Did I really sell underwear while in my underwear? Well, sort of. When I was able to obtain 10 packs of Men’s Calvin Klein underwear during Amazon’s Deal of the Day and resell them for $8 profit each AND sell most of them while I was sleeping (yes, in my underwear) then I guess it WAS true!
Today is May 7. What am I doing? Buying things every single night from Amazon to sell on Amazon in Q4, better known as ‘Amazon to Amazon flips’. What am I buying and how am I finding these deals you ask? Well, lets just say there are great deal sites out there constantly updating price drops on Amazon. I’m finding a ton of college and pro sports items (ie. apparel, etc) at crazy prices right now since we are in the offseason for many. Think in those terms: What else is in the offseason? Winter activities and sports. Look for items that are relatively pricey come November-January and see what they’re going for now? Try Ski/Snowboard gear, winter jackets, pajamas, etc and if they’re 50% off or more just buy them and hold. I’m buying $100-300 worth of items each night that I am without any doubt going to make at 100%-200% ROI come Q4.
If you want to know how to do Amazon to Amazon flips like a FBA ninja you need to read Chris Green’s Online Arbitrage book (see my full review). My one tip: Go check out Keepa.com and get cooking on their daily drops section.
Get ahead of the pack right now and reap the profits come Q4.