How Often Does Big Lots Have Friends and Family Sale
Become MY DAD'South BIG LOTS SCOUTING Report HERE!
I spent my last three lunch breaks here with my dad.
Why yous might ask? Well it'due south considering I was waiting on this email:
Instead of buying a bunch of products, I actually spent the fourth dimension to do a niggling scouting.
I was able to observe around xv new items I will be purchasing this Sabbatum (on height of the xx old finds that I will be buying again).
My favorite find?
I institute a health and personal care production that costs $four normally ($three.20 during the sale) that is currently for sale on Amazon for $24.99 (non FBA) and I volition make $xv.47 per unit for a return of 483%.
And that'due south just the commencement of the list of items I put together yesterday.
You might exist wondering why I'm and then excited.
It's actually pretty simple. The 2d shop I always sourced was Big Lots (per my dad's recommendation).
I found these Benadryl lotions that were discontinued from main retail outlets. There were 2 full displays in the back of this Big Lots.
I did a quick search and saw that these lotions sold in a ii pack for $25 with a sales rank nether 10k in Health and Personal Care.
They toll a full $2 a unit of measurement at Big Lots. So I bought both displays.
Every unmarried unit they had in stock.
And over the next month, I sold every 2 pack that I sent into Amazon.
I fabricated a killing from 1 observe at Big Lots.
Then I went to the next Big Lots and looked for more than of these units. No luck.
So I went to another one. No luck.
The next ane? Same thing.
No affair how hard I looked, I could non find any more of these lotions at any other Big Lots inside a three hour drive of my house. They just didn't comport them.
So I did a picayune research online and plant this:
Its department stores sell a wide variety of merchandise, including packaged food and beverages, toys, furniture, clothing, housewares, and small electronics, much of which is closed out or overstocked merchandise. Many of the items in these stores sell out quickly: in the store one day, only gone the side by side, with no replenishments coming. Many other items, such as foodstuffs, are stocked continually.
Did you catch the awesome part at that place?
Many of the items in these stores sell out apace: in the shop one 24-hour interval, but gone the next, with no replenishments coming.
This is a reseller's dream if contest is your biggest business organization.
One time a store is sold out, there is a chance that the item will never ever come up back in stock. And it might non even be available in some other store.
You might literally exist the 1 of the scattering of resellers that can ever get your hand on this product.
If we take a quick look at the economics of this, you tin can see that a express supply provides ii major benefits.I'k not going to use charts this time – I promise (if yous want some charts, you can meet my full write up of the economic science lesson hither):
1 – The number of people that y'all volition compete with on the listing is capped based upon the number of units withal on the market place.
ii – Since in that location is a express supply, we are able to sell these units to people higher on the demand curve (a.k.a. at a higher price).
So if we accept these 2 benefits into account, we can why I'yard a little excited.
Oh. Ane more thing.
This isn't my first rodeo.
When my dad (Jason Wilkey) first told me about this sale, I was not excited at all. Big Lots wasn't ane of my favorite stores and I honestly didn't have the best of luck sourcing it at all!
That was until this time last year when my dad, my brother, and I headed down to Florida for a fun little weekend on Siesta Key.
We left the drome and decided we should stop for some breakfast. And what do you lot know!? In that location was a Large Lots around the corner.
My dad took us into the Big Lots and started showing us some of the items that he had bought tons of over the concluding few months. He then messaged his friend Travis Ross and got a few more items to look for at a new Big Lots.
And you know what? He found a few items that he hadn't seen in ages.
That is when I saw where the existent money is to be made at a Big Lots.
So I hope y'all are as excited every bit I am for this weekend.
And I promise you can now understand why I spent my last 3 lunch breaks scouting and scanning as many products as I could in my local Big Lots.
If you lot haven't had the time to become out and scout out Large Lots before the sale, my dad tin can actually aid with that one.
He has being going (I joined a few times) scouting over the last 2 weeks (6-8 trips total) and he put together a huge list (77 items to be verbal) of items that run across our criteria for purchasing.
And these aren't the same leads that were in either this list or this list from the last sale. These are brand new leads.
Yous tin become the list here.
Side annotation:
If you want to get your coupon and sign up for the rewards club at Big Lots, y'all tin can do so below (I copied and pasted their tweet to make information technology like shooting fish in a barrel):
Coming this weekend! Sign up free now to become early admission! Click here: http:// biglots.ly/60128ulHI to larn more.
Source: https://www.fbamaster.com/big-lots-friends-and-family-sale-one-of-my-favorite-times-of-the-year/
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