pac webinar retail arbitrage sourcing
ProvenAmazonCourse.com
Retail Arbitrage & Beyond Bob Willey
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
1
ProvenAmazonCourse.com
A little about me Started selling on eBay in 1998 Been selling on Amazon over 10 Years Started doing FBA in 2008 Started FBAForum on Yahoogroups in 2008 (now over 5,000 members strong) • Had computer business for over 28 years • Had Brick-N-Mortar Auction House for 5 yrs • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
2
ProvenAmazonCourse.com
Find Resources Online SellerCoaching.com FBAForum.fbarocks.com Facebook.com/bobwilley Groups on Facebook (FBAForum, BookSellersFBA, Amazon FBA Newbies…) • Other useful groups on Facebook (ScannerMonkey, Amazon Flips Tips AFT…) • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
3
ProvenAmazonCourse.com
Sources • • • • •
Stores locally (Retail Arbitrage) Online Stores (online version of stores) Online websites Wholesale PLR (Private Label Rights)
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
4
ProvenAmazonCourse.com
Stores • • • • • •
Sam’s Club, CostCo, BJ’s Kmart, WalMart, Target Best Buy, Staples, Office Max Big Lots Ross, TJ Maxx, Marshall’s, Burlington Coat ToysRUs, BabiesRUs
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
5
ProvenAmazonCourse.com
Stores • • • • • •
Walgreens, CVS, Rite Aid Kohl’s Tuesday Morning Fleet Farm, BeallsFlorida Dick’s Sporting Goods Publix, Krogers
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
6
ProvenAmazonCourse.com
Online Stores • Once you find an item in a store, go to the online corresponding site and see if it is available online. If so, you now have a REPLENISHABLE!! • Stores like Walmart.com, Target.com, ToysRUs.com, BabiesRUs.com, BeallsFlorida.com, BestBuy.com, DisneyStore.com …… Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
7
ProvenAmazonCourse.com
Online-only Stores Bonton.com, Tanga.com, OrientalTrading.com Moteng.com, MilikenMedical.com, DealGenius CollectionsETC.com (now selling on Amazon) LTDCommodities.com, YankeeCandle.com, BedBathandBeyond.com, Boscovs.com • Zully.com, BrylanHome.com, BedBathStore.com • Even Amazon.com Yep, Amazon to Amazon FLIPS • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
8
ProvenAmazonCourse.com
Tools • APPS: Profit Bandit, ScanPower, Scoutify (brand new from Inventory Lab), • Keepa.com • CamelCamelCamel.com • FBAToolKit.com • Calculator Widget (FBACalc)
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
9
ProvenAmazonCourse.com
Tools • SmartPhone (iPhone, iPad, Android) • Bluetooth Scanners • (ScanFob, KDC200, Wasp, Opticon, Unitech) • Where to get Scanner: • SerialIO.com, BarcodeGiant.com, eBay, Amazon and some Facebook groups have discounts available Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
10
ProvenAmazonCourse.com
What are you looking for? DIVERSITY, Diversity, diversity…. Going wide or narrow Testing, small sample size Going DEEP (and what is Deep?) Quicker turning items –vs- LTH (long-term hold) • Fast nickel –vs- Slow Dime • • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
11
ProvenAmazonCourse.com
Bob’s Circle Check ™
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
12
ProvenAmazonCourse.com
How to Analyze • Evaluate EVERYTHING as a total picture • Sales Rank is Fickle just use it as an indicator • Check category to be sure you are approved • Look for Oversize, adds some to your costs • Is Amazon selling? • Use Keepa to see if Amazon sells out? • Use CamelCamelCamel to see if Sales Rank varies a lot Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
13
ProvenAmazonCourse.com
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
14
Retail Arbitrage & Beyond Bob Willey
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
1
ProvenAmazonCourse.com
A little about me Started selling on eBay in 1998 Been selling on Amazon over 10 Years Started doing FBA in 2008 Started FBAForum on Yahoogroups in 2008 (now over 5,000 members strong) • Had computer business for over 28 years • Had Brick-N-Mortar Auction House for 5 yrs • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
2
ProvenAmazonCourse.com
Find Resources Online SellerCoaching.com FBAForum.fbarocks.com Facebook.com/bobwilley Groups on Facebook (FBAForum, BookSellersFBA, Amazon FBA Newbies…) • Other useful groups on Facebook (ScannerMonkey, Amazon Flips Tips AFT…) • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
3
ProvenAmazonCourse.com
Sources • • • • •
Stores locally (Retail Arbitrage) Online Stores (online version of stores) Online websites Wholesale PLR (Private Label Rights)
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
4
ProvenAmazonCourse.com
Stores • • • • • •
Sam’s Club, CostCo, BJ’s Kmart, WalMart, Target Best Buy, Staples, Office Max Big Lots Ross, TJ Maxx, Marshall’s, Burlington Coat ToysRUs, BabiesRUs
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
5
ProvenAmazonCourse.com
Stores • • • • • •
Walgreens, CVS, Rite Aid Kohl’s Tuesday Morning Fleet Farm, BeallsFlorida Dick’s Sporting Goods Publix, Krogers
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
6
ProvenAmazonCourse.com
Online Stores • Once you find an item in a store, go to the online corresponding site and see if it is available online. If so, you now have a REPLENISHABLE!! • Stores like Walmart.com, Target.com, ToysRUs.com, BabiesRUs.com, BeallsFlorida.com, BestBuy.com, DisneyStore.com …… Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
7
ProvenAmazonCourse.com
Online-only Stores Bonton.com, Tanga.com, OrientalTrading.com Moteng.com, MilikenMedical.com, DealGenius CollectionsETC.com (now selling on Amazon) LTDCommodities.com, YankeeCandle.com, BedBathandBeyond.com, Boscovs.com • Zully.com, BrylanHome.com, BedBathStore.com • Even Amazon.com Yep, Amazon to Amazon FLIPS • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
8
ProvenAmazonCourse.com
Tools • APPS: Profit Bandit, ScanPower, Scoutify (brand new from Inventory Lab), • Keepa.com • CamelCamelCamel.com • FBAToolKit.com • Calculator Widget (FBACalc)
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
9
ProvenAmazonCourse.com
Tools • SmartPhone (iPhone, iPad, Android) • Bluetooth Scanners • (ScanFob, KDC200, Wasp, Opticon, Unitech) • Where to get Scanner: • SerialIO.com, BarcodeGiant.com, eBay, Amazon and some Facebook groups have discounts available Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
10
ProvenAmazonCourse.com
What are you looking for? DIVERSITY, Diversity, diversity…. Going wide or narrow Testing, small sample size Going DEEP (and what is Deep?) Quicker turning items –vs- LTH (long-term hold) • Fast nickel –vs- Slow Dime • • • • •
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
11
ProvenAmazonCourse.com
Bob’s Circle Check ™
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
12
ProvenAmazonCourse.com
How to Analyze • Evaluate EVERYTHING as a total picture • Sales Rank is Fickle just use it as an indicator • Check category to be sure you are approved • Look for Oversize, adds some to your costs • Is Amazon selling? • Use Keepa to see if Amazon sells out? • Use CamelCamelCamel to see if Sales Rank varies a lot Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
13
ProvenAmazonCourse.com
Retail Arbitrage & Beyond
(C) 2015
SellerCoaching.com
14
