5 BEST Items To Sell On Amazon To Make HUGE Profits (Secrets Revealed)
Published on: November 30 2022 by Carter Maxwell
5 BEST Items To Sell On Amazon To Make HUGE Profits (Secrets Revealed)
Table of Contents
5 BEST Items To Sell On Amazon To Make HUGE Profits (Secrets Revealed)
startTime | durationTime | text |
00:00:00 | 00:00:04 | what's up everyone Carter Maxwell here |
00:00:02 | 00:00:07 | and in this video I'll be going over the |
00:00:04 | 00:00:10 | five best items to sell on Amazon to |
00:00:07 | 00:00:12 | make huge profits so a few months ago I |
00:00:10 | 00:00:14 | posted a video on my youtube channel |
00:00:12 | 00:00:16 | about the best item to sell on eBay and |
00:00:14 | 00:00:19 | since then it's actually been the most |
00:00:16 | 00:00:21 | popular video on my channel so I thought |
00:00:19 | 00:00:24 | I'd make a similar video except for |
00:00:21 | 00:00:26 | Amazon on the five best items to sell so |
00:00:24 | 00:00:28 | throughout this video I'll go over what |
00:00:26 | 00:00:30 | items that you should be selling where |
00:00:28 | 00:00:32 | you can actually source these items if V |
00:00:30 | 00:00:35 | garage sales book sales thrift stores |
00:00:32 | 00:00:36 | and/or what price ranges that you should |
00:00:35 | 00:00:39 | be looking for to purchase this |
00:00:36 | 00:00:40 | inventory so let's get right into it the |
00:00:39 | 00:00:43 | first item that you should be looking |
00:00:40 | 00:00:45 | for our electronics new or used the |
00:00:43 | 00:00:47 | reason I really like selling electronics |
00:00:45 | 00:00:49 | is because the margins are absolutely |
00:00:47 | 00:00:52 | insane you can consistently go to |
00:00:49 | 00:00:55 | Goodwill's savers mom-and-pop thrift |
00:00:52 | 00:00:56 | shops garage sales and find these use |
00:00:55 | 00:00:59 | electronics that are often undervalued |
00:00:56 | 00:01:01 | anywhere from five to fifteen dollars |
00:00:59 | 00:01:03 | for the buy cost and depending on how |
00:01:01 | 00:01:05 | rare or how what the demand is for that |
00:01:03 | 00:01:07 | electron you can get anywhere from a |
00:01:05 | 00:01:08 | hundred to three hundred dollars for |
00:01:07 | 00:01:10 | that electronic so some of the |
00:01:08 | 00:01:13 | electronics that you should be looking |
00:01:10 | 00:01:17 | for when purchasing or electronics like |
00:01:13 | 00:01:21 | DVD changers DVD players CD changers |
00:01:17 | 00:01:22 | VCRs Wiis xbox Playstations those are |
00:01:21 | 00:01:24 | the things that you should be looking |
00:01:22 | 00:01:26 | for and I mean you can find them all day |
00:01:24 | 00:01:28 | long thrift stores because people are |
00:01:26 | 00:01:30 | donating them or even Echo rod chills |
00:01:28 | 00:01:32 | maybe just parents are trying to get rid |
00:01:30 | 00:01:33 | of their son's old video game or video |
00:01:32 | 00:01:35 | game collection that gives you the |
00:01:33 | 00:01:37 | opportunity the reseller to go and offer |
00:01:35 | 00:01:38 | them a price and see if you can get it |
00:01:37 | 00:01:41 | for a good bargain and then flip it for |
00:01:38 | 00:01:43 | over a hundred two hundred dollars now |
00:01:41 | 00:01:45 | they're the only real disadvantage I can |
00:01:43 | 00:01:47 | think of selling electronics is they |
00:01:45 | 00:01:49 | eventually you're gonna get some returns |
00:01:47 | 00:01:51 | you saw enough electronics eventually |
00:01:49 | 00:01:53 | you're gonna run into a customer who |
00:01:51 | 00:01:54 | either doesn't like that electronic and |
00:01:53 | 00:01:56 | make sure before you purchase |
00:01:54 | 00:01:58 | electronics from a garage sale or |
00:01:56 | 00:01:59 | purchase them from a thrift store make |
00:01:58 | 00:02:01 | sure you test them make sure you test |
00:01:59 | 00:02:03 | everything to make sure it works because |
00:02:01 | 00:02:04 | the worst thing you can do is to go and |
