's wrong.
@gstacks5106 жыл бұрын
You sound like you give up to easy..
@CheapestGamer6 жыл бұрын
Free Man Me? No. I would fight tooth and nail to prevent being scammed by 'customers'. I guess that's why I stopped selling on there, since I decided I'd rather sell face to face with a set in stone return/exchange policy than let Amazon's wishy washy bend over backwards for the 'customers' policy screw me out of money.
@robloxfan42714 жыл бұрын
The real life mr krabs
@dinewherever28676 жыл бұрын
I've listed my cookbooks and magazines (brand new) that I don't want to clog up my apartment, on Amazon for many months now, and I had managed to sell only a few items. Amazon charges very high listing, commission fees etc, yet it puts a limit on how much shipping I can charge... Even though I didn't take into account on how much I paid for my books when I bought them brand new, I still didn't make money after the Amazon fees and shipping. I can't imagine shipping to Amazon all my books and magazines that I want to get rid of and having to pay them the rent for storing and the extra processing fees when they sell. So I'm still chained to my cubicle job as of now.
@TheRomeo15806 жыл бұрын
Cheaper to buy at the dollar store and flip it online. 50 percent more profit
@kittenbaby7776 жыл бұрын
Omg great idea!!!!
@Natepillradio6 жыл бұрын
Rick Alvarez That and Craigslist. It's even better. Or Goodwill.
@theejoeylee6 жыл бұрын
Cheaper at an estate sale or yard SALE. ( YES NIB items)
@sankara68236 жыл бұрын
Rick Alvarez its cheaper to steal the items and flip it over online,100% profit😂
@tonyatesticles31966 жыл бұрын
jomax clux *Wall Street
@Nodrodsky6 жыл бұрын
IF they sell.
@fghghgvh6 жыл бұрын
The items are on clearance for reason. It’s means they’re not selling well
@kvmairforce5 жыл бұрын
Someone, somewhere will eventually buy most things, eventually. I can't tell how many times I found clearance stuff that I like. It might be niche product, and doesn't see well in mass.
@llothar685 жыл бұрын
Maybe they are oversupplied. Shelf space is precious real estate for shops. If it doesn't turn into profit fast enough they have to empty the warehouse.
@ascosche5 жыл бұрын
And yet this guy makes millions... Hmm. 🤔
@bensouthwell13395 жыл бұрын
or the technical term....a sack of old shite.
@MDC20206 жыл бұрын
As all media they don't tell you the whole story..I've been doing this for close to 8 years. She only told 1% of the story which she doesn't know. If anyone reads this if you're looking to make a quick buck..trust me you won't succeed. This guy like me buys in bulk I spend on average $3,000 A MONTH and spend 120 hourss in that month listing items and dealing with amazon. That Amazon sellers app cost you $40.00 a month btw
@HerAnxiety6 жыл бұрын
Sell weed. U make more money.
@wildwestunlimited6 жыл бұрын
Ya, I did this for about a year and a half, I made about $4000 in profit. It's called Amazon FBA (Fulfilled By Amazon) You ship your items to MANY different warehouses all over the USA that Amazon owns and they take care of all the shipping TO the customer, customer service and returns. It's not nearly as EASY as they make it look.Factor in; -- Gas money for searching (If you don't have a fuel efficient vehicle, FORGET this right now!) -- Vehicle maintenance / oil and filter changes (it's negligible, but it still costs) -- Taxes (Ya, more like TAXES!!) -- Amazon Fees (Amazon ALWAYS has their hand out wanting MORE money in the form of FEES!!!) -- Amazon Storage (Amazon charges a STORAGE fee even if it's been there for just a month on EACH item!) -- Shipping (Even though you get Amazon shipping rates, which are the least expensive ANYWHERE, it still is taking away from your profits) -- Shipping supply's (Yes you can ship in already used boxes, but where are you going to get all the tape, bubble wrap and shipping labels? This costs $$) One thing to know also, Amazon doesn't just allow you to sell ANYTHING right from the start. Nooooo, you gotta prove yourself for quite some time if you want to sell like, clothes, performance vehicle parts and thousands of other things!! Is this impossible? Nope, it CAN be done but the above is MY personal experience. Trust me, Amazon is doing this for THEIR benefit, NOT YOURS!! If you sell them something and the customer just "Claims" that it's fake, you're FINISHED. They will CLOSE your account and send you back ALL your stuff and YOU pay to get it all sent back to you!! (This has never happened to me, I just know the rules) My 2 cents, stick to being a customer, they love you then!
@Seekingtruth-mx3ur6 жыл бұрын
I'll stick to dropshipping for now.
@VibeNation_1006 жыл бұрын
SeekerofTruth29 hey I’ve been trying to get into the drop shipping business. May I have assistance.
@Seekingtruth-mx3ur6 жыл бұрын
Ms.Erica Hawes whats ur facebook? I can message u
@lilecua56 жыл бұрын
How has drop shipping been going for you
@VibeNation_1006 жыл бұрын
SeekerofTruth29 Facebook is Erica Hawes
@jameslincoln90846 жыл бұрын
SeekerofTruth29 what is drop shippin
@booksbooker86506 жыл бұрын
Too many of you mixed martial key board warriors. The topic is how someone took an idea and realized success using his idea. I would infer this is to inspire some, to try to thoroughly research this subject and possibly duplicate this young man's success. This man is describing a business and all business, should be taken very seriously, storefront or not. I read the comments, hoping to be inspired by what I assumed would be possible brain stormed ideas and examples of others success. Those of you that are able to boast your success in this area, please continue to out pace the silliness of those who obviously see nothing wrong with their efforts, followed by excuses.
