How to Resell Things From Walmart for Profit

Are you looking for a lucrative side hustle to pad your budget and give you some extra spending money?

With the ever-increasing cost of living and unstable economy of the times, many people are struggling financially.

Luckily, reselling things from Walmart is a relatively easy way to make an extra buck.

Keep reading to learn how to turn your everyday shopping trips into a profitable venture.

Is It Possible to Resell Things From Walmart?

Yes. It may be unconventional, but it’s possible. People have already been doing it successfully.

One such person is Ryan Grant, who has been making millions buying items from Walmart and reselling them on Amazon.

We can refer to this as retail arbitrage, which involves buying products from one store and reselling them through another store, like Amazon, Walmart Marketplace, or eBay.

What Kinds of Things From Walmart Sell Well?

Now that you know it’s possible, let’s discuss what products you should be reselling and why.

• Food: Believe it or not, American junk food is a global hit. There’s huge demand outside the U.S. for products like Lucky Charms, Oreos, Marshmallow Fluff, Flamin Hot Cheetos, and M&Ms.
• Electronic goods: If these items are in the clearance sections, it’s worth buying them and reselling them again around the holiday times.
• Toys: From Barbie to electronic learning toys, Lego, and Harry Potter merch, toys are never out of fashion.
• Fan apparel: You can buy sports team fan apparel for local teams that other people outside your area may not have access to. 

Other best things to flip for profit include discontinued items (that always push up demand), Disney products, appliances, and other used items.

What Is the Value of Things From Walmart?

In the public eye, Walmart is one of those stores that’s associated with low-cost home items, groceries, and fast-moving consumer goods.

This means people may view Walmart items as low value. However, with the launch of their third-party e-commerce website, this is changing.

While independent sellers use Walmart Marketplace to sell new or used products, luxury brands use the website to sell their overstocked goods.

This introduction of luxury goods to Walmart relatively increases its value.

Besides this, consider these factors when deciding if something on Walmart may have value in the future:

• Initial retail price
• Brand
• Quality
• Demand
• Trends
• Condition
• Rarity
• Seasonality
• Competition
• Sales data

Do Things From Walmart Lose Value Over Time?

Just like when you buy products from other stores, items can lose value over time while others increase. It largely depends on the factors that we mentioned above.

For example, electronic goods can lose their value quickly due to advancements in technology.

For instance, consider the vast rate at which Apple keeps making new iPhones.

On the other hand, discontinued products, collectibles, and limited edition items only become more sought-after, resulting in high prices as time passes.

Things to Consider When Reselling Things From Walmart

Before venturing into this business, there are several considerations that you should be aware of.

1. Make a Business Plan

Plan for scalability and try to learn from successful business plan examples. You need to ensure that as your business grows, you have the resources and structure to grow too.

2. Stick to a Pricing Strategy

It’s important to have a pricing strategy to ensure you’re making a profit after deducting all the associated costs (shipping, initial retail price, platform fees, etc.).

3. Pick the Right Platform

Each e-commerce site comes with its own fees, traffic statistics, specific audience, and interface. That’s why choosing the right place that meets your business needs is key to your success in the resale arena.

4. Check Market Trends

You need to be well-versed in all things seasonal. You not only need to be aware of the trends, but you also need to predict them before they even happen.

If you’re on the ball, you can adjust your inventory and pricing strategies accordingly.

5. Know the Legalities and Tax Implications 

Get familiar with the local and national regulations. If you’re successful, your business will cross the U.S. borders. As such, you need to be up-to-date on all the tax laws and common tax write-offs.

6. Select a Niche

While you could opt for a diverse range of products, focusing on one specific and profitable niche will make it easier for you to keep track of demand and the competition.

Plus, eventually, you’ll become a master in the niche and well-known amongst your target market.

7. Reviews Are Key

First of all, it’s important to buy products for resale that have good reviews—if other people want them, so might your target market.

Secondly, gather customer reviews on the items you’re selling so you have social proof to sway anyone who’s slightly hesitant about making a purchase.

