Which retailer shall I target next?

So basically, I am a retail arbitrage type of dude looking for my next prey LOL.

I have been given my walking papers from a company I have been targeting for a few years, and I'm looking at where to zone in on next. I have a few ideas but I thought I might attempt to recruit the wisdom of OzBargain at large and basically crowdsource the optimal new host.

I am mostly interested in Bunnings, Repco , Big W and QBD books. But am very open to other suggestions.

Big W cancels all my online orders (we have a past), so this makes it tricky to go commercial scale with them (though far from impossible). Repco really wants me on deck but I don't love their clearance lines and I kind of want to diversify out of just automotive stuff if for nothing other than keeping my shopping exciting (I do it for the adrenalin rush of finding bargains too LOL). Bunnings has no idea who I am or anything. I have only done very small stuff there.

How I operate is on the ground basically. First, I will study the clearance lines of the retailer. Then I will go around store to store and scope out what is happening on the ground. I will learn all the little intricacies of the company at a micro level whilst partaking in some small scale acquisitions as to justify my time in going around and such.

Over time I become a familiar face at the stores and they learn about why I am actually there. Then deals come to me, information comes to me about what is coming up for clearance etc.

So stores with alot of non online deals would be good prey for me. Stores with alot of inconsistency happening from store to store (this is actually one of the reasons why I chose Bunnings). And big stores where I can fly under the radar are preferred (because once Head Office finds out they generally send me a legal letter to stop targeting their outlets).

Yes, I do realize that this is mostly a place for individuals to get a bargain and not for commercial type buying. But I am going to be commercial buying regardless of OzBargain (and was doing so long before I ever joined here). Also, I am a person that is happy to share my treasures here. Over the past few years I have let millions of dollars in bargains pass me by quietly, because I wasn't on OzBargain. I either didn't have enough money to buy them all, didn't have enough space to keep them all, or just realized that I already have way too much stock that I haven't had time to list on eBay yet so the last thing I should be doing is buying even more.

For years I have looked on OzBargain and kind of laughed that none of the actual bargains and serious deals are ever posted here. Seriously, they are not. Most of the REALLY good bargains are gone instantly to people that target the stores and have insider knowledge about what is happening (friendships with managers and stuff). So shall the forum help me in my new quests, I shall help the forum by posting my treasures here as I see fit.

To be quite honest I am looking for the retailers that are most ripe for my strategy and ones where I can acquire massive amounts of stock very inexpensively using my methods.

Suggestions of which retailers, what you have noticed about how they operate, and why you think they would be a great target?

closed Comments

                • -2 votes

                  @brendanm: I will upload my PayPal receipts.

                  How do I upload and how much are you betting?

                •  

                  @brendanm: That inspired me to look up my total.. https://imgur.com/HabnygM

                  (Not reselling crap - I used to sell custom made stuff).

          • +2 votes

            @DisabledUser390713:

            I am still allowed to shop at Supercheap Auto as an everyday customer (which I am grateful for) but I am just not allowed to target them commercially anymore.

            Why would they still allow you to have a trade account?

            • +9 votes

              @spackbace: He's their biggest trade customer! They aren't so crazy they'd throw away that whale.

              • -3 votes

                @brendanm: I'm gonna post that PayPal receipt I just want to know how much you're betting first?

              • +1 vote

                @brendanm: The receipt uploads are at the bottom of the thread for all to see. $42.99 each for me.

                Enjoy!

          •  
          •  

            @DisabledUser390713: You said SCA had stopped doing business with you.

          •  

            @DisabledUser390713: I'm interested…what are you selling these for?

            •  

              @innocent bystander: I sold out of them ages ago I'm afraid. They went quick. Sorry. I gave the last 10 away as Xmas gifts.

              I am banned from commercial quantities at SCA and given I abused buying those drills before it will just get my Trade Account locked if I brought more.

      • +28 votes

        OP ..

        Last I checked my criteria was netting me millions per year in stock

        Also OP …

        I want to stay under $75K sales right now

        • +2 votes

          Yeah these two parts struck me as not particularly in step with each other. Makes no sense

      • +4 votes

        Frankly, I want to stay under $75K sales right now as I don't want to do the whole GST thingy just yet.

        Woow hold on there buddy. Not so fast.

        Last I checked my criteria was netting me millions per year in stock.

        This is not how GST works. GST is on your annual turnover. If you sell over $75k (not 75k profit) then as a business you must register for GST otherwise you would have to pay 10% out of your pocket.

