Retail Arbitrage for Amazon FBA | This feels like stealing
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- Опубликовано: 27 авг 2024
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Heres the link to sign up for Payability. thanks for watching guys go.payability.com/Reezy
U hav changed my life bro wats ur snapchat or jus addme @jucktwinz
Reezy Resells Please explain why you would be restricted?
The best part I liked and is encouraging me is how his hustling and spending family time at the same time.
Yeah that's 'dope'
Wow! I didn’t know you homeschooled!
I just graduated from homeschool.
Definitely the way to go. Your daughter is going to be on such a next level, being homeschooled and being able to see her dad hustle so hard.
Same here!
My coworker was homeschooled and he’s weird as fk.
lol
Going to homeschool my daughter. She's 4. I think people are weird when homeschooled if their parents are weird in the first place. There's so many weird regular schooled kids because their parents are weird too. ;) Anyway I'm excited to homeschool and be free to travel with her
Home schooled kids are weird
Getting un-gated is the first huge step to take. After you aren’t so limited in products then the real game is on. Working on that now
LOL! How often do you hear a kid say, "I just want this one and the parent says, "NO you want them all!!" Too funny!
I think dad wanted to play too
Also save 5% off of everything with a target redcard! More profits for you! That 5% usually covers the tax you would pay for everything anyways.
If he has a resellers permit I don't think he pays taxes for every purchase
Let’s be real, Reezy is number 1 in this game, with his knowledge and expertise he is the OG
Many others much bigger that I look up
To myself but thanks ;)
Reezy Resells you’re too humble bro, you’ve inspired so many people!
I've been doing this since 2000.
@@nasawalker7594 I give you a chicken sandwich mr chicken sandwich
Thanks for the video. Your daughter pranking you was the absolute best part. She "got you good" lol
This was seriously the most useful piece of info as far as ungating goes. Thank you!
i had no clue selling frying pans on amazon would be great buy cheap from tjmax or marshalls and sell high wow
Be careful with heavy items. The shipping cost will eat a lot of those margins.
Jacob Roan right!!!!
Home Goods had some amazing pans on clearance too.
You have just helped my growth exponentially by showing the request approval section!!!! I never knew you could do it from your phone app >.
Have you been auto approved on 1 item yet?
Dude, you make money, you help people, and you home school !!!...But being from Missouri, we need to talk about your being a KU fan lol
Just wanted to say thank you for this video. I didn't realize that I could get ungated on a lot of stuff just by requesting approval. I tried it today and bam.... I can sell Nike shoes. Thanks a ton.
Way to give props to Ryan for hitting us with that Q4 Luv:) Thanks for all you continue to do BOSS!!!!
Thanks Bro
I just subscribed to ur channel. I just wanted to inform u that ur a great person, and I highly respect what u do. Bless u bro.
Thanks and welcome
you are SO close to 100k bro that is amazing your channel popped off!! wanna know why because you PUT IN THE WORK
That was so hilarious at the end... "I got a lot of stuff, good thing I brought my Prius"! lol Nice morning chuckle to start my day!
You should’ve bought those ninja turtles I flipped several sets of those and made around $50 net
Slippin - at the time, I checked eBay comps and they weren’t profitable
Awesome vid! Thanks for actually taking us with you and walking through everything with the app, etc. and showing step by step. Much appreciated!!!
Damn man your ungated in Nintendo?! Your a boss! Great video!
I like how you whisper despite legally grinding. Thanks for the inspiration man, this will be a great way for me to start another grind
Let me know if you’d like some chill beats for your videos, I’ll send you some royalty free
I'm just here for Luna's witty comments and pranks! 🤣 she's the star of the channel 🤣
Hahaha she is. Do you follow the family channel as well?
@@ReezyResells I haven't been but I will. I've just been consuming all your content the past week. Creating my Amazon account this up coming week. (Need to get a business ID Monday) and hit the ground running. Thanks for the inspiration!
Noticed those scans had 30+other FBA sellers - any worries there? I've heard to walk away from anything over 15 FBA sellers.
THats very bad advice, I’m thinking that’s some private label advice. Supply definitely affects price but if the demand is there there’s no reason to be scared
Reezy Resells thank you makes sense 👊🏼
"I just want this one..."
Its lab-o. I spend 75 dollars on that cardboard a few months ago for my sons birthday, he begged for it and then used it a few times and never again. I cant belive I paid that much for literally just cardboard, that broke within a few weeks lol. But flipping it is awesome!
👍👍👍👍👍
Thanks
i learned from u .
i am a new amazon seller.
but scared to invest big money with amazon
Saw the thumbnail in my related videos. As a Kansan and huge KU fan I only clicked on the video because I thought I saw a KU beanie. But I also learned how to resell stuff. Awesome videos!!
That’s amazing RCJH!!
