$3400 Profit in 10 Hours Selling on Amazon with Retail Arbitrage

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  • Опубликовано: 25 авг 2024

Комментарии • 116

  • @NikkiKirk
    @NikkiKirk  3 года назад +6

    Get ungated or join the bolo groups today! Nikkirk7.com/amazon

  • @earthsmedicine445
    @earthsmedicine445 3 года назад +8

    Hey Nikki, would love to see a video about how you keep your spreadsheets organized and how you list things. Not sure if you have a video of that going to check after this video

  • @LMCEK
    @LMCEK 3 года назад +8

    Yay great haul! 😍 Please consider doing a video on why sellers shouldn't tank the price (especially new sellers). Ways to know that you don't need to lower yourself into a competitive, negative, scarcity vibe by using tools such as Keepa to help prove that the item will sell at the current or higher price.

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      Thanks Lissa! I will for sure

  • @glendadavidrealtor
    @glendadavidrealtor 3 года назад +5

    You are awesome 👏🏼
    Thank you for the info. I’m new and you have inspire me to sign up on Amazon.
    I’m going to post my fist item today 😬🤗❤️ just join your group as well.

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Thank you! Congrats on getting started!!

    • @deepikabasnet5056
      @deepikabasnet5056 3 года назад

      Yay congratulations 🍾 and all the best

  • @JasmineJeane
    @JasmineJeane 3 года назад +3

    You’re awesome!!
    edit: Thank you so much for suggesting over and over in your videos to click through!! I accidentally bought boxes of kellog thinking they were the other cereal... It said I needed to be approved.... I clicked through because of you (when I really would have just stopped).... Just got my first auto ungating!!!!! woooooooooooo... So excited!!!! Thank you!!!!!!!!!

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Yay!! Congrats!!!

    • @JasmineJeane
      @JasmineJeane 3 года назад +1

      @@NikkiKirk Thank you.. I haven't been genuinely happy in so long and for some reason that was the thing that just triggered I was at the end of the tunnel.

    • @TheEOW_
      @TheEOW_ 3 года назад

      I’m new to selling and I kept
      Clicking through on a few items I was being blocked from selling and sure enough, I was auto approved.
      No on go learn how to do a spread sheet and what’s the deal with FBA shipping? I don’t understand?

  • @angelawhite7140
    @angelawhite7140 3 года назад +3

    I love your videos! I really hope you will remain truly genuine & not become a annoying "buy my program" person. Stay true & be you ♥️

  • @seribelladesigns2858
    @seribelladesigns2858 3 года назад +3

    Heyy girl heyy! I'm in Oregon too :) Great videos, thank you for the helpful knowledge! I just got into Amazon for a month, and have made about 200 in sales, so this kind of information is really helpful!

    • @Tristan-fh5ui
      @Tristan-fh5ui 3 года назад

      How long does it take stuff to sell once u list it

  • @staceydelong3026
    @staceydelong3026 3 года назад +1

    I am loving your videos. I will for sure be getting your guide!

  • @rudolphmcneil768
    @rudolphmcneil768 3 года назад

    Hello from Canadian.. I love all your videos and I am Learning so much about this I cannot wait to start selling on Amazon. Thank for sharing.

  • @blackteaandhoney
    @blackteaandhoney 3 года назад +1

    So good to see you! Congrats on the profit and thanks for the freebies😉

  • @adylos_2875
    @adylos_2875 3 года назад

    Thank you for all the information, I’m learning a lot from your videos and it makes me excited to start this soon!!

  • @xciceroguy
    @xciceroguy 3 года назад +2

    Never considered Grocery Outlet, I have a few near me. I’ll check them out. Thanks.

  • @smoothinfldr6994
    @smoothinfldr6994 3 года назад +2

    Happy New Year!

  • @walkinfaithnotbysight
    @walkinfaithnotbysight 3 года назад +1

    Question- My baby & toddler will probably only put up with an hour or 2 of sourcing; do you think sourcing several days during the week (listing in the evenings as I go), and shipping out at the end of the week is a safe plan? I know you typically list & ship the day after to get it out quickly and I'm wondering if holding product for several days could screw me over?

  • @CJSPENO
    @CJSPENO 3 года назад +1

    Great job Nikki .. thank u so much ..

  • @jerryrichardson7265
    @jerryrichardson7265 3 года назад

    Great video Nikki!!! Thanks!!🔥🤑😁

  • @sajidfarooq7687
    @sajidfarooq7687 3 года назад

    Hi Nikki I'm your big fan happy new 🍾

  • @blancalara8232
    @blancalara8232 3 года назад +5

    If I purchase your ungating guide, how do I file to make it tax deductible?

