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Retail Arbitrage At Walmart | How I Made $500 In One Day On Amazon

Published on: November 30 2022 by Carter Maxwell

Retail Arbitrage At Walmart | How I Made $500 In One Day On Amazon

Retail Arbitrage At Walmart | How I Made $500 In One Day On Amazon

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00:00:00 00:00:03 what's up everyone carter here and with
00:00:02 00:00:05 me is the
00:00:03 00:00:06 financial with i'm sure many of you know
00:00:05 00:00:07 who he
00:00:06 00:00:09 is but essentially today we're going to
00:00:07 00:00:11 tok about retail arbitrage at walmart
00:00:09 00:00:13 and we're actually going to break down
00:00:11 00:00:15 william's first day
00:00:13 00:00:16 selling products on amazon so william
00:00:15 00:00:18 you want to tok a little bit more about
00:00:16 00:00:19 what you sold where you found
00:00:18 00:00:22 just a little bit more information about
00:00:19 00:00:24 it yeah so as carter mentioned literally
00:00:22 00:00:26 yesterday i had no idea what amazon
00:00:24 00:00:28 was i don't really know much about it
00:00:26 00:00:30 whatsoever and i made 500
00:00:28 00:00:32 in revenue my first day buying some
00:00:30 00:00:35 weight sets so pretty much what we did
00:00:32 00:00:37 is once carter landed came to wisconsin
00:00:35 00:00:38 we went straight to a walmart
00:00:37 00:00:40 and once we walked inside carter told me
00:00:38 00:00:42 hey there's uh three of these weight
00:00:40 00:00:43 sets available that are selling for a
00:00:42 00:00:45 profit on amazon
00:00:43 00:00:47 so we went inside we bought three weight
00:00:45 00:00:49 sets for 97
00:00:47 00:00:51 each and then we resold them on amazon
00:00:49 00:00:52 for a very very nice profit yeah do you
00:00:51 00:00:54 want to show them the screenshot yeah so
00:00:52 00:00:56 i can go ahead and pull it up
00:00:54 00:00:58 on my phone i believe the total was
00:00:56 00:01:01 about
00:00:58 00:01:02 566 dollars not sure if you guys can see
00:01:01 00:01:04 that right there but
00:01:02 00:01:06 uh crazy profit on that yeah so this was
00:01:04 00:01:08 a great find i posted this in my selling
00:01:06 00:01:10 fastlane discord community as well so
00:01:08 00:01:13 essentially the retail price is 97
00:01:10 00:01:15 including tasks comes out to about 105.
00:01:13 00:01:16 had a decent sales rank in sports and
00:01:15 00:01:18 outdoors one of the best things
00:01:16 00:01:19 is it's an ungated category for a
00:01:18 00:01:21 beginner so it was
00:01:19 00:01:23 william's first day he's not ungated in
00:01:21 00:01:24 any categories but he can sell in sports
00:01:23 00:01:26 and outdoors so
00:01:24 00:01:28 we picked up all three that they had at
00:01:26 00:01:29 that location they were pretty heavy how
00:01:28 00:01:31 were they yeah i think they were like
00:01:29 00:01:33 115 pounds
00:01:31 00:01:34 definitely rough to get those in the
00:01:33 00:01:37 cart but obviously like
00:01:34 00:01:38 we're making like 40 50 bucks on every
00:01:37 00:01:41 single one like after
00:01:38 00:01:42 all expenses so i mean for 40 50 bucks
00:01:41 00:01:44 i'll carry around something heavy for
00:01:42 00:01:45 like 10 minutes
00:01:44 00:01:46 yeah so i kind of break down the cost a
00:01:45 00:01:47 little bit because i think a lot of
00:01:46 00:01:48 people
00:01:47 00:01:51 sometimes they you know they stay away
00:01:48 00:01:53 from the bigger oversized heavy items
00:01:51 00:01:54 um but often you know they're still very
00:01:53 00:01:56 very profitable if you
00:01:54 00:01:57 get them for the right price and sell
00:01:56 00:01:58 them for the right price so i think we
00:01:57 00:02:00 sold
00:01:58 00:02:01 we so we purchased three units at the
00:02:00 00:02:04 store um
00:02:01 00:02:05 yesterday now um actually two days ago
00:02:04 00:02:07 so wednesday
00:02:05 00:02:09 he picked me up from the airport we hit
00:02:07 00:02:09 the first walmart we picked up three
00:02:09 00:02:12 units
00:02:09 00:02:13 thursday night he ended up selling two
00:02:12 00:02:15 yeah off the weight sets for i think it
00:02:13 00:02:18 was 283 dollars a piece yeah
00:02:15 00:02:19 just over 280 bucks and then uh do you
00:02:18 00:02:21 want to go into shipping and stuff like
00:02:19 00:02:23 that yeah so after um so we sold around
00:02:21 00:02:24 280 he sold for 283
00:02:23 00:02:27 um after fees and everything we were
00:02:24 00:02:28 left with it was like 134
