I got those questions off a couple people out of say 10 close friends about what’s a morally wrong profit on reselling my items but unless it’s a clear red flag leave for someone who genuinely needs that discounted priced item, then I have no issue morally with what profit I make at all due to me not doing anything secretive. It’s a open world guys and if you do your looking and searching you’ll find the same items I do in abundance also. Charity shops have been the best lately on clothing items, vinted has been good too.
Great vlog George It is a good winter option if you are short of stock and there are some good deals around, I agree with you on the electric blankets, the only difference I do is avoid electricals I try to look for something that is less likely to become a return, TK Max is a great source, shoes, and clothes etc, then even if they are returned maybe for a size issue you can still sell them on again 👍
It's a mug's game scrambling around after one-off deals that have been published anywhere. You would have to do all that leg-work again next week. The best way to do RA is to find a consistent supply and sell multiples, using the shop as your warehouse. Anyone making regular money from RA doesn't share the specific products!
I can’t see the ethical difference in clearing shelves of toys or kettles and toasters on Clearance and profiteering off people over Xmas during a cost of living crisis, or electric blankets when people are trying to keep warm. Money is tight for everyone so what’s the difference if you’re making money off people who are trying to get a cheap kettle or people who are trying to keep warm. Profiteering off new items is the same, regardless of the item. If you can do it with Toys then why not electric blankets? Ethics go out the window. You either do it for everything or not at all. Personally, I think it’s wrong clearing shelves over Xmas to make a killing but that’s just me. Everyone sees it differently. It’s different when buying second hand from charity shops but literally clearing shelves of stock over Xmas doesn’t really sit well with me. Again, that’s just my personal view and each to their own.
It's capitalism, he's not price gouging, he's not hording toilet paper during a pandemic, he's not buying up all the hand sanitizer when everyone needs it and flipping it for £20 a bottle . He's simply buying toys from a supermarket which will restock the next day. You don't think Tesco profits off of those in need...how much do you think he's spent at Tesco in his life? About time he profited off of them.
@@nogymrequired7534 I know what capitalism is but I prefer socialism to corporate greed but let’s not compare a self employed reseller to Tesco. That’s just stupid 😂
But then what's the difference between him profiting and Tesco profiting?. So, why is it fine for Tesco (or whatever retailer) to profit but not individuals, I can guarantee Tesco are making more profit selling things for full price than any reseller is. Also, it isn't like it's a closed shop and only he has access to these prices, everyone has the same opportunity to buy this reduced stuff.
Nice content George - and you're right about people being too lazy to return a supermarket trolley to the trolley park! Hope you and family have a fab Christmas - it will feel extra special as the Gunners are on top ;)
I mean, if people are trying to stay warm and want to spend money because someone else in the market is providing less value to them for their money, it seems like if you can provide a cheap alternative it's actually your moral duty to buy those electric blankets and make sale. The whole point is these retail stores value the space and new stock more than you do, so you "get them for cheap". You hold it and someone buys it online because they don't want to go to the store. Although buying them out of stock with the intention of no one being able to get one and then marking them unreasonably high is unethical as it's a monopoly.
Retail arbitrage toys from Tescos are ok in theory until you see ebay is full of folk selling them and taking a risk for less than a tenner, I just took 4 x Funko 4 packs back on the 30th day after purchase and got my money back. Plus some of those funkos are Tescos/Walmart exclusives so no listings exist on Amazon.
@@RetroReselling appreciate your response. Would you send to Amazon even if it was only 1 of each item or would you need a certain amount of units per item? Does it matter if you are doing a bunch of different items on your store or do you have different stores for different items? Also would you send those clothes from TK Maxx to Amazon? Sorry about all the questions, I really appreciate your help. Went to TK Maxx today after watch your video so thanks.
Hi George. Love the vid been trying a bit of RA and not done too well. Just a quick one why do you say plus postage or deduct postage when it's covered and is game back to you when selling on eBay?? Cheers.
