[Music] hi and welcome back to another Amazon selling video if you're new to my channel my name
is Nikki Kirk and I'm officially in my seventh year of selling on Amazon I've been doing Retail
Arbitrage for 7 years it is officially my longest job that I've ever had and I absolutely love it
so today I'm going to take you with me sourcing at Marshalls and TJ Maxx today is kind of an odd
day because the Amazon seller app is currently acting up that app was always glitching and this
is the glitch that it had last year it was around for a little while which is annoying cuz what's
going on is the fees are missing you can see them on the front screen when you first scan
when you see something and you'll see the fees there but they're not always accurate so it's
even hard to estimate so what I'm doing is using scoutify today to source so I'm first scanning
an Amazon just to see if it's potentially worth worth it and then I head over to scoutify and I
Scout there and then you Scout there scan there and then you can see all the profit there so I
don't really know what all I'm going to find today today's kind of like a shorter sourcing
trip for me I'm not going all day just have a couple stores because I'm also doing stuff for
my warehouse SL shop whatever I need to pick a name for it basically my new office that Barn
shop Warehouse is almost done so I have to go pick out some tile for the flooring and I have
to pick out some countertop so I'm also running those errands in Tulsa a day so first I'm heading
into Marshall's right now and then I will head over to TJ Maxx and we will see what we [Music]
[Music] do
[Music] all right so first thing through the door I went ahead and checked out the shoe now 0:01:59.840,1193:02:47.295 [Music]
just a reminder cuz I don't know if I've actually ever said this on a video but if you're going to
sell shoes you need the box and Marshall's well TJ Maxx doesn't even have the box but
Marshall's cut slids off it took me a long time before I finally saw it coming I've heard it of
happening in the bolo group but I hadn't actually seen any for the longest time but here in Tulsa
they definitely cut the Box SL Lids off so some boxes that have the lid that comes off they'll
just put them on the bottom and then other others that they're cutting the lid off that when it's
like an attached box so you do need the lid to sell it as new on Amazon now more than ever it's
Q4 you have to have everything looking really nice this is a yearr round thing shoes need the
box but your product might be a gift and so you want it to be really nice for whoever is getting
it right so any time of the year the boxes need to be new not crushed in original condition but
especially now for Q4 shoes that are hang like Crocs like these that just have a hanging little
tag anyways those are fine just throw them in a poly bag little kid shoes you can they should
probably if they needed a box if they came in a box they're going to need a box um yeah that's the
Spiel on shoes personally I usually I'll scan the Box shoes every once in a while but I mostly scan
the hanging shoes slippers that kind of thing and then this also came up cuz I was uh scanning these
Under Armour flipflops or whatever they're called slides sometimes you can be on gated and stuff so
I'm ungated an Under Armor but some specific items I still can't sell so I don't know if I
would need an invoice or what it's not worth it to me cuz I can sell most Under Armour but just
so you know sometimes stuff is still gated it happens with Adidas too Adidas there's Adidas
brand and then there's Adidas original brand so Adidas original is a totally different ungating
process you have to do the two different things right so just something to note that just because
you're unated in one thing doesn't necessarily mean it's everything for the most part yes but
every once in a while you're going to come across stuff so even Lego I can sell almost
all Lego every once in a while there's some that I can't sell they're as and level restricted I do
have them gating guides if you're interested you can shop them on your selling guide.com I have a
bunch of different categories so there's grocery OTC toys topical premium Brands all of that you
can check it out get the Guide or guides that you need for your business we are at the end of
the year so all the stuff you purchase whether you join the bolo group get the engaing guides
buying keep us software all that kind of stuff all your tools and supplies are tax write off so save
those receipts and definitely write them off on your taxes so here is the issue you can see the
fee issue here so I scan the stuff and sometimes there's a fee on Amazon sometimes there's not but
when you click through to do your profit there's definitely not the fee so I just grab the Asin or
scan it over and scoutify and then you can enter your cost there the one thing that's annoying by
scoutify is that they don't do the decimal point automatically like Amazon does so you got to type
it in which is just annoying I don't scan it a lot I barely ever use scotify but it is nice to have
when things like this happen with the Amazon App cuz I have a sourcing day like that's the
day I'm going I'm busy the rest of the week so I need the app to be working if you're not familiar
with it scoutify is the app from inventory lab so it's just a free you log in with inventory
lab so definitely if you're using inventory lab and you're not using that app you might need to
get it just for those times when it goes down I did get some replan items so I already knew
they were good to go I could tell by the price I've sold them a lot so here are those ones that
