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Profit First

Public • 956 • Free

48 contributions to Profit First
👘 Best Sale Of The Week👖
Everyone post their best sale of the week!
23
143
New comment Aug 16
👘 Best Sale Of The Week👖
13 likes • Aug 5
No exciting items this week, just consistent sales, which I’m excited about. Was just shy of 25% up July over June.
Online and Retail Arbitrage
I’m trying to get better at doing online arbitrage and retail arbitrage outside of shopping at goodwill. What advice do you guys have on both?
9
16
New comment Aug 7
2 likes • Aug 5
You guys also have access to an app that will alert you to price drops. It’s called something like Deal Soldier. Jride flips talks about it. I’ve been dipping my toe in the water with TK Maxx (aka TJ Maxx in the US).
Amazing jeans video
If you arent following L. Rowe Fisher you should be. Almost all of his videos are deep dives into one specific: jeans, or Hawaiian shirts, or polo shirts or cargo shorts. He has them all on a spreadsheet and shows you the list and the STR of each one as well. He also has a really dry sense of humor and cracks jokes along the way, plus his cats pass through while he is taping. Its just a really fun. They are usually really long videos, he spends a lot of time researching. Check it out!
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6
New comment Aug 5
3 likes • Aug 5
Just found him the other day. He’s awesome (and loves cats too!!!).
listings
how many listing should a new account make a day?
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27
New comment Aug 2
6 likes • Aug 1
I only started in January so am still new. The worst thing I did was to compare myself to experienced people on YouTube who talk about doing 20, 50, 120 listings a day. I was overwhelmed. I think, more importantly, is to learn to do your listings correctly. Spend the time to look at sold listings, titles, keywords, how they do their photos, etc. It may take you longer, but you’ll get sales and your confidence will grow. You will get quicker I promise. Another good thing about listing what is around your house, is you’ll get a feel for what interests you. You don’t have to sell what YouTubers sell. You do you.
Goodwill is getting wild
Just got done sourcing, and yall goodwill is going insane. $30 for jeans?? $80 for shoes??? I'm gonna have to face my fears and start going to the bind 😭 I just know most of this stuff is going to end up there anyways..
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21
New comment Aug 2
3 likes • Aug 1
It’s the same with the big corporates in Australia…but: 1. They are inherently lazy, so they know the brands like Levi’s and Nike, but miss loads of brands that go for a higher price. 2. The stock sits there and doesn’t get sold, so they lower prices. 3. Some store managers are pragmatic, and price appropriately, you just have to work out which ones and build relationships. 4. At some stage, they are going to hire a ceo that gets they are in the business of getting free and selling low and that their mandate is not to compete with resellers. Until then, they are in the storage business and not making as much money as they could. 5. There are lots of little op shops and church op shops that are amazing. Just keep looking bud….the stuff is there.
1-10 of 48
Amanda Beattie
5
235points to level up
@amanda-beattie-2896
New seller, started January 2024. An everything seller at this stage. Australian based.

Active 6h ago
Joined May 27, 2024
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