Why is he doing this ? Tool Box Q&A

Many of you have questions about the tool box lot. I hope some of this answers will clear things up. If you guys have more questions please email me direct.
my email: [e-mail]

[@richardwood8896]

Thanks Pete for sharing your marketing ideas. It’s good of you to do this for others

[@tjslifeispie]

*Thanks buddy for trying to help us out!!*

[@theozonechamber5122]

Received Lot #1 earlier this week. Great stuff and quick shipping of course. Nothing less than expected. I shop these tools often for personal use so I was pretty familiar with the prices of them. Keeping about 20% for myself as most of the blades fit my tools, and I always need new blades. The glue and sharpies will go to good use around the office and my workshop. The rest was tempting to keep as well, but I've been giving Amazon a try the last few months and that was ultimately the reason I made the purchase in the first place. I have plenty of merchandise to keep me busy for ebay, and have been trying to filter in something that is a little more hands off. This was just perfect timing all around. Thanks Again Pete.

[@rhino850]

Looks like the end of the boxes... Too Bad, Pete was doing a solid for new sellers.

[@ericperich1240]

Let me know if you're going to do any more boxes. Thank You Pete. I enjoyed this Video!

[@MidwestPicker]

Congrats! Your 1 day auction tool box lot sold for $382

[@heartlandranchtv4943]

You really can't win with the online reseller community. Many just seem to be clueless wannabes who lack the skills necessary for success in business, or are looking for some get rich quick scheme, which reselling is definitely not lol. Just keep doing what you're doing, Pete! There are many of us who recognize the true value you bring to the table.

[@CraigslistHunter]

Thank you my friend and thank you for watching. Cheers !!

[@hagbard72]

The real problem with shipping to Canada is the brokerage charged by the shipper which often outstrips the cost of the item.

[@njther2649]

Pete thanks for the videos...always appreciated. If you are a reseller then do your homework and decide if it is a good decision/buy for you. We have a free market where you can sell what you want for what you want and if the market supports it then it sells. I just watched a video by Lonny with Garage Flips who purchased a box and will document the process of selling it. He is selling them on EBay so should be interesting to see how he does.

[@filedroid]

It amazes me as to why people are so skeptical in these comments. Pete is just offering this. He certainly isn't twisting your arm to buy. If all you did was double your money after expenses you would be ahead of the game. I now see why so many people are unsuccessful selling online.

[@NoMoneyG]

Nail on the head!! These are the low life SCUM TROLLS who rarely watch or who are jealous that they Failed at reselling. This is a very good deal!! I sell tools myself. None of these brands, but these are decent brands that will at least double your money...at least!!

[@MicrophonicFool]

Fuckin' rights bro! I have been known to be skeptical in many things, but this is NOT one of those. Anyone watching Pete even for short time would know what kind of person he is. The trolls/haters are competitors, and not good ones!

[@dokerbohm9209]

i have a question for you all why do people price products on amazon and some on ebay way over the price of the goods. some items 10x times the value eg. saw blade worth 19.99 good selling price and they have it at 249.99 why do they do that???its always on maybe 10 % of the listings of avg seller not all but a few way over prices. no one would ever buy them i don't get it --why they do that..as always keep up the good work great videos all the time lessons are always learned by me from you guys and girl i really get alot out of them you always add such heart filled comments i

[@mattbutnariu293]

Are they still available and where? I’ve been watching for a while. Would be cool to get some.

[@hpowens]

Thanks for all the info Pete. what is the name of your Ebay Store?

[@LenGJR1]

I agree with the majority. It is a Good thing what you are doing Pete. I've never met you but I believe your the real deal. A fair straight up guy. Thanks for the show.

[@randomness5074]

I shipped a Fully built computer (square case smaller) to my buddy in Toronto (from Vegas) through USPS Priority and it was only $25 @craigslist Hunter He didn't have to pay any import fees.

[@imjody]

Thank you for everything, Pete. Always love watching your videos.

[@tiesto6930]

Thank you for the info I learned something today preciate it..

[@shirleyplumer2276]

Never question the guy who is doing this well.

[@dw-nb2zh]

Ask yourself this - if you were doing "this well" in a competitive market, would you share your secrets? Of course you wouldn't. The only reason these KZbinrs do this is to make $$$ cuz they ain't making enough reselling their crap.

