45 Ways to Buy Low & Sell High with Retail Arbitrage

in #retail8 years ago
  1. Gamestop – Pick up cheap, but popular, games to resell on Craigslist or eBay
  2. Going out of business sales – big stuff can be flipped locally, small stuff can go to Amazon
  3. Clearance Racks – oh, how I love a clearance rack…
  4. Garage sales
  5. Thrift stores – go on the tag sale days for crazy deals
  6. Craigslist – if you have nothing to do all day but stalk the Free section you can pick up some good stuff
  7. Auctions
  8. Flea markets – a lot of wholesalers work the flea market scene, you may be able to buy in bulk
  9. Dropshipping
  10. Wholesale companies
  11. Discount Bookstores – there is a huge market for books
  12. Scanner Monkey – you are so not going to want to share this site with anyone else
  13. Grocery store – there is a whole subset of sellers focusing on this Amazon category
  14. Retired direct sales consultants – they may not be able to sell that inventory on auction sites, but you can
  15. Classified Ads
  16. Estate Sales
  17. Libraries – they often give books away for pennies on the dollar, or give them away free
  18. Outlet Malls
  19. Mass Retailers – Walmart, Target, etc. (shop those sales & clearance racks)
  20. Your closets – we all have new stuff lying around somewhere that we bought as a gift we didn’t give, received as a gift we didn’t want or forgot we bought and purchased another. Sell it! And sell your gently used but unwanted items, too.
  21. Buy on eBay to sell on Amazon and vice versa
  22. Liquidation stores – these can be a little dirty, gross and have expired items on the shelves, shop smart. You can’t sell expired merchandise.
  23. Toy stores – evergreen not fad is the way to go here, scope out the clearance racks
  24. Deal Blogs – subscribe to the big blogs that post in-store and online deals like Hip2Save. They recently shared a score at JCP’s winter clearance sale. Some of those buys may have made for a great flip.
  25. Rummage sales
  26. IKEA – As Cynthia tells us in her post above, people can buy IKEA online but the shipping time is like three weeks. People would much rather pay a premium to get their goodies with free two-day Prime shipping.
  27. Walgreens and CVS holiday clearance
  28. Costco and Sam’s Club
  29. Dollar Tree
  30. Black Friday sales!
  31. Tuesday Morning – every FBA seller I have consulted loves this place. It’s regional so that’s a big plus for those who have one in the area. A lot of us don’t and maybe we want some of their stuff. 😉
  32. Woot! – This is actually an Amazon store offering one crazy markdown per day. Who knew? They even have a garage sale section!
  33. BigLots
  34. Hit up the GottaDeal.com and SlickDeals forums. Keep in mind a lot of other sellers are probably in there, too. The offline bargains may be where the real deals are.
  35. Ebates – If you are shopping online, you have to sign up. I’ve already made over $1,200 with this program. That’s nothing to sneeze at.
  36. Grocery loyalty programs – next you need to start signing up for loyalty programs at stores you frequent. This often gives you access to additional price breaks and other perks. Some of my favorites:
  37. Staples Rewards – electronics are always a popular item to flip
  38. Walgreens and CVS Rewards – usually cash towards your next purchase after spending a certain amount, also special discounts on sale items
  39. Capital One No Hassle Rewards – You need a credit card or debit card on file at Amazon anyway, and if you are disciplined in your payments why not use it to make inventory purchases for the rewards? Credit Karma recently told me this was the card that would give me the most rewards based on my spending habits – approximately $150 per year. I can pick up $150 bills all day long.
  40. Best Buy Reward Zone
  41. Save 5% and get Free Shipping at Target – Apply for a REDcard
  42. JCP Rewards – $10 reward whenever you spend $100 in a calendar month
  43. Gap Rewards – 10 percent off every Tuesday in stores and on Gap.com, OldNavy.com, and Piperlime.com. Spend $1 in stores or online and get five points. Earn at Gap and all its sister companies: Athleta.com, Banana Republic, Old Navy, and Piperlime.com. For Gap and Banana Republic cards, earn a $10 reward certificate every time you accumulate 1,000 points. For Old Navy cards, earn $5 in rewards when you rack up 500 points. Combine this with the savings outlined in How to Shop for Free for some big savings.
  44. Tuesday Morning Perks
  45. RetailMeNot – always check for a coupon code before placing an online order
    Buy discounted gift cards through a reputable site like Raise.com or Cardpool to save even more on purchases.
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