        You sure can't keep Up with your lies. Just quit it mate as you think you know things, yet you don't know things.

        • +9 votes

          Adding to this, he doesn't want to be registered for GST when purchasing said millions in stock (to claim back the GST) but will inevitably be registered for GST when selling it (paying GST).

          I'm not getting the "I'm so smart" vibe from OP, just the opposite.

    • +1 vote

      Think there might be some unpaid item cases incoming..

  • +14 votes

    The evolution of Broden…

    • +1 vote

      The real one.

      And people love to hate, causing Bargains to be OOS.

    •  

      not sure if it is evolution
      more like attempted name change LOL

  •  

    So basically, I am a retail arbitrage type of dude looking for my next prey LOL.

    I have been given my walking papers from a company I have been targeting for a few years, and I'm looking at where to zone in on next. I have a few ideas but I thought I might attempt to recruit the wisdom of OzBargain at large and basically crowdsource the optimal new host.

    I am mostly interested in Bunnings, Repco , Big W and QBD books. But am very open to other suggestions.

    Big W cancels all my online orders (we have a past), so this makes it tricky to go commercial scale with them (though far from impossible). Repco really wants me on deck but I don't love their clearance lines and I kind of want to diversify out of just automotive stuff if for nothing other than keeping my shopping exciting (I do it for the adrenalin rush of finding bargains too LOL). Bunnings has no idea who I am or anything. I have only done very small stuff there.

    How I operate is on the ground basically. First, I will study the clearance lines of the retailer. Then I will go around store to store and scope out what is happening on the ground. I will learn all the little intricacies of the company at a micro level whilst partaking in some small scale acquisitions as to justify my time in going around and such.

    Over time I become a familiar face at the stores and they learn about why I am actually there. Then deals come to me, information comes to me about what is coming up for clearance etc.

    So stores with alot of non online deals would be good prey for me. Stores with alot of inconsistency happening from store to store (this is actually one of the reasons why I chose Bunnings). And big stores where I can fly under the radar are preferred (because once Head Office finds out they generally send me a legal letter to stop targeting their outlets).

    Yes, I do realize that this is mostly a place for individuals to get a bargain and not for commercial type buying. But I am going to be commercial buying regardless of OzBargain (and was doing so long before I ever joined here). Also, I am a person that is happy to share my treasures here. Over the past few years I have let millions of dollars in bargains pass me by quietly, because I wasn't on OzBargain. I either didn't have enough money to buy them all, didn't have enough space to keep them all, or just realized that I already have way too much stock that I haven't had time to list on eBay yet so the last thing I should be doing is buying even more.

    For years I have looked on OzBargain and kind of laughed that none of the actual bargains and serious deals are ever posted here. Seriously, they are not. Most of the REALLY good bargains are gone instantly to people that target the stores and have insider knowledge about what is happening (friendships with managers and stuff). So shall the forum help me in my new quests, I shall help the forum by posting my treasures here as I see fit.

    To be quite honest I am looking for the retailers that are most ripe for my strategy and ones where I can acquire massive amounts of stock very inexpensively using my methods.

    Suggestions of which retailers, what you have noticed about how they operate, and why you think they would be a great target?

    Wait, don‘t delete it. Maybe we don’t get what you are saying? Can you reword it as a tl:dr?

    • +1 vote

      He's a professional "Flipper" that targets retail store's "Aged stock" and trying to buy them at a bargain price to resell on ebay. He's asking us "which stores to target next?" after gloating his conquests to date.

  • +6 votes

    I was so confused on what the hell is OP talking about and only after reading comments I realised he is just a discounted item reseller on ebay.
    Sheesh OP did you really have to drag it out???

    Also, why should we help you out on reducing the amount of good deals available (in the future) to us?
    This (offerring??? of yours) does not seem to bring any benefit to the community except you.

  • +4 votes

    I have more ways to help you earn millions

    • Broden ozbargain deals
    • Scalping console/gpu
    • Dropshipping
    • Sell garage sale items for profit

    Wow! I'm so smart!

    • +9 votes
      • Dumpster Diving
      • +1 vote

        Watch it!

        One alleged death in Burleigh Heads, Gold Coast

        Proceed in pairs. Always.

    •  

      Your forgot start an onlyfans.

  •  

    and post the deals here after I have already taken all the stock. LOL.

    Childish much?

    prey

    You remind me of the "lion" guy in the Korean game show The Genius from s2e1, who was first to be eliminated.