Reezy You are skillful in the art of Hustle.
I just realized that I’ve been watching your videos for a few years and now understand that you looked familiar to me. I Grew up in Aptos, Watsonville, Santa Cruz. We came across in good Vibes. Awesome Stuff you produce. Stay Up
Rock Chalk! Just found you, watched a couple videos as I was interested in the topic, and enjoyed your approach. This morning, found this video and realized the why - love the stocking cap! Merry Christmas 2019, Reezy Resells!
He’ll yeah bro!! I’m in Kansas rn for holidays RCJH
Don't forget to mention, you have to request the approval in the mobile web site to request approval v using the app. For whatever reason, they haven't added the Request Approval for the app yet. Thanks for the great content!
Edit: Hah, covered at the end of the video :)
Aaron Smith great point... how do you get the Asin once you find a product to request approval?
@@chrysfuchsia3115 you can copy it once you've scanned the product. It's usually towards the bottom. Then copy/paste it into the seller app on the mobile site. Reezy mentioned it I believe. I
Just sell on ebay no approval needed just sell whatever you want. Put no returns on your ad so you dont gotta worry about that and only sell brand new items so theres no not as described complaints. Finally keep your recepts if the item doesnt sell return the item to the store get your money back and try flipping something else. Retail arbitrage should be a side job not your living income.
Unfortunately eBay doesn’t always bring the same return and it’s a lot more work. Why do you feel your correct in saying it shouldn’t be your full time job? If it works for someone and they like it, what does that have to do with you?
Keep on hustling bro! I really admire you being a young reseller myself! Thanks for all the knowledge & tips! All things good your way ✊️💰‼️
What app do you use to check?btw thanks for all the great content!
Nowadays SellerAMP selleramp.com/reezy
How are you shipping this stuff too the fulfillment center cheap enough where this works?
Amazon has a deal with the big carriers that allows you to ship very cheaply. I shipped a 20 lb package for like 13 bucks the other day.
I pay .19 per lb. All depends on where you live. .15 to .30 per lb
How did you get approved ? Most of these say you need a letter
And invoice ?
Notice that when he requests it the app says "based on past performance" when he asks. In other words, his track record is good enough that Amazon already trusts him.....
@@GomezBro Yeah and I'm sure the fact that nobody has ever seen this mystery Amazon seller account is a pure coincidence, lmao.
Wake up. this idiot is gated like everyone else and sells morons merch on YT and then tosses this crap to eBay.
Literally every single one of these purchases could be construed as a tax write-off for building his merch brand; he doesn't even need to sell them, this is a con to sell shirts and mugs. Period.
@@The_Eldest_Millenial the "based of past performance" showed up for me before I made a single sale. It's not fake lmfao. Although I agree that you have to actually sell to make a profit, but nintendo is easy to sell when you have the cheapest list price
I just paid $7 for one of those labo
I know they are on crazy clearance now since they are discontinued
I don't get selling via Amazon when you're getting good prices and markups. It seems more profitable to sell via your own store. Shopify is an option, but many other options are under $5 a month for unlimited items and NO RULES or waiting for anyone's approval. Buying google ads showing your awesome prices will put you on top quickly. I guess I just really despise venue rules.
Amazon has traffic, its pretty simple
Too funny. What this guy is doing, I did 20-30 years ago at Target, Toys R Us and Walmart. Things like SLU’s and Treasure Hunts. Buy a Treasure Hunt for a dollar and resell that night on eBay for $25. SLUs for $5, resell for $40 that night. I pulled 22 Treasure Hints out of one Target one morning. Made close the $500 reselling them. I should of wrote a book.
Sounds great, what are Treasure Hunts?
The certainty of getting sales is higher with this method but you would have to have a large amount of liquid capital invested to do this as your money would be tied up until the item sells. Used is harder to find but the margins are so much better and you don't need as much cash on hand to buy inventory. This doesn't seem like something that someone who isn't established could do. Seems like in order to pull $20,000 in profit out you would need at least $75,000 tied up in inventory all the time after you paid for the cost of goods and the fees. You would be forced to re-invest all your profit for a year or two to build up your buying capital before you could ever start taking any money out to pay yourself.
If you had $75K in NEW retail inventory, you should be profiting no less than $20K and then you have $95K and then you have $125K, then you have $160K and you could turn your capital 4-8x a year fairly easily meaning if you work hard that after one year you could double your capital and have an anual return of 100%, at which point you could take the $75K out and start all over or keep it in, RA is def expensive but it’s far more scalable, and takes less time to source and list
I bought 8,000 target and they said it was delivered but they found the empty boxes in the garbage
Thanks for the tip to get approval for selling restricted items
Congats! Less then 200 away from 100k subs! Congrats man!
Great video. Thanks a lot. My one important question for you is. Do you ship out yourself ? Or send to amazon fulfillment center using FBA ?