    • @deepikabasnet5056
      @deepikabasnet5056 3 года назад +4

      Great question

    • @CheckmateFlips
      @CheckmateFlips 3 года назад

      Just when you file taxes you list any course towards your professional development as a business expense.

  • @TheCrazyblonde12
    @TheCrazyblonde12 3 года назад

    Hi! New subscriber here! I’ve been shopping Walmart hidden clearance stocking up waiting for my Amazon verification! I had my video call 2 days ago so should be any day now! Your videos are very helpful

  • @jeffersonjohnson543
    @jeffersonjohnson543 3 года назад +3

    Hi Nikki I have a question, How long does it take for you to sell and get that profit back?Thank You

    • @NikkiKirk
      @NikkiKirk  3 года назад +3

      Some of the hot items already sold in route to the warehouse. The rest usually sell in weeks.

  • @uniquenamebyme
    @uniquenamebyme 3 года назад +4

    Hey Nikki, what do you do with your returns while you are on an RV Traveling? Do you send them to your original address or do you send them to your location?

    • @NikkiKirk
      @NikkiKirk  3 года назад +4

      FBA returns I usually have to damage out if they don't go back as sellable. FBM go to my PO box. I don't have a whole lot of returns.

    • @uniquenamebyme
      @uniquenamebyme 3 года назад +1

      @@NikkiKirk thank you!!

  • @jonathanhutabarat8169
    @jonathanhutabarat8169 2 года назад

    Shipping to Amazon $0? Probably you should add the shipping cost to the warehouse to get the correct amount of profit

  • @arinagreager4228
    @arinagreager4228 2 года назад

    Hi Nikki! Awesome video! If a toy says “only at Walmart” or something like that, do you try to remove/cover it up or leave it as is?

  • @boomieboo
    @boomieboo 3 года назад

    Thanks for sharing. When you list the profit in your spreadsheet is that just projected profit or actual profit after it sold in FBA? If it's only projected would you recommend having another column for actual profit in the spreadsheet?

  • @dframp5152
    @dframp5152 3 года назад

    Loving your videos. I may have asked this but I have a large warehouse. Would it be a good idea to get, for example, valentines clearance items the day after valentines and save them to sell for next Valentine's day ?

  • @JC-gn7tz
    @JC-gn7tz 2 года назад

    Hi Nikki! I need your help getting ungated in Baby Activity Gear. Can we book a 1 on 1 coaching session?

  • @journeyto1million495
    @journeyto1million495 3 года назад

    Nice video!. Do you get paid weekly?. Or?. When the items sell?. What happens to the items that doesn't sell.? Ty

  • @baldielake3738
    @baldielake3738 3 года назад +1

    Hi I have a question: can you be profitable selling as a MF seller?

  • @justinn9982
    @justinn9982 Год назад

    what would you look for after christmas?

  • @marianelamarshall-diaz2677
    @marianelamarshall-diaz2677 3 года назад

    Hi Nikki, I’m new to this and need to ask - how do you sell Starbucks? How do I get the invoice for amazon? Thank you 🙏🏻

  • @bryanjabalera5395
    @bryanjabalera5395 3 года назад +1

    To be honest it would be better if you can set up a default shipping rate .5 per pound. or whoever you want to still give us an idea

    • @NikkiKirk
      @NikkiKirk  3 года назад +3

      I don’t do it like that so I wouldn’t be able to. I don’t even worry about shipping it comes out to 10¢-50¢ an item. 80.22 divided by 361 is 22¢ and item. The major shipment was $54.96 and 324 items so it’s 16¢ and item. If you’re starting out 50¢ an item is a safe buffer.

    • @bryanjabalera5395
      @bryanjabalera5395 3 года назад +1

      Yeah is tricky calculation because items are bigger and smaller heavy and lightweight.

  • @Newyorkteddy
    @Newyorkteddy 3 года назад

    thank you so much for this video! how did you create your excel sheet ?

  • @kennyhatcher9950
    @kennyhatcher9950 3 года назад +1

    Quick question Nikki, what cell provider do you have? If the store doesn’t have WiFi I end up not being able to scan a lot of times due to no service. I know you travel a lot so it varies state to state but just curious which you use and find to be reliable. Thanks and I love the content 😀

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      I have Verizon and I haven’t had this issue in quite awhile. It used to happen in Toys R Us all the time. Thanks for watching Kenny!