He's deducting it because other sellers were offering free postage so he was working out their profit after postage and fees. I know I'm replying to an 8 month old comment so probably not relevant anymore by hey ho. 😂
Why not? There’s plenty of reduced goods to go around as not everyone will be shopping in the same area - it’s good to be helpful - George probably makes enough to not worry about sharing his secrets so isn’t gonna be greedy and mean thinking he can’t help other people who want to resell. He’s not part of a secret society!
As long as something us illegal I wouldn't worry ethically. Those who can't afford things shop around! I'd love a video on how you get through the post Christmas period. Selling now is easy but after the Christmas celebrations less people are buying!
George two things have you ever considered in going to antique centre they may have stuff in there that you may wont. Also you maybe surprised on the bigger shoe sizes of trainers they do tend to sell.
You could also apply that to any customer who buys a reduced product who isn’t hard up though, so where do you draw the line? Tesco don’t care who they sell it too they just want the shelf space. Also bear in mind that these things don’t just fly off resellers shelves either, there’s a lot of time and effort involved and they can get stuck with stock for a long time. Anyone can go and shop for these items at the same time as resellers - as you can see as George is walking around the shelves are not being absolutely emptied by resellers - he’s hardly in a scrum for the bargains
@@dando1898 in life and reselling you have to think of yourself , if you found a rare 50p would you only charge 50p because of its monetary value no , the energy companys are making so much profit of us
Question, does anybody know a eBay online profit / fee calculator, that is accurate ? I have never found one yet that is right, so let me know, cheers.
Do you still use retail concierge I'm brand new to reselling and disabled so I need an income as these days the benefits are not enough to live on any help and advice you can give another man would be fantastic cheers in advance
Fascinating! Not sure I'd buy electrical from small resellers, worry about damaged goods, returns & warranties. Are you as seller liable for faulty returns in first year, not the manufacturer? Or do you return to shop? Ethics & capitalism are not natural bedfellows!
I've been out today doing some retail arbitrage. Went in Home Bargains, Asda, Tesco then ended up in my local charity shop. Listed a couple of cups and a bowl I got in Asda which was easy to list because they were replacements for ones I'd already sold and the new ones sold within a couple of hours of me doing a 'sell similar' so a good start. I never buy clothes, even in charity shops, I am blessed with a shopaholic daughter who buys so many clothes then when she runs out of room she passes them on to me. So many of them are worn once or twice or even have tags on. I have a pile of 16 pairs of leggings next to me that I'm currently listing. Nothing is really expensive makes, she likes Pretty Little Things, New Look etc but they cost me nothing so it's all pure profit.
Retail arbitrage is very time consuming not to mention the fuel cost not saying it can’t be worthwhile but easy to be a busy fool. You need deep pockets too. I used to get trolleys loads from Tesco around the Midlands from 2013 for a few years but the good deals got less and less
@@liamtucker5862 well if I owned a shop and people were coming in and reselling my stuff at a higher price I wouldn’t like it, I know it’s legal but I just wonder if they can refuse to serve you if you for example clear a whole line of clearance stuff and take it to the till.
@@evernew23 if they’re selling it cheap it’s because they want rid. These large retailers often sell things as a loss leader, meaning they will lose money to try and get you in to buy other stuff. They don’t care what you do with it they just want what they ask.
@@evernew23 i can sort of see their argument they want the most money for the item because it’s for charity, unfortunately unless they start selling online they’re never gunna get the prices that you can online. Happy hunting.
Tk max for me is only good on womens clothing, shoes and make up and home stuff. The mens stuff is all overly priced still for tkmax. Basic puma t shirts £12.99-£16.99. Massimo Dutti polo for £29.99-£59.99, Ralph Lauren prices of what a retail Ralph store sell for still 😂
Love the content mate but resell concierge is a massively over subscribed group everyone bricks the retail arbitrage items . Stick to second hand in my opinion
No idea why you give away all your tricks… there’s no chance in a million years I’d give away my reselling tips on where to source stock especially now every man and his dog are looking to make some extra money.
