hi and welcome back to another amazon selling video my name is nikki kirk and today i'm out
doing retail arbitrage sourcing at ollies well i'm sourcing all over in this town in oklahoma
today but specifically i'm going to take you into ollie's with me i just got down at walmart
i did okay i think i took a little bit more risks that i probably would have liked
to um but i've been doing this for five years and now that i have like a home
base of sorts in oklahoma i actually bought some clearance items at walmart that
probably most likely because it happened every year will go up in price towards the end of the
year so i'm trying i'm holding some stuff today which is not something i normally do however we
are in the summer slowdown and it always gets a little bit harder to source and people just
kind of are out doing stuff you know enjoying the weather enjoying their family their kids are on
you know off a vacation summer vacation all that so people just are not buying as much stuff online
it happens every year literally every june is always slow so i'm gonna go into ollie's and
hopefully we're gonna find some great stuff i'll show you how much profit i got what i
bought and hopefully share some bullets along the way so with all that let's head into ollie's
okay three hours later i didn't do too bad in there i actually walked out with two cartfuls
which some of it was falling out so i just stopped like three times to pick up what fell out so right
out the gate i started in books which is what i normally do i don't scan a lot of books i honestly
am just looking for those like bigger coffee table type book because they're usually higher price
and higher profit so they had some special comic book stuff actually and the end cap here and right
behind it so i scanned a couple here's one that i found and some of them have remainder marks on it
that's the little dot and so you just have to sell it used which is fine it still makes money
and it most likely those kind of items are usually selling use and you would just input
what's wrong with it or the condition of it right so you just put it has a black remainder mark on
it and yeah so that was one i found they had a lot of these like vintage five pack comic books which
i did try to scan a little bit but i actually gave up because that's just i don't know anything about
it knowing me and not knowing anything i'd put it for sale and someone would be upset that it's
not the actual thing that it listed on all that anyway so you gotta know what you're listening and
i wasn't 100 confident with that but i did kind of scan and look what they had i really went into
this always ready to scan everything and anything because there is it's like i said we're coming
into a slow down and there's a little bit less in stores right now it feels like so i made sure
to scan scan scan scan all crazy aisles so i went down like the uh plastic wear that like there's a
couple aisles right after books which is kind of like school supply e stuff i normally skip them
but i went ahead and scanned them today because in order to find profit you really do have to scan
everything and it does take a while so i was in there been doing this five years i was in there
for three hours scanning everything and it can get super frustrating but you can make a full-time
income with part-time hours so i'm sourcing one day this week and that will be it i'm gonna pack
it up hopefully it will take a day or two to pack up and that's it i'm done for the week right so
in there pretty early on i started getting really frustrated because my
cell service just sucked in there it was awful i had like one bar and it would take forever to spin
and so i turned it onto airplane mode and then that wasn't working so i went ahead and turned
it off because i did drive about an hour and a half so if i was stuck on a cell tower back
where my house is then that is going to be not you know a cell tower near here so i went ahead
and turned it off and restarted it and it did help a little bit i also went towards the front like i
would grab whatever i was scanning in those aisles and i would take it towards the front just to have
better service and then put it back so i was in that like paperwear cutlery aisle and here are
some cups that make a profit um here's another one that makes a little bit a higher profit but it is
also a higher rank so just wanted to show these to you to show you to literally scan everything like
there's so much stuff on amazon don't just scan what you like scan everything i have actually been
testing out selling in higher ranks lately and it's actually been paying off um but i'm taking
calculated testing ranks but i always recommend testing anything you want to test just test low so
like small quantities so that you don't get burned if your test should fail but if you want to know
the beginner ranks that i recommend when you're starting out for the probably first months to a
year if you want a safe like this item is gonna sell rank i have a free download on my website
which you can get for free you just sign up for my email list and it's emailed right over to you it's
a full list of all the ranks you can save it to your phone or save it wherever you want it's a pdf
has a bunch of different information it's a free download i think it's like 10 pages of information
if you want to have it so anyways that is to help you when you're starting out but once you
get comfortable and you understand this business you can test whatever you want it's your business
