I worked at a Dollar Tree in Jackson WY. I was a cashier and every week on the same day of the week a guy came in and bought hundreds of books. His cart would always be full of them. After about his third visit I asked him, whay do you do with them all. He said he resold them on Ebay, Craigslist, Facebook Marketplace, etc and made 1000's of dollars a month. Some he kept or gave as gifts but most he sold!
@@WBKnoblock One of my friends who had a warehouse like yours,,,also worked for Hollywood in the mask making dept,, he was that good. So clutter is not always a bad thing.
Fun fact Amazon only survived as abusines because they moved away from owning inventory of books! Re-selling novels is a pocket change hustle. If you're going to sell books sell art books (coffee table books), text books or relevant tech books at least with those books you'd make $5-$100 profit and not $1-$10. Time is money!!
For those that seem to be insta-hating on this, I have a question: Have you even run a business? Asking an honest question, not trying to flame. Because I have. 2 weeks waiting for payment for something you sold, is 2 weeks that money isn't working for you. Let me break down some math for you about exponential growth. Granted, this is going to be a bit of a simplification, but it'll show it's potential. And part of that is going to be only referring to 1 "item" when in fact you'd quickly diversify, to meet more needs and increase overall sales. Also, the starting point will be enough resources for 1 item. So, if you have an item that you can reliably sell every single day. But, lets just say, for argument's sake, that you can only sell ONE of those items per day. And lets say that's a 100$ item. And that the item costs $10 to acquire. Also I'm not going to factor in most of the fees, as that changes regularly, but I'll include the 2% knock off from Payability to show how a small percentage to increase turn around can be beneficial. If you have to wait 2 weeks before getting your money, the cycle will look like this. Day 1 Acquire 1 item, Sell 1 item, Day 2 - 13: waiting for money, nothing acomplished Day 14: paycheck received from Amazon 100 Day 14: 90$ profit, can afford 10 Items now If you get your money the next day after a sale, the cycle will look like this. Day 1 Acquire 1 item, Sell 1 item Day 2 Money received +$98 (2$ to payability fee), 9 Items bought[-90], 1 item sold, 8$ Day 3 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 106$ Day 4 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 204$ Day 5 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 302$ Day 6 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 400$ Day 7 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 492$ Day 8 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 590$ Day 9 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 688$ Day 10 Money received +$98 (2$ to payability fee), 4 Items bought[-40], 1 item sold, 696$ Day 11 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 794$ Day 12 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 892$ Day 13 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 990$ Day 14 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 1088$ So, between those two: On day 14 with option one would would have all 100 of your hard earned dollars... congratulations. You paid nothing extra, you kept a tight grip on your money. But with option two, because you were able to increase turn around time, on day 14 you had $1,088 in your pocket (even after paying the fees and having to buy more stock) That's nearly 11x the money. Now, for extra fun, lets say you found a local item that is absolutely HOT! As in, you can't keep it in stock, no matter what you do. They sell as quickly as you get them. And, Yes, this type of thing does happen from time to time with some trends. Especially if you can buy it locally where it's abundant and probably under appreciated, and then sell it online where those dying to find one can get their mitts on it. Think Furby, Tickle Me elmo, etc. Yes, they're fads, and will puff out eventually, but in the mean time you can make SERIOUS bank. So, for this one, I'm going to everything the same as I did with option 2, except, constant sales. Day 1 Acquire 1 item, Sell 1 item Day 2 Money received +$98 (2$ to payability fee), 9 Items bought[-90], 9 item sold, 8$ Left Day 3 Money received +$882 (18$ to payability fee), 89 Items bought, 89 item sold, 0$ Left Day 4 Money received +$8722 (178$ to payability fee), 872 Items bought, 872 item sold, 2$ Left Day 5 Money received +$85,456 (1,744$ to payability fee), 8,546 Items bought, 8,546 item sold, 8$ Left Day 6 Money received +$837,508 (17,092$ to payability fee), 83,751 Items bought, 83,751 item sold, 6$ Left Day 7 Money received +$8,207,598 (167,502$ to payability fee), 820,760 Items bought, 820,760 item sold, 4$ Left Day 8 Money received +$80,434,480 (1,641,520$ to payability fee), 8,043,448 Items bought, 8,043,448 item sold, 4$ Left Day 9 Money received +$788,257,904 (16,086,896$ to payability fee), 78,825,790 Items bought, 78,825,790 item sold, 4$ Left Day 10 Money received +$7,724,927,420 (157,651,580$ to payability fee), 772,492,742 Items bought, 772,492,742 item sold, 4$ Left Day 11 Money received +$75,704,288,716 (1,544,985,484$ to payability fee), 7,570,428,872 Items bought, 7,570,428,872 item sold, 0$ Left Day 12 Money received +$741,902,029,456 (15,140,857,744$ to payability fee), 74,190,202,945 Items bought, 74,190,202,945 item sold, 6$ Left Day 13 Money received +$7,270,639,888,610 (148,380,405,890$ to payability fee), 727,063,988,861 Items bought, 727,063,988,861 item sold, 6$ Left Day 14 Money received +$71,252,270,908,378 (1,454,127,977,722$ to payability fee), 0 Items bought, 0 item sold, $71,252,270,908,384 Left Now, before you say anything about this, NO this isn't something I find very likely to happen[with returns measured in trillions within 2 weeks]. And it's never happened to me to this extent. There does come a plateau point at some point along the line.I mean otherwise, day 11 represents every single person on this plant buying 1 on that day. This is just what is THEORETICALLY possible, based on exponential growth. Basically at some point either you're going to run out of the item/ resource, or everyone's going to have what they need and not need / want anymore. [which is why diversifying is so important for long term goals] But what this DOES illustrate is the power of exponential growth. The real numbers for what are likely to happen, are far less, I'm sure. But, I'm even more confident that the real numbers are, in fact, much higher than option 1. Because the money is constantly growing steadily instead of quick spurts. Also, because I know how comments sections are, I have no connection to payability. Nor this channel. But I do intend on looking into payability in the future to see if it's something that'd fit into my own specific workflow situation. If it's not, I won't use it. I'm just saying, don't disregard things without actually looking at them, and factoring in the big picture. You're doing yourself a big disservice. Failure to do so is why the majority of small businesses fail within the first couple years. Yet I've managed to keep mine going for almost 13 years.
A side note: If your business doesn't meet the $2000 monthly threshold, Payability will automatically reject your application. So don't waste your time if you're not at that level. THEY WILL ASK FOR PROOF.
Yeah there's also a $40/month fee to be an amazon seller as well as $10/month for the profit bandit app after 20 free scans. That's why it pays to do your own research.
I’m cracking up because I am a book reader and I recently told my coworker that I have been buying books from there for a dollar. I was impressed they had a lot of hardback books.
Ever purchased one that was signed by the Author?? I still have several brand new books that were signed by the author. I almost returned a couple one time, because I already had a copy in my collection, but I realized at the last second they were the wrong books. In truth they were some of the few that I had not looked inside and noticed that they were signed. The cashier's eyes lit up for a few seconds, until I quickly retracted and then brought the unsigned versions back. LOL... There was a time several years ago, when I used to buy about 2-5 new books every time I went into the $$ tree... I ended up with at least 1000 books. The total number of books I bought filled more than 35 boxes and more than 95% of the books were hard back books. Most of the boxes were those large boxes that hold 10-12 reams of paper for your printer, like when you buy in bulk/by the case, from Staples or any other office supply store. My boxes were slightly nicer and a little larger, but similar to that style of box. More than a third of a large moving truck had boxes of books, with at least 90% that I purchased at the $$ store. About 12 years ago, I came up with this same idea... While in college; I used to buy my textbooks online and then sell them back to the campus bookstore for more money than they cost online. Or I would sell them online if the bookstore's buy back price was too low. That's how I funded my book/textbook buying during my undergraduate programs and even my Master's program. I was doubling and tripling how much I spent on my college textbooks. Doing this, and then filling my addictive need to buy more books all the time at the && store, made me think about whether people were buying and then selling them online... and at the time I found no one that was doing it, but it worked if you were willing to take the time and get serious doing it. Anyone remember or ever use Half.com?? I've bought and primarily sold tons of books that way... I first learned about half.com, about a year or two after it first opened. My sister knew someone that I helped for a short time, selling tons of books there. He had thousands and thousands of books. It was as if the main library of a decent sized city, was moving to a different location, and all the books were stacked ready to be boxed, and some of them were already boxed, and then they were just left there unmoved. The space they filled was easily 2000 SqFt. & from 6-8' high of nothing but books. He had no idea how many were there or what books we might find. That was why I was helping. It was nothing but pure heaven for a bibliophile like me. :-D
Justin Taylor that’s funny. I remember buying books cheaper at a different University for lower price and selling them back for more after class. Back then internet was not as accessible like today. I am unsure about the authors signatures, I will check go forward. I don’t know if I will sell my books maybe those books I have more than one copy. I met someone that has 28k books I was jealous. The movers thought I was joking about the boxes of books. They were not happy because I put fragile on the boxes. Most women get excited about shopping. I get excited about looking for books. I have purchased from half.com and alibris.com
So helpful! I just got approved yesterday and have been sourcing. Excited to start. I didn't think I could do it but you're so encouraging. Once I get on my feet and have some extra cash I'm definitely going to be a supporter of your channel! You're awesome!