00:02:03 | 00:02:06 | purchase that electronics send it up to |
00:02:04 | 00:02:08 | the warehouse once it sells and your |
00:02:06 | 00:02:09 | customer receives it they find out that |
00:02:08 | 00:02:11 | there's something wrong with it it's |
00:02:09 | 00:02:13 | faulty then you get hit with that return |
00:02:11 | 00:02:13 | so make sure you test all electronics |
00:02:13 | 00:02:15 | before |
00:02:13 | 00:02:17 | purchasing now the second item that you |
00:02:15 | 00:02:20 | should be trying to source our books now |
00:02:17 | 00:02:22 | books are a great item to source I know |
00:02:20 | 00:02:24 | tons and tons of people including myself |
00:02:22 | 00:02:26 | that the majority of their inventory are |
00:02:24 | 00:02:28 | books because they're just so easy to |
00:02:26 | 00:02:30 | purchase they're really really |
00:02:28 | 00:02:33 | undervalued and you can find them |
00:02:30 | 00:02:34 | anywhere book sales garage sales their |
00:02:33 | 00:02:37 | stores around your house around your |
00:02:34 | 00:02:38 | friend's house everyone has used books |
00:02:37 | 00:02:40 | that they no longer use they no longer |
00:02:38 | 00:02:42 | want and you can easily get them |
00:02:40 | 00:02:44 | anywhere from twenty five cents to two |
00:02:42 | 00:02:45 | dollars depending on where you're |
00:02:44 | 00:02:47 | purchasing them now when it comes to |
00:02:45 | 00:02:49 | selling books you need to be efficient |
00:02:47 | 00:02:51 | when it comes to actually sourcing them |
00:02:49 | 00:02:52 | for instance if you're going to a book |
00:02:51 | 00:02:55 | sale and there's other resellers there |
00:02:52 | 00:02:57 | and there's a thousand or two thousand |
00:02:55 | 00:02:58 | or five thousand books at this book sale |
00:02:57 | 00:03:00 | you need to make sure that you go into |
00:02:58 | 00:03:02 | the most profitable categories first and |
00:03:00 | 00:03:04 | no that's not the fiction books the |
00:03:02 | 00:03:06 | Harry Potter books the Diary of a Wimpy |
00:03:04 | 00:03:08 | Kid books are not worth money there's |
00:03:06 | 00:03:10 | way too many copies of it and it's gonna |
00:03:08 | 00:03:12 | be super saturated and the prices are |
00:03:10 | 00:03:14 | not you're not gonna be able to make any |
00:03:12 | 00:03:15 | money selling books like that that's why |
00:03:14 | 00:03:18 | I highly recommend you go for the |
00:03:15 | 00:03:21 | nonfiction books first the self-help the |
00:03:18 | 00:03:23 | education the tiknology the business |
00:03:21 | 00:03:25 | the foreign books the Spanish books |
00:03:23 | 00:03:26 | those books are gonna be worth a lot |
00:03:25 | 00:03:28 | more money you're gonna be able to fetch |
00:03:26 | 00:03:30 | a higher price on Amazon for them now |
00:03:28 | 00:03:32 | there are a lot of advantages when it |
00:03:30 | 00:03:34 | comes to selling books on Amazon the |
00:03:32 | 00:03:37 | first advantage being they're extremely |
00:03:34 | 00:03:38 | cheap the purchase now depending on |
00:03:37 | 00:03:39 | where you're purchasing them you can get |
00:03:38 | 00:03:41 | them anywhere from twenty five cents to |
00:03:39 | 00:03:44 | two dollars I mean if you go to a book |
00:03:41 | 00:03:45 | sale and I have a fill a bag sale maybe |
00:03:44 | 00:03:47 | where you can fill a bag up for five |
00:03:45 | 00:03:49 | bucks or maybe if you purchased a large |
00:03:47 | 00:03:51 | quantity you can also possibly get a |
00:03:49 | 00:03:54 | discount per book depending on how many |
00:03:51 | 00:03:56 | you're ordering also they're extremely |
00:03:54 | 00:03:58 | extremely cheap to store at the Amazon |
00:03:56 | 00:04:00 | warehouse I know everyone wants to buy a |
00:03:58 | 00:04:01 | book and wants to sell within a month |
00:04:00 | 00:04:03 | two months well actually honestly it |
00:04:01 | 00:04:05 | doesn't matter how long it takes you to |
00:04:03 | 00:04:06 | sell that book as long as it sells I |
