@@jurgenschemelzer8369 I always go to the store, i want to see what i am buying. Now i see that Amazone ripp you off, i continue buy in the store coz its cheaper.
I see so many people interested in this and had to put my two cents in. First off, if you want to do this sort of thing, you need a storage unit or clean garage. Second you need to have some cash to get started. You will then need to go shopping and find good things that are in demand, buy them and store them. IF you plan on shipping them for Amazon to store, you need to know that Amazon charges you to store them at their facility by the cubic foot, and also charges you a fee for them to fulfill an order IF someone does order them. So..another words you scan products, see if you can make a few bucks, store them at your house or at Amazon, then wait for someone to buy. IF you end up selling an item and the box is shitty or all busted up, plan on making it right, also keep in mind most discount retailers where you get a good deals like TJ max or Ross sells rejected items, so be willing to refund someone's money when they find out. Don't forget sellers fees, taxes, and any other bs that will come with it.
It's funny how people love to talk about things they know nothing about. First off, I do 2 million in sales a year as a full time amazon seller, % or revenue that's net profit comes out just shy of 27%. Which is over 500k profit per year. If your talking about paying sales tax on items as a reseller, well you probably shouldn't get into business. It's called sales tax exemption. You as the reseller are not the end consumer. Sales tax gets passed to the end consumer (customer on amazon) therefore, if you do things correctly, all the added cost you think applies..actually does not. Do your research and don't be lazy, amazon could very well make you rich.
Talking nonsense..nothing is brand-new ever..unless hand built right in front you..not scum at all ..must be a guy uncomfortable with handouts...like me
@@user-lm9eu4kb9fnope you don’t understand. I worked at TJ max as a teenager and once you know there are defects in the product you can easily spot them. Nobody else can so I still shop there
@@barbarossacoffee8011 society was still a mess. People are largely vacuous, self important, ignorant, arrogant buffoons. Godless. Everything wasn't fine at all under T man. Just better than it is now.
He doesn’t keep inventory. Amazon does. This is why you are going to be stuck at a 9-5 for the rest of your life because you pass judgement on a growing and accessible income stream
TJ Maxxx may also receive items sent out of QC issues. Not always because it can't sell. I just bought a Walmart pallet cos of a few defective microwaves. Now I have 10 boxes of working 100 dollar microwaves that will get me 1000 bucks and I paid 450 for the pallet. And I can sell the defective ones for 25 bucks to some fixer at a flea market.
That's what made it a good place for re-selling before this market saturation. More expensive clothes could be bought here for cheaper. I bought a Ralph Lauren polo hoodie for $30 back in 2018 and they went for $80 new online when I checked. Now all the Polo stuff is picked clean and sold online.
Some genius in the TJ Maxx or Marshalls marketing department just posted this video. It’s a very smart way of them clearing out their used inventory. And getting idiots to do their selling online.
Well he’s not the idiot if can profit 100 dollars from spending 60 I’m 15 I’m about to start I was like it’s almost like free money the you sell at a lower price like 140 and undercut the competition they save 30 and you make 90 I do this about 10 times a week I’ll make a pretty penny
@@Anonymous_joe445one cannot sell branded items through Amazon until you have take permission from that brand. Most brands do not allow that, if some brands do then they charge a commission. This man is a scammer.
@andresvillagomez75 sales rank is how often people buy it on Amazon. So if the rank is 1000, that was the 1000nth item to have sold last on Amazon. Anything under a million is good. Shows how fast it will sell
You buy stuff that is sold and fulfilled by Amazon not 3rd party sellers. People who say they don't shop on Amazon or Amazon isn't what is used to be are just dumb and don't know how to use Amazon properly
@@jayz4evr who said anything about not knowing how to identify 3rd party sellers? Your assumptions are dumb. And if you think Amazon is still the best place to buy things from you’re even dumber. Or just just a blind fanboy.
Nobody wanted it locally, but Amazon or eBay opens up the buyer market to hundreds of millions in US alone. I buy online things I can't find locally and because I hate in- person shopping. To each his own.
If nobody else wants the items at Ross or TJ max....how do they stay in business? You see those stores everywhere! That means that somebody are wanting what they sell.
All fine until Amazon requires you to submit an invoice from a legitimate distributor but doesn’t accept store receipts. This also voids the manufacturer warranty when not purchased on Amazon from an authorized retailer. Amazon sued some buyers for this several years ago when they tried to falsify legit invoices. Good luck
@@stephreneewilliI work for Amazon no Amazon does not sell everything but to sell on Amazon you have to have proof that you have the right to seek those products. You can not sell brand names on Amazon with out the brands permission that’s why you need an invoice that you bought it from the brand.
I miss the old days before resellers ruined stores like this and I could actually go to a store and find clothes and things that I need at a discounted price.
@@oliver_klozoff let’s hope you don’t buy gas, any clothing items, no groceries, don’t use internet or electricity…because..wait for it..all those companies buy their product and..RESELL to you at a higher price. Crazy!!!
