First, I just wanted to wish everyone a happy holiday. May you all get some good listing in if you have the free time like I do right now! We don’t have family visiting until Saturday, so we have been able to take everything at a slow pace. 🙂
Re-Selling Black Friday Deals
These types of sales are ideal for the Retail Arbitrage family that’s out there. They can buy a large amount of items online and have them shipped to their home. I’m not into the whole FBA scene though, but I’m not against making an easy profit!
Last year, I was able to go to Ikea and get some items to re-sell. The interesting thing about Ikea’s selection is that it’s not available online! The ones that were up for grabs were Duktig Fruit and Fish sets.
I bought 5 of these and 5 of their counterparts (the fish dinner set). 1 of each went to my daughter in her play kitchen for Christmas – she LOVED them!
That leaves 4 each (8 total). I sold on eBay and Amazon. The negative about Amazon is that I don’t sell enough to be allowed to sell toys during December.
- Purchase price – $33.85
- End Selling Price – $143.92
- Fees and Shipping/Handling – $37.69
Total Profit: $72.38
I definitely made a profit on these, but is it worth it? I doubled my money, but it almost took a year. That’s not ideal, but I’m not really in a rush to sell any of my items. Slow quarter is better!
In the end, I didn’t have to take pictures, I was able to list super quick, and they were really light and easy to ship. I’d probably do the same deal if an Ikea was closer, but it’s not worth the hour drive. If it’s close to you, these items are probably 50% off, and you can cash in!
One last friendly tip is that a lot of thrift stores have sales on black Friday! All of my local Goodwill stores are opening at 7 and have all of their inventory at 50% off!