How to Make $150/hour with Retail Arbitrage

Ойын-сауық

Have you heard of Retail Arbitrage? Are you curious how you can start a new side hustle and make over $150 per hour?
In this video we go on a sourcing trip with our friend J-wack to learn about the world of Retail Arbitrage. There are many ways to make money off the world of flipping and this one has been popping off all over the internet!
J-wack's KZread Channel 👇
/ @j-wack

Пікірлер: 136

  • @NiceFindWholesale
    @NiceFindWholesale10 ай бұрын

    👀Looking for the BEST inventory for your business? Be first to know when we get NEW product👇🏼 nicefindwholesale.com/pages/email-list

  • @Chicago48

    @Chicago48

    3 ай бұрын

    Retail Arbitrage not anymore....not good. The retailers have caught on.

  • @generalnonsense1243
    @generalnonsense12432 ай бұрын

    Exceptional presentation. You asked all of the questions I had. Love your style. Hope your channel and retail arbitrage efforts make you some bub!

  • @thewinsofchange1493
    @thewinsofchange14936 ай бұрын

    Thanks for the video. Our numbers are very similar and it's an awesome side gig. I've been doing it since 2012.

  • @amandamartinez-5068
    @amandamartinez-50685 ай бұрын

    The only video that mentions the cons/things you have to watch out for like gated brands. Every other video just says oh yeah, this profitable and that’s it. Thanks for sharing!

  • @NiceFindWholesale

    @NiceFindWholesale

    5 ай бұрын

    Super happy you found value in our video! Thank you for your comment!

  • @ThePlainwellShots369
    @ThePlainwellShots369 Жыл бұрын

    Very informative video, we have always done ebay and marketplace, with just pallet sales but this opens up a lot of ideas for us. Thanks for sharing Damian will be in touch soon for another truckload possibly.

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    There are almost TOO many ways to make money! As long as you are using all these avenues there are plenty of income streams!

  • @Sunnyside2424
    @Sunnyside2424Ай бұрын

    Great video! Good info from JWack! 👍🏽👍🏽

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Glad you liked it! Please don't forget to like, follow and stay tuned for more useful videos! 🙌

  • @BorisBidjanSaberi11
    @BorisBidjanSaberi1110 ай бұрын

    Really great video. Buddy knows his stuff

  • @NiceFindWholesale

    @NiceFindWholesale

    10 ай бұрын

    Did you see our sit down interview with J-Wack after he got shut down?

  • @JayMar14
    @JayMar149 ай бұрын

    I learned so much game from this!! More videos like these please!!

  • @NiceFindWholesale

    @NiceFindWholesale

    9 ай бұрын

    Make sure to subscribe! Let us know what you'd like to see!

  • @MrApexYT
    @MrApexYT Жыл бұрын

    Great content! Randomly found your channel, very happy I did!

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    Appreciate you man! Hope to see you back with a few friends!

  • @reynanledesma9580
    @reynanledesma95808 ай бұрын

    Great vid!!!!

  • @NiceFindWholesale

    @NiceFindWholesale

    8 ай бұрын

    The video is only as great as the people watching it! Thank you for being here!

  • @nickjohnson2480
    @nickjohnson24804 ай бұрын

    Great video. Although, I would say you're doing it more than Part Time in some people's mind.

  • @ferdousahmadi6101
    @ferdousahmadi61017 ай бұрын

    Hi guys awesome job, would be great if you could show us how that will be shipped to Amazon with different product in one box and setup on seller account for selling much appreciated.

  • @darcidefronzo4543
    @darcidefronzo454311 ай бұрын

    Hey Damian! Great videos! I think I ran into him once at your store a couple years back and talked about Amazon. I think I may try it. Ebay's been good to me (so far)... :)

  • @NiceFindWholesale

    @NiceFindWholesale

    11 ай бұрын

    Hey there! That's awesome to hear. Come visit us at the warehouse!

  • @justovaccu7768
    @justovaccu77687 ай бұрын

    Do you have Universal Product Codes (UPCs) for all your products? What does that mean

  • @ANARCHY-nr2lq
    @ANARCHY-nr2lq10 күн бұрын

    How does taxes work?Do you have to have an LLC

  • @Saitbros
    @Saitbros5 ай бұрын

    How long it will take to sell ?

