Hello, online sellers.
I hope you're wrapping up (literally) your Xmas shipments to customers and getting ready for at least one day off.
Today, I'd like to share my online retail hits and misses of the season/year with you. What was hotter than the camera flashes behind Rachel Uchitel? What fizzled out like Michael Vick's season performance?
(Keep in mind that these are from the view of a reseller (like us folks). What was a dud for us to resell still may have been hot in the retail-to-consumer market)
1. DUD: Sing-a-ma-Jigs. Remember the press was ALL OVER this product and it was predicted to be a hit? As of press time, some of these were being sold on Amazon for as little as $6. Nothing like the Zhu-Zhu sensation of 2009 (I remember my Amazon merchant price point of the brown Zhu Zhu's peaking at $60 each last year).
4. HOT: Used and/or New, Out-of-Production Board Games. Make sure these are 100% complete before you ship them to Amazon FBA and/or your customer. Yes, USED games can be hot sellers. I pay $3 to $10 for each of these at thrift stores, yard sales, and/or via online arbitrage, throughout the year. They're actually hot sellers regardless of the time of year. Examples:
Mall Madness: Used prices via FBA peaked for me at $80.
Acquire (very HTF) sold by me via Amazon FBA for $177.95 (it was new and sealed)
Cranium Cariboo (and other various used out-of-print games by Cranium) peak at about $40 to $90 used.
...Remember, these were picked up by me for $3 to $10 each!
6. DUD: Wow Wee Paper Jamz. I REALLY expected this to take off, but it didn't (I'm lucky I didn't buy any for reselling). Brilliant product, but trying to compete with Guitar Hero, et. al. is difficult. Great execution, but tepid buyer's market.
Do you see a pattern above? My hottest sellers were from time-honored brands with a lot of heritage: Disney (Buzz), Batman/DC (Batmobile) and Marvel/Spiderman (Wisecracking). I call these toys 'evergreens' because I can count on them yearly to bring me in a profit.
What were your HOT Sellers? Duds? Post away (below)!
Stay Classy, Internet.
-J.B. Malik
Founder, HonestOnlineSelling.com
2 comments:
Well my biggest surprise were refills for the easy back oven, dots and the dairy queen blizzard.
Ditto on the used games - I pick them up for $1-$6 each and have gotten $35-$50 for them this year on Amazon. I had several new Boyd's Coca-Cola bears that I got from a yard sale (a whole large paper bag full of small toys) for $10. The Boyds bears went for $20 each an Amazon, and I had 4 of them. This is my first Amazon Christmas, and it has been a good one.
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