[@PatDees]

Some people are dumb. You were open and honest that you paid 10k for 28 pallets or roughly 12,000 pieces. So quick math that’s about 90 cents a unit. Your selling the boxes for $170 minus $40 in shipping and EBay fees. Net $130 - 77 boxes you have your 10k back and all the rest is profit. Another way looking at is you are getting roughly $3 a unit on a 90 cent purchase - almost 200% return. How many people just love to get a 100% or double and can’t even figure that out. Pete this is why your the business guy. You understand cash flow. You understand opportunity. These tools are going to provide $1500 week profit for next 10 months and within first 6 weeks you will have all your cash back, essentially after that the ride is free. The only thing that’s not free is the ride - there’s work involved. You went after the deal , your plugging the specials , paying employees to pack the stuff and following up on KZbin. It’s called work. Keep up good job. We all want to be like Pete. But you got to put the effort in to do it.

[@CraigslistHunter]

Simple math. Thanks for watching. Cheers !!

[@MidwestPicker]

1. Pete can't sell these items one at a time. It would take him 50 years. 2. The market won't get saturated because these items will sell fairly fast.

[@matthewedwards8179]

Thank you again Pete. I have increased my profits triple by watching your videos and taking the advice you share. I’m glad to support your channel and if I get a chance I will gladly buy a box. I have made the price of a box many times over from your advice. A mentor and reseller of mine says “be like candle light and not cake” share the light for all to see

[@dokerbohm9209]

when selling multi packs of say gorilla glue to be sold on amazon fba the units of glue can they be just shrink wrapped to gether or is there some special package you need to bundle them together in canada and do you put the sticker on the outside of the shrink wrap or poly bag ??

[@johnnyg2983]

Pete! Everyone’s buying up all the 4 head vcrs cause of you😡. I’ve made money taking your advise and I know others have too!! Keep up the good work , your an asset to the community 👍. The real deal...thank you.

[@susangarcia6233]

Same for vinyl record jukeboxes. Luckily not a crowded field yet.

@2:00 if people are 'worried' about market being flooded, they have to find another job. If you didn't buy that lot, someone else would have, and they wouldn't be just sitting on it. Every day is a variable of every aspect , so if you are not flexible , you are not cut out for the task of this industry. Excellent video!

[@ManMountainMetals]

This special drives views on his KZbin channel & customers to his eBay store, as well as giving people a great deal on new inventory. A classic win~win~win. ( He's got a great deal on scotch brite too)

[@Jayf1981]

you've been successful following your instinct Pete, anyone who follows your advice that's willing to hustle will benefit!

[@primetime1868]

Why Cant you people just thank Pete for helping people out with cheap merchandise instead of questioning everything he does. like he says for him it's not about the money he just wanted to give back. Pete thank u sir. thank u for helping people out.

[@dw-nb2zh]

LOL! One of the first sales he made of this, just coincidentally, happened to be to another KZbin vlogger. Yeah, more clicks, more $$$. No KZbinr is just "helping". There is ALWAYS an ulterior motive.

[@b-man1232]

I couldn't agree more. People are morons. He sells, resellers sell...everyone is happy!! Why is this so hard to understand?

[@phatnsauceytvbighapps4085]

Bullshit its always about the money with Pete!

[@b-man1232]

@@phatnsauceytvbighapps4085 - sounds like you need to watch other KZbin channels!

[@phatnsauceytvbighapps4085]

@vinyl79 who do you heip? Do you giving?

[@lennynjacob3654]

Just found out about you from another reseller I've been following. How do I purchase a box from you? I've been doing this for less than 6 months and I'd like to try out tools from someone that's trusted within the community.

[@thedeafgenius]

So the boxes are going to be auction style from now on? Asking because tool box 5 is currently at $350

[@burtonbonham1629]

Sold a VCR for 59.99. Thanks man.

[@kylebutz2003]

Why is anyone asking why these guys would do this? It makes total sense. It's a lot of work to sell all of this stuff so he is basically wholesaling it to his fans. He will do just fine on the boxes and others can maximize profit piece by piece. If you have tons of inventory, you are going have to move it. And with a built in customer base here, they'll sell and everyone wins.

