good morning and welcome back to another amazon selling video i woke up bright and early although
it was bright it is now bright but it wasn't at 4 45 when i woke up but i got to walmart in sioux
city iowa at 6 30 which is awesome because this one opened at 6 and i wanted to get here as soon
as possible if you're new to my channel my name is nikki kirk and today we are going retail arbitrage
sourcing to sell on amazon here in sioux city i actually woke up so early that i saw four raccoons
on my drive out of the campground this morning and i don't think i've ever seen one raccoon so there
was two like playing or fighting in the road and luckily i mean i was going slow enough to let them
cross because i don't want to hit an animal but four raccoons that is a new record up from zero
today i am on the hunt for halloween stuff i actually already went into the walmart
because it's now 8 30. i spent literally two hours scanning costumes costumes are so hot and we only
have it's september 22nd today we only have pretty much a week left to send stuff into amazon so
unfortunately by the time you watch this it will be already past halloween time and we'll be moving
on to christmas but regardless this is what i'm doing today so i'm gonna take you along with me
i will probably find other stuff and i'll fill you in but halloween is what i'm specifically on the
hunt for today i actually found so many costumes in there that i had to come back out here and i
figured i would just recap the costume run while i'm here and it's bright outside because my cart
was full so i found one costume that someone in the bolo group had shared and that led me down
another trail that i don't normally go because this costume is kind of generic looking and
i normally don't do that i do the licensed brand which you've probably seen me say in another video
so because of the bolo group though i found other costumes that are high profit i found the one
that was also shared which is awesome and i also found versions of costumes i sold last year i've
got those i found a ton of high profit costumes so i'm going to flash some of them here for you
but um i don't know if i'm going to show you yet or not because it'll be already passed so
i guess it doesn't hurt to show you but then if i show you y'all might know next year these are
the problems that i face if you didn't know i actually do sell on amazon so that's why i
don't always show you what i'm finding because i don't want the price to tank and if i show
you well the price might take because everyone on youtube now knows to look for it so that's
the little battles that i do people get annoyed that i don't share but i'm still selling to make
money so i can't share it all anyways that was a little rabbit trail didn't plan on going down
here's another halloween item that i found in there just goes to show you to scan
everything because i looked at the shipper it was pretty much empty and i was like moving starting
to go down the aisle and i was like well i might as well just scan not only did i get ungated in it
but it's selling for good profit so i grabbed what little of those there were but i grabbed them
and i know you might get frustrated but you do have to scan everything because like i said i
spent two hours scanning just costumes it was two aisles of costumes babies kids and adult and they
were already picked over so the fact that it still took me two hours just goes to show you that you
have to scan everything you have to take time you have to look it up especially things like costumes
there's like three different ways to look it up right you can scan the upc you can scan like
you're going to take a photo or you can scan or sorry type in what the product is so just
to know so now that is what's going on today but i'm going to head back into the walmart now
to go down the toy aisle and everything else that i didn't hit so i will see you back
probably at another walmart because after this i'm gonna go get these more of these costumes
okay so it is now 10 20. i have been in that walmart for four hours so two hours the first trip
at two hours a second trip at the same walmart what i forgot to mention was this morning there
was not a cashier open and since i had my walmart tax exempt card i need to go through a cashier you
can't go through the huge scan so i just you know told them to open up or i asked them hey i have a
tax accept purchase i need to make and then they opened up also that cashier put all the costumes
i bought in trash bags so that was awesome because last year i remember it being like
this whole thing where she's like trying to shove it and it just took forever so trash bags are fine
with me less bags to throw away this walmart has an actually really big clearance aisle so i
was two aisles and i went through i didn't find i found this yarn so that's fun uh three dollars
makes ten dollars only one three pack but i don't mind ten dollars it's worth it to make the listing
and uh they had a lot of baby stuff but i didn't i was gated in a lot of it and a lot of it didn't
make profit i think maybe they were just getting rid of stuff and it wasn't totally on clearance
i did find more of the press-on nails so there was a whole other shipper back by the christmas
stuff so speaking of christmas it's never too early to start scanning so i scanned all the
inflatables and some of the christmas stuff and then i hit pokemon gold which was funny because
i almost didn't even scan it it just kind of didn't occur to me because you never see
pokemon stuff this literally looked like someone just put it out i found a couple cards
and i found a bunch of tins now the tins clearly were just put out they were stacked full of them
and i just wanted to show this because it's what to look for if you want to see if a race to the
bottom is already happening so as you can see they have like the it's off by a couple cents
already it's 50 cents it's 57 58 like all that kind of stuff which is weird like normally prices
are 99 or whatever right so that's how you can tell that erase the bottom is already happening
however since it's pokemon i decided to go ahead and buy them and take the chance it is a risk
i'm not really a risky buyer but i decided to go ahead and just give it a shot on these so
we'll see how that goes and then i got a lot of other toys so this morning the first run
i spent 780 and this second run i spent 916 dollars so a lot of money at this one walmart
so i'm going to go to another walmart and my car is real full so i'm not sure how the day's gonna
go because it's already getting full back there but we're gonna pack it in and see
okay so that second walmart i got another basket full of costumes so i did really good and i also
got some toys i got some gabby's dollhouse which if you didn't know already is a hot toy brand
right now and i got some other hot toys then i went over to fleeton farm where i got a couple
of items that was a new store to me so it took me a while to scan and honestly i am kind of dragging
now so i went to target where i got a coffee so that's helping a little bit and i also went
