Friday, April 18, 2008
Hot eBay Inventory Tip - DSW Shoe Clearance
DSW is a retail shoe seller, with a huge inventory for "the passionate shoe enthusiast." Yep, I love shoes - but not as much as my boyfriend, who has been shopping at this store religiously for over a decade. You all have him to thank for this hot tip. (I was sucked into his shoe world a few years ago!)
DSW has a large section in the back of the store with clearance items. The pricing system is color coded, so each color sticker means a different percentage discount. In my area, purple means 65% off. So, I am on the hunt for purple tag items.
DSW carries brands like Merrell, Uggs, Ralph Lauren, Doc Martens, Nike, Adidas, Stuart Weitzman, Cole Haan, and many more well-known name brands. So here is what you do. Visit your local DSW and sign up for their rewards plan. Then, start checking the store frequently, say once a week, for new markdowns. I have found Doc Martens for $16 (retail price $60), Merrells for $10 (retail price $80), and Ugg slippers for $20 (retail price $70).
Clearance items can be discontinued styles or colors, so you can get good money for them on eBay - since the styles or colors are no longer available. Case in point - I sold these pink Ugg slippers for $65 on BIN in about 2 days.
The color is not available anymore, not even on the UGG website. Not a bad profit or turnaround time.
After you have made a few purchases, your rewards points will start adding up and you'll receive coupons for $10 off your next purchase, so you can save even more on your cost of inventory.
eBay Coach Disclaimer - you will not become a millionaire selling shoes on eBay. But this is another source for your inventory. The more you look, the more you find. Visit DSW's website to find a store near you.