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Man says he's grossing millions reselling clearance items from Walmart on Amazon

13425 ratings | 1134296 views
Ryan Grant said raiding the discount aisles at big box stores and flipping the items on Amazon started as a side hustle but has since become a booming business.
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Text Comments (1825)
scott williams (16 hours ago)
I’m going to Walmart now to buy razors.. I could buy them online and pay a little more but I need to shave sooner than 3 days
Robert Salas (1 day ago)
Hes gross . That man grossing millions
ProdigyZ (1 day ago)
Ha! Jokes on you i get 1k a month and im 13 how? My dad He died 3 years ago but my whole life i had that card and 1k my entire lifespan so hahahahhah
Carlos Villegas (2 days ago)
my ass...
To Day (3 days ago)
I think Ryan is a liar
Kimberly (5 days ago)
I had an Amazon seller account years ago, but never sold anything. Recently, I wanted to start selling stuff, but Amazon refused to reinstate my seller account. They advised me to open a new one with a different email address. Well I want the same email for both buying and selling, so I guess I’ll stick to ebay.
KRidler I'm famous (8 days ago)
Kick ass, good for him!
beldengi (9 days ago)
I buy very few things but they are either collectible or very high quality. Who buys all this junk?
mnminnmn (10 days ago)
now to sell ebooks and podcasts and fba "profit system" to thousands of others...NET millions.
A&ZTV (12 days ago)
Make money online just watching videos. 100% payments dai...https://bit.ly/2KufNHu
Hero Jason (12 days ago)
How do you dear with shipping and box problem. Because if you find something on clear for 10 and you sell for 12 and someone buy it you profits $2 but the shipping will cost more then 2.
TheDigitalPillars (13 days ago)
Junk dealer.
baeyongsam (15 days ago)
Now he's gonna have a lot of competition
Safalta Group Company (15 days ago)
I hate listening to these phony fake newscasters propaganda pushes phony people
TomGreek1980 (16 days ago)
Best Damn Music Around (17 days ago)
Online sales tax will hurt bad
Sticky Ketchup (17 days ago)
You have to jump through hoops to get an FBA account, it's not worth it unless you live next to a Post office or Amazon facility.
Cameron Conner (19 days ago)
Thts really smart
lee shafer (20 days ago)
CradleEpiscopalian56 (20 days ago)
Nure Alam (20 days ago)
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Tandi Caldwell (21 days ago)
Go follow @reezyresells on Instagram and listen to his podcasts! Much better info!
JustASlag (21 days ago)
gotta love that silver impala whipping a shitty down the wrong way of traffic.
Da C. (22 days ago)
Let see how you do now with state sales tax collection. Long live brick and mortar stores.
Todd Krough (22 days ago)
Wal - Mart Wal spelled backwards is Law and Mart is Martial so Martial Law? uh oh....it dont watch TV i say... oops i just did.
Dave Kanofsky (23 days ago)
Bull crap.
unknownprofiler (23 days ago)
LadyScorpio39 (23 days ago)
or, you could just go to walmart and buy this shit for yourself, like he does, instead of making this guy rich! amazons prices are rediculously high anyway!
Seller Tradecraft (23 days ago)
Amazon Private Label is better. But props to Ryan he got me started in the RA game
Paleo Geology (23 days ago)
The BIG issue with this is if someone returns the item to Amazon more often then not they will just trash it. Amazon is a horrible company who cares about THEIR items and profit NOT their vendors. SELLER BEWARE
Arcade Slum (23 days ago)
Mamiya Phan (24 days ago)
he's probably runnning his business as an S corp. paying himself a 60k salary, but actually clearing more like 300k.
Mamiya Phan (24 days ago)
he shouldn't have told anyone. duh!
Wandering Scenes (25 days ago)
It is better to make a new product and then sell that. It might cost you $200 to make a prototype (thinking small toy here). $5,000 - $10,000 for a decent supply and $2,000 in freight and import costs. But you create at a landed cost of $1.75 and sell at retail for $15. There are higher risks and rewards with this method though. Estimated Gross: $42,857 - $85,714 Estimated Net: $30,857 - $73,714 Assuming you do all the labor yourself and sell ALL items.