[@nw1911guy]

After seeing the video of the inside of your warehouse, I can’t imagine all the stuff you have on hand. Lol. Seriously though, it’s a nice thing of you to do. Wish I had the spare cash to grab a couple boxes. Hopefully I’ll get some other stuff sold.

[@eddya.3776]

There's always gotta be a Doug and Wendy Whiner in the crowd. Get the box in the mail and relist it for $300 + shipping and see what happens. Even if you list it for $275 + shipping you would still make a small profit on it. Pete you'll never please everyone I say good on you for hooking up your viewers it was a nice gesture plus it brings more eyes to your eBay not that you need it but it still counts. Thanks Pete.

[@TheNinjaPicker]

Its a good idea, some people are jaded. Have some fun with it Pete

[@davidszef]

Do you use stamps.com or a different service to keep shipping labels?

[@ghost7942]

He Definitely Get's Blowie's From Vicky LoL

[@bonniecrilly6549]

You are the best one out there in your field of knowledge.

[@michaelgentile5466]

Where can you buy the boxes?

[@indy87colts]

i'm interested in a tool box but can't find them on ebay. I'm a new reseller and could really use some inventory. please help me Pete :)

[@mnj_treasures3108]

haters are everywhere..... They may not be top of the line but they do sell and people will make a profit. IMO those are great for those new to reselling. Keep up the generous spirit and good work Pete. Great for the community!

[@douglas787]

I watched the video that GARAGE FLIPS uploaded on the box he bought. He got some very expensive carbide blades and a lot of very nice tools and consumables. Not a rip off at all.

[@junkguystucson1087]

A way to move product faster & get in the green faster on that purchase & a way to quickly liquidate smalls, increasing your fans / veiwers & resellers chances of putting food on our table & keeping a roof over our Family's head,, you Guys Rule, Way Thank You Pete, Adrian & Miss Vicky,, i wish the best for the rest of your journey...

[@BryanGuerratv]

It's always super expensive for me to ship international. I usually just say "eh, not worth it haha."

[@garyhertel7025]

I charge to ship international. they will pay they expect it. when you offer free shipping on an item that does not apply to International.

[@carole.strain8306]

Free shipping is a polite fiction. To stay in business you must charge.

[@carole.strain8306]

@vinyl79 I am in USA. I looked at chit-chat. What a wonderful service. I will spread the word on the selling group I belong to.

[@nedasher116]

Do you have a link to the tool box buy

[@Fastxfords99]

Always something to learn! Thanks for the vids Peter:-)

[@BKVendingFlipping]

Thanks for the video and hard work. Giving back is awesome.

[@Zerkbern]

Link to store?

[@nebraskapicker2952]

How do I get a box I'm interested

[@norxcontacts]

Pete, you could set up a wholesaling group. Direct sales through your own website, only pay CC fees.

[@anavalle1406]

How can I get a box Pete?

[@andyattitude2000]

Are you still selling the TOOL BOXES?

[@surimaribo24]

i cant believe people has question pete on this . this is the f generation we in . people like pete try to help and instead of appreciating him they have questions . men pete dont worry about explaining these useless questions . these type of people will not change due to they already has made a conclusion about it .

[@MicrophonicFool]

Canada gets utterly shafted by all manner of shipping costs. That and customs charges

[@cesarvargas3994]

Pete didn't force anyone to buy these lots. He provided all UPC codes so people could check out if it was for them or not. If you are in the reselling game and you don't research what you buy then you will never make it in this business. I'm sure he profited, it wouldn't make sense if he didn't. That doesn't mean there isn't money to be made. Personally for me it's not an investment I would make but for someone else it might be. He even said he is done selling these and there will be no more. Why would he stop selling them if he was trying to rip everyone off and is selling them so quickly? He is losing tons of potential profit and unlike majority of us he has a store in which he can sell all this stuff without going online. Too much hate and jealousy going on. No matter what someone does or say there is people that will always have something negative to say about it.

[@buschleaguers75]

good way to recoup that money a little quicker....i was thinking about buying some tools for myself to keep...lol

[@glendafromaustralia1625]

Great video Pete. Australia 🦘🦘🌕

[@sirpainter1]

20 lbs limit on med & lg flat rate to Canada & 4 lbs for small & envelope flat rates.