Where to Resell Things From Walmart

You have several options as to which platform to set up your e-commerce business. However, the three listed below are the most popular and viable.

1. Amazon

Amazon is a global e-commerce website and the only one to surpass Walmart Marketplace in terms of visitors. That’s why it’s the ideal place for reselling products. 

What Makes This Option Great

Selling on Amazon is great because they have a huge customer base who trust Amazon and its reputation. If you sell here, customers will automatically put more trust in your business and products.

Apart from this, you’re assured of the logistical system, Fulfillment by Amazon (FBA), which will store, pack, and ship your products. And with the Amazon Seller app, you can easily track shipped items.

Plus, Amazon has a multiple selection of payment methods and selling options already set up.

Fees/Commission:

• Selling plans:
  • Individual: $0.99 per sale
  • Professional: $39.99 per month
• Referral costs: Range from 8% to 15%
• Fulfillment payments: Range from $3.22 to $158.49 + $0.83/lb above the first 90 lbs
• Other costs: Depends on a case-by-case basis

Payment Methods:

• Visa, Mastercard, American Express credit card
• Gift card
• Debit card
• Diner’s Club
• Discover Network
• Amazon store or secured card
• China UnionPay
• JCB, NYCE, and STAR
• Flexible Spending Accounts
• SNAP EBT cards

2. Mercari

Mercari is another option, except it’s only for preloved items. What sets it apart from the rest of the e-commerce marketplaces is its user-friendly mobile app, where you can list and sell your Walmart products easily.

What Makes This Option Great

We’ve already mentioned the app. However, the website version is just as easy to navigate and use. You’re able to find what you’re looking for without much hassle.

Additionally, Mercari has over 20 million monthly active users with diverse tastes and needs for you to sell to. 

Fees/Commission:

• To create a listing: Free
• A completed sale: A minimum of 10% on each sale
• Payment costs: $0 to 2.9% of the transaction
• Shipping costs: From $4.30 to $85.00

Payment Methods:

• Apple Pay
• PayPal
• Visa & Mastercard
• American Express
• Venmo
• Discover
• Zip

3. Craigslist

Craigslist is a local classified ads platform with a less-than-positive reputation, but that doesn’t mean that you can’t use it to sell your products.

You can sell on Craigslist, but you should be careful of potential scams. 

What Makes This Option Great

Since Craiglist is local, it connects you with people in your area. This results in lower delivery costs for your business. This is especially beneficial for larger products that would be expensive to ship.

Plus, because you can arrange an in-person deal, you can get your money instantly and in cash.

Fees/Commission:

• Free

Payment Methods:

• Cash
• Credit card
• PayPal

What You'll Need to Resell Things From Walmart

Before you start reselling items from Walmart, there are several factors you need to ensure that the venture is smooth and successful:

• A Walmart account: This allows you to purchase the products you’ll be reselling.
• An e-commerce account: You need an account on an e-commerce website that allows third-party resellers.
• Inventory: This will help you keep track of the Walmart products you want to sell.
• Storage space: In most cases, you’ll be selling clearance items in bulk as it’s cheaper that way. And so, you need a place to keep all your stocks.
• Shipping supplies and packaging materials: Some e-commerce platforms will handle these for you. But if you prefer to manage the shipping process yourself, you need to have boxes, tapes, labels, and a shipping label printer.
• A camera: Having a great product photography camera ensures you can take high-quality photos of your products.
• A laptop and wifi: These devices will help you in setting up and maintaining your online business.

How to Resell Things From Walmart: Step-By-Step Instructions

If you’re ready to start reselling Walmart items, here are the steps to set up your business:

Step 1: Do Your Research

The world of selling second-hand goods is a competitive one, so researching will give you a leg up against your competition.

That’s why it’s important that you know what products and brands your target customers need, as well as the market trends and consumer demand. 

Step 2: Sort Out the Legalities

Depending on your state, you may need to register your resale business and get your hands on any permits and licenses. This is especially important if you expect to be shipping products overseas.

