[GET] Flipping Costco - Paul James (brand new course)

[hobbynobby]

(11-10-2016 04:58 AM)webman9 Wrote:  So this is basically retail arbitrage using amazon and ebay. It focuses on using costco as your "supplier" and not using fba but shipping the items yourself.

Yes, I just watched all the videos. Very, very basic. And you are right, it's about using Costco to supply and you don't buy the stuff first, you list it using the Amazon App on your phone (after setting up your own Amazon Seller's Account) and then when someone buys it, you buy the product and then ship it yourself.

However, you can also, if it's a good item at a great price, buy them first and then send them in and have Amazon fulfill the orders. You may make less money, but it's pretty much set it and forget it in that case. Also, Amazon pays it's sellers every 2 weeks, so if you use this system and list the items and only buy them when someone orders it, you are still having to use your own money to buy and ship because you don't get the buyer's money right away.

This just scratches the surface with this type of retail arbitrage.

Thanks for sharing the product because I would have been pissed if I bought it. There was nothing in this course that was new to me.

[ArnieAbrams]

I also doubt that a seller of such a 'miracle' money making method (aka buy-low/sell-high(er)) is going to mention that Amazon is going to butt-rape FBA sellers in the coming months.

Think I'm kidding? They announced in (I think) September that they WOULD NOT ALLOW SALES OF INVENTORY NOT ALREADY IN FULFILLMENT CENTERS DURING XMAS 2016! That means that if you didn't already ship your Xmas stock to a FBA center...you were not going to do business on Azon in 2016.

They didn't give any advance warning (to most of us), just sent out an email saying 'As of today, any items not currently in inventory will not be allowed to be listed for sale from X to Y date, blah, blah, blah).

They are also gradually 'gating' (requiring advance permission to sell) more and more categories, and brands within categories.

Amazon as a free ride is gradually leaving the station, IMHO.

[blackhatgrey]

@jendaceo, thanks for share rep +5
rep+5 @BigDaddy for mirror

@jendaceo
Why list this post as "F-lipping C-ostco - P-aul J-ames" ?
When people search "Flipping Costco" they won't be able to find it, so they may create dupe threads!

[hobbynobby]

(11-10-2016 04:24 PM)ArnieAbrams Wrote:  I also doubt that a seller of such a 'miracle' money making method (aka buy-low/sell-high(er)) is going to mention that Amazon is going to butt-rape FBA sellers in the coming months.

Think I'm kidding? They announced in (I think) September that they WOULD NOT ALLOW SALES OF INVENTORY NOT ALREADY IN FULFILLMENT CENTERS DURING XMAS 2016! That means that if you didn't already ship your Xmas stock to a FBA center...you were not going to do business on Azon in 2016.

They didn't give any advance warning (to most of us), just sent out an email saying 'As of today, any items not currently in inventory will not be allowed to be listed for sale from X to Y date, blah, blah, blah).

They are also gradually 'gating' (requiring advance permission to sell) more and more categories, and brands within categories.

Amazon as a free ride is gradually leaving the station, IMHO.

You can thank Chinese knock-off sellers for this "gating". More and more counterfeit products are being sold on Amazon, so they are getting very, very cautious with many categories. I myself have seen more of my new products have to be "verified" with receipts and purchase orders before I can even list the products and send them in. I understand why they do it, but it does make it all the more harder for small business Amazon FBA sellers to keep making good profit margins.

[helena]

Thank you all for this wonderful discussion and reviews.

BBHF is a great community.

[Volition]

Thank you for the share jendaceo, btw the mirror is currently down, thank you BigDaddy for your mirror and thank you for the reviews Niterain and hobbynobby + reps!

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Big thanks to jendaceo for the share + rep!

[larryt50]

@BigDaddy Thanks for the mirror Reps given

[crescent70]

[b]Mega link is dead, not available now.[/b]

[gho5t]

Just updated DL link in OP. :)