7 Hours and $1000 Profit: Amazon Retail Arbitrage Sourcing as a New Seller

[@kylebell9364]

It’s super exciting to watch your videos as someone who is about to just go all out for this. I’m stoked! I love logistics and thrifting. Also, I’m so close to south bend/Elkhart area! I go there ALL the time! I live in LaPorte. Thanks for your content, excited to learn more.

[@handleygurl]

riding to work listening to you !

[@NikkiKirk]

Diamond Douglas 😆😆😆

[@ElPatron-sw7gb]

Thanks, great videos. You are the only one that really explains how to do FBA and FBM . I am going to do more FBM right now, because I find, for FBA, sometimes takes a month to get the item in the system. I am going to study your videos , I am sure I will up my Amazon game. I agree that for FBM, items under a pound, easy to ship. I know it will be less than $5 to ship and I will build in shipping to the selling price. Thanks again.

[@ButterflyHustles]

Awesome Finds ! 💯🦋 I love your videos you're so knowledgeable 💯

[@NikkiKirk]

Thank you!

[@marocinfo1087]

Hii Nikki please do some videos about online arbitrage thank you so much in advance

[@NikkiKirk]

Maroc Info will do!

[@omarherrera1786]

Awesome video. Thank you

[@NikkiKirk]

Thank you! You’re welcome

[@starkyvill]

Hi, I’ve been watching your channel love the content you put out.since you’re here in Indiana and you happen to come to Indianapolis, if you don’t mind me tagging along with you guys so I can learn firsthand from you guys I will greatly appreciate it.

[@katiebutcher2771]

Same!

[@areynolds1990]

Have you ever thought about buying a blue tooth scanner rather than scanning with your phone? They are much faster and easier. Also, scanners will save you phone battery.

[@NikkiKirk]

No, I don’t think I could do it haha!

[@judit3191]

So if FBA is sitting at warehouse for weeks, dont the price changes by the time it goes live, to the point you might not make any profit/breakeven only?

[@NikkiKirk]

Sometimes they do go down, sometimes they go up! It all depends.

[@johnsaleem470]

I am trying the arbitrage thing, but I am curious, for the bloggers why all the action happens 11 month ago?

[@Harvz78]

Hey Nikki, can you make video how to use the Amazon app. I just download it, how do you determine what to put on shipping?

[@lizny9239]

If im in a store scanning kitchen items, I'd assume I'd be gated say for Oster, but when I scan as a new seller will I know immediately that I can't sell it?

[@NikkiKirk]

Yes the app will tell you if you cannot or can sell it

[@EmpowerUOnline]

Nikki!!! What determines what goes on your FBM versus FBA? Can seem to figure this one out.

[@NikkiKirk]

Hi Mark, in the first minute or two of this video I go over what is good for FBM. Basically anything light weight. kzbin.info/www/bejne/j5CYl4efiJV6oqs

[@EmpowerUOnline]

@@NikkiKirk Makes sense. Thanks! My only issue with FBA is the amount of time it takes to get your items listed. It always takes 3 weeks for shipping and the actual items to be listed. Then yiu wait a few more weeks to be paid if you sold anything.

[@estherboni6379]

As new seller, gated in almost all categories, can I integrate the bolo group?

[@NikkiKirk]

Hi Esther! Yes there are members who are gated and some who are going through the process of ungating in the group.

[@elenafisher7286]

How do I get Auto ungating ? Can u please explain? All still confusing to me Lol

[@ericavalencia4340]

Hi Nikki, what if I find an item that showed up but with no price on it and it tells me I can sell it. Can I sell that item and add my one price? Thx

[@NikkiKirk]

Yes! You can list for any price you want, I usually check on Keepa to see what it was selling for.

[@marcosgoiano23]

What happen if I buy something at Walmart target etc. to resell and Amazon ask me for the invoice or they never ask for the invoice

[@pattoniouschris1176]

When you say something makes a certain amount of money, are you subtracting what you bought for it? Cause wouldn't be less?

