My local Bed Bath & Beyond recently had a moving sale because they are in the process of moving a few spaces down in the strip mall that they’re located at. This gave me the opportunity to buy plenty of new products marked down by 60% to 90%. Plus, with my extra $5.00 off or 20% off coupons that I used, I got some really good deals. There are two items in particular that surprised me on how quickly they sold. Since I have sold out of them and am unable to replenish them, I’ll share with you what they are.
I bought the first two at the end of May for $5.49 each. Within 48 hours of them being active on Amazon’s website, they both sold for $19.95 each. After fees, my profit was $7.65 each. Not the greatest return, but I made my money back plus a couple of dollars. Since this was one of my first sales, I was very excited and went back to Bed Bath & Beyond to buy more of them. By then, the price dropped to $4.00 each so I bought four more. Again, they sold very quickly and this time my profit was $9.26 each. So, I more than doubled my money. I went back to BB&B and bought the rest of them up and again they all sold very quickly. Unfortunately, my cherry pitter run has come to an end because the BB&B is now closed.
Grill Daddy Replacement Brushes
Every few days I would stop at BB&B on my way home from work. Each time I went there they had different items for sale and on my fourth visit, they were selling Grill Daddy Replacement Brushes. I bought six of them for 80 cents each and they immediately sold at $6.48 each. Since they sold so quickly, I went back to BB&B to grab up the rest of them. By then, they were marked down further so I paid 50 cents each. I sent them in and again they sold immediately. After fees, my profit for each one was between $2.04 and $2.54. The variance is due to the different prices that I paid and in one case, one buyer purchased two of them at the same time. My FBA fees were lowered for that transaction.
I believe that both products sold well because we are going into the summer months. Cherries are plentiful at the grocery stores and it’s BBQ season.
Note: The above Amazon links are my Amazon Affiliate links. I am no longer selling those two products.
What’s Not so Hot – Being out of Inventory
As you can see, I found two products that were profitable and sold quickly. If I could buy more of them I would, but I can’t because that BB&B store has closed down. So, based on my experience with those two items, I learned that I need to find great selling items that I can replenish.
It’ll be nice to find a product that sells quickly and to be able to go out and buy more of that product before I’m out of stock. I haven’t found that item yet, but am on the lookout for it.
Please let me know if you have had any “hot” items that you ran out of. Also, please leave any questions or comments about FBA below because I would love to hear from you. Thank you for visiting!
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