Haha. Cause he’s lying. No business man would give his secret away so other people start doing it and become his competitor and his profits drop. This guy is a liar and says shut like this because he makes the majority of his money on you tube.
@@regieds I'm sure he made more than $2, but $1.5m was his gross sales. His net profit would be much less as you have to subtract the cost of the items sold, taxes and expenses. If he buys something for $100 and sells it for $125, thats $125 in sales, but profit of $25 (minus tax and expenses).
I have not, nor will I ever, buy or sell anything on Amazon. Do not have an account, will not open one, ever. Shop local as much as possible. Support local business
Amazon isn't like eBay, if it's selling for $X and it has a a seller's ranking that shows it's selling a high amount. Then you will sell it at $X price. The fees are insanely high tho
Buy the time you scan every item ,buy it, pay the amazon commission, ship it, deal with the buyers questions, deal with returns, You end up with less than minimum wage!
@@shalatornatore9611 If you are doing FBA then you get to take advantage of Amazon having a partnership with UPS and get a highly discounted shipping rate.
i can go through an entire store in about 3 hrs. and make thousands in about two weeks from it. why are people so wrong about this type of thing. it's easy and it's true!
Youll be stuck with inventory for months because you buy clearance items. You’ll never get your time back in cost hunting for clearance items. Time vs profit
That’s a weird pet peeve to have. You’re not the first one to have it either. People seem genuinely upset by low phone batteries. Personally, I think it’s a sign of autism to care about things like that. 😂
I guess alot of people don't know this but they sell blems at these stores. The items have some kind of blemish that makes them unable to be sold at retailers. Example - Messed up stitching, crooked logo or in the wrong place, color appears faded or wrong color. Basically it can be any number of things but they are blemish items.
@@felixrivera7219 Gross sales is how much money came in from sellinf stuff altogether while net profit is how much money Is left over after paying your bills and everything
@@jasoncastillo7685 bro 20% is unattainable. It’s more like 5-7% after all of the real costs come through. You’ve never ran a biz obviously, or if you have you’ve failed.
Today's lesson in "stop paying attention to the top line". $1.5 million in sales can get swallowed up real quick. First all the gas driving at the very least a large pick up to different retailers. He needs to be picking up at least $4200 worth of shit a day. He's got to pay to ship. Amazons BuyBox Algorithm directly compares sellers. Rapid race to the bottom. Financing costs.
He actually did reference the fact that he has overhead when he stated his profits were $60 ( despite the fact that the difference between his purchase price and selling price was $110. He is clearly admitting that he is giving up $50 in overhead ( of which is Amazon fee and shipping). If he had suggested the total difference ( between $59 and $160) was all profit to him by saying his profits would be $100.
@@FoxInTheBasement You actually have a good point worth thinking about if using this claim to support starting your own. Perhaps he overlooked this but he would actually have to buy more than $4.200/day, considering his profit margin ( assuming his John Deere example is representative margin of his business) dictates he average a 100% margin ( $60 spent to double his money and make $60 clear). I doubt he averages 100% margin
@@FoxInTheBasement why are you people so dumb? Oh wait..I know. You’re a “college” guy, studying what? Business? Like every other dumbass that goes to college? You’re wrong about what you said. You really think he’s ONLY shopping at TJ maxx and retail stores? Have you heard of the internet? Now you have. Next, google something called “wholesalers”. WOW! Holy shit! You can buy items in bulk from licensed wholesalers and have it shipped right to your door! Crazy! Fucking idiot.
I shop Amazon a lot. I’ve noticed that Amazon has lowered prices on a lot of items sold and shipped directly by Amazon. Plus, with Prime shipping is free. Amazon gets a percentage from third-party sellers.
The reason everything is expensive is because of the nature of supply and demand, not because some dude on your phone goes to tj max and resells, dont get me wrong i hate this shit and see it everyday working retail, but it is not the reason everything is so expensive now
@@cameronbrown367 maybe, but it is the reason stuff is so expensive online. You can't tell me thousands of people across the nation doing this at stores like TJ Maxx don't affect supply and demand
How do you get around the trademark violation? Do you already have a resellers agreement with TJ Max or the items manufacturer? I have seen a ton of friends get cease and desist letters
That they don’t need to follow. You can sell anything that you bought legally to another party. Trademark violations only matter if you’re trying to copy a product.
I don't buy bigger ticket items from Amazon. I go to Walmart, Costco, and some other big box stores which I see are always busy. I use Amazon for little things I can't be bothered to shop for like computer supplies, cables, ink cartridges, razor foils and batteries.
Exactly because you know the merchandise is actually new and not some closeout junk or a return/open box that came from a discounters clearance rack. Most the clearance stuff at TJ Maxx has been manhandled, torn, missing parts, opened, returned multiple times, used, etc. I never buy anything of value from third party sellers on Amazon unless they have their own fully functioning, brick & mortar or online retail business I can confirm quality outside of Amazon.