[@NikkiKirk]

Yes of course. I’m always talking profit

[@rodrickstill1201]

Do you help new beginners with fbm... I really would like some knowledge from you...

[@NikkiKirk]

I did a video Step by step FBM video last Sunday! kzbin.info/www/bejne/j5CYl4efiJV6oqs

[@rodrickstill1201]

Nikki Kirk thanx for replying back

[@Dawn-S]

I was auto approved in Rain-X and I’ve gone to add a product and it won’t let me. I went to my “approved” section and it says I’m ungated???

[@NikkiKirk]

Dawn S. You could be gated for auto. The best way to see is on the desktop version it will tell you what’s gated

[@Dawn-S]

Nikki Kirk Yes, that’s the part that confuses me, the desktop version says I’m approved.

[@allisonvz7932]

Hi Nikki, I did my first trip yesterday to tj maxx, 2 Ross stores, staples, and noticed that 98% of sku are not recognized on the Amazon scanner. Very frustrating and can’t understand how to make money. Do you have a video of adding items that aren’t already on Amazon?

[@ElPatron-sw7gb]

I have the same problem. These stores put their own bar cose over the manufacturer bar code and you scan it and its a blank. Sometimes you can pull enough of their bar code off to be able to scan the original bar code, but its a lot of work.

[@Xoolution]

Where do you purchase your bubble mailers in bulk?

[@NikkiKirk]

I get them from Walmart, Target when walmart is sold out. If you are doing large amounts I would just buy from Uline directly.

[@Xoolution]

Nikki Kirk thank you! Just found your channel and have only seen 2 of your videos. Very informative. Thank you for sharing.

[@colibrí92]

Hi I just finished to watching this video , it’s awesome u channel in live in Toronto Since 1 year , a quickly question! Is recommended create a new listing !, just to sell products one time?? For example if I did retail in Walmart, but the scanned product is not in amazon I can create a new listing for that product!!??? Doesn’t matter?? It’s good ??? I won’t get trouble after or something like that!!??

[@NikkiKirk]

Hi Brian, Yes you can create your own listing, there are no rules against it. You just need to be sure to make it really well with search terms so that people find it and buy it!

[@colibrí92]

Nikki Kirk awesome!!! I didn’t now !! U have a some video about that!??

[@asthesurfacebreaks]

Hey Nikki! Just wondering, do you get different amounts from ad revenue if we watch the full ad vid or skip? I usually skip most of the time, but I always let the ads play out on your videos because your videos have been so helpful in case it makes a difference. That being said, if you're credited the same it would save me a lot of time 😂

[@allisonayalaeaves4755]

Thank you!!!

[@NikkiKirk]

Allison Ayala Eaves you’re welcome!

[@burnabyboysproduction6650]

Hi, if I bought the get ungated I’m toys package would it also work in Canada. Because I’m a Canadian seller and selling on amazon.ca

[@brendahart7343]

Hello Niki ! Question, when making a bundle listing of 3 items do i use one barcode or 3 different barcodes ? i am confused

[@NikkiKirk]

Hi Brenda, you would use one barcode!

[@OKCMomma]

How do you handle name brand shoes without boxes?

[@NikkiKirk]

OKCMomma I only sell them with the box

[@OKCMomma]

@@NikkiKirk thank you😊

[@ablede4933]

Hi Nikki, thanks for your video!!! I send you message on messenger about ungating. Can I use ungating for European market or only for US 🇺🇸 🤔? Thanks for your reply

[@NikkiKirk]

Abderahim Pulsacom I don’t know if they work for EU my suppliers are US based so I would not assume they do. Sorry!

[@ablede4933]

@@NikkiKirk thanks Nikki for your response !

[@lesliesolorio2633]

Hey- what do you tell employees at store when they see you scanning stuff?

[@NikkiKirk]

I’ve never had an employee say anything. Customers sometimes will ask if I’m checking prices online. No matter what anyone assumes I’m doing, I usually just agree with them 😆 it’s easier.

