Thursday, January 15, 2009

Make Money on eBay Selling Items from Kroger


I discovered that Kroger can be a gold mine for finding inventory to resell on eBay. Especially if your Kroger has a large cosmetics and health and beauty section. Mega stores like Kroger are constantly offering newly released consumer items and resetting their shelves. Something has to be removed to make room for all the new stuff. That is where the markdowns come in.

If you browse your Kroger store, you will see big white tags on the shelf below the items that are marked down. The markdowns are usually 50% of the regular price. Kroger does not have a clearance section, items are just marked down in the department they are sold. For example, here are some items that I saw yesterday at my Kroger marked down to half price:

Nexxus Therappe Moisturizing Spray, reg price $17, markdown price $9.99

Neutrogena Spray Sunscreen, SPF 30, reg price $9.99, markdwon price $4.99

Aveeno Spray Sunscreen, SPF 45, reg price $9.49, markdown price $4.99

Sally Hansen Nail Polish, reg price $4.50, markdown price, $2.25

Clairol Perfect 10 Hair Color, reg price $11.99, markdown price $6.25
(Here is one that sold on eBay for $9.99.)

Aveeno Positively Ageless Daily Eye Serum



Aveeno Positively Ageless Daily Eye Serum

reg price $17.99, markdown price $8.99
(Here is one that sold on eBay for $13)

Also check the medicine, dental, weight loss, and vitamin aisles.

These markdowns may vary by store. Always do your homework before buying inventory to sell on eBay. Make sure you are comfortable with your investment before buying anything. (Click here for tips on how to price items to sell on eBay.)

Pay attention to coupons, too. You may find coupons for the clearance items that you can stack or layer for deeper discounts. For example, there was recently a $5 off Clairol Perfect 10 hair color coupon, so that made my cost on a $12 box of hair color (marked down to $6.25) only $1.25. I went on eBay, bought about 40 $5 coupons for around $2, bought a bunch of the hair color for $1.25 a box, and then sold the hair color in lots. A few extra steps, yes, but a way to get inventory dirt cheap. Here is a listing (not mine) for 3 boxes of Clairol Perfect 10 that sold for $14.99. Profit in this scenario is around $10 per lot.

Granted, your profit margins will be small on these items. But, if you can sell enough of them, it is worth the effort because you only create the listing once and continue to relist as long as you can find the product. These types of items are also good to sell in lots. Get enough of these types of listings going, and your store is almost on auto-pilot.

Click here to find out about more items from grocery and drug stores that you can sell for profit on eBay. Keep your eyes open at Kroger and see what you can find!
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