Julia Rose (25 days ago)
I got an ad about selling stuff on Amazon before this video 😆
gary adams (25 days ago)
Gross proceeds don't equal profit. You have to count in FBA fees, amazon commission, closing fees, storage fees, and long term storage fees if the item sits for more than 6 months so you have to make sure it's actually selling on a regular basis and do proper research on the product. It could be seasonal and only sell well during certain times of the year. Then there's the shipping to amazon, but that's actually pretty cheap since you can do it for less than 30 cents/pound if your sending in boxes of stuff in bulk. Also you can't just scan whatever because certain categories or brands are gated and you have to apply to get ungated. For example, you're going to have to pay $1500 to amazon just to be able to sell anything Nike and that's after you've gone through whatever you need to take care of and pay to Nike to become an authorized reseller. The reason everyone's not doing this is that just like everything else in life, it's not as simple as just walk into a big box store and start scanning. A lot more goes into this type of business model than downloading an app like they make it seem.
RockstarFlipper (23 days ago)
^ YES THIS.. I tried to tell everyone its not as cushy as he makes it seem.. iTS ALOT OF WORK...ALOT OF TIME..AND A TON OF MONEY.. good luck
kireifresca (26 days ago)
It just makes you not want to buy online cuz you’re prob getting ripped off!
Van Allen (26 days ago)
2:15 [brakes screech] WAIT..... where did the rest of the money go then??? 🤔🤔🤔
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James Stone (27 days ago)
Not that easy!! Just and FYII sell on amazon and there is so many other factors from restricted items and brands to FBA fees on and on you show a profit of 9.00 but then take the fees out and you end up with 2.00
RockstarFlipper (23 days ago)
^YES EXACTLY.. my entire channel is dedicated to this business and its NOT AS EASY as they want you to think.. just a way for them to get views, and him to look smart
DIVERB (27 days ago)
Is it just me or am I the only one who thinks Amazon spent a little $ to have this put on national television.
RockstarFlipper (23 days ago)
Because it went viral so he could sell "How to" courses.. google him and his website... it'll tell you all you need to know
DIVERB (23 days ago)
how do you know? oh and by the way I watch your videos! Awesome content!
RockstarFlipper (23 days ago)
nope...he did.. He wanted exposure
Not Here (27 days ago)
Only 1000 a month in profit? Is that after you pay your bills for living? Like food?
Josh Martin (27 days ago)
Is Robin Roberts a man or a woman??
R6-D2 (27 days ago)
lmao I like how they don't include shipping cost and seller fees!
RockstarFlipper (23 days ago)
they did.. but not accurate and not ALL the fees... shipping into amazon, packaging, boxes, time, gas, milage, accounting, taxes, storage at amazon, amazon FBA fees, final value selling fee... slow moving items.. ughhh they need to tell the entire story
sickasso72 (27 days ago)
I hate this stupid video
Jonathan oQo (28 days ago)
Ok, so did the reporter actually sell the items or get stuck with them. I guess they should if done a follow up
Paul Pedersen (28 days ago)
This is not believable. When I've sold stuff on EBay, selling fees and shipping ate up nearly a third of the gross sales price. Profit goes POOF! If I included the time and cost of driving to and shopping at a store, plus packing and shipping the item, I'd be in the hole. And don't get me started on flaky/fraudulent buyers! They will cost you a fortune, and they are rampant. EBay seems to have little interest in curbing them.
BigKing Bud (28 days ago)
This was nothing more than an ad for the Amazon app, tricky tricky...
RockstarFlipper (23 days ago)
I know the story... I Know the guy through back channels.. this is what I do for a living.. I know the entire story.. this was advertising for amazon or their "new app". lol that app has been out for 5 years haha. its not a new app. It was advertising for him It did go VERY VIRAL... I can link you his story with the video on over 1,000 websites.. it has over 1000 up votes on reddit and 1.1 million views here, 900,000k views on his own website/youtube and several other million views across blogs and forums.. its VERY viral.. he did exactly what he wanted and based on my estimations on traffic he sold $500,000+ in courses in just a few months. trust me
BigKing Bud (23 days ago)
First off, this isn't a "viral story", this is just "a story" that ABC is running on their morning TV show... And yes, the guy is obviously very savvy(or more like good at getting hard work done efficiently ) This story has a subliminal undertone, that undertone is "go do what this guy does, make millions" what does this guy do? He uses Amazon's newest app... Notice that "Amazon's newest app" is the VERY LAST thing you think about... Go look up "how subliminal advertising works"...
