- Hi, and welcome back to another Amazon selling video.
If you're new to my channel, my name is Nicki Kirk
and I'm still on my parent's back porch
because the RV is still getting renovated.
Really quickly, here's a few progress photos
from the renovation so far.
Because of all the renovations and under construction
like I'm sure you've heard from anyone who's ever remodeled
or built anything, it takes a lot longer
than you anticipate.
So, I wish we were actually out of Oregon already,
but we are here and so, because of that,
I have not actually gone sourcing
in quite awhile, think like four weeks to be exact.
And it's really tough, I'm actually going sourcing tomorrow,
but so far haven't been sourcing.
But it actually gave me a great opportunity
to show you what real part-time Amazon looks like,
because in this video, I'm going
to show you how I made $3,600 in profit
from literally one sourcing trip, you guys.
One time, three days work and I made $3,600
last month on Amazon.
So I actually recapped the sourcing trip I went on
for that profit a couple of weeks ago in a video
and I'll link it here but I went sourcing one day
for like 10 or 12 hours, I can't remember,
and then I packed it up, I did half of it one day,
and half of it another day, so we're going to say,
let's say three days all in and I was probably 20 hours.
If that I, three days work, $3,000,
I mean, you can't really beat that, right?
You can do this part-time.
I know I've always been doing it part time
and I'm not, you know, this part-time normally
I go just one day a week but because it's been a couple
of weeks, I just thought it was a great opportunity
to show you what's really possible
once you get out there and keep doing it.
In this video I'm gonna go through some of the items I sold.
Yes, I'm really gonna show them to you.
Some of the elusive Walmart hidden clearance,
I'm going to walk you through sourcing grocery,
because grocery was one of my top profitable categories
last month and then I'm gonna show you some of the losers,
some of the things that I had in stock toy-wise
from holiday that just did not sell
and how much money I lost on them.
And then last but not least I will walk you through my week
by week profit from January just to show you like
how things kind of go because it did start rather slow.
Okay, so if you watched my video a couple
of weeks ago that I talked about
where I actually went sourcing for this
I did mention that I found some
of these Walmart hidden clearance items
and here's what they were.
I found these Jurassic park characters on Walmart
on the shelf, in the clearance aisle and they were all $1.
You may have heard sellers talking
about the Walmart hidden clearance
and if you're wondering what it is
it just is something that is literally not marked
on the shelf that it's clearance.
So, you're going down the Walmart aisle
and you're thinking, oh, it's, you know
9.99 or whatever the price tag is,
but when you scan it with the Walmart app
it actually comes up as a dollar.
In this instance they were just randomly haphazardly
on the clearance shelf, there was no price at all.
So, I always use the Walmart app to scan
to see what the price is, because you can price check
on the app and used to go and look
for the little thing on the wall and like scan it,
but then someone told me, "Hey,
you could just get Walmart app."
And that's what I already did
for Target, so I was like, "Oh, duh."
So now I use the Walmart app.
And when you do that, you'll find hidden clearance.
They're not really hidden, they're just not posted
on the aisle.
So, it's a great thing, because that means
that someone didn't realize, cause you better believe that
if a customer walked by and saw it was a dollar,
they would not have been there,
but because they weren't marked, people didn't know.
And I win when I come by and scan them.
I literally could not believe that they were a dollar.
And when you see how much money
they made, that will show you why.
So, this one right here, I'm not even going
to pretend I can, Aila Nebular's something strike.
I got it for a dollar, so I probably made $15 on that one.
This one, again a dollar and I made $8,
another dollar one, and I made $9.
Now I remember when I scan this one,
it was a little bit of a higher rank.
And I was like, "Oh, well I know Jurassic park sells
because I've sold it in the past."
So, that was a great find.
And then this one, you guys, crazy.
So, I made $32 from a dollar.
So that was what Walmart hidden clearance is,
if you ever hear people talking about it,
just know you should download the Walmart app
and you should definitely scan price check everything
that you're doing, just to see if it's on clearance.
