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Last Week, I sourced (48) 10 Lb Olympic Plates
Most of which have already sold
Here’s the breakdown on this Flip
Thread
Most of which have already sold
Here’s the breakdown on this Flip
Thread
I sourced these plates at an Academy store
They have been limiting weights-per-person but I just walk in
Clear the shelf
And walk out every week without any trouble
They have been limiting weights-per-person but I just walk in
Clear the shelf
And walk out every week without any trouble
Each plate retails at $12.99
I use a 5% cash-back card but I won’t factor that in
I sell the items in pairs of 4
48 plates would make 12 orders
I use a 5% cash-back card but I won’t factor that in
I sell the items in pairs of 4
48 plates would make 12 orders
I’m using the “Fluff” method to sell these plates on eBay
Here’s a thread explaining the “Fluff” method https://twitter.com/fakesekou/status/1330180784779628549
Here’s a thread explaining the “Fluff” method https://twitter.com/fakesekou/status/1330180784779628549
I currently have the item listed at $107 but I plan to move it to at least $120 or more using the “Fluff” method
But for now, I’ll use the metrics I have
But for now, I’ll use the metrics I have
The cost of goods for each order is $52
$13 (retail price) x 4 (# of plates) = $52
I resell each order at $107
Shipping will cost $13.60
Potential Profit is $25+ each order
$25 x 12 = $300
$300 return on a $600” investment
Not too shabby
$13 (retail price) x 4 (# of plates) = $52
I resell each order at $107
Shipping will cost $13.60
Potential Profit is $25+ each order
$25 x 12 = $300
$300 return on a $600” investment
Not too shabby
Nowadays I don’t calculate profit 4 my 10 Lb Olympics becuz I’ve been selling them since July
The thing about Reselling is that once you’ve found a Profitable Item
You can continue to sell it for as long as it profitable
If the market value drops too low,
Just return it
The thing about Reselling is that once you’ve found a Profitable Item
You can continue to sell it for as long as it profitable
If the market value drops too low,
Just return it
The key to growing a thriving reselling business is to consistently find new products to flip
So even if older products die off, they are easily replaced by the newer Profitable Items
But how do you go about finding those Profitable Items?
I outsource the work...
So even if older products die off, they are easily replaced by the newer Profitable Items
But how do you go about finding those Profitable Items?
I outsource the work...
I pay a monthly subscription for a list of Profitable Items that updates daily
The subscription also comes with:
- Courses on shipping, online tools, etc
- Weekly webinars to keep you up to date on what’s going down
- An active community filled with helpful admins
The subscription also comes with:
- Courses on shipping, online tools, etc
- Weekly webinars to keep you up to date on what’s going down
- An active community filled with helpful admins
Gotta thank @CoachJoeHart for giving me the opportunity to write my own checks
If you’re interested in doing the same, here’s the link to join
If you ever have any questions about anything Reselling,
I’ll be happy to answer them in my DMs
[Affiliate] https://bit.ly/31RYCFQ
If you’re interested in doing the same, here’s the link to join
If you ever have any questions about anything Reselling,
I’ll be happy to answer them in my DMs
[Affiliate] https://bit.ly/31RYCFQ
