YouTube SummarySee all summaries
Watch on YouTube
Publisher thumbnail
Richie Hustles
35:3111/28/24
Freelancing

What Deals Are Going On At TJ Maxx Before The Holidays Hit!? Retail Arbitrage For Amazon FBA!

11/28/24
Summaries by topic
English

The speaker visits two TJ Maxx stores in search of profitable retail arbitrage items for Amazon FBA, particularly puzzles and toys. However, they find that prices are generally higher than in previous years, resulting in lower profit margins or no profit at all. Overall, the speaker expresses disappointment with the current TJ Maxx inventory and suggests that better deals may appear after the Christmas holidays.

Holiday Items

00:01:35 The speaker checks the holiday section, particularly toys and puzzles, to assess the potential for retail arbitrage. They find that many puzzles, such as Peanuts and Clue, are priced higher than before, reducing profit potential. The speaker also notes that the toy section has a limited selection of holiday items and most items are not on clearance.

Pricing & Profitability

00:03:00 The speaker observes that prices at TJ Maxx have increased for certain items, especially holiday-themed merchandise, compared to previous years. They find several examples of items that were previously profitable at a lower price point are no longer viable due to the increase in price. The speaker considers the impact on their retail arbitrage business due to increased costs, and the reduced profit margins.

Amazon FBA & Fees

00:03:42 The speaker discusses the profitability of selling large items like holiday decor on Amazon FBA. They consider shipping costs and potential fees, concluding that the potential profit may not be worth the effort due to high shipping and fulfillment costs. The speaker also notes that they are hesitant to source items that may not be profitable after Amazon fees.

TJ Maxx & Reseller Activity

00:04:52 The speaker believes that because of increased prices, many reseller opportunities have dried up in TJ Maxx stores. This is due to the higher cost of sourcing and the reduced profit margins. The speaker concludes that TJ Maxx might not be a great option for holiday sourcing, as the deals are not as good as they used to be and the prices are not conducive for reselling.

Clothing & Other Items

00:24:07 The speaker also checks the clothing section, searching for brands like Adidas and Nike, and notes a lack of good deals on clothing. They find that many clothing items are not scannable with their phone and they abandon the clothing section. They also briefly look at the beauty section and find some clearance items but express concern about Amazon's restrictions on certain products.