I had a great week in sales for Amazon FBA. I certainly enjoy thrifting for items to resell on Amazon and you certainly can’t beat the return on your investment. Here are a few of this week’s highlights:
1.) Uncle Skunkle Destruct 3 ~ I shared this particular sale over on the Thrifting for Profit Facebook group this week. I found this game brand new (still sealed) at a local thrift store for $3.98. After looking on Terapeak, I decided to purchase it and originally intended to sell it on eBay. Unfortunately, after being listed for several weeks, it just would not sell. I was hesistant to send it into Amazon FBA because there were no other sellers for it. However, after looking on Camel Camel Camel, I noticed that at one point it did sell (and very well), so I decided to send it in and price it high.
It sold within 48 hours after being checked into Amazon’s warehouse for $72. After Amazon fees and the initial cost of the item, I profited $58.43.
2.) Eating Disorders: Time For Change: Plans, Strategies, and Worksheets ~ This was a workbook that I picked up at the thrift store for $1.99. I must say, I really love workbooks, especially those with obscure subjects such as this one. There was no writing or missing pages in this workbook and it was in like new condition cosmetically. I listed it in “very good” condition for $38. Amazon is currently selling it for $45.
This item sold within 1 week of being checked in. It also had a sales rank in the high 700k. After Amazon fees and the initial cost of the item, I profited $27.12.
3.) Sony T-160 VHS Video Cassette ~ I LOVE VHS tapes — even blank ones! I thrifted this blank VHS tape for $0.25 and it sold within a few days of being checked in for $8.95 ($12.94 if you include the shipping credit). After Amazon fees and the initial cost of the item, I profited $4.79.
While I know that doesn’t seem like a lot of money, my thrift store is actually overrun with these blank tapes, however, not all of them are valuable. The sales rank on this one was pretty low which is why I decided to purchase it. If I can spend $0.25 to make $4.79, then I won’t pass up the opportunity. I know many people making far less margins on grocery items that are heavy, require more upfront cost AND prep work, and cost a lot more to ship into Amazon.
4.) Simple Facial Wipes (Pack of 2) ~ This is an item that I sent in as I began to get rid of a lot of health & beauty items that I picked up while couponing. I haven’t couponed in quite a while, but I still have a stockpile of hundreds of products (..or at least I did before I sent them into Amazon FBA). I believe I purchased these from Rite Aid and they were FREE after coupons and rewards (I only paid sales tax).
This set sold for $16.95. After Amazon fees and the initial cost of the item, I profited $11.84.
I really enjoyed this particular sale because it shows how profitable couponing can be if you are organized and efficient with your time. By planning ahead of time and doing your research, you can actually make good money reselling your low cost items for profit on Amazon. I should note that I actually had tons of these that I could not for the life of me sell on eBay, but they are flying off the shelves on Amazon!
I hope that these flips will give you a better idea of what to scan the next time you are out thrifting or engaging in retail arbitrage.