  •  

    Joke Post?

    • +6 votes

      MarksMarkdownMarket
      Member Since 10/04/2021

      Atleast it is something fresher than another car accident thread.

  • +2 votes

    Hey OP
    As you probs became aware, this might be the wrong forum to ask because it clashes with the objective of this forum for most users.
    However, there are other places where similar activities are encouraged - unfortunately the ones I know of seem to be U.S. and not Australian sites.
    I personally am not offended at someone having a crack earning some money, and lots of people with successful business started off with ventures like this initially. I happen to know a few friends personally who did something similar, and have grown enough that they now have "respectable" bricks and mortar businesses that source supply from wholesalers, overseas etc. Everyone has to start somewhere and not everyone starts out with the capital, experience or connections to jump straight in to something bigger.

    I know you are getting hammered right now but if your business does take off I am sure you will have lots of new friends ;)

    • +2 votes

      The friends of those mentioned in these comments in a private fb group.

    • -5 votes

      Yeah I know which is why I said:

      "Yes, I do realize that this is mostly a place for individuals to get a bargain and not for commercial type buying. But I am going to be commercial buying regardless of OzBargain (and was doing so long before I ever joined here). Also, I am a person that is happy to share my treasures here. Over the past few years I have let millions of dollars in bargains pass me by quietly, because I wasn't on OzBargain''

  • +3 votes

    So shall the forum help me in my new quests, I shall help the forum by posting my treasures here as I see fit.

    If you aren't sharing the deals for everyone to have a fair go, but you're buying them all yourself to resell to us, then you're just another junk dealing store rep and will be treated as such. Be careful. Maybe become an active participant in the community for more than a week? Your SCA tip on your prior post was a good start, but nobody will read that info on an OOS deal page.

    Earn our trust.

  • +4 votes

    For years I have looked on OzBargain and kind of laughed that none of the actual bargains and serious deals are ever posted here. Seriously, they are not. Most of the REALLY good bargains are gone instantly to people that target the stores and have insider knowledge about what is happening (friendships with managers and stuff). So shall the forum help me in my new quests, I shall help the forum by posting my treasures here as I see fit.

    Yeah that's not how it works here.

    How to piss off a community without trying.

    You've already stated that you've only managed to scoop up deals by buying in bulk, something no one here can, or will, do and they'd need to use you as an intermediary, allowing you to make profit on the way through which makes the discount pointless.

    An example is you walking into Big W, buying the whole clearance rack at a discount, then coming on here and offering the items at a mark-up but being cheaper than retail. Meanwhile you've prevented anyone here from buying directly from Big W, straight off the rack



    And of course you're already trying to hock your shit on here

  • +11 votes

    So you go against everything that Oz bargains does/did stand for.

  • +23 votes

    You should go to Woolworths/Coles and get the lettuce scraps and then make full lettuces out of them.

    2nd suggestion. Go to Bakers Delight on closing, take all the bread they would dump and make it into breadcrumbs, or sell it the next day at a market stall.

    Your welcome.

  • +9 votes

    First OP buys out the clearance shelf, so the rest of us only see OOS.

    Now OP want us to tell him where to “hunt” next, so that we get even less deals, or would “ posting my treasures here as I see fit”. What? as ebay deals with your markup. 🤣

    The world needs more givers, not takers.

  •  

    "SCA dumped me (the bosses at Super Retail Group decided to dump me, basically)"

    I wonder why…

    • +2 votes

      SCA wouldn’t give a shit… this is just coded talk for “SCA found someone else that was willing to pay more for the shit they don’t want than I was willing to pay them…”

      • +1 vote

        Probably got fed up with antics:

        https://www.ozbargain.com.au/comment/10326615/redir

        • +5 votes

          What a load of bollocks. SCA would be happy to sell anything to anyone in any volume if that person/company was willing to cough up the biscuits. It’s more like OP was being a complete and utter pest. This whole thread is just one long troll/bullshit.

    •  

      I think they're prejudiced against individuals with autism. Can't be any other reason.

    • +1 vote

      by that, OP probably means the manager at his local store told his sales not to waste time with him. but it doesn't sound as impressive does it

  • +14 votes

    MarkMarkdowarkets - From now on I will purchase commercial quantities (as I have always done), and post the deals here after I have already taken all the stock. LOL.

    Yeah you are an A hole, then you blame it on autism. Not cool.