the Dollar store here, knows. They said, "These are books that would be thrown out....almost every one of these books is over run." If they don't sell at Dollar store they go into the dumpster. You are doing a good thing.
I tried this. Several times on amazon and ebay craiglist. I wasnt able to sell any thing. I didnt even lose out luckily because most of time i get them fpr free. But finding whats going to sell..is the hardest fricking part
If you can't wait two weeks for a paycheck you aren't managing your money- your money is managing YOU. I would NEVER give 2% of my hard earned cash up to some random middle man just so I can get paid the day after a sale. Don't use Payability people. (That's the only problem I have with this video that really jumps out at me)
@@WBKnoblock Then they should make it a point to learn to how to save because learning how to spend is easy. I know roughly half of Americans don't have a $1000 saved which is just sad.
Depends tho. I'mo I'd wait for the 100 in 2 weeks. But if I could get 10 real fast, make 30 off of it. 50 +100. But if I had money to start off with then I wouldnt have that problem. So i only see that service as a once time use.
WOW! Reading the comments here...Okay you'all. It's simple. YOU DO NOT have to sell books. Use your imagination, Think outside of the Box! Each $Store is like a yard sale or a thrift shop. A good portion of there product is the same the rest is like Christmas :-) As in ANY business you have to work, do your homework (and for those of you who do not like homework, Suck it up! or move on!), LOTS of research. You will need to make a 'Game Plan' and stick to it. You do not have to do it Walters way...BUT he is giving EVERYONE an AWESOME idea. It is up to YOU to make it happen. In today's economic two things are happening, Homeless is at an all time HIGH!(of no fault of there own; loss a job etc) MANY ways to become your own boss. Some have engineered both together making it work for them. Don't rag on Mr. Walters' because YOU DO NOT like his idea, others may, and others may even try it out for themselves. It is somebody's 'Cup of Tea', just not yours. Here's something I use to tell my mom: You don't have to like someone, just respect the differences between you both and move on :-) And if you don't like that one here's one for you: Your Only Limitation is Your Imagination Darling! It has been mine for 20-yrs, you may borrow it :-)
Eh its all hustle i can get a job sitting on my ass making 900 a week playing on my phone as boring as it is better than brain storming costantly on how to make the next hustle Im not bashing your way of making money but i think what your doing is comparable to having a lamborgini and only ever get up to 30 miles an hour its like you would have all this motivation to keep your mind busy and your using it all to find the laziest way to do it witch pays verry little when all you need to do is apply for the right job and work at it for a while
@Karen Morris I seen "Awakened" by P.C. and Kristen Cast inside those Books! They were a very popular Book Series, and the Movie Rights to the Books were also purchased by a Movie Producer to make a movie about them. I was shocked to see that book in that store! I have the whole series, and I love those books!
I got a regular who comes in for books 🤣 90% of the time we know, we just dont care because it's one less thing we have to clean up or recover 🤷♀️🤷♀️
I would be would kinda surprised/upset if someone did care, I mean the store still makes money every time he comes in, what should it matter what he does with products he purchased.
@Melanie G I'm not disagreeing. We get certain buyout items from big box stores that still hold shelf value elsewhere., i was just trying to be funny. I'm the closing shift assistant manager in a high volume store and if someone wants to come in and buy it all I wouldn't even blink; my responsibilities are mostly recovery and cleaning up the store though and the more people buy the less I have to clean up before truck day!. what other people do with their money and how they make that money aint my business❤
Good idea. Found 1 of my favorite books from the dollar store. Bought multiple copies to give to friends. 1 thing-since we get 1 earth maybe go in w a huge reusable bag vs taking all the plastic bags. Plastic is 1 of the things killing the environment.
I have a friend who sells items on Amazon. He prefers to sell antique/retro items like board games and thrift store items you can't buy new anymore. He also does an thing I found very odd: he buys normal snack food items like potato chips and sells them on Amazon for double the normal cost (after buying the item on sale). Bag of chips normally $3.99, buys it for 2/$3.99, sells one bag for $11. He said it sells as it is shipping to Amazon because certain flavors of chips, corn twisties, etc. aren't sold in certain areas and people will pay more to get their favorite flavors. Where I live there 5 different dairies that sell milk and ice tea, and have die hard fans of their taste. If someone moves out of the area/state, some will have a friend bring them a few gallons during a visit just to enjoy an old familiar taste and bring back memories. Strange when your first think about it but it happens. This guy has something, just a different style.
if you can sell USED BOOKS, the Salvation Army here is FULL OF BOOKS, some are new but the used ones .....one friend does this and PROFITS galore as she knows what to look for....old cook books do so well.
when I was In Colorado there was this Goodwill that had nothing but good quality stuff to include their books. They had limited collector editions of Time and National Geography hard cover books.
here's one big problem, the books sell on amazon for 5 dollars sometimes, and they even include free shipping. It aint like you get full retail price for the book when somebody else is selling it for 5 dollars, even if you fulfill yourself, by the time you pay shipping you may make 2 dollars, that is on the prayer somebody wants that book. If you could sell it for retail it may work, but not this way
If you watched it, you don’t understand what’s amazon FBA is. I have stopped explaining things to people that I have made videos on. There are other youtubers who have made great videos about how Amazon FBA works too.
@@WBKnoblock Let me show you what Im talking about. I have a book in my hand, cost me 1 buck at dollar store. I type in the amazon calculator sellercentral.amazon.com/hz/fba/profitabilitycalculator/index?lang=en_US cost of item, 5 dollars (thats what its selling for) selling on amazon fees 2.55 fullfillment by amazon fee 4.92 Total Fullfillment cost 5.17 Cost of item 1.00 Profit: -3.72
Hey! If you want to get started, here is my Quick Start Guide to Retail Arbitrage! Gumroad.com/WBK Create your first FBA shipment >> th-cam.com/video/9gzH9JXZaN0/w-d-xo.html Dollar Tree Arbitrage >> th-cam.com/video/wl___5ICUwk/w-d-xo.html Dollar Tree Toothpaste >> th-cam.com/video/03yRe-TBVRQ/w-d-xo.html Email Newsletter: eepurl.com/gvcAsn My Facebook page: facebook.com/WBKUltra Entrepreneur facebook group facebook.com/groups/WBKUltraGroup/ $250 signup bonus for Payability go.payability.com/WBK Free Business Insurance Quotes: wbkultra.com/business_insurance_quote FREE version of the video editing software I use: wbkultra.com/filmora ITEMS I USE: Polybags: amzn.to/2ITd2vF GoPro Hero 9: amzn.to/3ipv6Pm Magnet Fishing Magnet: amzn.to/2IWk2Ij RODE Iphone Mic: amzn.to/2L0eqPY Yeti Mic: amzn.to/31QMVOO Tape: amzn.to/2WMuVkF Scotty Peelers: amzn.to/2FiHP3X Goo Gone: amzn.to/2INhnAA Heat Gun: amzn.to/2XpY3CE Bubble Wrap Sheets: amzn.to/31FZpZt This post contains affiliate links. I wasn't explicitly clear but this is for Amazon.com. If you primarily sell on eBay, you would just use the eBay seller app to look things up.
