Ranking and Scheduling Stores
Now it is time to plan out your Black Friday shopping spree. By now you should have made your shopping list. The next step is to arrange the items by profitability and stores. This should make it apparent which stores are going to be more profitable than others – these are the stores that you’ll want to visit first. For example, BestBuy.com offers the best Black Friday deals on home appliances.
After you have the stores arranged based on profitability, you want to double check the hours of each Black Friday sale. If you are in Dubai, this is particularly important as there is a significant time difference when it comes to store opening hours in the Unites States or in Hongkong. This will assure that you catch all opportunities because of differently timed sales. The final step to this process is to write down an exact order of the stores that you will visit and an exact order of the products you will buy in each store. This list makes buying the best products a very straight forward trip. If you know what you want before hand, you will get there before the people who will have to think about it.
The Big Day – Black Friday
Believe it or not, this isn’t nearly as difficult as it sounds. You will succeed, because you have already planned and researched everything and will not be jumping from one online store to another searching for Black Friday deals. If you cannot get one of your best products, it isn’t the end of the world. Remember that there are a lot of other items that you can get to resell for a profit. Here is a general set of guidelines for getting the best items:
- Always remain calm. You must be in control and thinking at all times. Don’t give up to impulses!
- Stick to the plan. Purchase the items that you can and you have planned for.
There is one other thing to be aware of; upselling. Don’t add to your purchases any additional stuff like warranties, surge strips, antivirus software, and many other items that are not worth mentioning. Do not buy into the sales hype – stick with the plan and purchase the profitable items, nothing else.
Selling your Products Online
The next step is reselling the items online. This is pretty easy; the hard part is certainly over. Sell as many of the items as possible within the next two or three weeks, that way they will arrive by Christmas.
Regarding your selling techniques, you need to include a picture in each auction. So, you can share your products across various social networks for faster sales.
Let the Items Sell, and Count the Profits
This is the best part. Once everything is sold out, it’s time to add it all up and see just how much money you have made from your Black Friday shopping.