Some people can't get out and would love an electric blanket delivered to their door. Saves hassle of getting the car out, parking and all the trouble. So I would have bought a couple and then would not feel bad.
I got those questions off a couple people out of say 10 close friends about what’s a morally wrong profit on reselling my items but unless it’s a clear red flag leave for someone who genuinely needs that discounted priced item, then I have no issue morally with what profit I make at all due to me not doing anything secretive. It’s a open world guys and if you do your looking and searching you’ll find the same items I do in abundance also. Charity shops have been the best lately on clothing items, vinted has been good too.
My respect for you just went up with the ethical decision over electric blankets
Great vlog George It is a good winter option if you are short of stock and there are some good deals around, I agree with you on the electric blankets, the only difference I do is avoid electricals I try to look for something that is less likely to become a return, TK Max is a great source, shoes, and clothes etc, then even if they are returned maybe for a size issue you can still sell them on again 👍
It's a mug's game scrambling around after one-off deals that have been published anywhere. You would have to do all that leg-work again next week. The best way to do RA is to find a consistent supply and sell multiples, using the shop as your warehouse. Anyone making regular money from RA doesn't share the specific products!
yessssss 😀👍 have a great weekend mate
Agree with you completely with the electric blankets 🤘🤘
What do you say & do to people that say they didnt recieve item? Thanks for your video's. Goodluck.
I went in there (max) a few times and spent hundreds but some of it took so long to sell, it's quite an investment.
B&M have an app where you can scan items for prices
I can’t see the ethical difference in clearing shelves of toys or kettles and toasters on Clearance and profiteering off people over Xmas during a cost of living crisis, or electric blankets when people are trying to keep warm. Money is tight for everyone so what’s the difference if you’re making money off people who are trying to get a cheap kettle or people who are trying to keep warm. Profiteering off new items is the same, regardless of the item. If you can do it with Toys then why not electric blankets? Ethics go out the window. You either do it for everything or not at all. Personally, I think it’s wrong clearing shelves over Xmas to make a killing but that’s just me. Everyone sees it differently. It’s different when buying second hand from charity shops but literally clearing shelves of stock over Xmas doesn’t really sit well with me. Again, that’s just my personal view and each to their own.
Yea same
It's capitalism, he's not price gouging, he's not hording toilet paper during a pandemic, he's not buying up all the hand sanitizer when everyone needs it and flipping it for £20 a bottle . He's simply buying toys from a supermarket which will restock the next day.
You don't think Tesco profits off of those in need...how much do you think he's spent at Tesco in his life? About time he profited off of them.
@@nogymrequired7534 I know what capitalism is but I prefer socialism to corporate greed but let’s not compare a self employed reseller to Tesco. That’s just stupid 😂
But then what's the difference between him profiting and Tesco profiting?. So, why is it fine for Tesco (or whatever retailer) to profit but not individuals, I can guarantee Tesco are making more profit selling things for full price than any reseller is.
Also, it isn't like it's a closed shop and only he has access to these prices, everyone has the same opportunity to buy this reduced stuff.
@@CBCB78 not too sure if socialism works though tbh
Here in West yorkshire we have indoor Car boots I think we have 3 indoor ones as a friend buys from them all the time
BUT YOU NEED TO GET PERMISSION TO SELL ON AMAZON OR U SELLING ON ANOTHER SITE LIKE EBAY ?
Nice content George - and you're right about people being too lazy to return a supermarket trolley to the trolley park! Hope you and family have a fab Christmas - it will feel extra special as the Gunners are on top ;)
Hi mate , what are you going onto and looking at when you are seeing how much they’re selling for on ur phone ?
I would also be interested 🎉😊
Can you tell me please what app do you use on your phone to help you find prices
thanks George 👊👍 great vlog
B&M have an app which you can use to scan items as you go round. Might save you time to price check items if there aren't price tags.