see what works for you from there food was the next aisle so here are some grocery food items
that i found so these fruit loops they don't expire until october so you can still plenty of
time to send them in it's a two pack bundle here's a few other grocery at bolas to look out for these
nature valley granola bars these pop tarts so the thing with the pop starts is that they expire
uh in july so that's too soon to the fba but you can go ahead and fbm them these hungry
jack potatoes okay there's a ton of them so they make a good profit again a bolo here at ollie's
then i headed over to the home sheets uh like the whole bedding type area and i scanned anything
that has a upc not everything has a upc so i just get past those but sometimes it does pay off so
i did get a couple winners here in the bedding aisle so definitely recommend scanning that i got
14 of this item it makes 6.92 but since i have my always 15 off coupon it actually makes me 8.87 so
always want to sign up for the ollie's discounts they do take tax exempt so after all of that i'm
gonna make more profit just by having these always free coupons here's a sharper image item i found
in the betty nile do not sell sharper image a hundred percent you will get an ip complaint
many members of the volo group have reported getting one because they didn't know about it
so definitely don't sell sharper image stay away then i went through scanning
everything and scanned all the yarn and there are some that make a couple dollars profit so
it is totally worth it to scan yarn i mean maybe you knit maybe you don't might be crazy to you but
people want what they want and so they're gonna go to amazon to find it and if you can sell it
to them you can make some money then i headed to the health and beauty items and here is something
that i wanted to show you guys because if you see here on the front screen you'll see that
it says the buy box is 19 1946 but when you click through you're going to be like oh my gosh it's 13
because someone's price tanking this item however they didn't need to because the buy box is at 19
so it just doesn't make any sense of why they're price tanking the item
anytime you see something that is like ending in 98 46 like just random numbers that aren't 99 or
0-0 like we're kind of used to like a standard at retail that is telling you that price tanking
is happening and so it's just something to know but like in this example the 19 person is winning
the buy box because the buy box is a rotation so if the person who is near me their stock
sorry their stock is near me the seller could be anywhere but their stock is in a warehouse near me
that seller is going to show up in the buy box that seller is also going to show up in the buy
box if they have it in stock if your stuff is transferring around fc transfer and reserved
you are could win the buy box still 100 you could but if someone else has the buy box
and it's available they're going to win amazon's going to get it to the customer faster they want
to take care of their customers so you would be doing yourself a disservice by dropping price
and you don't have to drop by a penny a penny a penny 50 cents whatever sell it that i can buy
that item and list it for 19 and make the buy box even though there's a lower price seller
now i didn't because even at 19 doesn't make profit but just wanted to show you that when you
see that in the app the buy box is something to take note now you want to consider the low price
because if some sally tank a lot comes around and she's going to match that other low price
i don't know why people don't want to make money but it happens so if that was the case then now
it's going to be less likely that the price will go up so but all that to say if you see something
like that where clearly someone six dollars higher is winning the buy box that is something to take
note and then i rounded out the health and beauty items so here's some floss picks they are 99 cents
they make three dollars there were 40 on the shelf so just that one item you could make 120
in profit so there's so much profit potential out here here's some toothpaste example a three pack
of toothpaste as well as some fixodent again there's profit all over the place always is a
great place to source if you're starting out they have a lot of items that make profit but
you do have to spend a couple hours scanning i spent three hours you might spend five hours set
aside an afternoon and just get out there and scan everything last one because it was towards the end
that i saw in the toy aisle this discovery toys those are another ip i think they're under the
same uh sharper image i think they might be all the same parent brand either way that is an ip
brand don't sell sharper image don't sell discovery discovery kids all that stay away
so i spent 860 dollars today and always just in all these today i have a lot more i'm gonna go to
home goods no tuesday morning next but that just the ollies should profit me well over twelve
hundred dollars two carts full totally worth it again you can do this part-time and make full-time
income if you want my help getting started selling on amazon i have the amazon beginner fba selling
course where it walks you through 16 detailed lessons step by step how to get started selling
on amazon so that you can do retail arbitrage on my arbitrage fba fbm sell how you want to sell
definitely check it out it's at beginnerfba.com thank you guys so much for watching don't forget
to subscribe if you like my channel and i will see you back here for another amazon selling video you