I was worried about replacing my high-end older oasis with this one kzread.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!

5 mins to install an app. She needs better service lmao

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.

@TrevorDixon879

6 жыл бұрын

JH92407 Where can one find a pallet auction?

@PugFaceMedia

6 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.

@itachisolosmadara

6 жыл бұрын

Trevor D buy bulk on ali express or chinese websites for 2¢ a peice

@geewiz8253

6 жыл бұрын

JH92407 Bad bad journalism.

@samg5543

6 жыл бұрын

I know a guy that does this too. buys in bulk. you have to.

I tried this now I’m stuck with a bunch of dollar tree trash! Fml

@DalilaPayan

5 жыл бұрын

Rich Broke 😂

@ThatGuyDownInThe

5 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-Lyfe85

5 жыл бұрын

Rich Broke Better sale as a bundle

@alexiselnino02

5 жыл бұрын

If you don’t sell them in two weeks return them to the store.

@jadexade2337

5 жыл бұрын

Mr. No Nutz you He buys clearance meaning-it wont be there later

Moral of the story, shit is cheaper at Walmart. Buy there.

@FingerThatO

6 жыл бұрын

Support your local child labor warehouse store. Walmart

@michael50694

6 жыл бұрын

That's what I'm thinking.

@AmazonandeBayGuru

6 жыл бұрын

Haha not necessarily!

@FayeDancingCloud

6 жыл бұрын

Yep, nevermind that you're supporting wage slavery in China that will soon be implemented in the U.S.! :D lol

@Mark-ts5pd

6 жыл бұрын

ha, that's an awesome point there, .... skip all that crap and shop at walmart

This news lady is going to quit her job in 6 months...

@djmuscovy7525

6 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?

@agustinsoto6040

6 жыл бұрын

Slo Mo You can enjoy your life without journalist following you.

@claireclaire7504

6 жыл бұрын

TheeJoeyLee : She is giving her boss BJs in the office.

@sherylpierson9662

6 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.

@llothar68

5 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.

@naegleriafowleri2230

5 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

@MzSoulll

4 жыл бұрын

@CAPTAIN DABBIN that's a fact.

@ogueyratogeyrat7448

4 жыл бұрын

Lol it nt like there competition

@GooglyMcDoubleface

2 жыл бұрын

no its not actually.

So... instead of buying from him I should just go to my local Walmart 🤔

@northcar6627

6 жыл бұрын

ENZOtaki But what are the chances of finding your item(s) on clearance at that one Walmart...

@s.holmes613

6 жыл бұрын

Yes but the secret is people are lazy and want things now so they don’t look.

@antonioo3182

6 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 ..

@back2the80s

6 жыл бұрын

some live too far from grocery store so order online. duh

@arjungandhi1347

6 жыл бұрын

ENZOtaki but people are still buying online.

buying something is as easy as farting but selling something is as hard as constipation

@kevinchavez5142

5 жыл бұрын

The modern Shakespeare

@drbmbowman

5 жыл бұрын

I only shed two tears

@congotelemainfos4946

5 жыл бұрын

lolllll

@vaquero3578

5 жыл бұрын

@Biff Danielson - no he got it out of the satanic atheist idiot manual.

@hannahblomberg9699

5 жыл бұрын

R D Lol 👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿

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.

@Raminakai

2 жыл бұрын

I noticed that too:(

The problem is you actually have to go INTO Walmart.

@drewward6895

6 жыл бұрын

Nate Bergeson haha very true, not worth all the money in the world to me

@gulfcoastsunset5879

5 жыл бұрын

OMG - I'm DEAD LOLOL.... and that my friend is defiantly a problem!!!

@edgarh252

5 жыл бұрын

All the Walmart’s around me have clearance with good stuff

@imluvinyourmum

5 жыл бұрын

Won't somebody think about the children?

@naegleriafowleri2230

5 жыл бұрын

walmart sucks not because of the products but the fucking people that go there

I flipped my mattress over this morning. That was exciting.

@dq7243

6 жыл бұрын

lmbooooo

@coretalexa8973

5 жыл бұрын

Use the *MyOnlineSelling. Com* Directory to find trustworthy, low-cost suppliers who stock your chosen product.