  • @xAlphaSpiderx
    @xAlphaSpiderx23 күн бұрын

    Great content 🫡

  • @NiceFindWholesale

    @NiceFindWholesale

    21 күн бұрын

    Thank you! 🙌

  • @214Ro
    @214RoАй бұрын

    Great video i am mainly an ebay seller and a lot of the products he picks are horrible to sell on ebay while he skips the shoes and pants etc which is where i eat at Ross... awesome perspective i feel like ebay and amazon are equally as hard. Easy to find things to sell but it is about getting that return to get more... but ive found if you strictly source good items they will sell the mid stuff will sit eventually sell maybe but you really cant afford to sit on an item for a year

  • @cynthiahundley8023
    @cynthiahundley80237 ай бұрын

    Hey, I’ve tried selling Nike shoes.. but saying I need approval?

  • @user-nk5pp2uh7d
    @user-nk5pp2uh7d Жыл бұрын

    Great video, i started a couple months and really can relate to your strategy alot. Ross is by far my favorite spot and there are 5 within about 15 minutes of me so works for my business model. I sweep through burlington super quick though, always higher prices and the bar codes getting covered is so annoying!

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    Happy to hear you enjoyed it! Is Ross and Burlington the only way you source?

  • @skybiz4520

    @skybiz4520

    7 ай бұрын

    Amzn will suspend your account in no time. 90% in this video is BS straight.. Dealing with these Penny items not worth it, even if you get it for free..

  • @user-nf7gr2cn1p
    @user-nf7gr2cn1p3 ай бұрын

    Like the video 🎉

  • @larrylarue3997
    @larrylarue39972 ай бұрын

    What they don’t mention is that that hourly profit is just an estimate because they don’t mention price tank and returns

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    That's a valid point! Hourly profit can fluctuate based on various factors like price drops and returns, which are crucial to consider in any business model. I appreciate you bringing this up-it's important to highlight both the potential and the challenges in this industry. Thanks for watching!

  • @jasonhong6586

    @jasonhong6586

    Ай бұрын

    22:24 You didn’t watch the whole video. He does mention it.

  • @jasonhester1086
    @jasonhester10866 ай бұрын

    You passed by a pair of Hoka Shoes at Ross. ( over 100.00. Love this video though.

  • @akahee22
    @akahee22 Жыл бұрын

    🔥

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    🫵 the man!

  • @twosdaymarketingagency3618
    @twosdaymarketingagency36189 ай бұрын

    Great video! Do you have to ungated the products before going to the store?

  • @NiceFindWholesale

    @NiceFindWholesale

    9 ай бұрын

    No. That is more so just for listing the item.

  • @beingmo612
    @beingmo6122 ай бұрын

    Hi thanks for the content! Do you have literature that you can point me to regarding all things legal (concerning being a reseller)? Especially potential tax breaks! Thanks in advance!

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hey there, great question! While I can't provide legal advice myself, there are some excellent resources out there for resellers. You might want to check out the IRS website for information on tax obligations and potential deductions for small businesses. It's always a good idea to consult with a tax professional to get advice tailored to your specific situation. Good luck with your reselling journey!🙂

  • @thekoshertourist
    @thekoshertourist10 ай бұрын

    curious to know why he was using seller central when he's got selleramp which has much more information - or was it just for this video to show that you don't really need extra software?

  • @NiceFindWholesale

    @NiceFindWholesale

    10 ай бұрын

    Have you checked out J-Wacks channel?

  • @WES_5150
    @WES_515022 күн бұрын

    If it were that lucrative no one would be on social media trying to make money showing people it is.

  • @NiceFindWholesale

    @NiceFindWholesale

    21 күн бұрын

    We are here to share our success to help others and build a community. Real stories can inspire and guide. It's all about finding credible sources. 👍

  • @soda8010
    @soda801011 ай бұрын

    Last week I had an Ip complaint. There were 20 sellers right lol and everyone was kicked off. I wrote Amazon a letter and showed my Invoice from the company and I won. When I came back there were only 5 sellers.

  • @NiceFindWholesale

    @NiceFindWholesale

    11 ай бұрын

    Do you think the sellers were unable to provide proof of purchase?

  • @soda8010

    @soda8010

    11 ай бұрын

    Yes that’s one of the reasons.

  • @thekoshertourist
    @thekoshertourist10 ай бұрын

    So true on the diff btwn eBay and AMZ...so much data and predictability on AMZ

  • @NiceFindWholesale

    @NiceFindWholesale

    10 ай бұрын

    Do you sell on AMZ?

  • @thekoshertourist

    @thekoshertourist

    10 ай бұрын

    @NiceFindWholesale not right now, trying to re-activate my acct.