Hey Walter, interesting video. I'm looking for the connection here. You spoke of Payability, but where does that come into play? You scan the titles for selling price, you purchase the books, you ship to Amazon. How does Payability fit in and how do you get paid by them? Thanks!
@@normac9931 that's not true, I sell high volume and they're a lifesaver, especially since dipping out of my personal funds to do business stuff is a bad habit.
That book is being sold for .10 plus shipping used and $2.37 plus shipping new on Amazon. You're not going to make your money back, let alone a profit after the FBA fee.
I don't know how I ended up here but this is actually a good way to make a little extra cash on the side if you're frugal. This applies to all kinds of things but be careful of local laws and ordinances. Once you get yourself going you can always get legal.
I am going to look into this a bit. My dollars tree aren't neat like yours and there aren't as many books, but it certainly seems like a good idea. I keep seeing adds for FBA but they show flashy cars and vacations with free seminars that are trying to sign you up for their system. Thanks for your info.
So far I am very happy with *MyOnlineSelling. Com* The suppliers list is impressive! It helps big time that they have already checked them out so I can contact them with confidence. Also, I am a beginner and have lots of questions and I can honestly say the their support team is super helpful - good vibes. And that's my 2 cents :-)
I recently read that the owners of Dollar Tree are thinking of raising prices store-wide, so they'd be like other dollar stores where stuff actually costs more than a dollar. And here I was a few months ago, thinking of trying exactly what you did in the video (but with more than just books). Depending on how much they raise prices on items, it could end up cutting into the profit, and making the effort not worth it. Hopefully it doesn't happen anytime soon. By the way, great video, it answered some questions I had about the whole FBA process.
Most things are not worth more then dollar if they raise prices peoe will quit shopping. I.go there to get things that ate to expensive at other stores.
I read the same. What I understood was they are thinking of "closing" all of the Dollar Trees and re-opening them under one of their other store names where they sell things for a dollar and up...
4:52 I see Febreze and scented fragrance air fresheners, these seep into your surroundings like clothes, books, it soaks into everything! This is something buyers will notice if their products smell like nasty air fresheners if you spray that around your products!
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I used to go to thrift stores and select books I thought would sell. I would bring them home, and go on Amazon to see what they were selling for used. Sometimes I could make a profit worthwhile, and sometimes not. Occasionally, I would hit gold. Sometimes a book would be quite rare and be selling for a lot. I was at one point making $300 per month after expenses. But I will say that it is labor intensive. After listing the book on Amazon, if it sold, then I had to make sure it was nice and clean, package it up well, and take it to the post office. I might make $4, $5 or $6 on it, maybe. Leftover books I would take back to a thrift store and re-donate them. As I said, it is labor intensive, and not for everyone. Cost of postage (back then), wrapping material, gas to go to the post office, time and effort (whew!) I could have just gotten a part time job and done much better.
I am going to use your payability link oh, but I want to make sure I get a name of my business and find out about taxes and tax ID numbers and not losing my disability. Thank you so much for your videos. It's lovely that you're sharing your knowledge.
After you are an Amazon seller, you will be able to log in and use UPS with Amazon's rates -- a great deal for sure but something to be considered. Amazon has LOTS of warehouses and you might have 50 books and 40 of them go to one warehouse and the other 10 are spread out between 3 or 4 warehouses. There are all kinds of ways to work around that but, mainly, if you don't have enough product to make a decent sizes shipment you are going to be paying more. Not a naysayer. Amazon can turn some good money but you have to pay attention and know what you are doing -- read all of the online training and such because, otherwise you won't make any money and will have lots of troubles -- and don't forget, Amazon can kick you off, forever, without any explanation so you are always playing by their rules -- so you better know them. I don't think it is nearly as easy as it used to be to make money with retail arbitration.
@@skysthelimitforeveryoung3437 There's added fees he didn't bring up either. $40/ month for an amazon seller account and profit bandit is $10/ month after 20 free scans. Every book I've looked up so far I'd be negative in profit. Just a heads up.
@@WhatTheFishFry I have seen similar warnings . Can anyone provide any other insight or feedback on high inventory storage fees, these fees and mounting costs.
Unless things have drastically changed in the last few years, you'd be shocked at what Dollar Tree pays for books. We owned a mom/pop dollar only store and books were our highest profit item. Depending on qty. the per item cost could go as low as 15-25 cents. And crossword/find-a-word paperbacks, 10-15 cents. It was unreal!!
Furthermore, it's an ungated category to sell with FBA - Fullfilled By Amazon....huge plus. Makes it a shitload easier to get started. Especially now that the ecom craze is going bananas.
I legitimately have over $200 worth of books from Dollar Tree that I have piling up @ the bottom of my closet bc I just can't bear to toss em out after I'm finished reading them. this is great info! thank you!
Out of the tens of thousands possibly hundreds of thousands of videos I've seen on TH-cam I've never seen somebody give credit the people who helped them makes the videos
Lol. The best part of your videos, besides them being very educational, is your humor. I couldn't help but notice how neat and organized your Dollar Tree store was. You wouldn't see that in my neck of the woods ☹
The real catch is thrift store trust me I’ve never thought about this but I find the cheapest steals from thrift store mostly new stuff too like I like new cheap things and I actually just got an idea from you to sell some of the things I brought thank you!
When submitting your receipt to Amazon for Dollar Tree items that you sold.... do you have to take a picture of the item with that receipt as well? I'm just getting started in this information would help me as I don't want to make a mistake and get my account suspended. Love your videos thank you
A heat gun and Goo Gone takes off that white label they use to cover the UPC code on the cover. I use a baby wipe with a drop of dawn on it to wash off the greasiness from the Goo Gone. The book covers are surprisingly water resistant.
Gen. Dollar: You dare exploit my merchandise and re sell it for your own gain? Walter Blake Knoblock: Of course! Gen. Dollar: Great job. I thought someone was going to do this one day if I offered low priced merchandise.
Hi Walter! Thank you so creating an awesome video. You explained Amazon FBA in simple terms in under 12 minutes - outstanding!! You have a new subscriber buddy.
Does it not concern anyone that we will eventually have EVERYTHING consolidated to one company/source? Sales, Alexa, etc - everything tracked, everything controlled. Short term profits do not compensate for long term forfeiture of basic, constitutional freedoms...
I honestly believe these "we sell everything" stores are going to give birth to a resurgence of the mom and pop small businesses. People like to touch things, try them on, and that's not going to change any time soon. I'm already seeing more small businesses opening up and it's amazing that people are willing to pay a little more for the ability to support a local business. Lots of times, it's not even a lot more. Bring concert tickets back to the record stores and they'll be back too!
I don't give a damn about the long term. I want money now! Right now! My grandchildren can die by the hand of Big Brother which is Amazon for all I care or just starve to death as long as my comfort needs are met. Have a nice day.
@@WBKnoblock I'm sure it varies from title to title but how long doea it usually take to sale a book you send in to Amazon. And can you elaborate on storage fees Amazon charges to keep items that dont sale after 30 to 60 days? Thanks
@@WBKnoblock me neither Walt...and what if it does - I mean nobody said you gotta send it in today - you can check keepa and see it's seasonal info and just hold it at the house. You don't make any money on the books you don't buy. Plus, let's just say you stub your toe on this, so to speak...well, you learned some shit you didn't know a minute ago....the road to success is paved in failure.
What are you trying to sell? If you're restricted on that item then getting cleared is a long process and receipts won't work, but for selling books you don't need any proof of supplier
@@Coolguy26250 So even if I have Ooodddlleeess of Books that are in AMAZING no different than just purchased condition I can legally sell them...? Appreciate It King!