Whenever I go into a store and scan the item it ALWAYS is cheaper on Amazon than the store EXCEPT few voluminous items that aren’t cost-effective for postal delivery.
Not to mention the approval you'll need from Amazon to even be allowed to sell the product on their platform. Everything is gated when you start. Nobody talks about that
@@DD-dr4dn Amazon fees, postages, time, misc materials, vehicle maintenance, purchase price of the items, etc. People like to say I had millions in sales without stating actual profit or expenses. Kind of misleading if you ask me.
Tk maxx is litterally a shop that sells excess stock that the brand or previous retailer has struggled to sell online or instore at retail price. Hope you have somewhere to store it for 18 months
@@antonmuller8940 yeah he needs to buy. Tk maxx turns stock over quick. You wont last long or get a good rating selling stuff that titns out to be not avsilable because tk maxx sold out.
@@antonmuller8940 and then it sells on anazon a week later and he goes to tk maxx to buy it and its gone? No he doesnt do that. And that would the flimsiest most time consuming and unreliable business model. Say he puts ten of one item on amazon. Sells one a week. Has to go back to tx maxx every time. And thats just one item, so every time he sells any item he has to go back to whatever store he scanned it in. Just hoping its still available.
If you get things like fragrances, the shipping would be way cheaper and you could sell them on eBay or Amazon. I recently got a Versace Bright Crystal gift set from TJ Maxx for $64, that includes a 100 ml tube of lotion and one of shower gel, a ten ml travel bottle of the perfume and a 90 ml bottle of the perfume. They had the 50 ml bottle in the case too, for $60! Also the red price stickers mean it's marked down, at least at TJ Maxx. I've gotten ten ml travel fragrances for $10 or $20, for things like Valentino Voce Viva Intense and Donna Born in Roma, and Calvin Klein CK Every One and more. They sell those for $35+ at places like Sephora and Ulta.
The biggest issue here is that some of the items don’t sell immediately and you end up with a whole bunch of items that don’t sell for months it might even run out of storage
What he isn’t telling you is the $20 plus he’s gonna spend in paying for the shipping. Since he is matching the lowest price that will include free shipping. So he is going to make maybe $40 profit at best. But with shipping prices and the item size is say more a $25-$35 profit which is still good for sure
@SilentDiablo that would be drop shipping to Amazon FBA, and yeah it's way more profitable. But costs a lot more to get into, with $150 I can make $300 with FBA in a 10 day period. To dropship FBA you need probably $2k to start Edit: just thought about also then you have to rank your listing, get amazon to actually try to sell it. with retail arbitrage you can find products that the manufacturer is marketing for you, and it's a very fast and simply process. If you hit under the 100k ranking, you're pretty much promised to sell your item in 30 days at lowest price match
@@DaltonCollinsonthanks for the info. I'm trying Amazon FBA right now. Would I have to buy items for example on AliBaba and ship them to my house then send to Amazon or can I send them straight there?
Step 4 restock the item when they send it back because the wheel didn’t turn perfectly or the color isn’t what they thought. The number of returns on Amazon is staggering.
One of my friends does stuff kinda like this. He has several buildings full of stuff... and an amazing memory of where everything came from and how much he paid. He also keeps some stuff for 10 years before it sells.
Here’s one… As of today November22, 2002. The price to ship that via USPS, UPS, or FedEx would be somewhere near $60. What a waste of time. And then you don’t even get into cash flow, handling costs, your time, and taxes.
If he paid $750,000 for the purchases and made 70% profit that is $562,000. Not bad. But you say a lot of work. We work 40 hrs a week and make far less per hour.
@@tuckerbearden01 AAAH..A TROLL FOR MY ENJOYMENT AND TRUTH BOMB FODDER..LOL I OWN MY BUSINESS, HOME, 3 VEHICLES, HOME STUDIO, AND $10, 000 IN TOOLS, WITH A BILLIONAIRE AND MILLIONAIRE CLINT LIST. SIT DOWN AND SHUT UP BEFORE I DISMANTLE YOU PUBLICLY, IDIOT.
It’s no easy at all! You need Amazon permission to sell almost every single brand in the world … you need money to buy your stock … you need to spend money on PPC ads asf to get sales …. The easiest thing is to try to fool people selling stupid courses 🤣🤣
So it's cheaper for me to go to the store instead of Amazon.
Got it!
Yeah its 2022 nobody goes to stores anymore, genius!
@@jurgenschemelzer8369 Did you watch the video?
any other online store period is cheaper amazon taxes the hell out of people
I cancelled my Amazon prime
@@jurgenschemelzer8369
I always go to the store, i want to see what i am buying. Now i see that Amazone ripp you off, i continue buy in the store coz its cheaper.
Sales vs profit is a huge difference.
I came to the comments to see what the net was.
@@kaylaEA_more than your 43k job
This is 100% why I only shop at stores. Hate online shopping.
