hi and welcome back to another amazon selling video my name is nikki kirk and i'm out today
retail arbitrage sourcing for selling on amazon i do amazon fba but because we're getting into the
multiple season i will also get into fbm a little more but anyways so i've been selling on amazon
for five years now and it is so much fun i love doing it i love making money while shopping i mean
it's awesome so much so that i have created an amazon fba beginner course to help you get started
selling so beginner fba will help you get started selling on amazon if it's something you want to do
i've traveled all over the country literally all 48 states and i've sourced for amazon in all of
them or almost all of them there's a couple that i didn't i'm looking at you north dakota
but anyways so it is how i made my money for the three and a half years that was my primary source
of income that's all i did selling on amazon so i'd go sourcing at stores like home goods which
i was just at walmart which was at earlier today and discount mom and pop stores and i earned my
full-time income doing this part-time so today i'm going to take you with me to two new to me stores
they are discount i call them mom and pop stores because they're like literally there's only one
there's it's not a chain it's not like home goods where they're all over the country so today i
thought i would take you with me i've never been to them and i'm pretty excited they could be hit
or miss right it could be like a more of a thrift type store but they don't look like they are so i
hopefully will find some hidden gems so i plan my sourcing trips the night before i will go through
the bolo list the bolo group list of leads and i'll look and write down what i want to
look for at each store here is a snapshot i have literally a list for every store and then after
i do that i'll look at my sales see what i've sold add those things to the list for my replans
and then i'll go to google maps and i'll google all the different stores that i want to go to
as well as the words discount and outlet because i want to find those little stores that i've never
heard of right so that's what i did and that's how i found these two today again i've never been to
them but hopefully i've got some good stuff for you so let's head over and see what we can find
okay so those stores are always fun even if a little bit dirty they like washers there they
look like they're probably floor models from i don't know best buy or whoever has
floor models i don't know why i thought of best buy that's where i got my fridge before
anyways first things i saw that but i also in the peripheral saw that they have like home um beauty
stuff food stuff they have pet stuff pet stuff is the next thing i scanned so they had quite a few
pet items so i just went through and i scanned them all i'm gonna just show you things that i
scanned because it is a cluster of kind of all different things so it's literally like you were
in there with me right now so here's some of the pet products i scanned some of them are expiring
pretty quickly so you would have to fbm them some of them expire further out so i can
fba them i just wanted to show you this example because i scanned and it has multiple listings and
this is a question that's asked often um which one do you pick so there's multiple listings for it it
looks like the older one and the older one i'm saying that because it's got different packaging
and because it looks like um it's higher rank so it's probably an older model but it's literally
the same product so you can pick whichever listing you want obviously amazon's on the better one
so i picked the older listing for this one a lot of these kind of discount liquidation type stores
now have amazon returns i literally heard two of the employees talking about amazon palettes that
they're getting so you got to watch out for that stuff so here are some examples you can
clearly see because you're i'm sure you know what amazon return looks like if you've gotten them
um this is the amazon warehouse label and it's not necessarily a bad thing but it's not a good thing
either because you don't why was it returned right you don't really know why didn't the seller
sell it so you just kind of got to like think about that so i'm i didn't get any and i don't
think i would buy any but just know that something to watch about those amazon returns this store
had a lot of tools probably like three hours of tools they also had a lot of like vinyl flooring
um so it's kind of like ollie's i don't know if you go to that back part always where they have
all that vinyl flooring so anyways i went through the tools and i scanned them but tools is tricky a
lot of them do come up but you have to have a like pretty low ranking tool so here's an example um
this one was 300 000 and you can see when i put it in jungle scout estimator so this is a free tool
it's just jungle scout dot com slash estimator and when i put it in there you can see it says invalid
if it says less than five or invalid that pretty much is telling you that it is not
going to sell and then when i put in a hundred thousand just to get like an example to show you
you can see it says it's gonna sell 60 a month so just something to be aware of with tools so
even even a hundred thousand is pretty high for me i would probably really go to like 80 as more
of my comfort level but a lot of the tools did show up so it's kind of one of those things i
don't like to tie up my money in hopes that something will sell i'd rather use my money
and buy stuff that will sell pretty quickly and when i say quickly i mean within three months
two months is like my sweet spot i want it to sell pretty much when it hits the warehouse or
by two months if it gets to three months then i'm considered excess inventory when you're in amazon
and then i'm like okay price to move another thing you want to watch out for at these types of stores
the discount bargain outlet type stores you want to watch for the packaging like you can clearly
see these packaging are discolored and if you got that as a customer you probably wouldn't be
very happy so you just want to make sure that the packaging is new i didn't even scan these things
because the packaging is so discolored i would never sell it and you want to make sure you are
scanning everything and everything and everything ice cleaned faucet i scanned lights because i have
sold lights that i got at a previous discount place in oregon um i think there were costco
lights that they got in the leftovers or whatever so i scanned random whatever this thing is i have
no idea i just scanned anything that was in a box that had a upc ice skate at all i
have sold caulking before from lowe's so i went ahead and scanned everything that they had here
and i just wanted to share a couple of things that happened while i was scanning it so some of them
were sold out which is a good thing right because i can probably sell it for more but when it's
sold out it's hard to figure out if you're gonna make any money so what i did was i went over to
keepa and since the rank is kind of high it does seem like it's too high right
but it's sold out so the rank is obviously going to be going up since it's no longer selling
so i figure since it's sold out i can bring that rank down if i sold it so i went over to
keep it and checked what was it selling for and when i looked to there it was only signed for
twelve dollars when amazon had it now i could probably go more but i don't know if amazon
will allow a price high enough to make a profit so since it cost 750 i just went ahead and skipped it
but i do use keepa a lot when things are sold out actually i just keep it every time