The answer is yes. He does both, just depends on the deal.
So the Target ap doesn't do price checks right in the store as the Walmart ap does? Didn't Target give you a hard time about quantities? And wasting time fiddling with the store WIFI? Unli mobile data is only $40 a month or less ... you can make that back in one trip. Thanks. Great videos man, I'm learning a lot!
Thanks for the tips. Are you from Kansas? I saw the KU hat.
7:28 that cackle is so funny
My biggest worry is buying all the stuff I find and then having a hard time getting it to sell on Amazon.
This is why you understand sales
Rank and how to read the data. I’m
Not guessing and I could return it if I had to
Hey I love your videos by the way. I do have a question. Do you send all that stuff into Amazon for them to fulfill or do you do it your self?
Yes we send it all to amazon
Most toys are restricted now, any tips for doing this? Seems like everything I find I'm not able to sell
As always short simple and to the point, thank you Awesomest Maximus.
Awesome video thanks. Now when you are calculating the profits. You are not including your cost of shipping to Amazon??
In another video he shows how he paid around 16 dollars to send like 20 pairs. So I will say is less than 1 dollar for shipping. Not sure about this....
Reezy - your content is packed with value. Thank you. What song was that at the end? Cheers
Thats actually me!! Here the whole album here soundcloud.app.goo.gl/nkHNYKNhygxEfdyo7
Hi, I have a question that is making me stress so I hope you can have an answer! the question is Do I have to have a higher profit that covers the purchase? For example I buy something for $5 plus tax and resell it for $25 PROFIT =19.65 LOCALLY or it doesn’t really matter unless I get a profit. Example: I buy something for $5 plus tax and resell it for $10 PROFIT =4.65$
Every time I try to request approval for a restricted item it wants me to submit purchase orders and photos
People who can do fba with these big brands are people who've had Amazon accounts for many years before brand restrictions came into place and were grandfathered in.
The only reason videos like this are made is to make ad revenue because the creators know almost nobody who watches the videos will be able to replicate what they're doing and compete against them on Amazon selling these brands.
@@ns3938 100% truth
Selling is so much easier if/when you have absolutely no attachment to stuff. View anything and everything as profitable items! Keep hustling brother!
What happened if your stuff doesn’t sell on Amazon ?
I started and now im on a temporary hiatus cuz of my job but i work at sams and we have MAJOR discounts on cancelled items and i was able to get my hands on 10 dollar hp ink that wete originally going for around 75 dollars and brought and sold all six within the month and got at least 200 in profit with the ink alone
Bro, those ninja turtle toys are practically limited and in high demand. Invest in those now at retail. That company has wave 2 of that line releasing later this year. Wave 1 will be discontinued, and the market value will skyrocket. In fact, they’re so high in demand that people are already paying above retail for those turtles due to spotty availability. Yo I can make at least $20 per boxset
Well buying everything blindly just because you are approved to sell on Amazon is not a good idea, Retail arbitrage is good until you don’t get caught for IP infringement or counterfeit items, Once you are caught which is very much a possibility, your life will be very short of Amazon, they are cracking hard on RA
Retail receipts will always save you from inauthentic claims
@@ReezyResells Hey Reezy..thanks for your response..Really appreciate it, I started selling on Amazon few months back..I already got two warnings..In both cases they asked me to submit the invoice from wholesale..In both cases they denied my receipt saying this is not valid..All they wanted to see was invoice from authorized supplier, I had to pull down all my listings from Amazon as all of them came from RA. What would you do in such a situation ? Any feedback will be highly appreciated.
You could be approved, doesn't mean you will be approved. No credit check only means no hard inquiry. Likely they can and will do a soft inquiry
Thanks for the comment
The fake chips 😂 Too Cute.
She’s obsessed with pranking me
Reezy Resells My girls always try to get me as well 😂
Dude, not sure what video it was but thanks for the tip on the Usps boxes, sent my first one out today!
Editing on point, man! Really fun watch. Packed with info. Real digestible length too. Thanks!
Thanks for the comment, appreciate you Chad
I bought all those Labos too and nobody bought them lmao, returned them back to Target
Crazy, sold mine
Good eye man, good haul. Thumbs up!
Congrats on 100k!!!!
hope you aren't in a state with sales tax and you got the tax exempt thinking you can use that to purchase product and keep the product you purchased with no sales tax because of your business reseller permit, this I discovered is apparently what they are saying, against the law. you have to pay sales tax if you decide to keep it for yourself pending on your local state laws for taxes of course.
Question from a noob, if you don't get approved to sell an item then what would your next step be? Would you use Ebay? I've only been selling for a few months exclusively through Ebay but have been looking more into Amazon.
Hello, Reezy is selling books on Amazon still working for you?
What other apps do you use other than Amazon to decide what to sell? I've seen these videos where they are just scanning with multiple apps.