@@jacquijasieniecki9931 even if they're in used condition you can still sell them, but if it truly looks brand new fresh out the store you might be able to list as new but otherwise list as used
Hey Chance, I do books on FBA as well. I range about 50-100 books sold a month. I have been doing it for about 4 months, and throughout this time, I have only had maybe 2 returns. Which I tend to just send back with my next shipment anyways. It's not a deterrent, at most you're looking at 2-4% loss in revenue from returns.
@@ClaudiasBurningInk I would reccomend thaf you do. If I bought a book from Amazon and decided to remove the Amazon SKU sticker and then found an underlying sticker from dollar tree I'd be annoyed Haha. Amazon says there should be no other stickers or price tags on the books besides the seller SKU. You also want to remove it to minimize any sort of negative feedback. Also looks much more professional 👍.
@@theremodelstudio2750 I have not purchased from dollar tree, but I do purchase from any thrift/mom&dad thrift store I can find. When I started, I was sourcing books for maybe 5-10 hours a week. Within that time, I'd find roughly 300-500 worth of profit. Then you have to add the time it takes to get your first shipment set up, which seems hard at first, but after a couple tries it becomes natural. You'll see that you will develop your own sourcing methods, and your own best times to go out sourcing for books; when to rotate to the same store; when these stores have sales; and etc. I can't tell you how much now, but with just an extra 10 hours a week you can definitely make an extra 500-1000 a month, depending on the finds.
Also all the negative Nancy’s on here are funny. Y’all are just mad because he is making and doing his thing to survive and be successful on his own. So anyways more power to you for your upbeat fun informational video. Forget all the negative 👎 people!
Right they are jealous of him, I used to resell books on Amazon years ago but my account got suspended. I wish I could get back on their you can make a shitload of money just selling books on Amazon
@@investornabil8825 my boyfriend at the time gave me some dvds to sell once we saw how easy it was with the books, turned out the dvds were bootlegs from China that's how it got suspended.
Yes, except for the fact that she used to say, "I see..." before a name. Remember? I see, Edward & Thomas, oh, there's Amber & Grace... lol back in the good old days!
I made 10 cents!!!! By picking a dime from the ground
Me too. Found 12 cents in one day.
I avg. 30$ a year off the ground change.
lol
Kay Hershey LoL scam
Anthony Folkes doesn’t work
I worked at a Dollar Tree in Jackson WY. I was a cashier and every week on the same day of the week a guy came in and bought hundreds of books. His cart would always be full of them.
After about his third visit I asked him, whay do you do with them all. He said he resold them on Ebay, Craigslist, Facebook Marketplace, etc and made 1000's of dollars a month. Some he kept or gave as gifts but most he sold!
IamRxJ Vegan why would someone tell u why he doin it 😆 I would say their for kids in the hospital or something
IamRxJ Vegan sorry I meant to reply to the paragraph the person wrote above you.
@@aydriebrownieasmr7026 Success breeds success
@@aydriebrownieasmr7026 ~ next time try English.
moncorp1 Inc what
This does not look like my dollar tree
Books are everywhere but the shelf
Maria Ramirez .. I thought the same thing. I was like, your shopping carts are organized. And you have some.
Same here. The book area looks like war torn Beirut.
Kay Hershey No❤️
Thanks so much for all your help.
I guess its where you live. We have about 3 or 4 in my city, they are all clean.
"If you can't handle the mess, try being an adult".... I'm never going to forget that
lol, people just seem to get so worked up over little things that don't matter!
@@WBKnoblock One of my friends who had a warehouse like yours,,,also worked for Hollywood in the mask making dept,, he was that good. So clutter is not always a bad thing.
Even if you have no intention of selling, this channel offers some great insights into how retail works! Always something cool to learn here.
yeah he is quite good.
Exactly.
It is still good to hear from about this.
Try out FROZ ENP A. C 0 M
Fun fact. Amazon started off by being an online retailer for books. Amazon sold books.
Another one: Jeff Bezos used to order from Powell’s online book store to fulfill amazon orders.
@@WBKnoblock Another one, the Amazon spheres are referred to as "Bezos Balls" in Seattle.
UЯR. I forgot about that.
Fun fact Amazon only survived as abusines because they moved away from owning inventory of books! Re-selling novels is a pocket change hustle. If you're going to sell books sell art books (coffee table books), text books or relevant tech books at least with those books you'd make $5-$100 profit and not $1-$10. Time is money!!
DJ Khaled: Another One
Wow! The books at your dollar tree are actually all nicely organized.
I was just thinking like damn well this definitely isn't new york
Same concept with movies. Jillian Michaels dvds pop in from time to time. Were 10 bucks each at Walmart, now $1 each at DT. Buy and resell!
Correct!
Kelley Mickevicius wow 😯
Isn't selling dvds illegal?
@@OmarLopez-kh3dx if the DVDs are ripped (pirated) yes but if they're legitmately purchased no.
Dollar Tree books are probably the best bargain in the store period!
banjo playing bison I disagree thrift stores are the real winners here lol ... for food and gift stuff def dollar tree
@@TIAOFNEBULA I'm sure its different everywhere you go, but yea my goodwill has a lot of good stuff I'm looking forward to my next time going
@@TIAOFNEBULA and seeing good looking black girls AT the Dollar tree is a plus, too! Lol
@@TIAOFNEBULA I concur - you right!
@@JesseH76 shiittt, you already know!!!
Does he remind yall of Seth Rogen???
People say that a lot
Same thought here! Lol
first thing I thought tbh
omg i just posted on that right before I looked at your comment!!!
Yes, a bit. I was thinking the same thing. An he's very entertaining.and likable. Good stuff. 👍😜✌😊
Half the time I don't know if he's yelling at me or excited! Lmao
Luv this dude's personality
Try out FROZ ENP A. C 0 M
For those that seem to be insta-hating on this, I have a question: Have you even run a business? Asking an honest question, not trying to flame. Because I have. 2 weeks waiting for payment for something you sold, is 2 weeks that money isn't working for you. Let me break down some math for you about exponential growth.
Granted, this is going to be a bit of a simplification, but it'll show it's potential. And part of that is going to be only referring to 1 "item" when in fact you'd quickly diversify, to meet more needs and increase overall sales. Also, the starting point will be enough resources for 1 item.
So, if you have an item that you can reliably sell every single day. But, lets just say, for argument's sake, that you can only sell ONE of those items per day. And lets say that's a 100$ item. And that the item costs $10 to acquire. Also I'm not going to factor in most of the fees, as that changes regularly, but I'll include the 2% knock off from Payability to show how a small percentage to increase turn around can be beneficial.
If you have to wait 2 weeks before getting your money, the cycle will look like this.
Day 1 Acquire 1 item, Sell 1 item,
Day 2 - 13: waiting for money, nothing acomplished
Day 14: paycheck received from Amazon 100
Day 14: 90$ profit, can afford 10 Items now
If you get your money the next day after a sale, the cycle will look like this.
Day 1 Acquire 1 item, Sell 1 item
Day 2 Money received +$98 (2$ to payability fee), 9 Items bought[-90], 1 item sold, 8$
Day 3 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 106$
Day 4 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 204$
Day 5 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 302$
Day 6 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 400$
Day 7 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 492$
Day 8 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 590$
Day 9 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 688$
Day 10 Money received +$98 (2$ to payability fee), 4 Items bought[-40], 1 item sold, 696$
Day 11 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 794$
Day 12 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 892$
Day 13 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 990$
Day 14 Money received +$98 (2$ to payability fee), 0 Items bought, 1 item sold, 1088$
So, between those two: On day 14 with option one would would have all 100 of your hard earned dollars... congratulations. You paid nothing extra, you kept a tight grip on your money. But with option two, because you were able to increase turn around time, on day 14 you had $1,088 in your pocket (even after paying the fees and having to buy more stock) That's nearly 11x the money.
Now, for extra fun, lets say you found a local item that is absolutely HOT! As in, you can't keep it in stock, no matter what you do. They sell as quickly as you get them. And, Yes, this type of thing does happen from time to time with some trends. Especially if you can buy it locally where it's abundant and probably under appreciated, and then sell it online where those dying to find one can get their mitts on it. Think Furby, Tickle Me elmo, etc. Yes, they're fads, and will puff out eventually, but in the mean time you can make SERIOUS bank.