00:02:27 00:02:31 or so and how much did it cost to ship
00:02:28 00:02:33 each unit yeah i believe after shipping
00:02:31 00:02:35 uh i think shipping was around 80 to 90
00:02:33 00:02:36 bucks for each product so that left us
00:02:35 00:02:38 with about 40
00:02:36 00:02:40 in profit and just you guys know i
00:02:38 00:02:42 wasn't shipping to like the next state
00:02:40 00:02:43 over i was shipping like halfway across
00:02:42 00:02:45 the country i believe
00:02:43 00:02:47 one customer was from new jersey one was
00:02:45 00:02:49 from florida and i live in wisconsin so
00:02:47 00:02:52 um that's you know pretty long ways to
00:02:49 00:02:53 ship something 115 pounds and it still
00:02:52 00:02:55 wasn't too bad and left us with some
00:02:53 00:02:56 profit yes i mean we were shipping them
00:02:55 00:02:58 some pretty far shipping zones i think
00:02:56 00:03:00 one was 85
00:02:58 00:03:02 total the other one was 90 ups grounds
00:03:00 00:03:04 so i think after shipping and fees
00:03:02 00:03:06 um on average we made fifty dollars per
00:03:04 00:03:08 unit off of our 105 dollar buy cost so
00:03:06 00:03:10 just a really really great profit margin
00:03:08 00:03:11 and the reason i want to bring this up
00:03:10 00:03:13 is because there's there's opportunity
00:03:11 00:03:14 everywhere i know a lot of you
00:03:13 00:03:16 you know probably interested in the
00:03:14 00:03:17 retail arbitrage business model it's
00:03:16 00:03:19 definitely something that
00:03:17 00:03:21 i wanted to introduce to williams so he
00:03:19 00:03:21 could get some more experience with it
00:03:21 00:03:23 and just learn
00:03:21 00:03:25 you know a little bit more about it yeah
00:03:23 00:03:28 absolutely it's it's a really great
00:03:25 00:03:29 thing to get into i'm super happy carter
00:03:28 00:03:31 told me all about it so
00:03:29 00:03:33 um yeah and it's crazy we literally
00:03:31 00:03:35 bought three of these weight sets to
00:03:33 00:03:37 make a hundred fifty dollars in profit
00:03:35 00:03:39 so imagine if we hit up like a lot more
00:03:37 00:03:41 of those walmarts when it was trending
00:03:39 00:03:42 we would have made a lot a lot of money
00:03:41 00:03:44 so crazy
00:03:42 00:03:46 yeah and actually two days before the
00:03:44 00:03:48 trip i had a i sent him that
00:03:46 00:03:49 lead in that bolo and he had actually
00:03:48 00:03:52 there were um there was a store
00:03:49 00:03:54 right next to that had six in stok um
00:03:52 00:03:56 but by the time i ended up
00:03:54 00:03:58 landing in wisconsin um it was it was
00:03:56 00:03:59 sold out so we missed out on like six
00:03:58 00:04:00 units
00:03:59 00:04:02 um but it's all when it comes to retail
00:04:00 00:04:04 arbitrage especially like
00:04:02 00:04:06 bolo items you know leads that are very
00:04:04 00:04:07 very trendy very very popular
00:04:06 00:04:09 it's all about speed like right when you
00:04:07 00:04:10 find it you need to be able to test that
00:04:09 00:04:12 item you can buy a couple units
00:04:10 00:04:14 and if it sells well for a good enough
00:04:12 00:04:16 profit you need to buy as many
00:04:14 00:04:17 as you can and just like the other kind
00:04:16 00:04:18 of leads that i've had success with in
00:04:17 00:04:19 the past
00:04:18 00:04:21 you know before it gets really
00:04:19 00:04:22 competitive before the margins go down
00:04:21 00:04:24 because there's more competition
00:04:22 00:04:26 you know i'm immediately just trying to
00:04:24 00:04:28 get as many as we could but that was the
00:04:26 00:04:30 only store that had them in stok
00:04:28 00:04:31 but yeah really cool fine crazy yeah so
00:04:30 00:04:33 um
00:04:31 00:04:36 absolutely if you guys are new and
00:04:33 00:04:37 looking to get into amazon fba retail
00:04:36 00:04:39 arbitrage you're on the right channel he
00:04:37 00:04:41 definitely helped me a lot so
00:04:39 00:04:43 you know in the future this is a great
00:04:41 00:04:45 way to potentially make money
00:04:43 00:04:47 yeah so honestly will i mean it was your
00:04:45 00:04:48 first day selling on amazon we did a lot
00:04:47 00:04:50 of thrifting yesterday
00:04:48 00:04:51 um not too much retail arbitrage but
00:04:50 00:04:53 honestly for your first time
00:04:51 00:04:55 going into walmart you know scanning
00:04:53 00:04:57 some items um you know what's
00:04:55 00:04:58 one piece of advice that you'd like to
00:04:57 00:04:59 give to you know a beginner that's maybe
00:04:58 00:05:01 looking to start
00:04:59 00:05:03 you know sourcing a walmart or start