@drransom016 жыл бұрын
keep worshipping wealth. keep worshipping the spaghetti monster
@jsiszero6 жыл бұрын
If everyone is already doing it, then there's a good chance you're not going to be as profitable...
@davidcohen78816 жыл бұрын
Nathan, how about becoming your own boss. Or would you rather stay at the mercy of whatever company you're working for?
@antonioo31826 жыл бұрын
Mike McGlock So you're saying if you were able to buy a Starbucks franchise, you wouldn't be as profitable as the other ones??? uuuuhhhhhh...
@jsiszero6 жыл бұрын
You won't be as profitable as the person who founded Starbucks, Antonio moron. The market is already saturated and profit margin is slim.
@SideHustleInspiration3 жыл бұрын
This is everyday working class inspiration for good working people to go from employee to entrepreneur by starting a work from home based side hustle.
@songsan8076 жыл бұрын
I sell at Amazon for many years and there are a few things they did not mention. 1st is that Amazon fee is up to 30% of Product selling price depending on the item category. 2nd is that the shipping might cost you more than what you get. The heavy tire chains might cost $20 to ship but you only got $3.99 from Amazon to ship it. 3rd is the time to look for the item, checkout, package and ship the items out. 4) If going this route with such slim profit margin, each return is going to eat up more than the profit of 10 sales. You can still make money but have to buy and selling things with a higher profit margin with things you know like in garage sales. Got games for $.50 that sold for $40+, $.25 hard drives that solve for $50+. Don't buy something that you don't know and good luck.
@SusanWernerPhotographer6 жыл бұрын
It’s a SCAM.... So many details you left off. You haven’t actually sold those items yet have you? You will not.
@alstevens70606 жыл бұрын
The scam is you can only make very little money doing this.He buys in bulk - well you usually don't get discounted items at Walmat in bulk.
@yourfriendjohnny88895 жыл бұрын
Susan Werner your last name is a scam
@cosmo7426 жыл бұрын
The developers are gonna patch this money glitch
@cosmo7426 жыл бұрын
Updating incoming!
@littyentertainment60326 жыл бұрын
There is no money glitch... i my self have learned this long time ago because i dont want to end up a slave to the system and live a normal life accepting things that i dont want and want to evolve as a human being and not remain low.)
@antonioo31826 жыл бұрын
litty entertainment Do you do this business?
@ThatK1dOnUTube6 жыл бұрын
GaryVee been saying this for ages
@jowahorn6596 жыл бұрын
Ole Boy Davey for years
@saulgoodman20185 жыл бұрын
AND FBA taking half your profit.
@brianruizy6 жыл бұрын
I doubt he any longer physically goes to the stores to single handedly pick items. Why didn't they explain how he does it now?
@clearanceninja87626 жыл бұрын
Absolutely this can be done and is done by many other folks under the radar. Good job kid, but stop giving away my secrets.
@mariosimpostor7316 жыл бұрын
MrHoppers002 EBAY NIGGA AND AMAZONG
@josephwebster91116 жыл бұрын
jvz5.com/c/869047/46405
@lenardstauffacher24896 жыл бұрын
I tried it . Now I'm stuck with junk no one wants to buy.
@vaquero35785 жыл бұрын
lenard - that means you bought things that were priced too high to begin with. I have doen this on ebay with stuff i got at walmart. it works. the main problem is being able to find enough stuff to sell.
@naegleriafowleri22305 жыл бұрын
give them away and learn your lesson
@karmafairy3516 жыл бұрын
If his business was indeed making money, why in the world would he share that to the world so that he will have more competition??
@nohomobro89336 жыл бұрын
Karma Fairy he thinks hes on top of the world, only to get crushed by someone else.
@licencetochillmatsi17166 жыл бұрын
its scripted
@Chrisraidr6 жыл бұрын
Karma Fairy If it's true its because he's already got his money and now it doesn't matter
@charlescxgo76296 жыл бұрын
The devil is in the details, you’ll never succeed unless you know some of the secrets up his sleeves which he doesn’t share here
@jimsmith9396 жыл бұрын
its a gimmick for Amazon since they don't really make or have the stuff its other peoples stuff sold on their site.
@RobertRoman6 жыл бұрын
Wait until she puts the product on sell and amazon takes their 15% and shipping cost for that product eat that profit away. She’ll end up losing money. Let’s say she buys it for $4, puts on amazon for 10.00. $1.50 will be the fees from amazon and shipping weight would be about $4.50. $10 minus $4 minus $4.50 minus $1.50 = $0 profit
@OuttacontrolMinistry3 жыл бұрын
Yeah it's not that easy so don't think that you're going to go on Amazon tomorrow and make money you have to have business license and all of that you looked into that you're not just going to go on there and sell it in and become instant millionaire or whatever so just just saying it's a lot more work than what the news is telling you