Yeah BS. Amazon fees are a joke, they make all the money

@Toxic_Muk

5 жыл бұрын

Drew what are the fees .... cuz it’s not a lot u broke ass loser

@katirajala773

5 жыл бұрын

the best website that help people to make money with ebay and amazon is *MyOnlineSelling. Com* .... hope it will help.

@lorenaviera7808

4 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

@zusiphesikayi2390

4 жыл бұрын

I thought it was just 15% for Amazon

Walmart should start selling their clearance items in Amazon. lol

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 KZread & see him on "GMA" that's amazing congrats!! on the continued success Ryan

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

Then you have to factor in the time it takes to find the products and take off those gawd awful clearance stickers.

@breeston

6 жыл бұрын

tpsu129 lol just ship the items with them on fuck it

@darkhipster8133

5 жыл бұрын

Preston Alexander LOL

People have been doing this on ebay forever. Especially buying from garage & lawn sales.

@diegoleerot

6 жыл бұрын

Wak Job yeah and it’s not easy

@BroccoliBeefed

6 жыл бұрын

Ebay sucks

@BroccoliBeefed

6 жыл бұрын

If you think Ebay is full of Chinese "craps", then discard your IPhone.

@antonioo3182

6 жыл бұрын

Diego Lee Rot unlike your mom....she's fun.

@antonioo3182

6 жыл бұрын

BroccoliQueefed I have htc...and I'm grass Fed

resell item from Walmart when send shipment to FBA amazon do u have attach for receipt also?

If you know anything about amazon, or selling online this is the most cringe video ever people will try this and completely fail lol

@giovanniwisco9633

6 жыл бұрын

Edi Kostic this could only work on offer up😂😂

@MOTIVATIONBYDAR

6 жыл бұрын

Or get inspired and do their homework first and then learn by trial and error and scale up as the time passes......

@frenchiehorn4339

5 жыл бұрын

THANK. YOU.

@shortcut5660

5 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 😊

@KadeJames

5 жыл бұрын

@@shortcut5660 Same here!

this video sponsored by Walmart

@tayejackson7570

6 жыл бұрын

Jesse Wheeler 😂😂😂

@InfernoBlade64

6 жыл бұрын

Jesse Wheeler but that means Amazon will get more profit though

@randysavage2430

6 жыл бұрын

but Wal-Mart can sell this crap rather than throw it out

@shannh6724

6 жыл бұрын

Wutterya Dewin Did you push the button for Walmart?!

@judeisnot_rude

6 жыл бұрын

Joint sponsored by Walmart and Amazon.

TAKE THIS VIDEO DOWN, YOU'RE GOING TO SATURATE THE MARKET AND FLOOD WITH COMPETITORS 😭

@louis1443

6 жыл бұрын

kevin de bruyne people are too lazy

@jacobonader1926

6 жыл бұрын

I was going to say the same thing

@ladyofthecentury

6 жыл бұрын

Just because people know doesn't mean they will do it.

@louis1443

6 жыл бұрын

Benny damn straight

@mikepcap

6 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.

should I need to change price tag? if I am buying in $3 and selling in 5$? Plz help.

Amazon will be thrilled about this story... All the people scanning items helps them in the long run...

It’s not that easy

@RX-qv2xc

6 жыл бұрын

Roberto Rivera. Why wouldn't it be and can you explain in simplest form please

@Corozalcop

6 жыл бұрын

R P I would but I don’t have 5 hours

@RX-qv2xc

6 жыл бұрын

Roberto Rivera lol

@LetThereBeLightxx

6 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..

@Corozalcop

6 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

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.

@mjay776

6 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

@13littleducklings

6 жыл бұрын

Don’t forget that sometimes things are in clearance for a reason!

@2011blueman

6 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.

@antonioo3182

6 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.

@antonioo3182

6 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

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!!

@angelachanelhuang1651

9 ай бұрын

people don't discover this on their own. good job

I don't buy things on Amazon that I can purchase locally.