Came here to say the same thing missed a trick there just use the b&m scanner it will tell you what they’ve not got around to reducing yet
I mean, if people are trying to stay warm and want to spend money because someone else in the market is providing less value to them for their money, it seems like if you can provide a cheap alternative it's actually your moral duty to buy those electric blankets and make sale. The whole point is these retail stores value the space and new stock more than you do, so you "get them for cheap". You hold it and someone buys it online because they don't want to go to the store. Although buying them out of stock with the intention of no one being able to get one and then marking them unreasonably high is unethical as it's a monopoly.
I've just signed up for FBA to go alongside my eBay 2nd hand clothing business. Good to have multiple options!
Retail arbitrage toys from Tescos are ok in theory until you see ebay is full of folk selling them and taking a risk for less than a tenner, I just took 4 x Funko 4 packs back on the 30th day after purchase and got my money back. Plus some of those funkos are Tescos/Walmart exclusives so no listings exist on Amazon.
What platforms would you sell these on mate? Thanks so much for the videos.
For best results I'd send them into Amazon FBA or if not that then eBay 👍🏻
@@RetroReselling appreciate your response. Would you send to Amazon even if it was only 1 of each item or would you need a certain amount of units per item? Does it matter if you are doing a bunch of different items on your store or do you have different stores for different items? Also would you send those clothes from TK Maxx to Amazon? Sorry about all the questions, I really appreciate your help. Went to TK Maxx today after watch your video so thanks.
There’s nothing ethically different from buying toys and clothes to resell then an electric blanket it’s all the same.
Hi George. Love the vid been trying a bit of RA and not done too well. Just a quick one why do you say plus postage or deduct postage when it's covered and is game back to you when selling on eBay?? Cheers.
He's deducting it because other sellers were offering free postage so he was working out their profit after postage and fees. I know I'm replying to an 8 month old comment so probably not relevant anymore by hey ho. 😂
About the electric blanket thing, if it doesn’t feel right George. …..?
Would you return the items for a refund, that you cant sell?
How long have you got before returning them? Excellent video but not sure about giving your secrets out.
Why not? There’s plenty of reduced goods to go around as not everyone will be shopping in the same area - it’s good to be helpful - George probably makes enough to not worry about sharing his secrets so isn’t gonna be greedy and mean thinking he can’t help other people who want to resell. He’s not part of a secret society!
As long as something us illegal I wouldn't worry ethically. Those who can't afford things shop around!
I'd love a video on how you get through the post Christmas period. Selling now is easy but after the Christmas celebrations less people are buying!
In B&M try the Doctor Who and the Batman stuff, especially the Who items as they can resell fast, particularly to Australia. Brilliant vid!!
George two things have you ever considered in going to antique centre they may have stuff in there that you may wont. Also you maybe surprised on the bigger shoe sizes of trainers they do tend to sell.
So your buying stock that customers could buy who are possibly hard up for money and raking in profits to me this sounds wrong but crack on
You could also apply that to any customer who buys a reduced product who isn’t hard up though, so where do you draw the line? Tesco don’t care who they sell it too they just want the shelf space. Also bear in mind that these things don’t just fly off resellers shelves either, there’s a lot of time and effort involved and they can get stuck with stock for a long time. Anyone can go and shop for these items at the same time as resellers - as you can see as George is walking around the shelves are not being absolutely emptied by resellers - he’s hardly in a scrum for the bargains
yes id sell the blankets because bm are also profiting off them
If people are daft enough to pay im bad enough to charge them.
@@dando1898 in life and reselling you have to think of yourself , if you found a rare 50p would you only charge 50p because of its monetary value no , the energy companys are making so much profit of us
Another great educational video George nice 1 mate
Glad you enjoyed it!
Question, does anybody know a eBay online profit / fee calculator, that is accurate ? I have never found one yet that is right, so let me know, cheers.