00:04:05 | 00:04:09 | mean if you have a book that you're |
00:04:06 | 00:04:10 | buying for a dollar and you're trying to |
00:04:09 | 00:04:13 | sell it for fifty dollars but obviously |
00:04:10 | 00:04:15 | it's a higher price book it sells a lot |
00:04:13 | 00:04:17 | less often even if it takes you a full |
00:04:15 | 00:04:19 | year to sell that book the storage fees |
00:04:17 | 00:04:22 | are literally for a small paperback like |
00:04:19 | 00:04:24 | four or five cents per month so if you |
00:04:22 | 00:04:25 | have a small paper Becky but for a |
00:04:24 | 00:04:27 | dollar it's costing you four or five |
00:04:25 | 00:04:29 | cents per month to |
00:04:27 | 00:04:31 | or that book and Amazon it takes you a |
00:04:29 | 00:04:33 | year to sell I mean that's way under $1 |
00:04:31 | 00:04:36 | the fees for that is basically nothing |
00:04:33 | 00:04:37 | so if you can just keep adding books to |
00:04:36 | 00:04:39 | your inventory pricing them |
00:04:37 | 00:04:40 | competitively you're gonna be able to |
00:04:39 | 00:04:43 | sell and make a lot of money selling |
00:04:40 | 00:04:44 | books so the third best item that you |
00:04:43 | 00:04:46 | should be looking for are video games |
00:04:44 | 00:04:48 | now when it comes to sourcing these |
00:04:46 | 00:04:50 | video games I personally think that |
00:04:48 | 00:04:52 | garage sales are where you're gonna be |
00:04:50 | 00:04:54 | able to find the best deals and the |
00:04:52 | 00:04:56 | homeruns because the best scenario is |
00:04:54 | 00:04:58 | just some older parents that their son |
00:04:56 | 00:05:00 | has already moved out of the house and |
00:04:58 | 00:05:02 | they're just looking to get rid of his |
00:05:00 | 00:05:05 | old video games this Xbox or Playstation |
00:05:02 | 00:05:06 | is Nintendo his Nintendo games that's |
00:05:05 | 00:05:08 | where you're gonna be able to make the |
00:05:06 | 00:05:10 | really big money where you going to go |
00:05:08 | 00:05:12 | to this house and they have ten of these |
00:05:10 | 00:05:14 | Nintendo 64 cartridges and you're just |
00:05:12 | 00:05:16 | sitting there like how much do you want |
00:05:14 | 00:05:17 | per cartridge and like a dollar two |
00:05:16 | 00:05:19 | dollars and you're just like okay I'll |
00:05:17 | 00:05:21 | take all of them because those rare and |
00:05:19 | 00:05:23 | unique video games people are always |
00:05:21 | 00:05:25 | looking to purchase tamiya be able to |
00:05:23 | 00:05:28 | get really high margins selling them |
00:05:25 | 00:05:30 | back on Amazon now you can still make a |
00:05:28 | 00:05:32 | lot of money buying video games from |
00:05:30 | 00:05:33 | thrift stores and stuff like that |
00:05:32 | 00:05:34 | although some of them have gotten a |
00:05:33 | 00:05:36 | little bit smarter and their prices are |
00:05:34 | 00:05:38 | a little bit higher anywhere from three |
00:05:36 | 00:05:39 | to four dollars per video game but I |
00:05:38 | 00:05:42 | mean depending on what you're selling it |
00:05:39 | 00:05:44 | for if it be for $20 plus buying it for |
00:05:42 | 00:05:46 | three dollars is a no-brainer the fourth |
00:05:44 | 00:05:48 | best thing to sell on Amazon are gonna |
00:05:46 | 00:05:50 | be those random items the items that you |
00:05:48 | 00:05:53 | do not see often the items that you're |
00:05:50 | 00:05:55 | not gonna find at every garage so you're |
00:05:53 | 00:05:57 | not gonna find at every thrift store the |
00:05:55 | 00:05:59 | items like a Polaroid camera when time |
00:05:57 | 00:06:01 | went to a garage sale found a really |
00:05:59 | 00:06:03 | nice like new condition Polaroid camera |
00:06:01 | 00:06:05 | that it picked up for $7 ended up |
00:06:03 | 00:06:06 | selling it for about a month later for |
00:06:05 | 00:06:08 | three hundred and fifty dollars on |
00:06:06 | 00:06:10 | Amazon I mean just the stuff like the |