I got if you've not heard me say it in a while do not sell Lucetta you will get an IP they've
gated it for the most part but every once in a while there's listings that are ungated don't
sell it it's 100% you will get an IP if you bought it and you're about to pack it up and
you're watching this video just take it back to the store here's a couple of the home items that
I got no I'm not showing you what they are cuz I got them and I sell and I want to make money and
if I put them on YouTube then everyone takes the price you can use to see if Amazon shares the buy
box so most part I don't buy things if Amazon is selling it but there are times when it does make
sense so here's an example of Amazon sharing the buy box and here's an example in keepa you go to
buybox statistics of Amazon not sharing the buybox so on this toy example even though it looks like
oh well maybe if Amazon sells out all that kind of stuff so far they are only giving themselves
the buy box so I'm not going to waste my money and hope for something that most likely Based on data
isn't going to happen and a reminder to always ask for approval I knew I could sell little people so
I didn't know why it was gated so I just went ahead clicked request clicked through and voila
Auto unated and then one last thing that I saw in the toy aisle so these two toys on the first
screen you can see that it's selling for more that featured offer that's the buy box but then when
you click through it's a lower price so just an example of why you don't need to take the price
because the higher price does win the buy box most likely the lower pric seller is maybe a new seller
I didn't click through and investigate they may be are a new seller maybe they're not understanding
that they stuff is still an FC transfer which means it's transferring around the warehouse and
so they're not going to win the buy box anyways when there's another seller that is available so
you don't have to lower the price you can leave the price higher and still win the buy box just
like that seller was there here's another one so they don't make any money I didn't click through
on scotify cuz I could just tell by looking on Amazon they most likely do not make any money
however I wanted to share them because that rank it's pretty high rank however it's Q4 and that's
a perfectly fine rank for Q4 if you want my Q4 guide to Retail Arbitrage it is available at
your selling guide.com Q4 you can get it's a Ed it's a EDF it's a PDF downloadable ebook where
it goes over all things it really is a little Retail Arbitrage 101 but then it gets cute for
specific for the 3 months that make up cute for October November December and it's a step-by-step
walk through of what to look for how to identify which sales are the good sales during Q4 and so
much more last thing from Marshalls before I head over to TJ Maxx is both stores you can use your
tax exempt so definitely bring your tax exempt up to the register they do it after they've ring
everything up whereas Walmart they do it before so just bring your exempt card your whatever form
in once you're in there you're in so you can just give them a phone number they'll look you
up and you're good to go so definitely useless tax exempt to get some extra margin for your
business now I'm going to turn the AC on cuz it's real hot in here and I'm going to head over to TJ
[Music]
Max
okay so I just got down in TJ Maxx I got a full cart like I was holding a bunch of coffee there
at the end because I had no more room in my cart so got a lot of stuff A lot of it was
replans honestly right now I'm filming this in August right now TJ Maxx and Marshalls are my
favorite the rest of retail is still in that like funky limbo however I'm still going to go to all's
after this and probably one more Walmart um but I got to go get the countertops anyways this TJ
Maxx for whatever reason I've noticed it at a couple now has all the beauty items well not
all of them but more the higher end ones locked up in a case so that's weird and a lot of it I
can't sell so you can just scan the front it's just really annoying when they do that they're
probably going to be on markdown soon cuz no one's going to buy them anyways I got more
Beauty replants here's a couple of screenshots of hidden of course of what I got and then here
is an item that I shared in the bolo group if you are interested in joining the bolo group do it it
is so helpful even if you're new or experienced like even if you're there for a couple months
or whatever you want however long it makes sense for your business you're going to learn a whole
lot it's an awesome community of sellers we're chatting in there all the time it's how I first
learned that the fee uh glitch was going on and so I eventually would have learned right
by scanning and been like dang it but I had a heads up that my scanning was going to be a
little bit different today because someone shared in the bow group so ask questions all that kind
of stuff here is two items that I grabbed today that are straight Branch leads from aolo shared
a year ago if not more because someone shared in the group I know that these items made profit so
anytime I see them I scan them not all of them do but I did get quite a few of these today so
that is something that the bolo group helped me with personally so how much more if it's helping
me still today how much more could it help you wherever you're at on your Amazon journey and
last here is one more item that I shared in the bolo group and yeah so like I said I got a couple
more uh stores to hit today but that is it for this video thank you guys so much for watching
don't forget to subscribe and I hope to see you in the bolo group so we can hang out [Music]
there