How do you know what the eBay fees will be. Is it always 15%?
mine run at an average of 16% across all my store
If you really needed to sell the Electric Blankets to provide for your family then I don't see any issues. But I think you made the right decision. 👍
Do you still use retail concierge I'm brand new to reselling and disabled so I need an income as these days the benefits are not enough to live on any help and advice you can give another man would be fantastic cheers in advance
Do not buy products that need new plugs. If the product was to cause a fire, then you may be liable
The end of summer they sold loads of board games off for 50p-£2 the ones that are 2 for £12 in B&M
Fascinating! Not sure I'd buy electrical from small resellers, worry about damaged goods, returns & warranties. Are you as seller liable for faulty returns in first year, not the manufacturer? Or do you return to shop? Ethics & capitalism are not natural bedfellows!
I've been out today doing some retail arbitrage. Went in Home Bargains, Asda, Tesco then ended up in my local charity shop. Listed a couple of cups and a bowl I got in Asda which was easy to list because they were replacements for ones I'd already sold and the new ones sold within a couple of hours of me doing a 'sell similar' so a good start. I never buy clothes, even in charity shops, I am blessed with a shopaholic daughter who buys so many clothes then when she runs out of room she passes them on to me. So many of them are worn once or twice or even have tags on. I have a pile of 16 pairs of leggings next to me that I'm currently listing. Nothing is really expensive makes, she likes Pretty Little Things, New Look etc but they cost me nothing so it's all pure profit.
Ah man! I bought one of the TP Link extenders a couple of weeks ago. Wish I’d gone to Tesco now 😂😂
Good on you for sticking to your morals, re electric blankets 👍
Retail arbitrage is very time consuming not to mention the fuel cost not saying it can’t be worthwhile but easy to be a busy fool. You need deep pockets too. I used to get trolleys loads from Tesco around the Midlands from 2013 for a few years but the good deals got less and less
If you fill the trolley and run out without paying it’s very worth while.
I have thought about going to the max with a few hundred and seeing what I can upsell 😁
Asda sell used clothing, maybe worth looking at
Hope you have a Tesco Reward card George and get your points they soon mount up 👍🏻
But did you make profit ?
I know all those stores, been in them many a time.
This does not work lol. End up with loads of stock that does not sell. Buy used guys, it's so much cheaper and more profitable
I always wonder if your allowed to do this, I mean if they knew you were buying to resell could they refuse to serve you?
Why would they? They don’t care what your doing with it
@@liamtucker5862 well if I owned a shop and people were coming in and reselling my stuff at a higher price I wouldn’t like it, I know it’s legal but I just wonder if they can refuse to serve you if you for example clear a whole line of clearance stuff and take it to the till.
@@evernew23 if they’re selling it cheap it’s because they want rid. These large retailers often sell things as a loss leader, meaning they will lose money to try and get you in to buy other stuff. They don’t care what you do with it they just want what they ask.
@@dando1898 I wish charity shops would see it that way as well, Some of them definitely don’t like resellers I know that from personal experience
@@evernew23 i can sort of see their argument they want the most money for the item because it’s for charity, unfortunately unless they start selling online they’re never gunna get the prices that you can online. Happy hunting.
You not be better off going to Costco?
Tk max for me is only good on womens clothing, shoes and make up and home stuff. The mens stuff is all overly priced still for tkmax. Basic puma t shirts £12.99-£16.99. Massimo Dutti polo for £29.99-£59.99, Ralph Lauren prices of what a retail Ralph store sell for still 😂
Love the content mate but resell
concierge is a massively over subscribed group everyone bricks the retail arbitrage items . Stick to second hand in my opinion
Lovely video, love watching you
Get back out to the charity shops . There full of goodies this time of year.
No idea why you give away all your tricks… there’s no chance in a million years I’d give away my reselling tips on where to source stock especially now every man and his dog are looking to make some extra money.
What tips are you taking about? Going into a shop buying something and selling it for more. That’s literally all resellers do.
Some people can't get out and would love an electric blanket delivered to their door. Saves hassle of getting the car out, parking and all the trouble. So I would have bought a couple and then would not feel bad.
staff keep alot of the things
Hi George, go to screwfix for the plugs, 86p each
Tkmaxx used to be so much cheaper and better brands. Everyone is doing something to make money. 👍🏻👍🏻