This is the best channel on RUclips.
Thanks so much
I agree
Is it? ahh man that's awesome the best channel on RUclips is right here. good finding
Got new sub!! I am looking into starting this! Can’t wait to learn some more
Thanks for the reminder to request approval. I been jus puttin stuff back when I see restricted.
Great video Reezy. I just started watching your videos.
BOOK sale in Menlo this Friday. Check it out!!
Used Book Sale, this Friday, April 19th, 2-7 PM
at Ladera Community Church 3300 Alpine Rd., Menlo Park
All proceeds will benefit the literacy program, Project Read of San Mateo County
$.50 paperbacks
$1 hardbacks
$5 paper bag full
What if I asked for approval and asked for an invoice of 10 items sold to you how do I get approved?
ruclips.net/video/5CDLbk0BGI0/видео.html
Everyone should stay away from selling Linksys and Belkin. Belkin goes after Amazon seller's unless they are in their Authorized Reseller program, which they no longer approve Amazon seller's for. If you send it in, they will test buy your items and flag you with Amazon.. beware
I’m usually alright, especially w a small amount. There’s actually a decent pool of sellers on this listing so that’s how I knew it was ok
@@ReezyResells to those watching I would still beware, Belkin has a team that is dedicated to going after Amazon seller's since they won't provide their warranty for a product that wasn't purchased through an authorized seller.
@@captainblackjon just sell it on Ebay
How is VERO not in effect?
Sometimes you can only get one for customer.
Hey so when you do this, does Amazon just buy them from you directly or do you have to create a listing just for one item like the belkin charger?
Amazon has product pages, you list on them. No pictures, no description, nothing
@@ReezyResells so basically your stocking the Amazon shelves right? They have a product list...that there looking for and we fill it for them? I'm just trying to clarify for my self brochessy
target will kick u out if they see your cart like that lol
Wait so do u pay $40 to sell on amazon then that’s all and u can do what u are doing
FYI Belkin is on the list for common ip claims
Get in get out
Haven’t made anything until their sold.....
You’re a genius
eBay is cheaper to sell on than amazon because they charge a smaller fee
And they have less traffic
I tried applying for the belkin charging dock and it asked for a letter from belkin or an invoice from them, is this because I am a fairly new seller?
App is scoutify. Video was quite quick with that.
Believe me I was astonished to see people ask the question when I put the text on the screen...
Why not just buy direct from a wholesaler?
i spent whole day yesterday at Walmart to find clearance but can't find anything .
I heard Belkin will buy their stuff you sell on amazon from you and then accuse you of inauthentic item....
Hey nice vid but I have an important question. When you sell electronic products like the one in the video from Belkin don´t you worry about the manufacturer warranty? Because in Amazons condition guidelines it´s said that you may just sell products as new if the customer can use the manufacturer warranty (as I understand it). But can customers still use the manufacturer warranty if they bought the product from us as we don´t have an agreement with the manufacturer? Sorry for my bad english I am not an native speaker. I hope you understand my question though.
If your customer has an issue they will return it amazon and amazon will give them their money back and take it from you. You will then get the broken item back into inventory as unsellable and youbwill likely have to pay to have them
Ship it to you and maybe sell on another platform (for parts of its broken)
@@ReezyResells Hey thanks for the quick response! So it is no problem to sell products with a manufacturer warranty ?
Hahahahaa “MONEY!!! I knew what he was going to say” you’re training them young!
Hahah she’s so smart
Bro. You inspire me. Keep up the great content.
The price dropped on these and was worthless right around this time
what was app for that Amazon price check
Home schooling for business also. Great work!!!
Hi Reeze, what is the App d' y' use for scan products?
ruclips.net/video/-EnuhBd79fA/видео.html
Good content fam! Keep em coming!
Does anyone know when a product you scan shows $30 selling and you make $10 profit for example then a month later the low match price is like $14. Making the item you bought now not profitable. I've been seeing these price changes lately and it's screwing me.
This is what happens when you buy popular items, first in first out, that should be your goal, dont get left holding a bag
@@ReezyResells I see. Basically more people getting the item and dropping the price to get the sale and the people left holding it at high price get left holding the bag. I understand now.
Also, so it might be smart to under cut the lowest price off the bat when listing to try and get your product to move then right?
Like the new style of video... Very edgy.
Thanks Steve
Hello rezzy can you help
What app you use for scanner that give price and all information
ruclips.net/video/-EnuhBd79fA/видео.html
So I totally get what you did and I am beginning to understand this much more but the part I am missing is how you determine exactly what to sell each item for in Amazon? I always see the pricing all over the board, some really low with high shipping, some really high with no shipping, and then you mentioned you made over $100 profit but of course you don't make that unless you sell them all of course.
Price near the lowest if you want to make the next sale or hold out