Buy Costco customer returns and liquidation inventory through auctions, then test, clean, repair, and resell the items locally through Facebook Marketplace.
Purchase mixed lots at a low landed cost, prioritize products with strong local demand and limited competition, recover the investment by listing the best items first, and sell appliances, outdoor furniture, grills, sheds, garment steamers, and similar goods at discounts to retail.
physical B2C Resale / Flipping
From Chris Koerner on The Koerner Office Podcast — I Tried to Make $10K in 10 Days With Costco Returns at 01:01
Problem: Retailers and liquidation channels need to move customer returns and excess inventory, while local buyers want discounted products they can obtain quickly without paying full retail.
For: Local buyers who want recognizable appliances, furniture, outdoor products, and other consumer goods for less than retail, especially people moving into the Dallas-Fort Worth area.
Products from this video
Ace Hardware B-Stock ChatGPT Costco Wholesale Corporation Lowe's Companies, Inc. Venmo
Examples
- Musical-instrument liquidation: a lot described as roughly $5,000 of Costco-value units had a Costco average price of $628 and sold at about $63 per unit after receiving one bid; the category was described as relatively low competition.
Other takes on Resale businesses
- A used and new equipment dealership supplied through dealer trade-ins and local flipping
- Data-driven Amazon FBA business importing competing products from China
- Local liquidation and random-goods resale store
- Local buy-low, sell-at-market-value flipping of used items and equipment
- Resell overlooked electronics and other underpriced goods through local marketplaces and eBay
- Live-selling business for discounted liquidation, overstock, customer-return and hard-to-sell goods