  • @jeffdorris5321
    @jeffdorris5321 3 года назад +1

    Happy New year 🎆🎆🎆

  • @RedBig10001
    @RedBig10001 3 года назад +1

    Hi Nikki! I love your videos and your insights. You’re one of the best Amazon you tubers as far as clarity and qualify of information-you always seem to have a video answering my questions as I have them. I’ve sent in two shipments now for FBA but do not qualify for Amazon’s preferred carrier (UPS) or the discounted rates because I am in Alaska. I cannot find anyone who addresses this and the shipping kills my profit margins. Do you know anyone who sells from Alaska or Hawaii or know of any good shipping ideas for me? TIA!
    -Kyla

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Ahh! That’s amazing! I don’t know anyone, I know some Canada sellers who have the same kinda shipping issues. Where do you send your stuff for the most part? In state or to the lower 48?

  • @angelakelley4859
    @angelakelley4859 3 года назад +1

    Excellent!!

  • @exoticnerve3410
    @exoticnerve3410 3 года назад +2

    Would it be a smart move to use a bluetooth scanner to scan all the products for RA or is it best using your phone?

    • @NikkiKirk
      @NikkiKirk  3 года назад

      If it works for you go for it! I am happy using just my phone

  • @Islandboy49
    @Islandboy49 3 года назад

    Hi Nikki Kirk how can I reach out to your personal before joining bolo group .

  • @100shshsh
    @100shshsh 3 года назад

    Who pays the shipping cost? I mean isn’t it really expensive to ship them to amazon warehouse?

  • @abbiefluharty7866
    @abbiefluharty7866 3 года назад

    Really seriously looking into getting started in this.. just wondering how year end taxes would be done on something like this? Does Amazon have a sellers tax info option?

  • @scrubfive9239
    @scrubfive9239 2 года назад +1

    Is it realistic to expect to start off with a $2,000 bankroll?

    • @NikkiKirk
      @NikkiKirk  2 года назад +1

      Yes, I started with $700 and then another $750 a month or so later so more is always easier

  • @gracemalinao5078
    @gracemalinao5078 3 года назад

    Hey nikki , what apps do you use to scan some items in the store ? I'd love know .thank you

  • @TheEOW_
    @TheEOW_ 3 года назад

    How come you don’t add shipping to the seller app?

  • @ashlynseeley621
    @ashlynseeley621 3 года назад

    Hi Nikki! I am in Oregon also and I am trying to get ungated in toys but I need a business license or resale certificate...how did you do it?

  • @maricelkellam6354
    @maricelkellam6354 3 года назад

    Hello, I'm new on your channel, and I'm interested in doing Amazon resellers. Do I need to get an LLC license first before I start selling?/

  • @bliythe2
    @bliythe2 3 года назад

    Hello I'm a newbie... I have just 1 question. Have you used Sqoutiq?

  • @dframp5152
    @dframp5152 3 года назад

    Why do you ship to different warehouses? Why not just the closest one?

  • @jayngo23
    @jayngo23 3 года назад

    hey nikki i did $100,000 sales last year while working fulltime at a 9-5 job, Im trying to scale up to quit my job. Are you from canada? does your bolo group really work for canada? ive joined many but they say its for canada but all items are only found in usa.

  • @ElPatron-sw7gb
    @ElPatron-sw7gb 3 года назад

    You mentioned you had to poly a item.
    Do you have to poly everything you send FBA?

  • @SaurabhinCanada
    @SaurabhinCanada 3 года назад

    Hi Nikki, congratulations for this huge 10 hours RA profit!! I would be interested in purchasing your Bundle guide in $139, however, I am based in Canada and not sure if this will work for me in Canada as well? And are there any further investments or initial purchases required to get ungated after buying this guide? I would appreciate your reply on this.

  • @nathaliascott5379
    @nathaliascott5379 3 года назад

    How long does it take for you to sell out your inventory

  • @yourboyrene
    @yourboyrene 3 года назад

    Do you get the profits to you bank or check????

  • @jamieguthrie9833
    @jamieguthrie9833 3 года назад

    do you have to provide receipts for the stuff you send into fba?

  • @espom5
    @espom5 3 года назад

    Hi just a question do you do FBA or FBM

  • @gingerkate1985
    @gingerkate1985 3 года назад

    how can I get your tutorial book

  • @CJSPENO
    @CJSPENO 3 года назад +1

    Nikki, when would you Poly bag makeup,? Thanks

    • @NikkiKirk
      @NikkiKirk  3 года назад

      If it can open in up in transit yes. If it was already boxed probably not. Or if it needs to have a label and it's tiny it would also need one.

    • @CJSPENO
      @CJSPENO 3 года назад

      @@NikkiKirk Gotcha Makes sense. Thanks 🤩

  • @melihdalcn4891
    @melihdalcn4891 3 года назад

    Hello Nikki, I’d like to ask you that when you buy inventory how long takes or wiling you to take sell them?