RockstarFlipper (23 days ago)
no its not.. I know the guy....not personally but I know all about him... he made the story go viral so he could sell his "how to" courses... google him
BigKing Bud (23 days ago)
I'm pretty sure he is not much more than a seller that was hired and sponsored by Amazon for this ABC spot... Most 'news' is nothing more than this, just corporations turning their products into "news stories" that are nothing more than ads.
RockstarFlipper (23 days ago)
nope not at all.. ad for this guy
BigKing Bud (28 days ago)
There's a reason Walmart has it on clearance, NO ONE is buying the junk... This is a tough business to be in, you'd have to work twice as hard as a normal job. It would take you years to build enough size in your stock to make decent money, and you'd have warehouses full of crap(crap that will never sell). This was simply an ad for the Amazon app.
Fire Alarm How Too Guy (28 days ago)
I’m sourcing from China and reselling for profits. Also sourced 200 books from Dollar Tree. Sold all the books for $2000 profit
Juan Echevarria (28 days ago)
reporter is dumb if it took her 5 minutes to download an app on her phone lol
banz jaime san juan (1 month ago)
ashwadhwani (1 month ago)
Fuckin amazon ad
Jesse Costa (1 month ago)
Not making millions no more I'm sure, he gave away his secret. I was once a reseller for a certain product and brand until others discovered it , it created competition and profit margins dropped dramatically
Donna Frank (1 month ago)
sasquatch & fishing (1 month ago)
$1,000 a month for a year is about $12,000 a year. That's below minimum wage.
Frank Martinez (1 month ago)
Wow time consuming... ill pass..
jslugbug37 (1 month ago)
Trump will get the internet taxed soon then the u.s. will be out a deat
jslugbug37 (1 month ago)
If he resales a product to someone he becomes liable for the products safety recall items could get him put in prison
RockstarFlipper (23 days ago)
nope wrong.
jslugbug37 (1 month ago)
Does he pay his taxes sales tax income tax s.s.i. medicare he might as well be selling weed
XAR (1 month ago)
ya first reseller
Marcial Encontro (1 month ago)
Guys I swear I just got free $5124_real money from this_amazing website>>>>pypmon.win/?VwFki7 Try once.
United Strafes (1 month ago)
Yay a legal scammer! Let's celebrate him!
gilberto magana (1 month ago)
Hahaha the comment below ... Yeah I'm pretty sure the news reporter quit her job. This sounds easy but it aint. You can have the items for months maybe years till you sell
Photoshop By Alfredo (1 month ago)
Highlighted reply (1 month ago)
Some places don't have discount stores, believe it or not. They buy this shit online
Beriadan Eethrehneeon (1 month ago)
He learned that from EVE online lol.
Slow Cheetah (1 month ago)
RockstarFlipper (23 days ago)
$4 million aint jack when your talking GROSS sales numbers.. he said 15% after everything with is like $600k lol... now take away employees, building, materials, gas, milage, and taxes lmao... nothing left
Tjay Nónii (1 month ago)
amazon seller fees?
RockstarFlipper (23 days ago)
they mentioned them
Doug Geary (1 month ago)
Majority of people still won't get out and search for the items. The process of doing is very hard for majority of people.
Jonathan Dexter (1 month ago)
So if 12 thousand people start selling where are you going to find the shit to sell, and the prices go up due to competitiion.
RockstarFlipper (23 days ago)
Which happened
JamesJoyce12 (1 month ago)
Yeah - take an accounting course first - Revenue .neq. profit - Walmart has dropped the prices for a very obvious reason. If u really think ur smarter than Walmart the go for it.
Infinity Inc. (1 month ago)
He's stupid for taking this interview.
Mokimanify (1 month ago)
This dude is full of it. He runs an affiliate ad funded website and sells "lessons" on how to "do" what he did ... Why is he paying $10.00 per box for UHAUL boxes ? He cant afford pallets of plain bulk boxes for 1/10 the price ?? How much did he pay GMA ??