00:06:08 | 00:06:14 | household items gardening tools game |
00:06:10 | 00:06:17 | accessories household accessories |
00:06:14 | 00:06:19 | kitchen accessories item add-ons book |
00:06:17 | 00:06:20 | covers just all this different stuff |
00:06:19 | 00:06:23 | that you would never really think of |
00:06:20 | 00:06:25 | that you find just scan it see if it's |
00:06:23 | 00:06:26 | in an unguided category and see if you |
00:06:25 | 00:06:28 | can sell it and that's where you're |
00:06:26 | 00:06:30 | really gonna get the crazy margins |
00:06:28 | 00:06:32 | because guess what not everyone is gonna |
00:06:30 | 00:06:34 | go to a thrift store and find that exact |
00:06:32 | 00:06:35 | item there very very unique and |
00:06:34 | 00:06:38 | therefore you're gonna be able to fetch |
00:06:35 | 00:06:40 | a way higher price on Amazon for that |
00:06:38 | 00:06:41 | product so when it comes to sourcing |
00:06:40 | 00:06:43 | obviously |
00:06:41 | 00:06:44 | garage sales and thrift stores are gonna |
00:06:43 | 00:06:46 | be a great place to find some of these |
00:06:44 | 00:06:48 | random items but the great thing is that |
00:06:46 | 00:06:50 | once you find an item that not every |
00:06:48 | 00:06:52 | many people know about it's very unique |
00:06:50 | 00:06:54 | even you can actually make some really |
00:06:52 | 00:06:56 | good money selling it back on Amazon |
00:06:54 | 00:06:58 | it's just all about outsourcing it so if |
00:06:56 | 00:07:00 | you think that item might be around your |
00:06:58 | 00:07:01 | area going Craigslist go on offer up say |
00:07:00 | 00:07:03 | that you're wanting to purchase this |
00:07:01 | 00:07:05 | item or look for people that are maybe |
00:07:03 | 00:07:07 | already selling that certain item if it |
00:07:05 | 00:07:09 | be that polaroid camera or maybe that |
00:07:07 | 00:07:12 | really weird household accessory or you |
00:07:09 | 00:07:13 | can just go on a website like eBay and |
00:07:12 | 00:07:16 | see if anyone else is selling that |
00:07:13 | 00:07:17 | similar item for a lower price go in if |
00:07:16 | 00:07:19 | there's five people selling it lowball |
00:07:17 | 00:07:20 | all five of them and maybe one or two of |
00:07:19 | 00:07:22 | them will give you for that lowball |
00:07:20 | 00:07:24 | price order it to your house you create |
00:07:22 | 00:07:26 | your shipment you send it back to Amazon |
00:07:24 | 00:07:28 | eliminating going out and having the |
00:07:26 | 00:07:29 | drive to a garage home thrift store you |
00:07:28 | 00:07:31 | can just sit down every time someone |
00:07:29 | 00:07:33 | puts it in that price range on eBay you |
00:07:31 | 00:07:35 | purchase it and you know it's going to |
00:07:33 | 00:07:38 | be an easy easy sale and easy profit on |
00:07:35 | 00:07:40 | Amazon the fifth best item that you can |
00:07:38 | 00:07:42 | sell on Amazon are going to be your |
00:07:40 | 00:07:44 | daily sellers and what I mean by a daily |
00:07:42 | 00:07:46 | seller is basically a private label |
00:07:44 | 00:07:48 | product a product that you've already |
00:07:46 | 00:07:50 | sourced a generic product branded that |
00:07:48 | 00:07:52 | generic product with your company name |
00:07:50 | 00:07:54 | your company logo to then create a |
00:07:52 | 00:07:57 | listing and resell that product back on |
00:07:54 | 00:07:59 | Amazon for profit now the great thing I |
00:07:57 | 00:08:01 | like about private labeling is instead |
00:07:59 | 00:08:03 | of going and finding that one off book |
00:08:01 | 00:08:04 | that one off electronic purchasing it's |
00:08:03 | 00:08:06 | ending at the Amazon it's selling once |
00:08:04 | 00:08:09 | if you find a product that can show you |
00:08:06 | 00:08:12 | five units a day ten units twenty fifty |
00:08:09 | 00:08:13 | units a day you're set because you just |
00:08:12 | 00:08:15 | make sure that your product is in stok |
00:08:13 | 00:08:17 | and even if your products only making |