[@Ana-wq7qr]

Hello!!! Sorry to bother you but how can i know what items I have ungated? 🥺

[@Ana-wq7qr]

And how to get ungated ? I just started and don't have a clue 😔. And also which app do you use to scan.? Thank you in advance!

[@NikkiKirk]

Hi Ana, I use the amazon seller app. If it doesn't say restricted, you can sell it! If it is restricted, that's why I created my ungating guides to help new sellers get ungated. You can view or grab them here: gumroad.com/nikkirk7

[@almeqdadtannan2942]

Thank you so much . Do you have LLC ? How to pay tax ?

[@NikkiKirk]

Silicon Valley hey! I do, and I just pay them every year when I file.

[@mygodisable2]

Nikki, how long does your phone battery last if you are shopping in a store for 7 or more hours?

[@NikkiKirk]

I charge in on the drives to another store, it seems to last fine. I do have a battery pack in my purse but I don’t use it very often

[@mygodisable2]

@@NikkiKirk Super, thanks.

[@thenewjerseymama4348]

New to amazon (sorta) I started my first product as FBM the day before prime day because I already had the box of my inventory at my house, my supplier was holding onto the rest waiting to ship to amazon but they were giving me issues 🙄🙄 so that’s why I just went ahead and started selling my product as FBM... they finally received my inventory on 10/19 🙄 and they’re transferring to other FC’s so it’s all good now, hopefully. I went to Walmart yesterday... got super excited and scored on a bunch of items YET I’m restricted in a lot such as toys 😭 I tried getting approval but they want the invoices 🙄 so I reached out to seller central to get approved (still waiting the 2-3 days) plus I mentioned I didn’t know that the deadline was last week to apply to sell toys and it took amazon 2 months to get my act active and inventory as well so I was losing $$, so that stinks. But anyways... you mentioned as a new seller that clothing is ungated, haven’t tried scanning anything yet but shopping at TJ Maxx, Marshall’s, Burlington etc, I feel like a lot of their clothing are brand names so won’t they be restricted? I’m a huge Amazon shopper as it is I always am buying clothes and I do tend to return it if it doesn’t fit and I’ve heard from other people who sell on Amazon saying don’t do clothing because there’s a higher return rate🤷‍♀️ I went to one store today and the only thing I got that was ungated in the baby section was by playtex- it’s not a bad start but I was happy as hell! Either way worst case scenario I can just return everything if they don’t sell and I have it listed on eBay as well 🤦‍♀️😂🤣 just in case. I took your advice about the pioneer woman in the clearance section there was a bunch of stuff, of course I couldn’t list it as new but after watching this video I finally got cleared to list it, I have to wait 24 hours but thank you for your advice! I’m just hoping I don’t get suspended and get approved for kids/toys items, as well as baby because I have a one-year-old so I know a lot of good items. Any advice for a newbie?

[@katygriffith9472]

Amazing

[@Garden-Resell-Thrifts]

Are we able to use ebay branded bubble mailer?

[@NikkiKirk]

I believe you are asking about FBM and you can use whatever you want, just remember you are a business sending to your customers so you want it to look professional.

[@mandibultman3397]

When listing for FBM do you just raise the price enough to cover the shipping cost since you said you have it set as free shipping? I haven’t jumped into FBM yet, because the shipping templates confuse me.

[@NikkiKirk]

They confused me too at first. I really try to stick to light items that fit in a bubble mailer. The price is usually right around $3-4 and sometimes $5. I take the price of shipping into account so let's say I want to make $5 on an item, I make sure i will get the cost of the item back plus $10 so I can have $5 of that to cover the shipping.

[@kengreene6804]

what rank percentage do you reccomeend for a new seller

[@NikkiKirk]

Hi Ken, It varies by category. I have a free rank guide when you sign up for my email list

[@areynolds1990]

Which cities in Michigan did you hit?

[@NikkiKirk]

Aaron Reynolds I was in the greater Detroit area

[@henryneithofer1294]

What app are you using ?

[@NikkiKirk]

The amazon seller app