I've Made Over $250K Using This Retail Arbitrage Strategy

  Рет қаралды 31,770

Flipping Junk

Flipping Junk

Күн бұрын

Пікірлер: 64
@bigtimeflipper3595
@bigtimeflipper3595 2 жыл бұрын
Walmart clearance has been hot garbage in my area too
@marquisdavis8912
@marquisdavis8912 2 жыл бұрын
Went to 4 Walmart today and walked out with burgers to grill tonight lol
@walterzarm4954
@walterzarm4954 2 жыл бұрын
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!
@FlippingJunk
@FlippingJunk 2 жыл бұрын
That's awesome!
@johndough23
@johndough23 Жыл бұрын
why are you sending your kid to college if you are making all this money flipping?
@walterzarm4954
@walterzarm4954 Жыл бұрын
@@johndough23 Education is about more than money in my opinion.
@johndough23
@johndough23 Жыл бұрын
@@walterzarm4954 You can certainly see this with the ones graduating today..🐏
@quadkrazykeith
@quadkrazykeith 2 жыл бұрын
“I used to sell alot of weed….killer and chemicals” 🤣 thats where most hustlers start!!
@dustendawin4657
@dustendawin4657 2 жыл бұрын
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.
@oldfartvideos63
@oldfartvideos63 2 жыл бұрын
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.
@swaggod226
@swaggod226 2 жыл бұрын
Man I'm on the same path of making money off the flip. Thanks for the tips and tricks appreciate.
@CoinMan5000
@CoinMan5000 2 жыл бұрын
I learn a lot from your videos, I don’t comment often but I always hit the thumbs up button.
@FlippingJunk
@FlippingJunk 2 жыл бұрын
I appreciate that
@billbaxter3800
@billbaxter3800 Жыл бұрын
Did anyone else notice the pause between "weed" and "killer"?
@jojo90s4
@jojo90s4 2 жыл бұрын
Nice haul thanks for the video and information
@nancychilders4517
@nancychilders4517 2 жыл бұрын
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
@markthompson7503
@markthompson7503 6 ай бұрын
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).
@johndough23
@johndough23 Жыл бұрын
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.
@FlippingJunk
@FlippingJunk Жыл бұрын
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
@johndough23
@johndough23 Жыл бұрын
@@FlippingJunk Good stuff thanks for your time and insights.
@wiidspsp2000
@wiidspsp2000 2 жыл бұрын
You make 250k or gross 250k
@mythoughts6922
@mythoughts6922 Жыл бұрын
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.
@Whit3boy316
@Whit3boy316 2 ай бұрын
Where does someone sell a fan? It is local? I imagine shipping on a fan is crazy high
@FlippingJunk
@FlippingJunk 2 ай бұрын
It's not bad if you ship UPS or FedEx. I think the last one I shipped was $22
@Omar-nc2ub
@Omar-nc2ub 2 жыл бұрын
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!
@FlippingJunk
@FlippingJunk 2 жыл бұрын
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.
@LennyTim
@LennyTim Жыл бұрын
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.
@johndough23
@johndough23 Жыл бұрын
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.
@john-ze7eu
@john-ze7eu 6 ай бұрын
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
@dankrohn9339
@dankrohn9339 2 жыл бұрын
Those ceiling fans cost to much to ship I would think? Or do you send them in fba?
@FlippingJunk
@FlippingJunk 2 жыл бұрын
I just do calculated shipping. I've sold 2 so far and one person paid $75 and the other $22.
@spartanburgbusinessbroker
@spartanburgbusinessbroker 5 ай бұрын
What resources are you using to see if an item will be profitable or if it has demand?
@FlippingJunk
@FlippingJunk 5 ай бұрын
For Amazon it's their Seller App. It gives a sales rank and all the data needed. You can check third party data sites like Keepa as well. Ebay it's just searching the sold and completed and doing the research that way.
@dianebeatty1323
@dianebeatty1323 2 жыл бұрын
Do you have a video how to get started on retail arbitrage?
@FlippingJunk
@FlippingJunk 2 жыл бұрын
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.
@shadowphantomxx4861
@shadowphantomxx4861 2 жыл бұрын
Is it worth promoting items on eBay?
@FlippingJunk
@FlippingJunk 2 жыл бұрын
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.
@shadowphantomxx4861
@shadowphantomxx4861 2 жыл бұрын
@@FlippingJunk Thanks! Love the videos!
@johndough23
@johndough23 Жыл бұрын
@@FlippingJunk what is your ROAS?
@AllanzcnBusiness
@AllanzcnBusiness Жыл бұрын
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
@FlippingJunk
@FlippingJunk Жыл бұрын
I just ship it with the labels on the box usually.
@williamgillespie8019
@williamgillespie8019 9 ай бұрын
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)
@FlippingJunk
@FlippingJunk 9 ай бұрын
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
@research-marketing-lw6yu
@research-marketing-lw6yu 6 ай бұрын
5:27 "I used to sell a lot of weed, killer"
@dustin9271
@dustin9271 10 ай бұрын
Do you FBM or FBA the fans?
@FlippingJunk
@FlippingJunk 10 ай бұрын
It can depend, but usually FBA if I sell them on Amazon
@beegchunguz7425
@beegchunguz7425 Жыл бұрын
Wait, why would you be stopped from buying clearance? Thats some anti consumer stuff!
@JDproAV
@JDproAV 2 жыл бұрын
I forget, are you recording with a gopro?
@FlippingJunk
@FlippingJunk 2 жыл бұрын
Most of the time I do.
@Bigalhunting
@Bigalhunting 2 жыл бұрын
Followed on tiktac yesterday. Nice scores today
@raulchavarria7446
@raulchavarria7446 2 жыл бұрын
Did you experience the dreaded, ‘Summer Slowdown?’ I did, and I’m in a slump I can’t break out from.
@FlippingJunk
@FlippingJunk 2 жыл бұрын
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.
@ShopontheBlvd
@ShopontheBlvd 2 жыл бұрын
Do you sell more Amazon FBA or FBM??
@FlippingJunk
@FlippingJunk 2 жыл бұрын
Almost all of it is FBA.
@hectorg362
@hectorg362 2 ай бұрын
lmao why has lowes stopped you from buying clearence?
@rbend3
@rbend3 2 жыл бұрын
Screw tik tok please..do shorts on KZbin for your hardcore fans when you find RA.
@musicmatters1114
@musicmatters1114 2 жыл бұрын
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?
@MissAnonima1
@MissAnonima1 2 жыл бұрын
Not true at all. Where did you hear this?
@thomascabral8443
@thomascabral8443 2 жыл бұрын
so resourceful,,
@MoeToOFFeR
@MoeToOFFeR 2 жыл бұрын
Sounds like someone disrespected em and had to floss on en
@ggamer77
@ggamer77 2 жыл бұрын
Amazon doesn't ask for any invoices? Im hesitant to start on Amazon because of this.
@FlippingJunk
@FlippingJunk 2 жыл бұрын
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.
@redwolfexr
@redwolfexr 2 жыл бұрын
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.
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