Another Walmart hidden clearance item
I snagged in beginning of January, it was this Mandalorian
the child plush, and it was on sale, hidden clearance
on Walmart for 3.50, I grabbed nine of them.
So here you can see it in seller board.
So, I sold them for 19.99.
I sold nine of them, sales, 179.
You can see the Amazon fees, the cost of goods.
So, all together, it costs me 31.50 for them
and I made $88 on that one, so that was another great one
that I sold in the month of January.
This was a really funny experience because as I was,
I got so much stuff at that Walmart trip.
And as I was checking out and there was a little boy ahead
of me with his mom and he was like, looking up at my cart,
like commenting how much stuff I had
because you guys, it was overflowing.
I needed two carts on the way out.
And then he started counting all the different things.
And his mom was like, oh gosh, but it was just so cute.
But anyways, it's always funny stories at the cashiers
no matter what store you're at
when you have that much stuff.
So really quickly, while we're talking toys,
toys sell year round, they sell obviously more during Q4
but they honestly sell year round.
So I get asked a lot, like, am I still sourcing toys?
Are we still sending toys in FBA?
Yes, because they sell year round.
And you're always looking for the rank.
For me, for toys, I always try to stick under 150,000
but they will sell year round.
If you need help on getting in toys and all the big brands
I have my affordable New Seller on Gating Guides
which can help you out, there's toys, topical grocery, OTCs.
You can get which one you want, there's two of them.
Or you can get the bundle and get them at a better price.
The links are all below in all my videos.
And I also have a Canadian seller guide coming out.
You can pre-order it and save right now.
All the links are below.
Toys are also like a hot topic right now
on any of the Facebook groups because of all the documents
that Amazon is requesting all of a sudden.
So you might've heard people mentioning CPC
or child product certificate or Amazon's requesting
for product compliance documents.
All of that is all right now, really in the toy category.
And honestly, I have not really talked about it.
If you're in any of my groups,
you haven't really heard me talk
about it because I'm not really worried about it, honestly.
And let me show you why.
So, I currently have 91 of these document requests opened.
And so many of them are old products that I no longer sell.
There's a handful that I still have.
But when I first got one back in September
and you can see it right here it was
for Scientific Explorer Confectionary Science Kit,
September 24th, I got it, they requested it.
I didn't do anything and it was due by October.
I did start to price to move the product
because I was worried like, I'm sure many of you are,
if you saw them all pop up, I priced to move it.
Unfortunately, it was a higher ranked item.
And it like when I bought it, it was fine
but all of a sudden it went up to like 300,000 in toy.
So, it wasn't really selling and then because of that,
I just kept dropping the price
to literally like giving away.
What did I sell it for, 8.99?
I was losing money on this thing
but I was just trying to move it.
But you'll see here, here are my orders.
So, it says I had to do something
or the listing was going to be taken away by October 19th.
Now you can see here when the product actually sold.
So nothing happened with the listing
and this is what I've been hearing across the board.
So, I'm really not worried about it.
I'm not doing anything different.
I'm still still sourcing toys because they are high profit,
not this one, but normally they are high profit categories.
And so, I am not going to change anything
but honestly you have to do what you want for your business.
If Amazon does take any of them down, then I'll deal
with it when it happens, which is kind of my attitude
towards all things selling on Amazon,
I'll deal with it when it comes up
because there's too many other things to worry about.
So anyways, I hope that is helpful
to you that you don't have to really worry about it.
I'm not worried about it.
If you want to try and get the documents, you can try
and reach out to the brand or if you have a supplier.
So if you use my ungating guides, the supplier
in that guide will be able to help you get some of them.
They might not be able to help all of them,
but you can definitely reach out and ask them.
And you can also just fill out the little exemption form
on Amazon and say this product's for kids
over 12, if it is, and all that.
But anyways, if you want to try it,
it's not going to hurt anything.
Okay, moving on to groceries.
So, I have been asked in the past, is it smart
or do I buy stuff, like, let's say Valentine's day?