@2011blueman

6 жыл бұрын

I don't buy things locally that I can purchase on Amazon.

@brendaechols2228

5 жыл бұрын

Exactly. Not everyone shops online.

@FisherCollegeMa

4 жыл бұрын

Offerup is a great site to buy from because you can negotiate prices.

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.

@728huey

6 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.

@antonioo3182

6 жыл бұрын

728huey F Amazon. I know how to use a package tape dispenser...!

@antonioo3182

6 жыл бұрын

eQuariuz Gas? well, can't ups or Fed ex just come pick up ??

@debrabaron5967

6 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

Easy to gross millions, try NETTING millions

@pinonXO

6 жыл бұрын

So true hahaha

@mercedezreboca8299

6 жыл бұрын

Have you done it? Nah. Don't be jealous Brandon.

@RM-gr1mc

6 жыл бұрын

jomax clux but he only pays himself 60k. And what about taxes and his employees?

@depressedgrizzliesfan4863

6 жыл бұрын

Mercedez_ Gets_fit nah you a dumbass

@mercedezreboca8299

6 жыл бұрын

Depressed Grizzlies Fan your life is a dumb ass

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.

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.

This is why good credit is important. Using free credit line to make money.

@FindTheSeven

6 жыл бұрын

A Stand Great point and very true!

@anemiapwns1

6 жыл бұрын

HAZZARD Helps with investment capital.

Amazon has been jacking up their prices

There is reason this stuff is on sale nobody wants it

@charliescheirmann2926

6 жыл бұрын

That or they need to make room on shelves for new and better inventory

@LuisHernandez-hw7dj

5 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.

They are forgetting the shipping charges when they calculate a “profit”. A corporation with commercial discount shipping rates would be hard pressed to send a box of air anywhere in the us for less than $8-10.

@joshwhite9954

2 жыл бұрын

You factor in the shipping costs

1:45, who the fuck retailed those pens at $83.33.

@rayfinkle9369

6 жыл бұрын

Apple

Will cost you 39.99 a month, kinda left that out, except that "fee" part she said.

@shawnstarr1

6 жыл бұрын

Howlbigbadwolf and 15%

@justinreels

6 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.

@javascriptkiddie2718

6 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.

Only problems are storing inventory and time (whose going to buy and when will it sell).

I got an ad about selling stuff on Amazon before this video 😆

I'm doing the same thing and my name is Ryan too!

@Rsmith420

6 жыл бұрын

Amazon and eBay Guru Me too lmao

@AmazonandeBayGuru

6 жыл бұрын

Haha but do you drop ship?

@Rsmith420

6 жыл бұрын

Amazon and eBay Guru No, too nervous that problems will come up if I'm not directly touching the product.

@briankim6716

6 жыл бұрын

Amazon and eBay Guru can you help me start making money please?

@AmazonandeBayGuru

6 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!

01:15 it took you 5 mins to install an amazon seller app? Are you using one of those 2007 phone?😂😂😂

@compilationcuties1921

6 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.

@rhyshanson2012

6 жыл бұрын

😂😂😂😂😂

Confused as at 2.52 she says he's buying in bulk?! can someone explain?

She buys and it never sold it

@area51ville

6 жыл бұрын

lmao totally went over pplz head

@USA-qm2bk

6 жыл бұрын

Return it to the retailer

@trishawhitehouse4226

6 жыл бұрын

Ramir3z iI

So what!? Grossing millions but netting nothing is still a huge waste of time.

@Jalilvideogeek93

6 жыл бұрын

Gordon Miller Hey Gordon, nice to see you on KZread! I love your answers on Quora.

@carlrichmond1994

6 жыл бұрын

Hold on, are you really the dude from quora? Lol, wow the internet is such a small place!

@thebusinesschannel3270

6 жыл бұрын

Gordon Miller dumbass you are. You understand leverage? Value? Keep your stupidity at home dumbass. 15% of 4 million is 600k fuckface

@sumarkhera7053

6 жыл бұрын

Gordon Miller They said 15% profit, 600k is a waste of time to you?

