Maybe you recall the name of Tyler Nelson, who has helped us all learn how to overcome obstacles sourcing with his success selling on Amazon while living in Alaska.
Anyway, here is his newest addition, schooling us all in what can be accomplished buying from Best Buy online.
Have you had difficulties finding profitable products on BestBuy.com? If so, you’re in good company. But now, there is a way to find some, at least in the category of video games. In the last six months, I’ve discovered 2 tools that when combined, can make you a lot of money.
Earlier this year, I purchased a Gamers Club Unlocked membership from Best Buy. I thought it was pretty cool, as it allows me to save 20% on new games (a maximum of 3 discounted copies per title per year). Costing only $30, it pays for itself if you spend $150 on games.
To sign up, you have to purchase the membership online, and activate the card that you are sent in-store. Once activated, the membership becomes a part of your Best Buy account, and is automatically applied whenever you check out.
Saving 20% is pretty cool, but when you combine the Buyers Club Unlocked with OAXRAY, you have a powerful combination that can do all the heavy lifting when it comes to sourcing products. All that is required is a little bit of analysis and some mental math.
For those of you that are unfamiliar with OAXRAY, it is a browser extension that can scan entire web pages and identify potentially profitable products. It is somewhat pricey ($99 a month) but can save you massive amounts of time. Instead of having to manually look up items on a page, it can look up every item on a page in less than a minute. For more info, you can visit here.
This is what it looks like on a page of Best Buy clearance PC games, after filtering for products with positive ROIs.
Taking a look at the data, the only item that looks like a great deal is Singularity. It isn’t ranked well, but has an awesome return on investment.
This is where the Gamers Club Unlocked comes in. Doing a little mental math, and factoring in a 20% discount; SimCity Limited Edition, Nancy Drew: Labyrinth of Lies, and Titanfall all become good items to buy.
When it comes to the checkout process, there are 2 ways to get your items. You can choose between in-store pickup and having the items shipped to you. Some items are only available for pickup at certain stores, and other items can only be shipped. If both options are available, I prefer the in-store pickup, so I can get my items faster (and ultimately to FBA faster) and also inspect the items before I take them home.
When you check out, if you have a combination of items from multiple stores, or in-store pickup items and items you wish to have shipped, do the orders one at a time. I’ve found that if I want to check out and order items from multiple stores, the items from one store will disappear when I try to check out. Items will also disappear if they aren’t really available at the selected store. To deal with this, it is best to make a written list of the items you are looking to buy. That way, if items disappear, and you want to try buying them from other stores, you’ll have a handy list that will save you some time. I learned this the hard way, when I wanted to pick up 20 different items from a store, and only 6 were available.
When putting items in your cart, to get the Gamers Club Unlocked discount, keep the quantity to 3. If you put more than that in your cart, in my experience you aren’t able to get 3 discounted copies and the rest full price. It seems like they all become full price.
If an item is profitable even without the discount, you could place one order with a quantity of 3, and other order with a different method with a higher (usually 5 is the limit) quantity.