  • -2 votes

    I like your character, you come across to me as a very passionate, ruthless, evil but charismatic clearance item hunter / re seller who enjoys boasting of his crimes while basking in profit glory, a hint of used car salesman. I have no advice for you (I am certain you have mastered your own craft) But I do wish you all the best in your business ventures.

  •  

    I have a family member who looks for clearance items then sells them at a markup on ebay…is that what this is?

  •  

    Can someone tell me where to post my PayPal receipt so that I can link it in this forum?

    •  

      upload to imgur.com

    •  
      •  

        I uploaded a screenshot of my PayPal receipt for me buying 4 of them power tool kits. Not sure if everyone can see it.

        And here too
        https://imgur.com/a/O8BsjFw

        •  

          lol.. how much did you flip them for on gumtree 12 months ago?

        •  

          Amazing, why not sell these on eBay, as they are something you could actually sell? It's almost like you can't actually buy them for that price now, and it was simply a price error or similar. I only get $40 off that kit, how sad 😭

          • +1 vote

            @brendanm: Looking at trade direct price on the sca website. It looks like it's one of those jb hifi special monthly deals.

            It seems every month some of their products are discounted and you can buy them for cheap.

            Ps total transaction includes things you buy/sell over the lifetime of your account.

            Op said 2k sales, but total lifetime transaction is 189…I mean that's still a fair amount of money, but I think op has overexaggerated his total sales (revenue wise) as well as total products sold.

            Too many holes in the story

            • +2 votes

              @mbck: You were actually looking at Brendan's sales history, not mine.

              https://imgur.com/csqRQyj

              Mine is here. 1,600 sales total and $85K USD (which is about $110,000 AUD).

              That is over the life of my eBay account.

              I have 416 feedback in the past 12 months. Right? 616 feedback as a seller total. 416/616 = 67.53%

              0.6753 * $110,000 = $74,285.71 AUD p.a. in sales

              As I have been maintaining ALL ALONG, I am purposefully keeping my sales JUST BELOW the GST threshold.

              I have just broken this down into simple maths for the forum.

              • +7 votes

                @DisabledUser390713:

                I have just broken this down into simple maths for the forum.

                Not sure if you mean to sound condescending.. but..

                • -3 votes

                  @randomusername2017: Well there's simpletons here mate plain and simple LOL.

                  Telling me I am not getting any sales and stuff. I had more than 1,000 sales (and just under $75K revenue) in my first serious year. And that is with constantly going away on holidays to Brisbane and Melbourne and putting my store in holiday mode for weeks at a time.

                  Asking me why I am not reselling ToolPRO on eBay for cheaper than SCA when they are the manufacturer. When they are the ones supplying me with the tool kits. I mean, c'mon.

                  Insulting me constantly and attributing numbers to me that I didn't even post.

                  It does make you question things.

                  •  

                    @DisabledUser390713: You can lead a horse to water but…

                  • +3 votes

                    @DisabledUser390713:

                    Well there's simpletons here mate plain and simple LOL

                    are there any other disabilities or shortcomings you would like to make fun of for public consumption?

                  • +1 vote

                    @DisabledUser390713: So OzB are a group of simpletons, yet you come here to ask this group of simpletons directions for your next business move?

                    • -8 votes

                      @arkie0: In taking my comment out of context, you are making my targeted rebuttals into sweeping generalisations whilst somewhat ironically and inadvertently twisting your distorted assumption into truth by your very example.

                  •  

                    @DisabledUser390713:

                    and just under $75K revenue

                    You still have not told us how much profit you make. Revenue only matters for the tax man. We are after the real number.

                    •  

                      @No ONE: He buys for $90,000 AUDD, and sells in total for $74,285.71 AUD plus ebay fees.
                      Total profit: negative 25,714.29 plus Ebay fees.
                      Because it is negative OP is proud because he thinks in finance a negative result is good as is the case with the Covid-19 tests!