00:08:15 | 00:08:19 | you five dollars ten dollars profit per |
00:08:17 | 00:08:21 | unit if you're selling ten units a day |
00:08:19 | 00:08:23 | at ten dollars profit that's gonna be a |
00:08:21 | 00:08:24 | hundred dollars a day two thousand |
00:08:23 | 00:08:26 | dollars a month |
00:08:24 | 00:08:28 | thirty six thousand dollars a year so if |
00:08:26 | 00:08:30 | you can really take advantage of those |
00:08:28 | 00:08:33 | products that are consistently gonna |
00:08:30 | 00:08:34 | sell every single day of every single |
00:08:33 | 00:08:37 | month it's really gonna add up and make |
00:08:34 | 00:08:39 | you a lot of money now private label is |
00:08:37 | 00:08:41 | what I do full time on Amazon at the |
00:08:39 | 00:08:44 | moment as well as teaching and mentoring |
00:08:41 | 00:08:46 | other people as well in my course on how |
00:08:44 | 00:08:47 | to build a successful private label |
00:08:46 | 00:08:49 | business it's a great business model you |
00:08:47 | 00:08:50 | can do it full-time you can do it |
00:08:49 | 00:08:51 | part-time you can do it while you're |
00:08:50 | 00:08:53 | still in school which is what I'm doing |
00:08:51 | 00:08:54 | I mean I'm still in high school and I |
00:08:53 | 00:08:57 | can still |
00:08:54 | 00:08:59 | manage a 20,000 $25,000 plus sales |
00:08:57 | 00:09:00 | months as well as teaching others how to |
00:08:59 | 00:09:02 | as well so if you'd like to learn more |
00:09:00 | 00:09:03 | about that it's gonna be the first link |
00:09:02 | 00:09:06 | in the description of this video now |
00:09:03 | 00:09:08 | private labeling is what I do full-time |
00:09:06 | 00:09:10 | at the moment on Amazon as well as |
00:09:08 | 00:09:12 | teaching and mentoring students that are |
00:09:10 | 00:09:14 | enrolled in my private label course in |
00:09:12 | 00:09:16 | private labels just a great business |
00:09:14 | 00:09:18 | model because you can do it full-time |
00:09:16 | 00:09:19 | you can do it part-time even I'm in high |
00:09:18 | 00:09:21 | school and I'm still able to run my |
00:09:19 | 00:09:23 | private label business people are still |
00:09:21 | 00:09:25 | able to run their private label |
00:09:23 | 00:09:26 | businesses during Walter maybe if |
00:09:25 | 00:09:28 | they're in a full-time job or they're |
00:09:26 | 00:09:30 | still in school because you can be |
00:09:28 | 00:09:33 | selling items if you sell 50 items a day |
00:09:30 | 00:09:34 | Amazon does can fulfill all 50 of those |
00:09:33 | 00:09:37 | items for you just need to make sure you |
00:09:34 | 00:09:39 | have an optimized listing a competitive |
00:09:37 | 00:09:41 | product are able to compete with in your |
00:09:39 | 00:09:42 | market and make sales for that product |
00:09:41 | 00:09:44 | so that's just a quick little |
00:09:42 | 00:09:47 | run-through of the five best items to |
00:09:44 | 00:09:49 | sell on Amazon to make huge profits if |
00:09:47 | 00:09:51 | you guys are interested in learning a |
00:09:49 | 00:09:52 | little bit more about my private label |
00:09:51 | 00:09:54 | course and receiving my one-on-one |
00:09:52 | 00:09:56 | mentorship and guidance make sure you |
00:09:54 | 00:09:58 | click the first link in the description |
00:09:56 | 00:10:00 | of this video anyways that is it for |
00:09:58 | 00:10:03 | this video on the five best items to |
00:10:00 | 00:10:04 | sell on Amazon to make huge profits feel |
00:10:03 | 00:10:06 | free to comment below with any questions |
00:10:04 | 00:10:09 | and/or video ideas you would like to see |
00:10:06 | 00:10:11 | in the future also don't forget to like |
00:10:09 | 00:10:13 | and subscribe as I'm always giving away |
00:10:11 | 00:10:15 | different tips and tricks on how to make |
00:10:13 | 00:10:18 | money online and on that note I'll see |
00:10:15 | 00:10:18 | you guys next video |
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