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Retail Arbitrage at Walmart.
Next in our exploration of different box stores. Go with me to Walmart and see what I like and don’t like while retail arbitraging…
Retail arbitrage at Walmart
Tracy goes to Walmart for retail arbitrage to find product to resell on Amazon and eBay.
In the video it shows her going up and down the aisles and she points out that toys are a great category to look at for retail arbitrage, especially with the clearance items. Tracy also points out the clearance section of school supplies.
Legos also go great on eBay and Amazon. If you can find them on clearance be sure to scan them to see if there is profit. Also take a look at the book section of Walmart and the clearance items in it. Tracy recommends going with Non-Fiction type books since they sell better than fiction.
Tracy uses the profit bandit app to scan items to see if the products have a profit to it. She has a $10 profit per item minimum. She does show a couple products that have less than that of profit but there are many boxes of the Legos so she could get them and have a total profit of $35 on the one listing. Another item there were 7 of them and again was able to use just the one listing and have a larger profit since they were all there instead of just one box of them. That is when she breaks the $10 minimum rule.
In the video Tracy explains when she was in business school at UF and studied the Walmart and Ikea models of their business and how they are well oiled machines. The example being how those companies have their process down from beginning to end, manufacturing shipping, purchasing, selling and passing along the savings to the customers.
Tracy utilizes Walmart as a retail arbitrage spot, especially after the holidays with the clearance items.
Categories that Tracy recommends shopping for retail arbitrage….
Pets
Toys
Books
School Supplies
Anything on clearance
Things Tracy doesn’t like about Walmart is that it’s easily accessible for everyone. The other Amazon sellers that do retail arbitrage also have Walmart at their disposal, which creates more competition.
Walmart is in the top 3 stores for retail arbitrage for Entrepreneur Girl.
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