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One of the most frequent questions I get when I tell people about Products for Profit/ RA is:
“Why would people buy that stuff from you at an inflated price online when they can just get it from Walmart, Target, etc themselves?”
Good question, here are some thoughts-
Short
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“Why would people buy that stuff from you at an inflated price online when they can just get it from Walmart, Target, etc themselves?”
Good question, here are some thoughts-
Short
As an example, I have a certain toy that seems to sell well.
I buy it for $6, sell it for about $20 and make about $5-8 profit per item after shipping and fees.
Why would anyone buy it for $20 when I am finding it at Walmart for $6?
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I buy it for $6, sell it for about $20 and make about $5-8 profit per item after shipping and fees.
Why would anyone buy it for $20 when I am finding it at Walmart for $6?
Could be one of several things:
1) I live near 5 Walmart stores. Maybe they only have one in the area and it is out of stock/ not stocked there.
2) Maybe their local store has a higher price.
3) Maybe they don’t want to take the time to go to the store and $ is no object.
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1) I live near 5 Walmart stores. Maybe they only have one in the area and it is out of stock/ not stocked there.
2) Maybe their local store has a higher price.
3) Maybe they don’t want to take the time to go to the store and $ is no object.
4) Maybe they don’t know they can get it more cheaply. This one makes people squeamish sometimes, but if they’re happy to pay $20 and I’m happy to get it, we’re both happy.
Researching prices on the internet is not a difficult task, and
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Researching prices on the internet is not a difficult task, and
I’m not familiar with any other line of business other than reselling that people malign for not telling their customers they can get the items cheaper elsewhere.
Target certainly doesn’t advertise that Walmart is cheaper, and vice versa.
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Target certainly doesn’t advertise that Walmart is cheaper, and vice versa.
5) They want new items at slightly below Amazon’s going rate or faster than Amazon can deliver.
Depending on the object, you may be able to beat the Amazon price or at least get it there faster if they’re out of stock or the item is FBM.
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Depending on the object, you may be able to beat the Amazon price or at least get it there faster if they’re out of stock or the item is FBM.
So there are five quick reasons people might be willing to buy an item for $20 that only cost you $6.
But, I don’t need to know all the reasons why they do it, just that they do.
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But, I don’t need to know all the reasons why they do it, just that they do.
Over the last month and a half since joining Products for Profit I’ve sold $960 worth of items on eBay ($400 profit) and $200 locally ($100 profit).
I’m just a small fish in this group and I’ve made $500 in about 6 weeks, which for our family is huge.
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I’m just a small fish in this group and I’ve made $500 in about 6 weeks, which for our family is huge.
If we spent more time putting in the work to get to stores and list items, I’m sure we’d be even further along.
Several times a week, the group sends updates on profitable items & where to find them.
They give you all the tools, tips, & tricks to buying, selling & shipping.
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Several times a week, the group sends updates on profitable items & where to find them.
They give you all the tools, tips, & tricks to buying, selling & shipping.
I don’t know anyone who has put the effort in and failed.
If I can do it with two kids, a full time job, and two side jobs, you can do it too, probably even better!
If I can do it with two kids, a full time job, and two side jobs, you can do it too, probably even better!
If you’re curious about Products for Profit and have questions, send me a DM, or check out my affiliate link below.
Join using my affiliate link, and I’ll send you a free course on flipping books as a thank you.
https://gumroad.com/a/758215795
Become">https://gumroad.com/a/7582157... yet another PFP success story!
Join using my affiliate link, and I’ll send you a free course on flipping books as a thank you.
https://gumroad.com/a/758215795
Become">https://gumroad.com/a/7582157... yet another PFP success story!