@@Saltpeanutssyou intentionally took time to make an a-hole comment.😏👍 A real winner.
Most people don't realize this. The wow factor is always funny though.
I see so many people interested in this and had to put my two cents in. First off, if you want to do this sort of thing, you need a storage unit or clean garage. Second you need to have some cash to get started. You will then need to go shopping and find good things that are in demand, buy them and store them. IF you plan on shipping them for Amazon to store, you need to know that Amazon charges you to store them at their facility by the cubic foot, and also charges you a fee for them to fulfill an order IF someone does order them. So..another words you scan products, see if you can make a few bucks, store them at your house or at Amazon, then wait for someone to buy. IF you end up selling an item and the box is shitty or all busted up, plan on making it right, also keep in mind most discount retailers where you get a good deals like TJ max or Ross sells rejected items, so be willing to refund someone's money when they find out. Don't forget sellers fees, taxes, and any other bs that will come with it.
Thank you I knew it wasn’t that simple.
I do this and it is totally worth it. I mean don't quit your day job, but I am retired.
That's what I thought the taxes after he purchase the item at T.J Max and resale it? You have to sell it at a fair price too to be able to sell it
It's funny how people love to talk about things they know nothing about. First off, I do 2 million in sales a year as a full time amazon seller, % or revenue that's net profit comes out just shy of 27%. Which is over 500k profit per year. If your talking about paying sales tax on items as a reseller, well you probably shouldn't get into business. It's called sales tax exemption. You as the reseller are not the end consumer. Sales tax gets passed to the end consumer (customer on amazon) therefore, if you do things correctly, all the added cost you think applies..actually does not. Do your research and don't be lazy, amazon could very well make you rich.
And that's why you're poor.
Reselling stuff at full price that had been rejected from quality control is a scumbag move
Does he not look like a complete scum bag? He’s also lying so…
I mean the guy looks like a scumbag
Talking nonsense..nothing is brand-new ever..unless hand built right in front you..not scum at all ..must be a guy uncomfortable with handouts...like me
@@user-lm9eu4kb9fnope you don’t understand. I worked at TJ max as a teenager and once you know there are defects in the product you can easily spot them.
Nobody else can so I still shop there
This wasn't rejected, it was resold to TJ Max and now this reseller will resell it. No one, even the eBay buyer is forced to participate.
I miss life in 1990
I miss the last president
@@barbarossacoffee8011 society was still a mess. People are largely vacuous, self important, ignorant, arrogant buffoons. Godless. Everything wasn't fine at all under T man. Just better than it is now.
Me too
I miss my last paycheck 😢 but Friday is the way for my next one 🍻
I miss life before smart phones and influencers
Step 1: buy things on sale in a store
Step 2: garage full of unwanted stuff
Step 3: divorce, because your wife thinks you’re an idiot.
He doesn’t keep inventory. Amazon does. This is why you are going to be stuck at a 9-5 for the rest of your life because you pass judgement on a growing and accessible income stream
@@kellyhasatinder5072 he robbing the poor
He made 1.5 mil. I don't think his wife going anywhere
🤣😂🤣
@@esolo114 Women leave men who make that weekly. Hell, Jeff Bezos wife left him and he’s wealthier than most people and businesses on the planet.🤷🏾♂️
The reason why it’s at TJ Maxx is because they can’t sell it anywhere else
TJ Maxxx may also receive items sent out of QC issues. Not always because it can't sell. I just bought a Walmart pallet cos of a few defective microwaves. Now I have 10 boxes of working 100 dollar microwaves that will get me 1000 bucks and I paid 450 for the pallet. And I can sell the defective ones for 25 bucks to some fixer at a flea market.
That's selling it at a physical location, when you put it online there are a lot more eyes and buyers for it
That's what made it a good place for re-selling before this market saturation. More expensive clothes could be bought here for cheaper. I bought a Ralph Lauren polo hoodie for $30 back in 2018 and they went for $80 new online when I checked. Now all the Polo stuff is picked clean and sold online.
Exactly. Broken or token. Then miss represented.
It'll cost 25 dollars to ship this.
Some genius in the TJ Maxx or Marshalls marketing department just posted this video. It’s a very smart way of them clearing out their used inventory. And getting idiots to do their selling online.
🤣🤣🤣
Exactly
Well he’s not the idiot if can profit 100 dollars from spending 60 I’m 15 I’m about to start I was like it’s almost like free money the you sell at a lower price like 140 and undercut the competition they save 30 and you make 90 I do this about 10 times a week I’ll make a pretty penny
@@Anonymous_joe445one cannot sell branded items through Amazon until you have take permission from that brand. Most brands do not allow that, if some brands do then they charge a commission.
This man is a scammer.
lmfao I paid for my wedding like this lol. A destination wedding at that lol.