@antonioo3182

6 жыл бұрын

The Business Channel Trash. I hate that guy

I’ll stick to dropshipping. Way less time and money to spend.

@LEE-ij4cc

6 жыл бұрын

TechHub exactly

@koolkitties8552

6 жыл бұрын

TechHub Do you have advice on how to start dropshipping?

@calkicks4621

6 жыл бұрын

Karo French well there is a lot to it. There are lots of people on KZread that teach it fully

@jamegumb7298

6 жыл бұрын

CalKicks You will likely not get the margins this guy gets and the dropshipping is not available for everything.

@chrisrunda3397

6 жыл бұрын

I started drop shipping used bras and knickers....very difficult...got into a right sticky mess:/

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.

what about discounted items you buy with their sticker prices? How do you cover them or remove them to resell them on Amazon? Just curious.

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.

@GDX2470

6 жыл бұрын

she's trippin'

@RoIIingStoned

6 жыл бұрын

Ramzinator I agree. I don’t trust these numbers but everyone else seems to

@coachcolton4657

6 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-gr1mc

6 жыл бұрын

Coach Colton he makez 4 million in total....doesnt that amount get taxed?

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.

@gstacks510

6 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...

@CheapestGamer

6 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.

@ThisIsDjYigytugd

6 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.

@gstacks510

6 жыл бұрын

You sound like you give up to easy..

@CheapestGamer

6 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.

It's that shipping cost that makes it almost impossible.

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.

Damn what kinda phone you got that takes 5mins to download an app.

@haywoodjblome4768

6 жыл бұрын

Download and make an account

@DalilaPayan

5 жыл бұрын

Scott Mclean 😂😂😂

@weeeeeeee945

5 жыл бұрын

Scott Mclean not entirely the phone but more so the network

@bensouthwell1339

5 жыл бұрын

one she bought of that guy

I've tried it. Not so convinced.

@theannoyingone1

6 жыл бұрын

What was the turnout?

@Laptopdog78

6 жыл бұрын

Total Bullion It probably takes some effort!!

@antonioo3182

6 жыл бұрын

Total Bullion tried what? anal??

@Jebusmike3

6 жыл бұрын

That just means you gave up.

@ikeshia1981

6 жыл бұрын

Ive done it and unless u scan thousands and thousands of high selling items amazon storage fees will murder u

Few points: If you buy in bulk, you risk no selling it and it ends up in your basement. If you buy large quality items, you need to sore them, so you need a warehouse to store, that costs mega money. If you use fulfillment by Amazon, you have to ship your inventory to Amazon, which costs money to ship, then Amazon charges you storage fees for storing the inventory, and the fees continue if you don't sell the item. Amazon also charges you commission for any sales made on the Amazon marketplace. Amazon also charges you a monthly prime membership. What about the employees you need in your warehouse to handle the logistics. What about the employee cost of going to wall marts and finding cheap items to sell......

Where can I get an application??

$1,000 a month for a year is about $12,000 a year. That's below minimum wage.

@ex0stasis72

5 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.

@waltermessines5181

5 жыл бұрын

Where I live that's about 1,5 times minimum wage.

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!

Wonderful coverage. Learning more and more about Amazon FBA. Every piece of infomation helps thanks.

will this work for high end products?

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.

@mikepcap

6 жыл бұрын

Actually most of the Goodwill's have caught on and are selling most of the good stuff themselves online.

@GravaticBurst

6 жыл бұрын

Thats these anchors for you they dont do research someone else does it all they are is a face.

@alfabeta9104

6 жыл бұрын

That is so true. They must have got paid by Amazon to make it look easy. In this Amazon is profiting ..

@micahjohnsonboxing6409

6 жыл бұрын

B K Thrift stores aren't cleaned out daily.

@bettyboop1742

6 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

This stuff is only cheap because no one has bought them. Chances are you won’t sell them.

Excellent -- thank you!

My sister used to do this with clothes. She lived in Chicago where you could get quality stuff at outlet for dirt cheap.

