@theteamsetguy wrote:
@isaiah53-57 ,
Laststopgeneral store was able to figure out why his sales sucked back then. You have to adjust sometimes in order to succeed. I can tell you I don’t sell the same item today versus what I was selling in the beginning. I did really well for the first 6 or 7 years before the market got saturated.
I’m already thinking of what I would sell next if what I currently doesn’t work anymore.
Actually these last four weeks and two to come tend be the grinder at both retail / distributorship / warehousing. Beginning of the year is one of the hallmarks of clearing out unsold product, dent and ding on and on. A respectable number of those operations "Middle Men" who take that stuff in now do work with FBA and Walmart, its why Walmart built the largest distribution/warehousing facility ever made not long back.
But if a seller happens to be near a decent sized city there is almost always these surplus (if you will) operations within them and 95% of them are unknown to resellers. Some of these let you buy direct, some are located near Rail as they've centralized huge warehousing, so say all Target's returns, dent/dings, unsold partials mastercases even full mastercases (depending product) end up at those facilities.
You can get deals like you wouldn't believe or maybe you would. How many times you read or see a BooTube channel speaking about Mamazon return/product pallets? How many BIN Stores exist all over the place. Ask yourself how a BIN Store can possible make $$$ at the crazy pricing and they do make money, in fact, the smart ones will do 200-400% per item of acquisition costing.
Some of the "Middle Men" operations will actually sort, most not but point being its usually something the pickers dont think of and can make far far far more money than picking. Doesn't mean need stop picking, there is no golden rule precluding that. But most sellers who work the big boys are taking their time to make the money and sell the stuff rather than taking the time to try find stuff to sell.
I've been inside some of them and it's OH MY GOSH! Pallet after Pallet like you would not believe, I mean YOU WOULD NOT BELIEVE. You walk in to a decent one and instantly will say, "Why I am I travelling about doing Yard Sales or Thrifts."
Sometimes you'll find one or two of the resellers at say a flea market or seasonal big flea market event, maybe even at Public Markets. They get there early, usually among the first and often have a commercial van or two, sometimes a box truck and they setup way early. I know two who do it... Well I dont "know" them personally, "know of" two who do it. I'd say over the six hours where this one outdoor seasonal flea market is open they do $3000 - $5000 at a minimum. You might not even see the Box Truck or Vans as they care maximize their rental space and they tend be decently organized albeit some will just have boxes or tables piled to the hilts.
You'll see on youTube pickers hitting those flea markets near them and often in their videos saying, "Gee I wonder where or how they manage get all this stuff? Selling these shirts, toys whatever at $n or $nn dollars and I can make $10 or $25 atop their costing to me. They're making thousands whilst the pickers are piddling around for hundreds and basically speaking they've got an endless supply chain.
Sure, as TobaccoCard said in another thread when dealing with that stuff seller need concern themselves with providence in don't want be selling things that get a manufacturer all VERO etc frisky but got do that now anyways. But you're guaranteed the products are not counterfeits or garbage like that.
Now some when they are local have no issue at all freighting the pallets to your driveway whilst some will do a make you're own arrangements. We'll forklift those you buy unto whatever you can drive them away with.
You'll see mish mosh pallets and often more specific pallets, here's one with 750 bath accessories for $1500. Here's one thats all clothes, by the pound. Oh this one's all toys, that ones sporting goods, this one's all shoes and boots and cost per item is literally dirt.
Now if you happen live close to the border tends to be HEAPS of these places like in Ontario Canada.
Whats the difference?
Those tend to be where the actual manufacturers move excesses/delists to. They do that to get the stuff out the country. They are reducing their warehouses and those wholesaler entities over the border are selling bulk pallets into other markets. They are literally ALL FINE with online resellers as the VOLUME tends to never be there albeit some will work with specific retailers like Ollies for example and those are under terms. You don't see Ollies Online yet inside Ollies you're seeing quality product at prices 40-60% off retail and they are making on average 300-500% on every sale over cost of acquisition. This is portion of the delist channels as they are called. Its what I used to do back in the day of PC popularity. We get delisted PC Software/Games that were $50 on shelfs for between $1.50-$3.50 per unit and that's essentially publisher direct. So we get untouched mastercases and cherry pick what we want and they arrange freighting.
"I want four mastercases of these, three of those, two of these, eight of those..." Literally get a list of whats available every single week or on request in you're email. No hunting required. The above would come UPS... But if I order, "Well we want 20 mastercases of this, 25 of those etc" that's coming Consolidated Freight. Do the math. 20 Mastercases of this title, $400, 10 units per case, so 200 units that had MSRP at $40, $8000 of MSRP for $400. Freighting, well smaller order come UPS we'd have pay for but a big order come Consolidated Freight, be free. Why free? Because Consolidated Freight doing the deliveries to the retail chains like Comp USA, BestBuy, Media Play, Walmart so no big deal drop two pallets 10 miles off the beaten track.
Point all being the truly succeeding entities making the green backs are working those channels not yard sales. Just as Amazon has heaps of Pallets of excesses so does every single sized retailer/manufacturer and you can buy the stuff for dirt.
Now lots of those really succeeding resellers you don't see in these forums. Occasionally one pop in when there is a site issue usually browsing and not commenting. You'll never see them just like at the Flea Market bigger fellas "How to they manage get three dumpster loads in here every week I pick through" tell you where, how or why they do what they do. The money is incomparable. Would you rather spend $1500 and make $10,000-$15,000 or pick spending $150 to make $600?