So, for this one, I'm going to everything the same as I did with option 2, except, constant sales.
Day 1 Acquire 1 item, Sell 1 item
Day 2 Money received +$98 (2$ to payability fee), 9 Items bought[-90], 9 item sold, 8$ Left
Day 3 Money received +$882 (18$ to payability fee), 89 Items bought, 89 item sold, 0$ Left
Day 4 Money received +$8722 (178$ to payability fee), 872 Items bought, 872 item sold, 2$ Left
Day 5 Money received +$85,456 (1,744$ to payability fee), 8,546 Items bought, 8,546 item sold, 8$ Left
Day 6 Money received +$837,508 (17,092$ to payability fee), 83,751 Items bought, 83,751 item sold, 6$ Left
Day 7 Money received +$8,207,598 (167,502$ to payability fee), 820,760 Items bought, 820,760 item sold, 4$ Left
Day 8 Money received +$80,434,480 (1,641,520$ to payability fee), 8,043,448 Items bought, 8,043,448 item sold, 4$ Left
Day 9 Money received +$788,257,904 (16,086,896$ to payability fee), 78,825,790 Items bought, 78,825,790 item sold, 4$ Left
Day 10 Money received +$7,724,927,420 (157,651,580$ to payability fee), 772,492,742 Items bought, 772,492,742 item sold, 4$ Left
Day 11 Money received +$75,704,288,716 (1,544,985,484$ to payability fee), 7,570,428,872 Items bought, 7,570,428,872 item sold, 0$ Left
Day 12 Money received +$741,902,029,456 (15,140,857,744$ to payability fee), 74,190,202,945 Items bought, 74,190,202,945 item sold, 6$ Left
Day 13 Money received +$7,270,639,888,610 (148,380,405,890$ to payability fee), 727,063,988,861 Items bought, 727,063,988,861 item sold, 6$ Left
Day 14 Money received +$71,252,270,908,378 (1,454,127,977,722$ to payability fee), 0 Items bought, 0 item sold, $71,252,270,908,384 Left
Now, before you say anything about this, NO this isn't something I find very likely to happen[with returns measured in trillions within 2 weeks]. And it's never happened to me to this extent. There does come a plateau point at some point along the line.I mean otherwise, day 11 represents every single person on this plant buying 1 on that day. This is just what is THEORETICALLY possible, based on exponential growth. Basically at some point either you're going to run out of the item/ resource, or everyone's going to have what they need and not need / want anymore. [which is why diversifying is so important for long term goals]
But what this DOES illustrate is the power of exponential growth. The real numbers for what are likely to happen, are far less, I'm sure. But, I'm even more confident that the real numbers are, in fact, much higher than option 1. Because the money is constantly growing steadily instead of quick spurts.
Also, because I know how comments sections are, I have no connection to payability. Nor this channel. But I do intend on looking into payability in the future to see if it's something that'd fit into my own specific workflow situation. If it's not, I won't use it. I'm just saying, don't disregard things without actually looking at them, and factoring in the big picture. You're doing yourself a big disservice.
Failure to do so is why the majority of small businesses fail within the first couple years. Yet I've managed to keep mine going for almost 13 years.
A side note: If your business doesn't meet the $2000 monthly threshold, Payability will automatically reject your application. So don't waste your time if you're not at that level. THEY WILL ASK FOR PROOF.
Thank you he should have mentioned that in the video 😩
@@lemonwater8961 You're welcome.
Yeah there's also a $40/month fee to be an amazon seller as well as $10/month for the profit bandit app after 20 free scans. That's why it pays to do your own research.
Annnnndd there's the kicker. Thanks ✌
@@lemonwater8961 Because he's hawking their service, why would he mention that? He wants to create web traffic for them.
I’m cracking up because I am a book reader and I recently told my coworker that I have been buying books from there for a dollar. I was impressed they had a lot of hardback books.
😃
Ever purchased one that was signed by the Author??
I still have several brand new books that were signed by the author. I almost returned a couple one time, because I already had a copy in my collection, but I realized at the last second they were the wrong books. In truth they were some of the few that I had not looked inside and noticed that they were signed. The cashier's eyes lit up for a few seconds, until I quickly retracted and then brought the unsigned versions back. LOL...
There was a time several years ago, when I used to buy about 2-5 new books every time I went into the $$ tree... I ended up with at least 1000 books. The total number of books I bought filled more than 35 boxes and more than 95% of the books were hard back books. Most of the boxes were those large boxes that hold 10-12 reams of paper for your printer, like when you buy in bulk/by the case, from Staples or any other office supply store. My boxes were slightly nicer and a little larger, but similar to that style of box. More than a third of a large moving truck had boxes of books, with at least 90% that I purchased at the $$ store.
About 12 years ago, I came up with this same idea... While in college; I used to buy my textbooks online and then sell them back to the campus bookstore for more money than they cost online. Or I would sell them online if the bookstore's buy back price was too low. That's how I funded my book/textbook buying during my undergraduate programs and even my Master's program. I was doubling and tripling how much I spent on my college textbooks. Doing this, and then filling my addictive need to buy more books all the time at the && store, made me think about whether people were buying and then selling them online... and at the time I found no one that was doing it, but it worked if you were willing to take the time and get serious doing it.
Anyone remember or ever use Half.com?? I've bought and primarily sold tons of books that way... I first learned about half.com, about a year or two after it first opened. My sister knew someone that I helped for a short time, selling tons of books there. He had thousands and thousands of books. It was as if the main library of a decent sized city, was moving to a different location, and all the books were stacked ready to be boxed, and some of them were already boxed, and then they were just left there unmoved. The space they filled was easily 2000 SqFt. & from 6-8' high of nothing but books. He had no idea how many were there or what books we might find. That was why I was helping. It was nothing but pure heaven for a bibliophile like me. :-D
Justin Taylor that’s funny. I remember buying books cheaper at a different University for lower price and selling them back for more after class. Back then internet was not as accessible like today. I am unsure about the authors signatures, I will check go forward. I don’t know if I will sell my books maybe those books I have more than one copy. I met someone that has 28k books I was jealous. The movers thought I was joking about the boxes of books. They were not happy because I put fragile on the boxes. Most women get excited about shopping. I get excited about looking for books. I have purchased from half.com and alibris.com
So helpful! I just got approved yesterday and have been sourcing. Excited to start. I didn't think I could do it but you're so encouraging. Once I get on my feet and have some extra cash I'm definitely going to be a supporter of your channel! You're awesome!
Nice! You can do it!
And I’m over here trying to make a living by making my own products from scratch 😂🤣 well at least they come out beautifully.
Socorro Turney we all start somewhere 😁
@@kayhershey6390 no.
What do you make?
What products do u make?
Same here, I love doing it but there's not much profit
the Dollar store here, knows. They said, "These are books that would be thrown out....almost every one of these books is over run." If they don't sell at Dollar store they go into the dumpster. You are doing a good thing.
Instead of calling it a mess, just call it organized chaos 😂
That’s right!
So clever.
I love it...lol
I tried this. Several times on amazon and ebay craiglist. I wasnt able to sell any thing. I didnt even lose out luckily because most of time i get them fpr free. But finding whats going to sell..is the hardest fricking part
If you can't wait two weeks for a paycheck you aren't managing your money- your money is managing YOU. I would NEVER give 2% of my hard earned cash up to some random middle man just so I can get paid the day after a sale. Don't use Payability people. (That's the only problem I have with this video that really jumps out at me)
Sometimes you gotta pay to play. It sucks but not everyone has a savings account or predictable income.
@@WBKnoblock Then they should make it a point to learn to how to save because learning how to spend is easy. I know roughly half of Americans don't have a $1000 saved which is just sad.
@@nicholashildenbrand8632 I used to be this way, thank God that has changed
Hey, do you have a 9-5?
Depends tho. I'mo I'd wait for the 100 in 2 weeks. But if I could get 10 real fast, make 30 off of it. 50 +100. But if I had money to start off with then I wouldnt have that problem. So i only see that service as a once time use.
