Last Week, I sourced (48) 10 Lb Olympic Plates

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

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’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

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

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

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 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...

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

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