I want to give my costumers value for their money so I try the product first, but somehow my tested fleshlights are not selling 🤔

@imluvinyourmum

5 жыл бұрын

@David Walker They would actually probably sell for a bit, used panties sell

Cheaper to buy at the dollar store and flip it online. 50 percent more profit

@kittenbaby777

6 жыл бұрын

Omg great idea!!!!

@Natepillradio

6 жыл бұрын

Rick Alvarez That and Craigslist. It's even better. Or Goodwill.

@theejoeylee

6 жыл бұрын

Cheaper at an estate sale or yard SALE. ( YES NIB items)

@sankara6823

6 жыл бұрын

Rick Alvarez its cheaper to steal the items and flip it over online,100% profit😂

@tonyatesticles3196

6 жыл бұрын

jomax clux *Wall Street

how does he handle limited items on clearance through his FBA account? Does he ship what he has under his own barcode, waits for it to show up in inventory and then runs his ad and let Amazon close the listing when sold out?

*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*

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

@felixf4378

6 жыл бұрын

Don't forget about the income tax that you also need to pay on it.

@rayva1

5 жыл бұрын

...And let’s not forget that Amazon hardly credits you enough for S&H costs.

@ሕያው

5 жыл бұрын

And don’t forget that ur supposed to buy in bulk....

@moneyweed4824

5 жыл бұрын

JohnStax 5 clowns in the this comment section,yous haven’t a clue have yes,go work your 9 te 5

@MrJamberee

5 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.

It’s the same thing as Ebay...

@2011blueman

6 жыл бұрын

Amazon has much higher fees for sellers when doing the fulfilled by amazon thing.

Amazon has warehouse fees, eBay doesn’t… you can drop shop right from your supplier on eBay.

So if Amazon fullfills the products how much is that?

Makes 4 million a year *pays himself 60k* Me: Uuuuuuhhhhhhhh what?

@bahizijoy7370

4 жыл бұрын

So he can reinvest

@chipfukmaster5928

3 жыл бұрын

A guy who has never filed taxes and has no understanding of how companies work.

You can't even sell on Amazon through FBA during the 4th quarter unless you're an established seller. The majority of items new sellers scan will be gated or against ToS to sell as new. (You can't sell Belkin, Netgear etc as new without facing their legal team) You can't sell Disney, Lego, Nike, health and beauty, grocery, clothing and the list goes on. It is not as simple as this video makes it out to be. Last i checked to sell Nike you have to pay an upfront fee of THOUSANDS of dollars just to become partnered to sell their product. It's not impossible but it has become much harder to enter the scene due to Amazon restricting new sellers more every year. Good luck to anybody that's thinking about giving this a shot, just make sure you do your research! Also, Jesus Christ is our lord and savior, get to know him. God bless.

@Sixtus62

6 жыл бұрын

magic mojo but people are always flipping Nikes and Jordans and selling them on ebay for triple their worth. Same thing with Adidas, yeezys for over a grand and nobody's doing anything about it...or are you only talking about amazon?

@mikepcap

6 жыл бұрын

Sixtus Shhhhhhh! ::)

@allenlamb8240

6 жыл бұрын

Thanks and amen brotha!

@flawsinstyleg.9799

6 жыл бұрын

magic mojo you gotta love this guy very informative about the cons which is what ppl end up failing cause of or running away from the idea this gives a nice view of what you should expect. God bless you sir, stay informative that's being ahead of the game.

@JarrelEmmanuel

6 жыл бұрын

magic mojo Amen!!!

I'm wondering how many items one can be stuck with for long periods. Meaning you'll need the cash flow to be continuing to purchase whilst waiting to turn a profit on earlier purchases that haven't yet sold? And maybe they'll be some items that you can't sell at all, or that they'll see price drops perhaps even below your initial purchase price so even if you do sell them, it'll have to be at a loss.

They make it look so easy. They dont show you that most businesses fail or take a long time until they succeed. If there are people that succeeded straight away theyre either extremely lucky or lie about the fact that it took 6-12 months of struggle to achieve this.

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.

@drransom01

6 жыл бұрын

keep worshipping wealth. keep worshipping the spaghetti monster

@jsiszero

6 жыл бұрын

If everyone is already doing it, then there's a good chance you're not going to be as profitable...