If Valentine's day stuff goes on sale,
will I still sell Valentine's day stuff after the holiday?
And for me, the answer is no,
because I literally did that two years ago.
And in March when it didn't sell,
we were all eating turtles that I had sent back to me.
So, I've just been burned in the past.
So, if it's very specific to the holiday,
no, I don't try and sell it.
You can do what you want, I just don't do that.
Now, there are exceptions to this every once in a while.
So, if it's an item like a pumpkin spice something
where it's kind of Halloween but it's more fall
or this item I'm going to show you it's a hot chocolate.
Yeah, sure, it was because of Christmas
that it was out there but it's winter
and cold weather hot chocolate drinking season
right now for months, so people are still buying it.
So, when the rank is really good
then that is a very good indicator that it will still sell,
and that is why I would buy it
because I always buy it based on the rank.
So, let me show you that hot chocolate I'm talking about.
Again, the software I'm using
to show all this is Seller Board.
That's where I'm showing you my profit
and these sales numbers.
It's all from the desktop, they also have a app
and you can get two months free using the link below.
But here we have this Swiss hot chocolate.
So again, it's kind of Christmas-y, but it's more winter.
They were on sale at Walmart for 4.49
and I got seven of them, so you can see here,
I sold $149 worth.
I ended up making $70 gross profit, costs of goods was $31.
So my ROI on that one was 223%.
Here is a Valentine's item that I found
on that same sourcing trip and it's Dove's promises.
It was a big bag from Walmart.
They cost 6.98, which you can see here
that's how I make my skews, Walmart 6.98 break, even 13.29.
And I made 14.85 on them, the ROI was 106%.
They sold for $24.
So while Valentine's day FBA selling is over,
there's Easter coming up you guys, it's actually out now.
So, you should be scanning Easter products out
there right now.
So, I'm going to share one more Valentine's day item
that I sold.
Well kind of going to share it
because it was an item that someone shared
in the BOLO group that I found and I sold.
And so thank you BOLO group members
but here it's a Valentine's day chocolate.
It costs me 5.98 and I made $14 on that one.
It was lightweight and super easy to pack.
So, that was great, thank you, BOLO group.
Again, Easter is coming, you guys,
so get out there and scan Easter.
Really quickly I'm gonna go
through a couple more grocery items.
I'm not sharing what they are because
I'm still out there sourcing them.
And so, I don't want it to tink and price just yet.
This is a candy item, you can see the rank
in groceries, 50,000, which is great.
It's selling for 33.99 and I am making $14
because I'm buying it for nine.
You guys, this is selling so fast, I have sold 14 of them.
Here's another grocery item, this is a soup item
I have found, I've sold 51 of these bad boys.
And while it's not a crazy profit, it is $5 on $5.
So, it costs 4.89 and I'm making 5.13 and I've sold 51.
One more item for you it's got around 30,000 in grocery.
It's 11.96, but I think I'm selling them for 12.99.
I'm sold out right now and so I'm making 4.48,
which is, I know, below my $5,
but, it's like a quick flip and it's selling
and with that rank, I'm just like, sure, I'll do it.
And it was lightweight, so anyways, that's a coffee item.
Those are some of the grocery items
I'm out there looking for.
So, definitely grocery is a great category.
Again, I have my ungating guides,
if you need help in Canada or in the US.
All right, so now to the losers.
Here is what I lost money on in January.
So, I don't know if you remember, but when I was sourcing
in October, I was like, "Oh, you guys,
I'm gonna take a chance on this product,
it's going to be hot for holiday."
I really am not that kind of a risky buyer,
but I went ahead and did it and if I can find the video,
I'm going to insert it here.
So every Christmas there is like one toy
that's the it toy, which is usually a bigger toy
and it's usually more expensive just right off the shelf.
I don't know whether I found it or not
but I thought I would just take a chance on it this year.
So I said, I would circle back and let you know how it goes.
And let me tell you, it was a great product for Amazon.
Amazon never sold out of it and it was expensive.