00:05:01 00:05:04 doing retail arbitrage yeah so
00:05:03 00:05:06 the one piece of advice i would
00:05:04 00:05:07 definitely give you guys is a lot of it
00:05:06 00:05:10 is just gonna come through
00:05:07 00:05:12 trial and error and experience so the
00:05:10 00:05:14 the main thing i would say is to find
00:05:12 00:05:14 people who are knowledgeable in amazon
00:05:14 00:05:16 fba
00:05:14 00:05:18 and who have done this for a long time
00:05:16 00:05:19 so you're in the right place you're
00:05:18 00:05:21 watching the right channel
00:05:19 00:05:22 um keep keep watching youtube videos
00:05:21 00:05:24 that's how i've learned like so many
00:05:22 00:05:26 different businesses that i've
00:05:24 00:05:27 done so yeah just be around the right
00:05:26 00:05:28 people
00:05:27 00:05:30 learn from people who've done this for a
00:05:28 00:05:31 while and yeah
00:05:30 00:05:33 carter's helped me a lot so to kind of
00:05:31 00:05:35 go on william's piece of advice
00:05:33 00:05:37 my piece of advice for beginner sellers
00:05:35 00:05:39 that maybe are struggling you know
00:05:37 00:05:39 finding other hot items like that weight
00:05:39 00:05:42 set
00:05:39 00:05:44 is to study your competition now the
00:05:42 00:05:46 best way to do this
00:05:44 00:05:47 is to study your competitors so what you
00:05:46 00:05:48 can do is on amazon you can basically
00:05:47 00:05:50 search up any problem
00:05:48 00:05:51 you can search up this book and let's
00:05:50 00:05:52 say there's 10 different people selling
00:05:51 00:05:54 this book
00:05:52 00:05:56 you can go into each seller's storefront
00:05:54 00:05:57 and you can see what other items they're
00:05:56 00:05:58 selling
00:05:57 00:06:00 so for instance if you looked up that
00:05:58 00:06:01 weight set there might be you know 20
00:06:00 00:06:03 people selling it
00:06:01 00:06:05 you can click into each of those sellers
00:06:03 00:06:07 storefronts and see what other products
00:06:05 00:06:09 they're trying to resell on amazon and
00:06:07 00:06:11 that's how i find majority of the items
00:06:09 00:06:13 um to purchase because if someone's
00:06:11 00:06:15 trying to profitably resell a weight set
00:06:13 00:06:16 from walmart on amazon
00:06:15 00:06:18 they're probably trying to potentially
00:06:16 00:06:20 or profitably resell
00:06:18 00:06:21 other items so it's just a great way to
00:06:20 00:06:23 you know find
00:06:21 00:06:24 other items to purchase at stores if
00:06:23 00:06:26 you're really struggling with product
00:06:24 00:06:28 research in your amazon
00:06:26 00:06:30 reselling business of course um william
00:06:28 00:06:32 just joined he's in my discord community
00:06:30 00:06:33 and i wanted to tok about that real
00:06:32 00:06:34 quick because essentially that's the
00:06:33 00:06:36 whole reason i created
00:06:34 00:06:37 um the selling fastlane discord
00:06:36 00:06:39 community i'll have a link below in the
00:06:37 00:06:40 description if you'd um like to check it
00:06:39 00:06:41 out and potentially join but i mean kind
00:06:40 00:06:43 of the whole reason i created that
00:06:41 00:06:44 community is so i could
00:06:43 00:06:46 you know help beginner sellers that
00:06:44 00:06:48 maybe struggle with product research or
00:06:46 00:06:49 i'm sure william probably had a million
00:06:48 00:06:51 questions when he first started
00:06:49 00:06:52 um but just kind of having that
00:06:51 00:06:54 community where you can you know tok to
00:06:52 00:06:54 other resellers get your questions
00:06:54 00:06:56 answered and
00:06:54 00:06:57 you know get access to all the leads
00:06:56 00:06:58 that i provide i think it's very very
00:06:57 00:07:00 beneficial so
00:06:58 00:07:01 if any of you are interested in that
00:07:00 00:07:02 i'll have a link below in the
00:07:01 00:07:02 description so you can definitely check
00:07:02 00:07:04 it out
00:07:02 00:07:06 anyways guys with that all being said i
00:07:04 00:07:08 hope you all enjoyed this one if you
00:07:06 00:07:09 found it valuable please be sure to give
00:07:08 00:07:11 it a like
00:07:09 00:07:12 also comment down below with any
00:07:11 00:07:15 questions for carter because you know
00:07:12 00:07:16 he's the amazon fba whiz and he'll
00:07:15 00:07:18 he'll be able to answer stuff for you
00:07:16 00:07:21 and also subscribe to the channel
00:07:18 00:07:24 and uh we'll see you in the next one
00:07:21 00:07:24 peace

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