"We're back in the warehouse"
Aka
Extra bedroom in Mom's house
You’re being a shithead again
Hey, if you can cut out rental space to increase profit margins, why wouldn't you? Heck, I'd use my dog's house if there was enough room.
@@Maxavian It should be really, really obvious to everyone here that this is a stand-alone building rent.
@@WBKnoblock Honestly with the intelligence level of MOST people in the world, they probably didn't find it obvious at all.
LMFAO. Nailed it!!
This looks like much more fun than getting paid for mystery shopping and doing random tail surveys. Haha! Thanks for this inspiring video, my dude! :D
Yes! Much better!
I love you. Don’t defend the mess. It’s your house do as you like!
A video on how you source your books using Profit Bandit would be dope to watch next. Looking forward to watching more book arbitrage videos from you.
I never knew about selling Dollar Tree books...great idea!!!
WOW! Reading the comments here...Okay you'all. It's simple. YOU DO NOT have to sell books. Use your imagination, Think outside of the Box! Each $Store is like a yard sale or a thrift shop. A good portion of there product is the same the rest is like Christmas :-)
As in ANY business you have to work, do your homework (and for those of you who do not like homework, Suck it up! or move on!), LOTS of research. You will need to make a 'Game Plan' and stick to it.
You do not have to do it Walters way...BUT he is giving EVERYONE an AWESOME idea. It is up to YOU to make it happen.
In today's economic two things are happening, Homeless is at an all time HIGH!(of no fault of there own; loss a job etc) MANY ways to become your own boss. Some have engineered both together making it work for them.
Don't rag on Mr. Walters' because YOU DO NOT like his idea, others may, and others may even try it out for themselves. It is somebody's 'Cup of Tea', just not yours.
Here's something I use to tell my mom: You don't have to like someone, just respect the differences between you both and move on :-) And if you don't like that one here's one for you: Your Only Limitation is Your Imagination Darling! It has been mine for 20-yrs, you may borrow it :-)
😃
Eh its all hustle i can get a job sitting on my ass making 900 a week playing on my phone as boring as it is better than brain storming costantly on how to make the next hustle
Im not bashing your way of making money but i think what your doing is comparable to having a lamborgini and only ever get up to 30 miles an hour its like you would have all this motivation to keep your mind busy and your using it all to find the laziest way to do it witch pays verry little when all you need to do is apply for the right job and work at it for a while
Coty Kills everyone has a different level of passion and drive.
@ right!!! i was like i'll take 3 of those jobs!
@@cotykills4943 you have peaked my interest. I have 3 phones. Only 1 is on. How can I cash in on your 900 a week job? More info please?
He's likely making more money with that payability link then he does selling books.
You sure about that? th-cam.com/video/66mKnaxNj6E/w-d-xo.html
Nope.
Than* bro Thaaaaaaaan!!!
@@WBKnoblock as an Amazon seller it seems you have to pay $39 per month just in North America. True?
@Karen Morris I seen "Awakened" by P.C. and Kristen Cast inside those Books! They were a very popular Book Series, and the Movie Rights to the Books were also purchased by a Movie Producer to make a movie about them. I was shocked to see that book in that store! I have the whole series, and I love those books!
Hey most people are so happy that someone found the book they wanted they don't care. Loved this . New friend Ruthie
I once found a signed Rick Springfield book!
I don’t know who this is
Walter Blake Knoblock The musician, “Jessie’s Girl”
@GoreJess11 did you keep it?
@@WBKnoblock i feel older than i already am by this question. Lol
How much did you sell it for
Wow. This is the best simplest explain of how FBA works I’ve heard. I’m going to try out this book sales idea today and come back and leave a comment.
Awesome! Don’t forget to try used books too! That’s better IMO
Did you try it?
I got a regular who comes in for books 🤣 90% of the time we know, we just dont care because it's one less thing we have to clean up or recover 🤷♀️🤷♀️
I would be would kinda surprised/upset if someone did care, I mean the store still makes money every time he comes in, what should it matter what he does with products he purchased.
@Melanie G I'm not disagreeing. We get certain buyout items from big box stores that still hold shelf value elsewhere., i was just trying to be funny. I'm the closing shift assistant manager in a high volume store and if someone wants to come in and buy it all I wouldn't even blink; my responsibilities are mostly recovery and cleaning up the store though and the more people buy the less I have to clean up before truck day!. what other people do with their money and how they make that money aint my business❤
I found a 4 CD of classical music for
$.50 at the Dollar Tree.
Love it...background relaxing music 🎶 🎵
wow...this makes so much sense. Yes, you got your point across. This sounds pretty wild.
Good idea. Found 1 of my favorite books from the dollar store. Bought multiple copies to give to friends. 1 thing-since we get 1 earth maybe go in w a huge reusable bag vs taking all the plastic bags. Plastic is 1 of the things killing the environment.
I have a friend who sells items on Amazon. He prefers to sell antique/retro items like board games and thrift store items you can't buy new anymore. He also does an thing I found very odd: he buys normal snack food items like potato chips and sells them on Amazon for double the normal cost (after buying the item on sale). Bag of chips normally $3.99, buys it for 2/$3.99, sells one bag for $11. He said it sells as it is shipping to Amazon because certain flavors of chips, corn twisties, etc. aren't sold in certain areas and people will pay more to get their favorite flavors.
Where I live there 5 different dairies that sell milk and ice tea, and have die hard fans of their taste. If someone moves out of the area/state, some will have a friend bring them a few gallons during a visit just to enjoy an old familiar taste and bring back memories. Strange when your first think about it but it happens. This guy has something, just a different style.
You probably couldn’t wait to use that term. 😂
I appreciate you so much for this. Ive been trying to learn more about Amazon FBA & you explained it soo much more simpler thank you
One of the easiest videos to understand on the subject, thanks!
if you can sell USED BOOKS, the Salvation Army here is FULL OF BOOKS, some are new but the used ones .....one friend does this and PROFITS galore as she knows what to look for....old cook books do so well.
Kitty Mervine I’m at the Salvation Army too they auction book carts all week i can’t wait to buy one
when I was In Colorado there was this Goodwill that had nothing but good quality stuff to include their books. They had limited collector editions of Time and National Geography hard cover books.
Thanks for that info. Where does she sell them?
I have bought several used books from amazon in the past.
Dude, I live in the dollar store for all my “go to” items. Let’s just say you gave me a better idea of what to go for now! ☺️😂😂.
Decent content, useful tidbit. I would advise not yelling the entire time tho
dont worry LOL
Yes. That was annoying, distracting and not necessary.
He’s annoying as fuck
Yeah he a bitch!
He is.freaking annoying
If you cant handle the mess...try being an adult 🤣🤣🤣
I loved that!
'Try being an Adult!'...
I'm Flatlined..😂😂😂
here's one big problem, the books sell on amazon for 5 dollars sometimes, and they even include free shipping. It aint like you get full retail price for the book when somebody else is selling it for 5 dollars, even if you fulfill yourself, by the time you pay shipping you may make 2 dollars, that is on the prayer somebody wants that book. If you could sell it for retail it may work, but not this way
If you want me to help you I need you to watch the whole video.
If you watched it, you don’t understand what’s amazon FBA is. I have stopped explaining things to people that I have made videos on. There are other youtubers who have made great videos about how Amazon FBA works too.
@@WBKnoblock Let me show you what Im talking about. I have a book in my hand, cost me 1 buck at dollar store.
I type in the amazon calculator sellercentral.amazon.com/hz/fba/profitabilitycalculator/index?lang=en_US
cost of item, 5 dollars (thats what its selling for)
selling on amazon fees 2.55
fullfillment by amazon fee 4.92
Total Fullfillment cost 5.17
Cost of item 1.00
Profit: -3.72
Its an organized adult mess lol. Notice he knew where everything was 😂 Very helpful thanks!
I have no idea why I watched this. But hey you got a thumbs up for it and me, well my head is spinning!
mine also lol
I enjoyed it too. Did you have a coffee buzz?
