I came across a news story yesterday about a man who makes millions buying clearance toys at local big box stores and reselling them for a profit on Amazon. I was incredulous! How could you buy retail and then turn a profit by selling retail? So like usual, I did some digging and it turns out his business model is pretty sound.
Today, let’s talk about the ins and outs of turning a profit by reselling toys on Amazon and how to determine whether or not a particular toy has profit potential. I’ll also give you a quick walkthrough on Amazon fees and other considerations to help you determine if this income idea is something you should implement as part of your overall income plans. Continue reading “Resell Clearance Toys on Amazon”