Now you have to wait for a buyer for step 5
If I could hit that yes, 1 million times!
not really. You focus on low sales ranks and they sell in days
@@tuckerbearden01 what do you mean low sales rank? I'm new to this and want to give it a try
@andresvillagomez75 sales rank is how often people buy it on Amazon.
So if the rank is 1000, that was the 1000nth item to have sold last on Amazon.
Anything under a million is good.
Shows how fast it will sell
@@tuckerbearden01I'm getting ready to go out there and start looking for some items. Any tips you can give as I'm just starting?
This is why I don’t shop Amazon as often.
Amazon isn’t what it used to be
I still love Amazon
You buy stuff that is sold and fulfilled by Amazon not 3rd party sellers. People who say they don't shop on Amazon or Amazon isn't what is used to be are just dumb and don't know how to use Amazon properly
@@jayz4evr who said anything about not knowing how to identify 3rd party sellers? Your assumptions are dumb. And if you think Amazon is still the best place to buy things from you’re even dumber. Or just just a blind fanboy.
Good for you! I find the items sold at TJ Max Ross ect. Is a bunch of things nobody else wants. That's why they are there.
Nobody wanted it locally, but Amazon or eBay opens up the buyer market to hundreds of millions in US alone. I buy online things I can't find locally and because I hate in- person shopping. To each his own.
If nobody else wants the items at Ross or TJ max....how do they stay in business?
You see those stores everywhere! That means that somebody are wanting what they sell.
All fine until Amazon requires you to submit an invoice from a legitimate distributor but doesn’t accept store receipts. This also voids the manufacturer warranty when not purchased on Amazon from an authorized retailer. Amazon sued some buyers for this several years ago when they tried to falsify legit invoices. Good luck
Do u think Amazon owns everything they ship. Whenever you buy from Amazon ur buying from someone like this guy.
@@stephreneewilliI work for Amazon no Amazon does not sell everything but to sell on Amazon you have to have proof that you have the right to seek those products. You can not sell brand names on Amazon with out the brands permission that’s why you need an invoice that you bought it from the brand.
@@stephreneewilliyou aren't listening . Retail arbitrage is against Amazon policies , they don't accept retail receipts from third party sellers.
I miss the old days before resellers ruined stores like this and I could actually go to a store and find clothes and things that I need at a discounted price.
You mean scalpers.
@@oliver_klozoff scalpers stuck to entertainment shows, not everyday items and clothes. But ya, I get your point.
@@aureliusva they don't deserve a softer description such as resellers.
@@oliver_klozoff let’s hope you don’t buy gas, any clothing items, no groceries, don’t use internet or electricity…because..wait for it..all those companies buy their product and..RESELL to you at a higher price. Crazy!!!
@@FriedBuffaloChickenWings oh look a scalper has joined the chat.
If he made 1.5m in sales, why does he keep spamming these shitty videos?
Surely he doesn't want more competition right?
He's probably a Christian who wants to spread the wealth and bless others around him 🙏.
Haha. Cause he’s lying. No business man would give his secret away so other people start doing it and become his competitor and his profits drop. This guy is a liar and says shut like this because he makes the majority of his money on you tube.
Said $1.5M in sales.... not profit.
He's stating total sales, but not including what they had to pay out to buy it.
@@Vol2169 so he could have made $2 from selling 1.5m?
@@regieds I'm sure he made more than $2, but $1.5m was his gross sales. His net profit would be much less as you have to subtract the cost of the items sold, taxes and expenses.
If he buys something for $100 and sells it for $125, thats $125 in sales, but profit of $25 (minus tax and expenses).
Rumor has it he’s still scanning candles
lol nothing better to do sure let’s all go to TJ Maxx will scan every item in the store.
I have not, nor will I ever, buy or sell anything on Amazon. Do not have an account, will not open one, ever. Shop local as much as possible. Support local business
I don't think amazon minds if you shop local
It “goes for” is different from “sold for”
Amazon isn't like eBay, if it's selling for $X and it has a a seller's ranking that shows it's selling a high amount. Then you will sell it at $X price. The fees are insanely high tho
Buy the time you scan every item ,buy it, pay the amazon commission, ship it, deal with the buyers questions, deal with returns,
You end up with less than minimum wage!
This is so far from true 😂 but you keep thinking that and let’s others think it so I can keep making my money selling on Amazon
@@FriedBuffaloChickenWings well once you list it what do you do?
@@tracygibson3363 after I ship my items to Amazon, they handle everything else. Prime shipping, returns, customer services etc.
@@FriedBuffaloChickenWings how do you ship to Amazon, shipping isn’t cheap
@@shalatornatore9611 If you are doing FBA then you get to take advantage of Amazon having a partnership with UPS and get a highly discounted shipping rate.
I was a NOPE at Step 2. Every item in the store? Man I have things to do
i can go through an entire store in about 3 hrs. and make thousands in about two weeks from it. why are people so wrong about this type of thing. it's easy and it's true!
