Amazon Seller.. Retail Arbitrage sourcing at Ollie's
Hello All, My name is Dan and I have been selling on Amazon as a third party seller for almost six years. My primary means of obtaining goods is through retail arbitrage. In short, this is where I go to a physical store and with the help of various iphone apps, find good deals. The primary store that I source at is Ollie’s. As of the making of this video, Ollie’s has 468 stores in 29 states. Ollie’s plans on opening 10 new stores in the 2023. I love Ollie’s! The employees are helpful and friendly. Rarely is Ollie’s crowded like many of the other stores that having sourcing potential.
In 2022 I had sales of 250K, not bad. My goal for 2023 is going to be a little less that 2022. I will be shooting for sales of 200K for the year, 16K per month.
In this video, I go to my local Ollie’s and Ocean State Job Lot in search of new items. I spend a total of $1700 between the two stores. I share some of the items and my logic behind why I purchased these items.
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