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    ​@@thekoshertourist so is he ...

  • @Rizik1986
    @Rizik19868 ай бұрын

    I didnt realize it was a grind like this. In stores scanning. I thought i could find deals online but it seems this is the way.

  • @NiceFindWholesale

    @NiceFindWholesale

    8 ай бұрын

    Depends on the reselling model you want to run. Resellers source there products in many ways! Are you looking to get into the business?

  • @Rizik1986

    @Rizik1986

    8 ай бұрын

    @@NiceFindWholesale Yup, just started considering this as a side hustle. Heck maybe all I do if I can figure it out. This video was full of great info that helped me put things into perspective, at least for starting out. I think today will be my first official day, as I will be visiting a few stores to see if I can find something, anything I can make a few bucks on. $100 bucks an hour would be awesome! I'm primarily going to sell on eBay, though it seems Amazon might be easier with the various apps and clear lowest price to compete with. Ebay seems more of a gamble with dozens of separate listings. Do you know of any apps or anything to make selling on eBay comparable to Amazon? Keepa for example is huge help but eBay doesn't have this sort of assist as far as I know.

  • @jakobkennedy3834

    @jakobkennedy3834

    8 ай бұрын

    You can do arbitrage both online and retail. Lots of videos out there with information on both. Do some research before getting discouraged instantly

  • @Rizik1986

    @Rizik1986

    8 ай бұрын

    @@jakobkennedy3834 I totally understand what you are saying. I'm not discouraged per se. I'm looking for a path of least resistance for starting up with what I'm able to do. In my research I've found I probably expect tighter margins trying to flip stuff online from online. Whereas its easier to make a profitable run with a few visits to a local store. Deals everyone is privy to isn't a great reseller fast if at all. That is essentially why the margins will be tighter. In store everyone is still privy, but only some folks get off their rump and go find it. I am aware! I'm still researching, I haven't tried anything yet. And yes, watching tons of videos and chatting everyone who is happy to share some perspective along the way. Good vibes my brotha! 👍🍀🇺🇸

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    ​@@Rizik1986 ✅ Me...

  • @ResellerDreams
    @ResellerDreams9 ай бұрын

    If you want that Foreal operating engineers does pay that lol

  • @shotartist
    @shotartist Жыл бұрын

    What state you guys from? I don't see any resellers around either. If I did see any I'd be surprised and chat them up even though they're my competition, lol.

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    Nice Find Wholesale is based out of North Aurora, IL! Give us a follow on facebook! facebook.com/groups/chicagolandpalletflippers/permalink/1210233689655767/?mibextid=W9rl1R

  • @Jallah-Tafari
    @Jallah-Tafari9 ай бұрын

    I'm having a hard time getting an explanation as to how losses can occur due to buying 10 items to obtain an invoice. If a product is bought from a wholesaler at a discount, why would a loss be incurred??? Is there some sort of fee that could make someone sell at a loss??? If this is the case, why don't all transactions in which products are being bought for the purpose of being resold lead to losses??? I hope my question is clear. Thanks.

  • @ephsee8669

    @ephsee8669

    9 ай бұрын

    10 units is not close to being wholesale. The minimum wholesale order you’d find out there is like $3k. Usually you buy 10 units from a reseller and just take the loss so it opens up more opportunities

  • @Jallah-Tafari

    @Jallah-Tafari

    9 ай бұрын

    Thanks so much!!! Wow, this is the most solid answer I've gotten yet. Much, much, appreciated. Have a great day.@@ephsee8669

  • @s.a.g.6624

    @s.a.g.6624

    8 ай бұрын

    Say you by 10 items for $5 a piece but you can only sell them for $8 a piece. After amazon fees you will take a small loss. But it’s worth taking a loss if it can help you get ungated in a good brand

  • @ep411

    @ep411

    6 ай бұрын

    You can also wait to get ungated in that category/brand and then return the 10 units to lose only your time 😊

  • @chumbag
    @chumbag Жыл бұрын

    never realized what the retrurns meant for sellers until i became one

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    How do you flip products?

  • @muhammadmurtaza8894
    @muhammadmurtaza8894 Жыл бұрын

    Hi, are we not allow to sell shoes from Ross on Amazon?

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    There are some Reddit threads about this!:)

  • @NiceFindWholesale
    @NiceFindWholesale Жыл бұрын

    How do you guys resell your inventory?

  • @Chicago48

    @Chicago48

    10 ай бұрын

    AMZ has gotten ridiculous with gating. They even have you take a video course to qualify to sell some product.