                  • +30 votes

                    @DisabledUser390713: Mate, referring to others as simpletons then crying autism as an excuse for your piss poor behaviour is honestly disgusting. When people are “mocking” your sales and such they’re aren’t insinuating you aren’t making any sales they’re insinuating that you aren’t anywhere near as successful are’s you claim to be and you aren’t. Your “commercial” level business makes less money a year than I do as an individual at my day job and unlike you I don’t spend god knows how many hours going through store to store all over the state and country spending a ton in fuel and wear and tear on my car, I don’t spend a ton on storing stock, countless hours indexing stock,adding to my stores blah blah blah . You’re talking 60+ hours a week to maybe get away with making 100k annually if you up your game. This whole bs of holding millions in stock and selling for millions eventually is just that bs. Your idea isn’t new. Your strategy that claimed to be what you’re doing isn’t efficient if you aren’t doing it yet but will be soon you’ve negated to mention all the additional costs that go with maintaining and holding commercial level quantities on discounted stock and using an individual seller platform (just eBay, really?) to move commercial levels. One bad buy and all your capital is going to be tied up in said buy costing you money for each week and month you fail to clear out a bulk of that stock. So stop acting like you’re original or better than people cause you’re not. This attitude you have despite what you may see in TV or movies it not how you get ahead. You aren’t a shark don’t try to be one or you’ll get crushed by a whale.

                •  

                  @randomusername2017: But, he has a good reason to be condescending! /s

                  https://www.ozbargain.com.au/node/617653#comment-10351024

              • +5 votes

                @DisabledUser390713: Don't get me wrong, you've done well for the first year to go from 0 to 110k. That's a fair effort tbh.

                But there are issues:

                1) considering the item you showed was bought at 18% of rrp. And considering you have bought 1 million worth of stock, that means you've paid 180k, which you've sold 110k earning you -70k. This is not including other costs (warehouse rent, outgoings, personal labour, car/fuel,shipping).

                Even considering you paid 10%, then you are up 10k. Note 10-18% may be on items that are more likely in demand. You will be buying things that will be very hard to sell too (I'd imagine these are potentially the 200 for 5k rrp products) and this will bring down your average. I don't know the specifics of your stocks, you'll have to do your analysis on them. But this is not why you're here. The issues are below.

                2)you need to sell more items but if you buy too many, head quarters will be flagged and you lose suppliers just like that. Leaving you with stock that you can't sell.

                3)you need to find more stores to find more items. So you get to pick the good clearance items. I know you know this is key hence why you are here. Unfortunately this is the wrong forum to ask.

                4)your option seems to be targeting big physical stores, ideally closer to you. But I'd imagine you've done this. So now you've started to target other states. However this brings with it more expenses (constant travel to build relationship and identifying clearance items as well as shipping costs).

                Again you've done well starting from 0. No one can take that away. But there are big challenges moving forward. But since you have a 10 year outlook, no doubt you have a good cash reserve to weather the storm and build upon your first year.

                Good luck in your entrepreneurship.

              • +2 votes

                @DisabledUser390713: So, let me get this straight:

                You can buy the one item that may make you actual money very cheaply (allegedly), but you only buy 4 of them, and not 1000.

                SCA sell you these items at below coat price for some unknown reason.

                You are their "biggest trade customer in australia", yet they know longer let you buy.

                While apparently not letting you buy, they let you keep your trade membership.

                You have "millions in stock", but have sold $60k worth of stuff so you "dont have to register for gst".

                Sound about right?

              •  

                @DisabledUser390713: So you're throwing away 10% of profit because you can't be (profanity) to do a BAS?

              •  

                @DisabledUser390713: Can you link your ebay account, please so we can see this achievement with our own eyes?

  • +25 votes

    Lol edits post then Neil our Community Manager posts the original content back. Hahahaha gold.

  •  

    Just buy at those closing down auctions if you want commercial quantities. They happen all of the time.

  • +1 vote

    I do something similar but on a smaller scale by choosing one particular product line at a time only. I put around a 40 - 50% mark up on my cost price and make around $500 to $1K per month in my spare time.

    •  

      How many hours do you put in to make that 500-1k.

      •  

        About 3 to 4 hrs per month

        •  

          That's $250 an hour! Very impressive.

          • +1 vote

            @w02m08w: Yes. I could do more volume and drop prices but this way I do less work, have less stock, less risk and less inconvenience in my busy life.

    •  

      Scalping Playstations?

      •  

        No. People on Facebook can't even sell consoles for $50 more than retail. No warranty as well so they will be chasing you down if there is a problem.

        •  

          I saw people selling PS5 for a lot more than retail.

          •  

            @Mistredo: listing them for 1500 and selling them for?

    •  

      Sounds like GPUs!

  • +3 votes

    You should consider selling example collection tiles.

  • +23 votes

    It's like you're having a pissing contest with yourself. No one cares

    • -8 votes

      But you are here. Again. After I ignored your first nonsense comment.