in directly looking for which is what i'm always looking for at target which is toys so i got some
cocoa melon toys i got oh this wwe i think that's what it's called i can't even remember what it's
called anymore it was on clearance i just scanned it because it looked different like a pink robe
that's kind of different so anyways i scanned it and it was actually on clearance for nine dollars
so it makes a great profit so that was a good find all during q4 you want to be watching target sales
so when they have sales like this which is buy two get one free or buy one get one free or whatever
the sale is that's their kind of work around because like they can't put lego on sale they
can't put hasbro board games on sale without the brand right but when they do a all buy two get
one free or anything like that if you spread that profit across all three of them so you bought two
but you spread the cost of it across all three it now makes it more profitable so those are always
things to look out for i'm always looking at the target sales another hint is that targets black
friday sales are not all that great actually stuff is cheaper a couple weeks before so definitely be
watch already like watch on the target circle app or on the ads whatever you want to do but
definitely something to watch for they also have like flash sales where they only have like
a cell today or it's 24 hours or whatever like they just had costumes the other day anyway so i'm
getting tired here there's some marshalls right over there so i'm gonna go there and then i'm
gonna go to one more walmart and as you can see the truck is really full so i don't have a lot of
room and anyways also one more random thing before i head out my battery is dying so i've got this
like charger that just sticks there a battery pack is kind of a must because every all the stores
are really close so i'm running out of battery quickly anyways unless something like spectacular
happens at walmart or marshalls i'll probably just recap you all when i get back because i am tired
okay it is six o'clock i just ended my day at walmart and i thought i would just tell
you what literally just happened because it's funny and sucks to be me so i checked out my
product i got more toys gabby's toys um some plush but literally so then i did my groceries
after that since i do tax exempt i have two you know things so it was a young cashier
and literally after she was doing my groceries i realized there's pokemon cards sitting behind her
like a lot of them probably 20 of them and i said oh actually not on this one but i'm going to buy
them separately can i get those pokemon cards i'll get all of them and so she's grabbing them all and
literally this another old lady cashier comes over i guess she was coming to like take over
or something she's like no she can't have them all and i was like well she's like that's why
they're back here and i was like well i'm not gonna steal them i'm about to pay for them
anyways i ended up able to get four of them and they make crazy money they cost four dollars and
i think they make like 20 something dollars so i will be back here to buy more tomorrow
okay so i got the whole shipment packed up and it was massive it was four large walmart boxes
and four medium boxes and honestly probably would have been six large boxes but i only
had four so i had to use all my mediums and luckily it wasn't really heavy because most of
it was halloween and costumes so it didn't take very long to pack up i've been using inventory
labs just for packing it up i haven't dug into everything else the inventory lab has but it's
been a game changer because it makes it so much easier to pack up shipments so i understand what
everyone has always been saying if you follow my videos i've never really used it until a couple
months ago so anyways inventory labs has been awesome literally this whole entire shipment was
halloween costumes halloween items and toys so here is how it all came out 194 units total
cost me three thousand dollars profit estimated profit two thousand six hundred and forty five
dollars for eighty eight percent roi so you can see my high profit items actually one of these
already sold i dropped it off on saturday and today is tuesday so we're already sold
while in route it's a halloween costume so anyways uh one of them already sold just one to tell you
that but you can see my profit again it's mostly all halloween and toys so toys 104 units for 1257
48 and then i've got the one little point four percent of the yarn and then halloween 52 of
my total profit came from halloween items again i'm not selling any halloween anymore and if i do
it'll be fbming because the cut off literally i checked and on amazon it says all my stuff
is going to be shipping to customers should they order it today by october 18th because it went to
a good warehouse which is checking it in quick so that is really lucky because otherwise i was going
to cut it short and i was a little bit worried there so as we get into thanksgiving and christmas
just make sure that you are sending your stuff in with enough time for it to get to the warehouse
and then move around and get to the customer in time so if your warehouse is backed up you want
to really consider that when you are sending in your stuff especially themed holiday stuff
and then really quickly i just wanted to show this so again if you're new to this whole thing profit
is the money i make after i make all the money back so i make that three thousand dollars back
and then i make two thousand six hundred dollars on top of that that's like money to pay my bills
live my life right that's the money you are living off of or you're putting back into your business
depending where you're at in your business and your goals so i just wanted to share that this
is estimated right so only a couple have sold so far but i use inventory labs now as i said and
i really like it because it has this down here so you can see again the buy cost is pretty much the
same i have it off by a dollar for some reason but the net profit that it is saying so i price all my
stuff high so when i send it in if it's 19.99 buy box right now i'm going to send it in like 21 22
just so that while it's on the route to the warehouse if something should happen like the
low price 1999 seller sells out and now the price has gone up i don't lose any profit so you can see
my spreadsheet has one estimated sales and this one has different because my spreadsheet is based
off of the buy box when i sent it in and this is my pricing high difference so that is it for this
iowa sourcing video i hope this video was helpful if you want help from me to learn how to start
this amazon selling business i have the beginner fba amazon training course which goes over
retail arbitrage online arbitrage how to do amazon fba and how to do amazon fbm i also have on gating
guides and the bolo group so no matter what you need your help with your business i would be happy
to help you out however you need it so you can join me there and as always thank you guys so much
for watching don't forget to subscribe and i will see you back here for another amazon selling video