  • @BCause-ig7pi
    @BCause-ig7pi3 ай бұрын

    Hi, I'm looking to get into the Arbitrage business. I keep hearing you say, "It's not on Amazon." ... Does that mean that I absolutely cannot sell on amazon? Or do you just prefer not to if it's not already listed?

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    It means it's not on Amazon and making a listing is a pain.

  • @EricLawtonForbes
    @EricLawtonForbes10 ай бұрын

    Yes! New sellers, please stop tanking the price! We can all share the buy box 7:58

  • @NiceFindWholesale

    @NiceFindWholesale

    10 ай бұрын

    Hey Eric do you only sell on Amazon?

  • @EricLawtonForbes

    @EricLawtonForbes

    10 ай бұрын

    @@NiceFindWholesale Yes

  • @user-uf5bc2cj4e
    @user-uf5bc2cj4e7 ай бұрын

    how come you omit the part about paying sales tax at these retail stores. I know these stores dont accept a resellers permit

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    Every store is legally required to accept tax exempt status. Or you take sales tax deductions at the end of the year anyway so ... Not a real issue.

  • @ghaziterbela
    @ghaziterbela2 ай бұрын

    Did they approve you for JBL if yes, please let me know the steps because I try my best 10 different invoices and haven’t get any luck to approve me. Thank you.

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    Everyone is RED RESTRICTED in JBL unless you are grandfathered in. J-Wack got his account deactivated and suspended. ✅ Me...

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hey there, getting approved for JBL can be challenging. Have you tried reaching out to their support team for guidance? Sometimes, they can provide specific steps or requirements to improve your chances of approval. Keep trying, and I hope you succeed soon! Good luck!

  • @dorishebert309
    @dorishebert309Ай бұрын

    What app are you using for Amazon to scan 😊

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hey, it's Amazon seller scanner or sometimes called the Amazon barcode scanner app! 👍

  • @user-vf1qn3qu6s
    @user-vf1qn3qu6s8 ай бұрын

    Why don’t you need to deduct Amazon’s delivery fees when calculating profits? After deducting the delivery fee, there is basically no profit.

  • @NiceFindWholesale

    @NiceFindWholesale

    8 ай бұрын

    If there was no profit thousands of people wouldn't be doing it!

  • @jakobkennedy3834

    @jakobkennedy3834

    8 ай бұрын

    @user-vf1qn3qu6s he shows the fee breakdown. It already calculates amazons delivery fee which is fulfillment fee in that calculation. He wouldn’t be buying something that wouldn’t profit him

  • @yuringuyen6097
    @yuringuyen60976 ай бұрын

    I learned a lot from you guys, I just have a question how you gu can take an invoice from tj max cross burlington mashall,.. for ungate

  • @rodneymills455
    @rodneymills4555 ай бұрын

    so the profit is not included in material to ship?

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    Correct. If you choose FBM or FBA you'll need to determine the cost of shipping items.

  • @johnseber949
    @johnseber9498 ай бұрын

    The hardest part is find the product

  • @NiceFindWholesale

    @NiceFindWholesale

    8 ай бұрын

    Shoot us a message with any questions you may have!

  • @thirdeyecalm2994
    @thirdeyecalm29948 ай бұрын

    Do you use seller amp?

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    No

  • @EduVista3233
    @EduVista32336 ай бұрын

    What app do you use on your phone that tells you the profit and selling ranks, etc.?

  • @kevinpineda4190

    @kevinpineda4190

    3 ай бұрын

    Selleramp

  • @swayven28

    @swayven28

    2 ай бұрын

    SellerAmp

  • @RealQuickComics

    @RealQuickComics

    2 ай бұрын

    Amazon seller app

  • @fux00
    @fux006 ай бұрын

    what app is he using?

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    Amazon Seller App

  • @DeadlyKimuraa
    @DeadlyKimuraa2 ай бұрын

    this is good but he has most things ungated already. The reality of this for new people is not too accurate. I started selling on Amazon couple weeks ago and man I have done HOURS trying to find products I am able to sell. Only those items that I get ungated at the moment. Overall it is insightful but it is not this simple and easy for new people.

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    I hear you, and I completely understand how daunting it can be, especially for newcomers. It's true that getting ungated can take time and effort, and it's not always as straightforward as it may seem. Keep at it, stay persistent, and continue learning. I believe with perseverance and the right strategies, you'll start seeing more success in finding products to sell. Make sure to follow us for more helpful videos! 🙂

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    Everyone is RED RESTRICTED in JBL unless you are grandfathered in. J-Wack got his account deactivated and suspended. ✅ Me...