Step 3: Set Up Your E-commerce Store

You need a place to sell your goods. Today, most sellers prefer an e-commerce store as customers are now doing their shopping online.

We’ve mentioned three viable options you can consider above. But you’re free to choose other platforms, such as eBay and Shopify, if they’re more suitable for your business’s needs.

Step 4: Shop for Your Walmart Items

With your online store set up, it’s now time to fill it with Walmart items your target customers would want to buy.

You can do this in two ways: shop via Walmart Marketplace or in person at your local Walmart store.

We suggest the latter option as they have better clearance sections and you can thoroughly assess the products’ quality if they’re worth buying in bulk.

Step 5: Set Your Products in the Online Store

After purchasing, you can now add the products’ details to the online store. These would include:

• High-quality photos
• Product descriptions
• Price tags
• Payment options
• Shipping options

Step 6: Market Your Store

If you want people to flock to your online store, then you must do marketing campaigns to attract their attention. You have several options, such as:

• Announcing its launch on your social media posts
• Creating short videos on YouTube or Tiktok to promote your products
• Making use of online ads

Step 7: Track Your Progress

It’s important to see which items are selling quickly and need restocking and which ones are in low demand and can be phased out.

Knowing these ensures your business will thrive and minimize your losses.

Can You Make Money Flipping Things From Walmart?

Yes, you can make money from flipping Walmart items. Note that not everyone can do it, as you’ll need a certain level of finesse and dedication to turn it into a success.

What Is a “Things From Walmart” Resale Business?

A “Things From Walmart” resale business involves buying products from Walmart and reselling them for a profit. 

You’re often reselling wholesale products, which is an example of retail arbitrage that was mentioned earlier. 

To start, you need to find out which products are in demand and then buy them at Walmart for a price usually lower than other stores.

Next, you’ll set them up in your online store for a higher price. Any sales you make from them would earn you a profit.

Is Reselling Things From Walmart a Good Way to Make Money?

It can be, but that depends on your ability. Here are some pros and cons of this venture that you can think about:

Pros of Reselling Things From Walmart

• When you’re starting a Walmart reselling business, there’s a low initial investment compared to other business ventures. 
• Walmart has a vast range of products on its shelves, which means it shouldn’t be hard for you to find the product you want to sell.
• There’s already a massive demand for Walmart products.

Cons of Reselling Things From Walmart

• You aren’t the only one who has thought of venturing into retail arbitrage. As such, there’s stiff competition in the market.
• Walmart’s prices fluctuate, so you need to be aware of when you buy and sell products. Otherwise, you risk earning less profit.

Frequently Asked Questions

Does Walmart Take 3rd Party Sellers?

Yes. On Walmart Marketplace, third-party sellers are allowed to create accounts and sell their products. This allows you to have access to Walmart’s huge audience, but it does come at a price.

Does Walmart Sell Used Items Online?

Most of the products sold on Walmart's online store are new. However, they have partnered with thredUP, a resale marketplace, and now offer their shoppers high-quality used luxury goods such as women's clothing.

Similar Tutorials to Check Out

Walmart isn’t the only store that you can buy items from to resell. If you can’t manage to get the process right, then you can try one of these other stores: 

• Resell Items From Costco: Cosco is a wholesale store that has thousands of products for reselling.
• Resell Items From Goodwill: Goodwill is a donation center for second-hand goods, but that doesn’t mean you can’t resell them for profit.
• Resell Things From Alibaba: Another option for flipping items is Alibaba, which can be lucrative if you buy their clearance items.

Wrapping Up

With a little planning and a whole lot of dedication, reselling items from Walmart can be profitable.

But you need to remember that it’s a competitive space, and you’ll have to put in some effort before you can reap the rewards. 

After reading this guide, you’ll have a couple more tools in your arsenal to use on your entrepreneurial journey. 

If you found this information helpful, please feel free to share it with others that you may think will benefit from it. Alternatively, you can comment below and let us know what you learned.