Youll be stuck with inventory for months because you buy clearance items. You’ll never get your time back in cost hunting for clearance items. Time vs profit
wrong
Correct
In the rest of the developed world (Europe) once a product has been bought from a store for later retail, it cannot be described as new!
If it's not used, then what is it?
F Europe, but that sounds fair
His phone battery always low
All that scanning lol
@@mazdafy1428 scamming*
That’s a weird pet peeve to have. You’re not the first one to have it either. People seem genuinely upset by low phone batteries. Personally, I think it’s a sign of autism to care about things like that. 😂
Right. Every items posted is not every item sold.
In 5 yrs, this guys house will be an episode on Hoarders
If I had a golden goose I would not tell anyone about it
This is so true! That’s how I feel about anyone who says they have the “best kept secret”!
You nailed it. These fools.... SMH "Hey! Let me show you the map to my gold mine..." said no one EVER!
The real gold is likes and subscriptions
@@kevinfilbin7688 and views that’s where he makes his millions.
The golden goose is “teaching” everyone to do this. “I make s ton of money and it’s so easy and you can do it too……just buy my course”
I remember Amazon had the best deals. Now it’s useful if you can’t make it to the store or have specific items you want without store hunting.
I guess alot of people don't know this but they sell blems at these stores. The items have some kind of blemish that makes them unable to be sold at retailers. Example - Messed up stitching, crooked logo or in the wrong place, color appears faded or wrong color. Basically it can be any number of things but they are blemish items.
Does anyone ever buy from the section “other sellers” in Amazon? If I don’t see “sold from Amazon” I know I’m getting ripped off and pass
True. I never buy from "other sellers" on Amazon.
I have and it's 50/50 good/regret
Step 5: "list and pray" for the order
Huge difference between gross sales and net profit
Whats the difference?
He doesn’t have a answer 🤣
@@felixrivera7219 Gross sales is how much money came in from sellinf stuff altogether while net profit is how much money Is left over after paying your bills and everything
Even if he only retained 20% of that 1.5m he still made 300-400k profit lmaooooooo
@@jasoncastillo7685 bro 20% is unattainable. It’s more like 5-7% after all of the real costs come through. You’ve never ran a biz obviously, or if you have you’ve failed.
Never mentions the $30 shipping to amazon to be able to sell the item
Today's lesson in "stop paying attention to the top line". $1.5 million in sales can get swallowed up real quick.
First all the gas driving at the very least a large pick up to different retailers. He needs to be picking up at least $4200 worth of shit a day.
He's got to pay to ship.
Amazons BuyBox Algorithm directly compares sellers. Rapid race to the bottom.
Financing costs.
You can direct ship to the customer
He actually did reference the fact that he has overhead when he stated his profits were $60 ( despite the fact that the difference between his purchase price and selling price was $110. He is clearly admitting that he is giving up $50 in overhead ( of which is Amazon fee and shipping). If he had suggested the total difference ( between $59 and $160) was all profit to him by saying his profits would be $100.
@@FoxInTheBasement You actually have a good point worth thinking about if using this claim to support starting your own. Perhaps he overlooked this but he would actually have to buy more than $4.200/day, considering his profit margin ( assuming his John Deere example is representative margin of his business) dictates he average a 100% margin ( $60 spent to double his money and make $60 clear). I doubt he averages 100% margin
@@FoxInTheBasement why are you people so dumb? Oh wait..I know. You’re a “college” guy, studying what? Business? Like every other dumbass that goes to college? You’re wrong about what you said. You really think he’s ONLY shopping at TJ maxx and retail stores? Have you heard of the internet? Now you have. Next, google something called “wholesalers”. WOW! Holy shit! You can buy items in bulk from licensed wholesalers and have it shipped right to your door! Crazy! Fucking idiot.
Oma has it. He’s still inside of the store waiting for someone to purchase the item.
I have a friend from middle school (we’re adults now) that does this he averages 8k-10k a month in Amazon product sales.
Zimbabwean dollars, maybe.
Looks just like the guy outside my local tj maxx holding a sign that says “god bless”
😂
I shop Amazon a lot. I’ve noticed that Amazon has lowered prices on a lot of items sold and shipped directly by Amazon. Plus, with Prime shipping is free. Amazon gets a percentage from third-party sellers.
I remember when Amazon actually gave you deals and it was cheaper to buy on Amazon.
This the reason everything is expensive.
Wrong
The reason everything is expensive is because of the nature of supply and demand, not because some dude on your phone goes to tj max and resells, dont get me wrong i hate this shit and see it everyday working retail, but it is not the reason everything is so expensive now
@@cameronbrown367 oh
@@cameronbrown367 maybe, but it is the reason stuff is so expensive online. You can't tell me thousands of people across the nation doing this at stores like TJ Maxx don't affect supply and demand
And it's not inflation
You should keep the tjmax sticker on the box too
I would return it if I saw that.
