Ethan Jean

Helping Home Service biz owners dominate Facebook Groups | Building a liquidation reselling side hustle, in public

[Ethan Jean @ethanjeanx]

Two weeks ago I won my first Costco Returns Auction.

6 pallets (2,400lbs) of rugs, landed at 12.4% MSRP. Delivered this morning.

Starting my reseller journey and documenting the whole process - numbers and all.

Let’s see what happens.

[Ethan Jean @ethanjeanx]

@BraydenFlack @AkalStation That’s a great suggestion!

[Ethan Jean @ethanjeanx]

Two weeks ago I won my first Costco Returns Auction.

6 pallets (2,400lbs) of rugs, landed at 12.4% MSRP. Delivered this morning.

Starting my reseller journey and documenting the whole process - numbers and all.

Let’s see what happens.

[Ethan Jean @ethanjeanx]

@OkeeMike Appreciate it!

[Ethan Jean @ethanjeanx]

@OkeeMike Me too! Going to try a bunch of different channels and see which works out the best. I have a feeling FB Marketplace might get the most sales but who knows!

[Ethan Jean @ethanjeanx]

@OkeeMike On this batch, no shipping costs just some small fees. Costco was running a promotion for no shipping costs under 300 miles. Lucky for me this auction was at a warehouse about 100 miles from me.

I’ll post updates on the revenue as they sell

[Ethan Jean @ethanjeanx]

@DLeney12300 They’re awesome at accepting returns no questions asked.

Luckily for these auctions they have tiers of condition quality. My lot was a used-good condition, just one step down from New/like new.

Hoping to avoid the puke stained rugs!

[Ethan Jean @ethanjeanx]

@JillyWontGo I’m still going through and quality checking the lot, I will post an update when I start listing them for sale. Most will be listed in markets and channels locally to me. Eliminated the shipping hassle

[Ethan Jean @ethanjeanx]

@NAAC_Auctions They can be! Definitely not an easy task

[Ethan Jean @ethanjeanx]

@BusDenys 💪

[Ethan Jean @ethanjeanx]

@derickjdg Will do!

[Ethan Jean @ethanjeanx]

@apath2hapiness 💪

[Ethan Jean @ethanjeanx]

@reallyapriest @cyburke That’s awesome!

[Ethan Jean @ethanjeanx]

@HctPGuidance I’ll be posting them locally in my market of San Diego first! The shipping costs really eat into margins for heavy rugs

[Ethan Jean @ethanjeanx]

@EverydayResell Will do!

[Ethan Jean @ethanjeanx]

@TRIPPLE777SOUL That’s why they should be buying them 50% of from me instead of retail to save some money😅

[Ethan Jean @ethanjeanx]

@DreamTrader07 I’ll definitely consider this when pricing everything out thank you!

[Ethan Jean @ethanjeanx]

@jaymakin888 Sorry that happened! From what I’ve seen so far in my lot the quality is pretty good.

[Ethan Jean @ethanjeanx]

@reallyapriest @cyburke Thanks for the recommendation!

[Ethan Jean @ethanjeanx]

@TowerofL7 Life’s all about taking risks!

[Ethan Jean @ethanjeanx]

@Brentpierce7 Definitely! Luckily these auctions are quality checked beforehand as well so you somewhat know what you’re getting yourself into.

[Ethan Jean @ethanjeanx]

@DreamTrader07 Hoping to sell all of them! Maybe that’s just me being optimistic

As for pricing it kind of depends per product and what quality their in, the goal is to stick between 40-60% MSRP