@davidcohen7881

6 жыл бұрын

Nathan, how about becoming your own boss. Or would you rather stay at the mercy of whatever company you're working for?

@antonioo3182

6 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...

@jsiszero

6 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.

Gary Vee would be so proud

This sounds more like an advertisement than a news story

When you learn from all those online games that have auction systems

I'll stick to dropshipping for now.

@VibeNation_100

6 жыл бұрын

SeekerofTruth29 hey I’ve been trying to get into the drop shipping business. May I have assistance.

@Seekingtruth-mx3ur

6 жыл бұрын

Ms.Erica Hawes whats ur facebook? I can message u

@lilecua5

6 жыл бұрын

How has drop shipping been going for you

@VibeNation_100

6 жыл бұрын

SeekerofTruth29 Facebook is Erica Hawes

@jameslincoln9084

6 жыл бұрын

SeekerofTruth29 what is drop shippin

The items are on clearance for reason. It’s means they’re not selling well

@kvmairforce

5 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.

@llothar68

5 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.

@ascosche

5 жыл бұрын

And yet this guy makes millions... Hmm. 🤔

@bensouthwell1339

5 жыл бұрын

or the technical term....a sack of old shite.

please tell me he isn’t buying my precious super mario cereal

I want to do this. There's so much potential

Absolutely this can be done and is done by many other folks under the radar. Good job kid, but stop giving away my secrets.

@mariosimpostor731

6 жыл бұрын

MrHoppers002 EBAY NIGGA AND AMAZONG

@josephwebster9111

6 жыл бұрын

jvz5.com/c/869047/46405

Man quit giving away secrets!!!

@josiahmiranda5254

6 жыл бұрын

Otis Driftwood not really a secret. Most people just aren't motivated to do it.

@daveheel

6 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-dh9pn

6 жыл бұрын

Don't give it away for free that is

@raym.778

6 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.

@THEWARISWITHIN

6 жыл бұрын

The Realistic Panasonic 💯💯💯

What an HOOOOOT and Smart Talented GUY ...!

Where I live most people buy pallets and then sell each item for more online

The developers are gonna patch this money glitch

@cosmo742

6 жыл бұрын

Updating incoming!

@littyentertainment6032

6 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.)

@antonioo3182

6 жыл бұрын

litty entertainment Do you do this business?

You have to invest yr money and what if the product does not sell?

@Matrixprogrammmer

6 жыл бұрын

Neena M u don't just buy stuff ,u shoud do your research first.look for whats selling more and find ways to sell ur products.it need lot of time and effort also.it's not just buying and selling.

@FindTheSeven

6 жыл бұрын

If the products don't sell then there's something there to take note of but you just have to figure out why they didn't sell. You can also reduce the price to move that inventory out.

@mrsamick24

6 жыл бұрын

Just take it back to the store if it doesn’t sell

@Bryanmondragon2023

6 жыл бұрын

Neena M invest money ?? What if the product doesn’t sell??? Bitch, the shit costs less than 50$.

@TrainTransportShortsOfficial

6 жыл бұрын

It most likely would because people want these things they r mostly good quality

what about warranty , gst, commission paid , overall loss

What tyPe of Product is the best tho

FBA and dropshipping are good business models if you know how to do it correctly.

@luisarturo8731

6 жыл бұрын

SeekerofTruth29 whats FBA?

@CommentFanatic

6 жыл бұрын

Dropshipping sucks.

@Seekingtruth-mx3ur

6 жыл бұрын

Don't Reply it sucks if you suck at it lol

"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"

Awesome video, sad when cant do that in Finland.

That's why houses are super expensive in Cali

lol you can definitely buy low..but sell hi is another story..

what about gas? that is alot of driving to wally world.

@joshclemons6612

5 жыл бұрын

tax write off

@naegleriafowleri2230

5 жыл бұрын

@@joshclemons6612 write off your face

It’s called Retail Arbitrage and lots of people do it, not news.

How do you dear with shipping and box problem. Because if you find something on clear for 10 and you sell for 12 and someone buy it you profits $2 but the shipping will cost more then 2.