No it should be taken off
😂😂😂😂😂😂
I’m dead🤣
How do you get around the trademark violation? Do you already have a resellers agreement with TJ Max or the items manufacturer? I have seen a ton of friends get cease and desist letters
That they don’t need to follow. You can sell anything that you bought legally to another party. Trademark violations only matter if you’re trying to copy a product.
see yall keep doing this and amazon gone come for yall
In Germany, this store is called
TK maxx
This guy....no thnx...I'll go straight to TJ MAXX MYSELF!!!!!!
They probably add the delivery fee , in the price... A big FEE,..
I don't buy bigger ticket items from Amazon. I go to Walmart, Costco, and some other big box stores which I see are always busy. I use Amazon for little things I can't be bothered to shop for like computer supplies, cables, ink cartridges, razor foils and batteries.
Exactly because you know the merchandise is actually new and not some closeout junk or a return/open box that came from a discounters clearance rack. Most the clearance stuff at TJ Maxx has been manhandled, torn, missing parts, opened, returned multiple times, used, etc. I never buy anything of value from third party sellers on Amazon unless they have their own fully functioning, brick & mortar or online retail business I can confirm quality outside of Amazon.
If this was true, and you were making tons of money I don’t think you would tell us about it
Whenever I go into a store and scan the item it ALWAYS is cheaper on Amazon than the store EXCEPT few voluminous items that aren’t cost-effective for postal delivery.
Do you use seller's amp
What about shipping costs? Those are off the charts right now. Would cost 100 or more to ship that thing.
Nobody mentions 'match lowest price' goes down daily with competitors and your product never gets the top buy now spot
Is this why the dollar store is chronically out of shrimp flavored ramen noodles?
that’s the best one
Yes.
😂
😆 🤣 😂
Lmao FACTS!!
Zach Galafinakis and Michael Rappaport hybrid.
Bro taking advantage of the markup for last minute Christmas shoppers 😂
Not to mention the approval you'll need from Amazon to even be allowed to sell the product on their platform. Everything is gated when you start. Nobody talks about that
So you're saying I should shop at tj maxx instead of amazon
One day guys, we will actually buy something...I'm sure of it
Alternative title: how to Uber without a car
What do you mean? This is nothing like Uber haha
What he doesn’t mention is all the scams customers do. Amazon always sides with the customers and never the sellers. You end up losing in the end.
$1.5M in sales, $45k in profit?
After Amazon fees and postage. Then it’s ok
@@DD-dr4dn Amazon fees, postages, time, misc materials, vehicle maintenance, purchase price of the items, etc.
People like to say I had millions in sales without stating actual profit or expenses. Kind of misleading if you ask me.
After all the fees you're looking at 35% profits.
@@tony6796 under the best circumstances?
Still ripping people off well done
Tk maxx is litterally a shop that sells excess stock that the brand or previous retailer has struggled to sell online or instore at retail price.
Hope you have somewhere to store it for 18 months
He dont need to store when he let the items in the Shop and buy them when he got sells on Amazon.
Or Am I wrong?
@@antonmuller8940 yeah he needs to buy. Tk maxx turns stock over quick.
You wont last long or get a good rating selling stuff that titns out to be not avsilable because tk maxx sold out.
@@marvtintv2301 But he said at the beginning we should scan so many Products as Possible.
I dont think he Buy that crap he put it directly on Amazon.
When I need to Store that shit I would'nt do it.
@@antonmuller8940 and then it sells on anazon a week later and he goes to tk maxx to buy it and its gone?
No he doesnt do that. And that would the flimsiest most time consuming and unreliable business model.
Say he puts ten of one item on amazon. Sells one a week. Has to go back to tx maxx every time. And thats just one item, so every time he sells any item he has to go back to whatever store he scanned it in. Just hoping its still available.
If you get things like fragrances, the shipping would be way cheaper and you could sell them on eBay or Amazon. I recently got a Versace Bright Crystal gift set from TJ Maxx for $64, that includes a 100 ml tube of lotion and one of shower gel, a ten ml travel bottle of the perfume and a 90 ml bottle of the perfume. They had the 50 ml bottle in the case too, for $60! Also the red price stickers mean it's marked down, at least at TJ Maxx.
I've gotten ten ml travel fragrances for $10 or $20, for things like Valentino Voce Viva Intense and Donna Born in Roma, and Calvin Klein CK Every One and more. They sell those for $35+ at places like Sephora and Ulta.
The biggest issue here is that some of the items don’t sell immediately and you end up with a whole bunch of items that don’t sell for months it might even run out of storage
1.5 million in sales and can't even keep his phone charged.
So in this video you bought this item right then you shipped it to Amazon to be stored correct
What he isn’t telling you is the $20 plus he’s gonna spend in paying for the shipping. Since he is matching the lowest price that will include free shipping. So he is going to make maybe $40 profit at best. But with shipping prices and the item size is say more a $25-$35 profit which is still good for sure
How do you get around getting approved for every single item?