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I wasn't explicitly clear but this is for Amazon.com. If you primarily sell on eBay, you would just use the eBay seller app to look things up.
Hi Walter, thanks for this, going to check it out asap. Is there a way I can contact you privately sometime after I watch the vids ?
Will this work for eBay?
Hey bro hope your doing alright, just wanted to let you know that your link isn't working
Hey Walter, interesting video. I'm looking for the connection here. You spoke of Payability, but where does that come into play? You scan the titles for selling price, you purchase the books, you ship to Amazon. How does Payability fit in and how do you get paid by them? Thanks!
@@normac9931 that's not true, I sell high volume and they're a lifesaver, especially since dipping out of my personal funds to do business stuff is a bad habit.
That book is being sold for .10 plus shipping used and $2.37 plus shipping new on Amazon. You're not going to make your money back, let alone a profit after the FBA fee.
You don’t understand how amazon buy box works
I don't know how I ended up here but this is actually a good way to make a little extra cash on the side if you're frugal. This applies to all kinds of things but be careful of local laws and ordinances. Once you get yourself going you can always get legal.
I am going to look into this a bit. My dollars tree aren't neat like yours and there aren't as many books, but it certainly seems like a good idea. I keep seeing adds for FBA but they show flashy cars and vacations with free seminars that are trying to sign you up for their system. Thanks for your info.
My $0.02? DO NOT PAY THEM ANY MONEY, I teach all that stuff for free on youtube.
Friendship with me 🙏
This is awesome. Thanks for spending the time to break it out in such detail, what a cool side hustle
So far I am very happy with *MyOnlineSelling. Com* The suppliers list is impressive! It helps big time that they have already checked them out so I can contact them with confidence. Also, I am a beginner and have lots of questions and I can honestly say the their support team is super helpful - good vibes. And that's my 2 cents :-)
I recently read that the owners of Dollar Tree are thinking of raising prices store-wide, so they'd be like other dollar stores where stuff actually costs more than a dollar. And here I was a few months ago, thinking of trying exactly what you did in the video (but with more than just books). Depending on how much they raise prices on items, it could end up cutting into the profit, and making the effort not worth it. Hopefully it doesn't happen anytime soon.
By the way, great video, it answered some questions I had about the whole FBA process.
Check my channel for more informative FBA videos- there is a lot to learn. The dollar store angle is just a fun gimmick to learn the process.
Most things are not worth more then dollar if they raise prices peoe will quit shopping. I.go there to get things that ate to expensive at other stores.
I read the same. What I understood was they are thinking of "closing" all of the Dollar Trees and re-opening them under one of their other store names where they sell things for a dollar and up...
4:52 I see Febreze and scented fragrance air fresheners, these seep into your surroundings like clothes, books, it soaks into everything! This is something buyers will notice if their products smell like nasty air fresheners if you spray that around your products!
you are channeling Seth Rogen right now....i gotta go check out payability
It has been one of the best decisions I've made for my online business. It's a real directory with real wholesalers,drop shippers, and manufacturers, So I highly recommend if you are looking for a honest, and reliable directory for your business you should go with *MyOnlineSelling. Com* You won't regret it.
My dollar tree doesn't sell books probably because of people like you lol hahah keep up with the good work..
No
mine sells books but instead of displaying like this they stack sideways so you hafta turn them all toward the spine to see titles...
wth
Different DTs keep different products in stock. Your local store may not have much demand for 📚 🤷.
@@sarahbraswell-gonzalez2529 Haha so true
What do u mean by "you people"? 🤣🤣 j/k
I used to go to thrift stores and select books I thought would sell. I would bring them home, and go on Amazon to see what they were selling for used. Sometimes I could make a profit worthwhile, and sometimes not. Occasionally, I would hit gold. Sometimes a book would be quite rare and be selling for a lot. I was at one point making $300 per month after expenses. But I will say that it is labor intensive. After listing the book on Amazon, if it sold, then I had to make sure it was nice and clean, package it up well, and take it to the post office. I might make $4, $5 or $6 on it, maybe. Leftover books I would take back to a thrift store and re-donate them. As I said, it is labor intensive, and not for everyone. Cost of postage (back then), wrapping material, gas to go to the post office, time and effort (whew!) I could have just gotten a part time job and done much better.
Did you watch the video? I show a process that takes the guess work out 🎩
I am going to use your payability link oh, but I want to make sure I get a name of my business and find out about taxes and tax ID numbers and not losing my disability. Thank you so much for your videos. It's lovely that you're sharing your knowledge.
This was good. Wasn’t sure what to expect when I saw the Dollar Store.
Thanks! I am trying to tip toe the line between clickbait and useful content so happy it was acceptable!
Just found you and I dare say, this is gold
Little known fact: I can't spell profit either, but I am happy to make a profit! But this guy is HILARIOUS. Glad to have stumbled across ya
I believe you mean P-R-O-I-F-T. :D
Did you sell all the books? How many left?
I actually think he looks like Seth Rogen + James Franco's love child.
I was definitely thinking James Franco! Same eyes!
A good Legal side hustle is always a plus! Good stuff man!
I found a book at the Dollar tree. Ended up being $46 when I scanned it
Dang! Nice!
@@WBKnoblock You mean if he sells it himself for anything close to that. Then yes it would be "nice" then!
How much did you sell it for?
Are you familiar with the predictability of sales rank? When you understand it, trends become apparent.
Hi. Can you explain again what you said about sending/ shipping the items to amazon? what is the cheapest way to do it.
After you are an Amazon seller, you will be able to log in and use UPS with Amazon's rates -- a great deal for sure but something to be considered. Amazon has LOTS of warehouses and you might have 50 books and 40 of them go to one warehouse and the other 10 are spread out between 3 or 4 warehouses. There are all kinds of ways to work around that but, mainly, if you don't have enough product to make a decent sizes shipment you are going to be paying more. Not a naysayer. Amazon can turn some good money but you have to pay attention and know what you are doing -- read all of the online training and such because, otherwise you won't make any money and will have lots of troubles -- and don't forget, Amazon can kick you off, forever, without any explanation so you are always playing by their rules -- so you better know them. I don't think it is nearly as easy as it used to be to make money with retail arbitration.
Can you please make the video step by step like the first step to the end to understand the process. Thanks
Honestly. By the end I was lost.
@@skysthelimitforeveryoung3437 There's added fees he didn't bring up either. $40/ month for an amazon seller account and profit bandit is $10/ month after 20 free scans. Every book I've looked up so far I'd be negative in profit. Just a heads up.
WOW!!! This I did not know.
@@WhatTheFishFry I have seen similar warnings . Can anyone provide any other insight or feedback on high inventory storage fees, these fees and mounting costs.
@@skysthelimitforeveryoung3437 That's what happened to me also I was totally lost by the end.
Unless things have drastically changed in the last few years, you'd be shocked at what Dollar Tree pays for books. We owned a mom/pop dollar only store and books were our highest profit item. Depending on qty. the per item cost could go as low as 15-25 cents. And crossword/find-a-word paperbacks, 10-15 cents. It was unreal!!
Where did you find your books?
I love books.
@@carole.strain8306 I wud like to know too where they found the books
@ thank you. I guess I just find out where books r sold in wholesale..
Furthermore, it's an ungated category to sell with FBA - Fullfilled By Amazon....huge plus. Makes it a shitload easier to get started. Especially now that the ecom craze is going bananas.
Out of all the time I been to dollar tree I never knew they sold books lol
I legitimately have over $200 worth of books from Dollar Tree that I have piling up @ the bottom of my closet bc I just can't bear to toss em out after I'm finished reading them. this is great info! thank you!
Sell em!
Friendship with me 🙏
Out of the tens of thousands possibly hundreds of thousands of videos I've seen on TH-cam I've never seen somebody give credit the people who helped them makes the videos
Welllll they don’t actually help make the videos but that are members of my $3 Patreon group. So like helping me make the video, in spirit.
Lol. The best part of your videos, besides them being very educational, is your humor. I couldn't help but notice how neat and organized your Dollar Tree store was. You wouldn't see that in my neck of the woods ☹
what area are you from? mine are disorganized aswell😂
@@Baylor_ I'm in NYC
Desiree Salas A month ago I discovered you have to go to Dollar Tree in the morning. By the evening it’s a war zone.