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Most stuff sells in the first weeks and month. I like to have everything sold by 90 days

  • @mariamwaseemi1213
    @mariamwaseemi1213 3 года назад +1

    Hey Nikki! when u say "scan the items". What app you scan it on?? Amazon app or another one?
    Thanks

  • @pathtobillions8070
    @pathtobillions8070 3 года назад +3

    Hey, does your toy ungating guide help with Lego?

  • @jen_ar
    @jen_ar 3 года назад

    Great Video! What do you tell people who ask why you are buying so much of 1 thing? I don’t like explaining myself 🙄

    • @NikkiKirk
      @NikkiKirk  3 года назад +2

      Lol I just agree with whatever it is they’re thinking it is. Got a lot of kids, yep. You must like that, yep.

  • @lilmizlady
    @lilmizlady 3 года назад +1

    This video was super helpful. I kept rewinding to take notes. Is FBM a good way to get started for new sellers? I’ve only sold maybe 6-7 things in my seller history and I’m planning and paying for a wedding so I don’t have much capital at all right now but I want to build.

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      Awesome! Congrats!! Yes you can start however you want to! Many people start small with FBM and/or books

  • @harun-ur-rashidmohammad5069
    @harun-ur-rashidmohammad5069 3 года назад

    I want to learn could you teach me plz

  • @morganivey9595
    @morganivey9595 3 года назад +1

    i feel like almost everything i scan says, amazon cant find the product, does this happen to you as well??

    • @NikkiKirk
      @NikkiKirk  3 года назад +3

      It just means it’s not on amazon with that barcode, try to scan the front like a photo if you think it’s on Amazon. Random store brand and generic stuff won’t be in amazon

    • @Denzel_4
      @Denzel_4 3 года назад

      @@NikkiKirk I want to start should I get the 39.99 pack I wanna work full time. And how can I find what’s going to sell on Amazon the fastest. Thanks

  • @Clinchandstrike
    @Clinchandstrike 3 года назад

    Do they cash you out right away? Or do you have to wait for someone to actually purchase.

    • @NikkiKirk
      @NikkiKirk  3 года назад

      No, you get paid after the items sells and ships to the customer.

  • @yourboyrene
    @yourboyrene 3 года назад

    Those anybody see the ad on the video that is this guy saying that we are trying to follow what another people are doing on Amazon

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Lol. If he’s the one that says something about a sea of sellers and make money in your sleep, I do a video on that 😂🤦🏼‍♀️

  • @cherylhecht3117
    @cherylhecht3117 3 года назад

    What’s the shipping method do you use to send all items to Amazon FBA?

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      I use Amazon’s UPS

  • @ketocookingchannel5318
    @ketocookingchannel5318 3 года назад

    Question. can you explain to me when and why do you send your stuff u buy to amazon? thanks so much kc

    • @NikkiKirk
      @NikkiKirk  3 года назад

      That way Amazon warehouses it, sends it to customers, and handles all the returns

    • @ketocookingchannel5318
      @ketocookingchannel5318 3 года назад

      @@NikkiKirk thank you Nikki. My wife and i are really needing help to get this venture started. lol
      Can you advise on if keepa is stiil allowing for paid accounts. i tried but the verification email never comes to me?
      thanks so much

  • @mikewestern9925
    @mikewestern9925 3 года назад

    what scanner do you use

    • @NikkiKirk
      @NikkiKirk  3 года назад

      The amazon seller app

  • @SilverShotHD
    @SilverShotHD 3 года назад

    Okay does she list these as USED-LIKE NEW on amazon? Or NEW??

    • @NikkiKirk
      @NikkiKirk  3 года назад +1

      She = me? No I don’t list as used. They’re new.

    • @SilverShotHD
      @SilverShotHD 3 года назад

      @@NikkiKirk Okay I wanna do this re selling. But I've read that you can't list it as new. If someone claimed a fraud item or whatever, Amazon asks for a invoice. I heard they don't accept invoices?

  • @pavlenikolic3555
    @pavlenikolic3555 3 года назад

    Wouldn't be easier to just order from Walmarts Web Store ?

    • @kailit9984
      @kailit9984 3 года назад +2

      Clearance items is different store by store bc was each store needs to get rid of different shelf items

    • @NikkiKirk
      @NikkiKirk  3 года назад

      Yes that would be easier but then they probably wouldn't be nearly as profitable since they're easy for anyone to find. Also, Walmart website and Amazon are essentially the same thing now, Walmart is a marketplace with sellers like me on it.

  • @dennismassie3552
    @dennismassie3552 3 года назад +1

    👋🏻Florida ☀️🌴🇺🇸

  • @rogeliofigueroa3888
    @rogeliofigueroa3888 3 года назад

    I hope you know your super pretty sorry if it was inappropriate just saying

  • @Positive.Planet
    @Positive.Planet 3 года назад

    4.20 profit. hehe iM IN!