  • @gtcam723

    @gtcam723

    Ай бұрын

    So, here’s another approach to help get you going. Hit yard sales and stuff and find stuff to sell on eBay. Used stuff on eBay can get you going until you have more capital.

  • @dfsilversurfer
    @dfsilversurfer5 ай бұрын

    what am i missing. i dont understand why anyone would want to buy from amazon if the prices are higher with everyone putting their cut on.

  • @stevemellos2658

    @stevemellos2658

    4 ай бұрын

    I sell on amazon and a lot of the products I sell are cheaper then the actual retail price some are a little higher but people are lazy and don't want to find the deals or if they have to buy it online from the store brand it's self you have to wait 4+ days for shipping. Somwtimes You pay extra for the amazon customer service which loves and takes care of their buyers and you get 2 day free prime shipping.

  • @dfsilversurfer

    @dfsilversurfer

    4 ай бұрын

    @@stevemellos2658 thx steve that makes sense. i can see how their support for shipping be motivation for buyers and sellers.having sold on ebay previously both new and used from Australia. international shipping was the nail in the coffin there with min cost A$35 (US$60) we only have australia post

  • @Becca14219
    @Becca14219Ай бұрын

    He said he makes 4k/mo, u said he makes 250k/yr…which one is it?

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hi @Becca14219! He's profiting 4k/mo on average with total sales of around 250k/yr :)

  • @ScrapIrma
    @ScrapIrma10 ай бұрын

    How do you know which products are gated? Is there a list?

  • @NiceFindWholesale

    @NiceFindWholesale

    9 ай бұрын

    Are you selling on Amazon already?

  • @Chanelatbest
    @Chanelatbest5 ай бұрын

    How is he undated in the category to sell random stuff without buying at least 10...?

  • @RyanResellsInfinity

    @RyanResellsInfinity

    Ай бұрын

    You need to be ungated in categories and brands. But some you'll be auto ungated in through sales metrics.

  • @sudaisjabarkhil7440
    @sudaisjabarkhil7440 Жыл бұрын

    Is it profitable on eBay too?????

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    Yes! Keep in mind you will be fulfilling all the orders yourself on eBay!

  • @jcstang8952
    @jcstang8952Ай бұрын

    Don't record videos while you a driving. You took your eyes off the road multiple times. In some states, this is illegal. What are you, some kind of trendy?

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Thanks for your concern! I always prioritize safety and take necessary precautions when recording. I appreciate the feedback and will continue to be mindful. 👍

  • @jcstang8952

    @jcstang8952

    Ай бұрын

    @@NiceFindWholesale Glad to hear it. Driving is a complicated situation.

  • @jader2321
    @jader2321Ай бұрын

    Dude! You haven't sold anything yet, so you didn't make any money yet.

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hi @jader2321! You can checkout his YT channel in the description box to know how he's killing it! :)

  • @MrResale
    @MrResaleАй бұрын

    if you're manually scanning with your phone you're not making anywhere near $150/hour lmao. He made $30 profit in this video lmao.

  • @NiceFindWholesale

    @NiceFindWholesale

    Ай бұрын

    Hey there! Scanning manually with a phone may not seem like it can generate that kind of income, especially when you look at individual videos. However, every bit of profit adds up over time!👌

  • @virtualamsrsessional
    @virtualamsrsessional18 күн бұрын

    😂😂😂 it don’t last or work for a long time I’ve done this and it lasted two months and the rest was failure 😞 don’t listen to these gurus they only want your attention to get views and then use the views as an advertisement to get paid. 😅

  • @NiceFindWholesale

    @NiceFindWholesale

    17 күн бұрын

    Hey! Sorry to hear it didn't work out for you. While some may misuse the platform, we are genuinely want to help. Success varies, so it's crucial to research and find trustworthy sources. 👍

  • @garethg3564
    @garethg3564 Жыл бұрын

    Yo guys, is jwack got his Amazon account re instated yet. I was truly gutted for him when I watched his most recent video

  • @Westcoast10

    @Westcoast10

    Жыл бұрын

    The downside to selling on amazon, I’ve seen so many people get their accounts shut down. This why I stick to eBay and Poshmark only.

  • @NiceFindWholesale

    @NiceFindWholesale

    Жыл бұрын

    J-Wack is not back just yet

Келесі