There humans plus it's new York bunch of entitled selfish sacks of shit i hate people
I purchased some dollar tree essential oils books and sold them $8.50 each thanks so much
Good work!!
Wow! I buy books from Dollar Tree just because I like to read. Didn't know I could make money selling them!
I have sold Dollar Tree books as well not on Amazon I never thought of that thanks for the idea but I have sold their books for at least $5
Ebay?
Sorry I may have missed this but how much profit total did you make off your $35?
Right so did you sell all the books and if so did you profit?
I would like to learn more so I can sell books from the Dollar Tree
The real catch is thrift store trust me I’ve never thought about this but I find the cheapest steals from thrift store mostly new stuff too like I like new cheap things and I actually just got an idea from you to sell some of the things I brought thank you!
Thrift stores are where I get 99% of my inventory, got lots of videos on it 💵💵💵
TIAOFNEBULA not in Mexican dominated town
When submitting your receipt to Amazon for Dollar Tree items that you sold.... do you have to take a picture of the item with that receipt as well? I'm just getting started in this information would help me as I don't want to make a mistake and get my account suspended. Love your videos thank you
A heat gun and Goo Gone takes off that white label they use to cover the UPC code on the cover. I use a baby wipe with a drop of dawn on it to wash off the greasiness from the Goo Gone. The book covers are surprisingly water resistant.
I'm somewhat of a learning-disabled slowpoke ding-a-ling, BUT I think I could do this...
i feel you.
Gen. Dollar: You dare exploit my merchandise and re sell it for your own gain?
Walter Blake Knoblock: Of course!
Gen. Dollar: Great job. I thought someone was going to do this one day if I offered low priced merchandise.
BRO!!!! I said this before 👍🏾👍🏾👍🏾 GREAT IDEA
Hi Walter! Thank you so creating an awesome video. You explained Amazon FBA in simple terms in under 12 minutes - outstanding!! You have a new subscriber buddy.
Is this still a good way to get started now? What about dealing with returns etc?
Great vid as always! I wish my Dollar Tree had that many books, but its the thrill of the hunt sometimes = ) Thanks man
CHAD MAYTON You can go to Salvation Army and Goodwill they have tons
I love when you do these types of videos 🤑 one day im gonna figure this out lol💖
Plain and Simple just the way it should be. That’s why I share on my channel as well. Thanks.
Does it not concern anyone that we will eventually have EVERYTHING consolidated to one company/source? Sales, Alexa, etc - everything tracked, everything controlled. Short term profits do not compensate for long term forfeiture of basic, constitutional freedoms...
I honestly believe these "we sell everything" stores are going to give birth to a resurgence of the mom and pop small businesses. People like to touch things, try them on, and that's not going to change any time soon. I'm already seeing more small businesses opening up and it's amazing that people are willing to pay a little more for the ability to support a local business. Lots of times, it's not even a lot more. Bring concert tickets back to the record stores and they'll be back too!
I don't give a damn about the long term. I want money now! Right now! My grandchildren can die by the hand of Big Brother which is Amazon for all I care or just starve to death as long as my comfort needs are met. Have a nice day.
@@arnoldziffel7831
Triggered by intelligence I see
What label are you printing and putting over the barcode to ship to Amazon? The Mfg. barcode from the ISBN or an Amazon barcode?
The Amazon barcode or FNSKU that you print out. You put that over any other barcode.
The sales rank is over 2 million!! Come’on this is a terrible buy. This might take up to year to sell.
That is not my experience.
@@WBKnoblock I'm sure it varies from title to title but how long doea it usually take to sale a book you send in to Amazon. And can you elaborate on storage fees Amazon charges to keep items that dont sale after 30 to 60 days? Thanks
@@WBKnoblock me neither Walt...and what if it does - I mean nobody said you gotta send it in today - you can check keepa and see it's seasonal info and just hold it at the house. You don't make any money on the books you don't buy. Plus, let's just say you stub your toe on this, so to speak...well, you learned some shit you didn't know a minute ago....the road to success is paved in failure.
Question if you don't mind. Amazon wants me to show proof of a supplier when I sign up to sell. Can I use dollar store recites or how do you do it?
try saying you buy them at flea markets?
What are you trying to sell? If you're restricted on that item then getting cleared is a long process and receipts won't work, but for selling books you don't need any proof of supplier
@@Coolguy26250 oh I got you. I didn't know that. I used to sell tv boards on there
@@Coolguy26250 So even if I have Ooodddlleeess of Books that are in AMAZING no different than just purchased condition I can legally sell them...? Appreciate It King!
@@jacquijasieniecki9931 even if they're in used condition you can still sell them, but if it truly looks brand new fresh out the store you might be able to list as new but otherwise list as used
Dog u are my favorite youtube finance guy. Ur the only non smug one and u look like ur having fun instead of acting like ur better than everyone
there's a lot of people who like to have fun! they just don't have as big of channels lol
Just out of curiosity, what is your return percentage and how do returns affect your business?
Hey Chance, I do books on FBA as well. I range about 50-100 books sold a month. I have been doing it for about 4 months, and throughout this time, I have only had maybe 2 returns. Which I tend to just send back with my next shipment anyways. It's not a deterrent, at most you're looking at 2-4% loss in revenue from returns.
@@TwayGaming do you have to remove the DT sticker before sending to Amazon?
@@ClaudiasBurningInk I would reccomend thaf you do. If I bought a book from Amazon and decided to remove the Amazon SKU sticker and then found an underlying sticker from dollar tree I'd be annoyed Haha. Amazon says there should be no other stickers or price tags on the books besides the seller SKU. You also want to remove it to minimize any sort of negative feedback. Also looks much more professional 👍.
@@TwayGaming Whats your profit so far? Do you purchase from the Dollar Tree? This is so awesome!
@@theremodelstudio2750 I have not purchased from dollar tree, but I do purchase from any thrift/mom&dad thrift store I can find. When I started, I was sourcing books for maybe 5-10 hours a week. Within that time, I'd find roughly 300-500 worth of profit. Then you have to add the time it takes to get your first shipment set up, which seems hard at first, but after a couple tries it becomes natural. You'll see that you will develop your own sourcing methods, and your own best times to go out sourcing for books; when to rotate to the same store; when these stores have sales; and etc. I can't tell you how much now, but with just an extra 10 hours a week you can definitely make an extra 500-1000 a month, depending on the finds.
Also all the negative Nancy’s on here are funny. Y’all are just mad because he is making and doing his thing to survive and be successful on his own. So anyways more power to you for your upbeat fun informational video. Forget all the negative 👎 people!
Right they are jealous of him, I used to resell books on Amazon years ago but my account got suspended. I wish I could get back on their you can make a shitload of money just selling books on Amazon
@@peacefuldays4255 why is your account banned?
@@investornabil8825 my boyfriend at the time gave me some dvds to sell once we saw how easy it was with the books, turned out the dvds were bootlegs from China that's how it got suspended.
“If you can’t handle the mess, try being an adult.” Informative, funny and genuine....Thank you.
Friendship please 🙏
Friendship with me please
You have to do what you can for your size Hustle that works!
Romper Bomper Stomper Boo --Reading out the names like that reminded me of Romper Room! Mostly Baby Boomers will get what I'm talking about. : )
Yes, except for the fact that she used to say, "I see..." before a name. Remember? I see, Edward & Thomas, oh, there's Amber & Grace... lol back in the good old days!
I haven't heard of them in decades LOL Memory's :-)
Hahah yesss I remember that, loved that show!! Wow that ages me! 😂
Lol I work for dollar tree man lol. I'm not mad tho make that money a hustler recognize a hustler 🤘👌
You gotta good attitude Josh - Hey - give Eric my best too brah!!!
@@jasonbunner6114 what he had a piss poor attitude
Reminds me of my old high school teachers never knew if they were hollering at us or just excited 🤣🤣
😂
“If you can’t handle the mess...well uhh try being an adult!” 😭😭😭 I felt that