It costs 74.88, it was 69.99, I was, it was at Target,
so I didn't use my resell certificate, anyways
but I also wasn't using it at the time.
And so I lost money on those.
Do you want to know how much?
There was two styles and I mean, they're big.
They were too big for the biggest size polybag
so I had to go buy a specific, clear grocery bags.
I just cut off the twist tie.
I bought the stickers, the suffocation one I used
to put that on them, tape the bags closed,
and then because they were oversized
they had to go to their own warehouse.
And so that costs like $16 to ship.
I think I had to do two different boxes
because there were three of them would fit
in one of the big Walmart boxes.
And then it was just a whole thing.
All of this risk and in the back of my mind,
I thought this is kind of dumb, but you know, whatever.
I never take these risks, let's just give it a shot.
So they got to the warehouse in November.
They didn't sell in November, they didn't sell in December.
And finally at the end of January
when I marked them to losing money, they finally sold.
So you can see here, I lost money on everyone.
On the first one, I lost $29.
And on the second one, I lost $40 on every single one.
So, between the cost of the bags
and the shipping, I lost over $150.
I'm not a real risk taker buyer
because anytime I do, it kind of backfires on me.
So, luckily I didn't go deep,
besides the fact that there were oversized
that was really only bad thing about them.
But when I bought them, they would have made
like $40, which honestly, wasn't a good enough ROI.
I really don't know what I was thinking.
I think I just got caught up in the moment, it happens.
So, how to keep my risks down is I really look at the rank.
I, I'm always looking at the ranks, that is my go-to.
If it doesn't have a rank, I don't buy it.
If Amazon sign it, I don't buy it.
And if the rank is too high, I don't buy it.
I have my free rank guide if you want to grab it,
you just sign up for my email list
and it's emailed right over to you
after you confirm your email.
The way to keep your risk down is to just buy stuff
that are quick flips and they're going
to sell, like those grocery items
that $5 for $5, quick flip, money all day.
And it's small, lightweight.
So, even with those losses and bad bites
I still made $30,600 off of one day sourcing,
which is freaking amazing, honestly,
I'm pretty shocked myself.
Normally, if I don't go sourcing the sales are not
that great, but it's because I found really high profit
quick turning stuff that all sold.
So, let me just walk you through week by week
what the profit in sales looked like
because I think it's interesting and good to know.
Here we've got week one, which does include some
of December which is why my profit number
over here is a little different,
but so, we're seeing about $2,000 of sales
and $300 net profit and then week two, $2,000 of sales,
$400 in profit, week three, $2,000 in sales, $500 in profit.
So it started getting a little better,
and then week four is right around,
so I sent my stuff in on the 15th, I believe
and so it started to hit in the inventory.
It was like first available, like stuff does
when you drop it off at the UPS store
and then it started to sell because it's like available
but not for a couple of weeks.
And so when it gets to the warehouse, that all changes
and it's now available now to ship to the customers.
As we will see the spike here.
So, $3,000 of sale, almost $900 in profit for week four.
And finally, week five, when all my money started coming in,
almost $5,000 in sales for $1,500 in profit.
So, it really started out slow.
And I was like, "Oh, well, it's going to be a slow January",
which makes sense cause it didn't source a lot
and yada, yada, yada, but everything ended up selling.
So, always you want to keep your inventory flowing.
You want to keep the goods going in.
You can do this part-time, you don't have to put full time
especially when you're starting.
If you have another job, why don't you just start this,
go sourcing every other week, just go on the weekend.
Like whenever you can, it's worth it if you want to do this.
So, I hope this video was helpful and encouraging
or just showed you what's possible
or hopefully you're doing even better than me.
And you're like, what?
That's crazy.
I hope you're doing better than me.
I want everyone to succeed on Amazon
because everyone can succeed on Amazon.
If you needed any help, engaging for the US or Canada
or want to join the BOLO group, all the links are below.
I hope you guys have a happy, healthy
and safe week out there sourcing.
(uplifting music)