RockstarFlipper (23 days ago)
^ THISSSSS....... he stopped making money reselling and needed to get exposure to sell his "how to make money reselling course" since he can't do it anymore
Campervan Elvis I toof on you (1 month ago)
If he sold on Ebay the scammers and Ebay fees would kill him.
Ferenc Schwartz (1 month ago)
https://businesbroker.blogspot.com/ Buy & Sell your Business free in USA | Attn: New QR Code Catalog Maker Business for Sale or Partnership
TD_Tell_Em (1 month ago)
10 hours a week starting off?!?! That's not bad for part time work at all.
Sumaiya Abdi (1 month ago)
Isn't this dropshipping?
frank peluso (1 month ago)
Did news lady quit abc to do this shit?
francisco herrera (1 month ago)
lol i'm 16 and i make about 4,000 to 5,000 a month using this same method. But it requires more work than just scanning clearance items because most of the time you will always make a profit on these. It's mostly all about the products rank and competition but of course making a profit as well.
Jesse Scott (1 month ago)
How is this legal?
RockstarFlipper (23 days ago)
its called capitalism... buy low, sell high
Susan Werner (1 month ago)
It’s a SCAM.... So many details you left off. You haven’t actually sold those items yet have you? You will not.
Al Stevens (1 month ago)
The scam is you can only make very little money doing this.He buys in bulk - well you usually don't get discounted items at Walmat in bulk.
Kurt Hajroja (1 month ago)
If he sells 4 mil and earns 15% net that's $600,000.... and he pays himself 60,000 yeah ok
RockstarFlipper (23 days ago)
its a lot of smoke and mirrors... he makes $600k after the fees and shipping and materials etc... now pay taxes on $600,000 leaving you $350,000..... now pay the building and part time help and he's left with $120,000.. hence his salary
Natalie Adams (1 month ago)
If you go to a Coach purse outlet store, you will find there is a limit as to how many purses you are allowed to buy for this very reason. It’s always amazed me how many full grown men you will see in the Coach purse outlet store trying to buy 5 or more purses. We know what you’re trying to do!!!
lookthatway (1 month ago)
The items are on clearance for reason. It’s means they’re not selling well
Nathan A (1 month ago)
Jerk! Probably buys everything he owns from sweat shops. Buy from Salvation Army or Goodwill.
ikeshia1981 (1 month ago)
Ive done this and ebay...ebay is better in my opinion no storage fees and not as saturated as Amazon
TigerShark (1 month ago)
this guy is full of shit
RockstarFlipper (23 days ago)
Revilo (1 month ago)
Why wouldn't you just Dropship?
Revilo (1 month ago)
Wait it took her 5 minutes to install an app? LMAOOO
Goldpenny1 (1 month ago)
Drop shipping is usually done by a wholesaler that wants you to sell its items for them; they will in some cases even help you put your own business logo on the shipping invoice; what he is doing here is a bit different. Imo
Lenard Stauffacher (1 month ago)
I tried it . Now I'm stuck with junk no one wants to buy.
Moe L (1 month ago)
Looks like a lot of work for little profits
James Peoples (1 month ago)
I’m pretty sure that last lady was a man.
James Peoples (1 month ago)
Pretty sure he’s the rock!
Dan Roma (1 month ago)
They forgot to mention that Amazon charges $39.99 a month to sell with them
RockstarFlipper (23 days ago)
when your selling $300,000 a month $40 is....nothing.. thats not the main issue here
Nancy J (1 month ago)
That's messed up. You mean selling it for more when they got it for less. Mean fuckers who agrees?🙁
Proud_Ape (1 month ago)
you do of course realise this is just another stunt that will raise amazon and ruin everyone else. not there is a problem with that unless of course you want to buy all your shit from 1 man.
Chris (1 month ago)
What about having to deal with returns???
RockstarFlipper (23 days ago)
very low...part of every business
Emma Robbie Us (1 month ago)
Both Walmarts by my house no longer have the clearance aisle anymore, I wonder if this guy messed it up for us. It was perfect to pick up a cheap gift for a birthday party, not anymore.
nspacemonkey (1 month ago)
Ryans a cardboard fake actor..
RockstarFlipper (23 days ago)
hes trying to sell HOW TO courses