[@loganp7043]

I definitely want to buy one of those boxes but they are going fast I’ll probably keep most of the tools for myself and sell the ones that I already have

[@zilloworld2303]

Pete, a wise man once said. "Haters gonna hate". -Arostotle circa 320BC

[@lrmwharf864]

😂 ✅

[@makingmyselfgreatagain6513]

Is he drinking whiskey??? Thumbs up!!

[@EastonUlster]

great idea will paypal stop you after 1000 skus

[@wendyodell356]

💜

[@maxsands3861]

I buy tools on ebay for my main job, my experience with buying on amazon has not been near as good as ebay. Another thing I don't think you could flood the market with sawzall blades or utility knife blades if you had to.

[@Toyotas_n__Tools]

These are consumables also. Seen your listings for tap n die sets... any deals for a viewer? Im apart of a large collection of tool guys on facebook and on here. The irwin pliers, not the vice brand ones but the rebranded NWS pliers made in Germany were clearanced out last year from lowes for a few dollars, theres been test done on them compared to the normal brand NWS and they test as inferior compared to its counter part.

[@gonzo5912]

I use Ebay for most everything cuz its cheaper and sometimes it comes in an Amazon box.

[@nuestromundo5815]

Pete I tried to buy the box but I don’t see any new listing...

[@TheSanchezFamily1062]

Why not just make a 1 listing with multiple quantities of the box Describe its a random box and sell more boxes than just 1 a day so everyone gets a chance to sell.

[@chrisgray3195]

Cheers Pete

[@junkguystucson1087]

Smart Man...

[@judahdryan6015]

Pete, thanks for the videos! I had a quick question for the eBayers in here. I have an item listed on eBay with best offer and I have one guy from Hungry who's offering me way much more money than what I have the BIN price for. I've heard that this is a scam tactic. Like I said, eBay says the buyer is from Hungry. Should I accept his offers or keep declining them like I have been

[@craigerlist]

To the people who say "Flooding the Market" .. Really?!? That term would only apply if Pete was selling Millions of the Same Exact Item ! Chill out. When Pete sells all his inventory, there's no more "Flooding" right? I also didn't see the term "Flooding the Market" when Pete got all those Toys R Us pallets.

[@Ciro65Sr]

The tool box is no different from mystery boxes sold on other platforms.

[@arthurmorgan9559]

is it just me or did the medium flat rate box get a little smaller?

[@ThisIsTheRealMe2]

ben melnick - I was thinking about that myself. Over time it may have. The Med. flat Is about the same size as regional A

[@michellerivas88]

How much to you sell your 📦 boxes of tools for?

[@whodidit99]

These are low level brands. Before you buy be sure to look them the sold prices on Ebay. You are one of the good guys, Pete, but you aren't doing this to help other buyers, be honest. You know that these are not worth your time or even your employees time to sell individually, and you made a business decision. You are making more money selling in lots.

[@parityisuncertain8391]

He already said he's making a little bit of money on these. I will agree on that fact that these are low level brands. The sell through rate on a lot of these items are not that good at all.

[@MsSephrena]

Pay no attention to the nay-sayers - They will always popup no matter what anyone does - Thanks, Pete, and Thanks for Sharing...

[@phatnsauceytvbighapps4085]

Its not about the money yea right!

[@moonshinefuel]

not true, no google ad-sense in any of his videos

[@SirNecro]

Its a simple numbers game. This channel has around 95,000 subs. There are 170+ MILLION active users on ebay usa. There is going to be a couple of hundred of these boxes max. There will NOT be any market flooding. Its simple Math. Also, it's not too good to be true. He is overstocked and wants the warehouse space for other items. Its an advertising campaign!

[@deklinarmstrong8812]

First and hi Craigslist hunter

[@BryanGuerratv]

lol

[@shawnpearsonsandhilltreasu8973]

Lonnie's box looked pretty damn good for the price! Good job Pete!

[@Gampers]

Helping people? Purchase price is less that $1 each, and there are thousands of pieces he needs to move. So who is he helping?

[@bradbarr5658]

Hi, What’s your seller name on EBay?

[@danh2134]

pajatek1

[@gailresources8120]

I sent you an email through the website, a few days ago. Platinumresourcesinc.. Thanks!