something's sold out another thing that happened in the caulking was here's one that looks really
great it's a hundred thousand at home which is an amazing rank for home that thing is
gonna sell right but then when i went to look at keepa because i didn't totally believe it
it is actually in industrial and industrial that rank is not going to sell so it was two dollars it
probably i think you said it was going to make six dollars and actually it's probably a good buy but
it's just gonna sell so slow why waste money to ship it because they're not necessarily light and
a poly bag and all this so i just ended up leaving it here because it wasn't worth the hopefully
selling like i just mentioned before even though only would have cost if i tested six what twelve
dollars it just still wasn't worth the 12 to me after i was all done through the tools i went
through the little bit of the home area and they had some you know pains and stuff it did remind me
a little bit of always just really more sparse and then is that a word sparse spares anyways
the one thing i noticed when i went to the food was first of all that everything is
way expired like 20 20 and 20 21 um and dirty and bent and my hands were just so gross
so you got to watch that kind of stuff it is a bummer because some discount stores do
have you know good stuff kind of like grocery outlet and always get like they're they're
kind of close but they're still sellable so that was a bummer because that was all old old stuff
and then i didn't see this until i got up to the counter but all sales are final which is fine
uh but that just something to note that that's probably going to happen at your local discount
stores and they do take tax exempt so i just asked and now i'm in their system for when i come back
next time because i will come back to that one um i did get some pet stuff that i'm sending in
but it's just now i know what to kind of look for i'm going to have to look for those
like kind of paladi type stuff like that they had pallets of pet treats so those will be what i'm
looking for i'll add it to my rotation i won't take nearly as long as i did this first time
but yeah it's just good to know also if i need a tool they probably have it for cheap now i'm
at this next little discount store so i'm going to go ahead check it out and i'll fill you in
okay discount store number two so i think it's like an old kmart or it kind of reminds me of a
burlington also but definitely another liquidation spot although they have a lot of stuff and it was
clean for the most part so right off the bat i just went to cruise through clothing not so much
the hanging clothing at first but because i saw some package like haynes back on the back wall
and then i noticed that they sharpie the price on everything so there's a couple different ways to
get sharpie off becky told me she uses a dry erase marker i think red or green and it will come off i
googled really quick and you can use like rubbing alcohol hand sanitizer white vinegar lemon juice
so it sounds like there's a couple different ways to get sharpie off if you want to um but
that is an added like packing prep and added like it better be worth it for me to buy it if
that happens so they had these boys jackets like you know nice little suit jackets and they look
like they would make money um some of them were sold out so of course that you could like price
them higher however the way they do their prices here is kind of crazy so it was eighty dollars
wherever it was at jcpenney's or 85 90 whatever it was and it's also gonna be that much minus
like 40 off or whatever their discount of how they do their prices which is crazy and then they have
bras so don't be scared of the bras i scanned a couple and you can see like amazon is selling them
um this one for example was missing all of its like branded tags so you can't sell that new it's
missing all the tags that say what it is i mean it had the upc tag but that doesn't mean anything so
definitely make sure everything has the tags when you're shopping these discount places
then there was these other bras which i have sold in the past and you can see here that they put the
sensor inside so that means it's not going to be folded nicely like they took it out put the
sensor on it and then put it in there so just no it has to be new that's what we're covering
today it has to be new and so it's not going to be folded like new a customer is probably
going to think it's used even if you folded it really nicely it was just kind of like meh
so i skipped those here is a brand that i found that you should look for wherever you have bras
that hang like this i know since this video is like a mom and pop discount store hopefully you're
just taking it as examples of what to scan and hopefully go out and scan a mom and pop discount
store but anyways this brand of bra is hive ticket bra and actually makes money so they had a couple
different variations of them here definitely watch out for this brand wherever you source bras
what i have noticed is that the bigger sizes of bras and then there was also these stockings or
um nylons what do we call them now i don't know anyways leggings there was the bigger sizes of
those also so maybe it's harder to find in stores and so anyways just my observation so far of bras
was that it was the larger sizes that were going for more money then they had this nike hijab
which makes seven dollars cost eight dollars so that was a nice find pretty quickly when i saw
all the very expensive beauty items i figured out that this is a department store liquidation store
so that's probably why some of the bras were more expensive you know they had suit jackets
and then all this like lemur lots of i can't believe people pay this much money for stuff
in general like these are their normal prices people are paying this money much money on sephora
or wherever they get their beauty stuff anyways besides the point so i was scanning it all it was
kind of time consuming i sat on the ground scan scan scan scan but i did find and i'm testing them
because i can come back in here and get them testing out three beauty now they are kind of
high priced um and they're also kind of high ranked i think the one i'm testing is 300
000 in rank and beauty which is super high but i gotta test it because you guys that's selling for
a thousand dollars and i think i got it for 116 or something and a thousand dollars who's paying that
it's crazy so this little bag right here of my three tests is probably a thousand dollars of
profit if not more gross sales just these three items two thousand dollars so i'm excited to
test them i'm gonna go ahead and do them fbm and i'm gonna do the signature required to make sure
like no one's still in that package all that kind of stuff so anyways i will let you know in the
comments by the time this video is out if they have sold yet or not but i feel like it's like
it's crazy i feel like i'm walking around with a lot of money just because of those three things
that is it for this video i hope this video was helpful and gets you excited to look for some
bargain some discounts some outlet stores around you because they really can be full of hidden
gems that very very few people few sellers will actually find so they can make you a lot of profit
and you can probably be some of the only sellers on the buy box so anyways i hope this video was
helpful don't forget to like comment and subscribe if you need my help getting started selling
on amazon definitely check out the beginner fba course or check out the bolo group or my ungating
guides all of them are just created to help you get started and make the most of your business
thank you guys so much i will see you back here for another amazon selling video
you