Step 1. Charge your phone! Giving me anxiety ova here 😅
😂
Sick people
Repeat 25,000 times and you’re good 😌
@SilentDiablo that would be drop shipping to Amazon FBA, and yeah it's way more profitable. But costs a lot more to get into, with $150 I can make $300 with FBA in a 10 day period. To dropship FBA you need probably $2k to start
Edit: just thought about also then you have to rank your listing, get amazon to actually try to sell it. with retail arbitrage you can find products that the manufacturer is marketing for you, and it's a very fast and simply process. If you hit under the 100k ranking, you're pretty much promised to sell your item in 30 days at lowest price match
@@DaltonCollinsonthanks for the info. I'm trying Amazon FBA right now. Would I have to buy items for example on AliBaba and ship them to my house then send to Amazon or can I send them straight there?
How to drop ship fba I have the money 2k how do I learn more
Step 4 restock the item when they send it back because the wheel didn’t turn perfectly or the color isn’t what they thought. The number of returns on Amazon is staggering.
One of my friends does stuff kinda like this. He has several buildings full of stuff... and an amazing memory of where everything came from and how much he paid. He also keeps some stuff for 10 years before it sells.
Saw that at our local home Depot lookalike. Now I go to the store first and then Amazon.
That’s why I never find anything worth buying at these stores. Turns out people like you wipe them clean. We just can’t get a break, can we?!
You work real hard. That phone battery proves it 😂
This is why I will never give Amazon any of my money.
This guy doesn’t have the makings of a varsity athlete.
🤣🤣🤣
Ummm, he is much older than varsity age, more like barsity beer belly...
Sounds like a winner. So far the haters can't bring up a valid counter point.
He still has to sell it
Here’s one… As of today November22, 2002. The price to ship that via USPS, UPS, or FedEx would be somewhere near $60. What a waste of time. And then you don’t even get into cash flow, handling costs, your time, and taxes.
Did u get dropped alot as a child
Camp out in TJ Max until you sell it, then buy it😂
This man knew he was going to make a video and didnt even charge his phone
That's why every store is empty. Thanks for the inconvenience fee.
He's a liar.
No this guy just sold me a bridge last week, he’s legit!
and that’s why your broke
Stop hating on ppl cuz ur over here listening to church music lmao
@@bryanf367 🤣🤣 yea imagine hating
@@py2561 lol, old joke revitalized,! Great. usage of sarcssm.
Instructions unclear I took out a loan and now I owe 2.5 million dollars
I just love people who make me pay more for things then I already need to in this economy…
Show us proof
Fine and dandy if you can find a buyer.
Plot twist: this guy is the manager of this TJ Maxx!
Lol...amazing!
I knew this yrs ago, I don't purchase much on Amazon
You're belly grows with your sales lol
You're=you are. Your grammar is shit.
If he paid $750,000 for the purchases and made 70% profit that is $562,000.
Not bad.
But you say a lot of work.
We work 40 hrs a week and make far less per hour.
Exactly why I rarely buy on Amazon anymore. Almost always find same items cheaper on other sites
You, I like because you actually showed how to use the store's scanners.
They are in the junk shop at that price for a reason. Also, postage be like WHAT!!
Why would he share his success secrets if they truly worked?
Why wouldn't he?
@@danielaraujo7340 read up on game theory
This only works IF the item sells. If it doesn’t, you just ate the cost of that item.
STEP FIVE..RIP PEOPLE OFF..
How?
@@tuckerbearden01 YOU HAVE NO HOPE..
@duannehohn3118 lmao 🤣 yea cause I started in a thrift store with a few dollars and now own multiple businesses... ohhh nooo 🤣 gfto loser
@@duannehohn3118 broke ass losers that don't know how to make money have no hope... that's you btw
@@tuckerbearden01 AAAH..A TROLL FOR MY ENJOYMENT AND TRUTH BOMB FODDER..LOL
I OWN MY BUSINESS, HOME, 3 VEHICLES, HOME STUDIO, AND $10, 000 IN TOOLS, WITH A BILLIONAIRE AND MILLIONAIRE CLINT LIST. SIT DOWN AND SHUT UP BEFORE I DISMANTLE YOU PUBLICLY, IDIOT.
Amazon is looting
This will come back harder than he can ever imagine…live while you can
Now I KNOW I'm not shopping on Amazon!!!
That's what I was thinking why would I pay more...I guess there's people out there that just buy everything and get ripped off
Okay Karen.
Tk max, why isit TJ Max over thete
America only has tj maxx
Better hope the manufacturer doesnt get Amazon to kick you off the site for undercutting them on price for their own goods. Yes they really do that
this is another reason I dont buy from anything that isn't "sold" or "shipped" by amazon.
How many stores have you been kicked out of Lol
Never show you the cut video store personnel kick him out
It’s no easy at all! You need Amazon permission to sell almost every single brand in the world … you need money to buy your stock … you need to spend money on PPC ads asf to get sales …. The easiest thing is to try to fool people selling stupid courses 🤣🤣