How to Buy Products from Kohl’s to Sell on Amazon?

Unlocking Amazon Reselling Opportunities with Kohl’s: A Complete Guide

Reselling products on Amazon is a lucrative venture, but success hinges on finding reliable sources with excellent profit potential. Kohl’s, a well-known retail chain celebrated for its extensive product selection and frequent discounts, offers a treasure trove of opportunities for enterprising Amazon sellers. Whether you’re an experienced seller or just getting started, mastering the art of sourcing products from Kohl’s for resale on Amazon can give you a significant competitive edge. This guide will walk you through the process and help you maximize your profits.

Understanding Online Arbitrage

Online arbitrage is a popular business model where sellers purchase discounted items from online retailers and resell them on platforms like Amazon at a higher price. The profit comes from the price difference after subtracting expenses like fees and shipping costs.

For example, let’s say you discover a popular kitchen blender on sale at Kohl’s for $50. Upon researching, you find the same blender selling on Amazon for $100. You buy ten units for $500 and list them on Amazon for $100 each. After accounting for Amazon’s fees and shipping, you net $30 per blender, resulting in a total profit of $300. This is the essence of online arbitrage—leveraging pricing gaps to earn profits.

How to Spot Profitable Products at Kohl’s

Sourcing profitable items from Kohl’s requires strategic research, planning, and the right approach. Here’s how you can identify great deals:

1. Explore Kohl’s Clearance and Sale SectionsKohl’s frequently offers deep discounts on clearance items, often coupled with promotional codes or rewards like Kohl’s Cash. These extra savings can significantly boost your profit margins.

2. Focus on High-Demand CategoriesElectronics, home goods, toys, and seasonal products tend to perform well on Amazon. Look for heavily discounted items in these categories, especially during major sales events. Seasonal items can be particularly profitable if purchased post-season and held until demand rises.

3. Analyze Amazon ListingsBefore committing to a purchase, investigate the product’s performance on Amazon. Examine competing listings, reviews, and the price range to gauge demand and profitability.

4. Leverage Kohl’s Loyalty ProgramsSigning up for Kohl’s Rewards earns you points on purchases, redeemable for discounts. Kohl’s credit cardholders also gain access to exclusive deals, giving you additional cost advantages.

Essential Tools for Finding Profitable Items

Having the right tools can simplify your search for profitable products at Kohl’s. Here are some top recommendations:

Tactical Arbitrage: Compares Kohl’s prices with Amazon listings to uncover profitable opportunities.
Keepa: Tracks Amazon price trends, providing valuable data for evaluating potential sales.
CamelCamelCamel: Offers free Amazon price history data, helping you identify the best times to buy and sell.
OAXray: A browser extension that scans Kohl’s products to highlight potential profits.
PriceBlink: Compares prices across retailers, ensuring you’re getting the best deal before purchasing.

Factors to Consider When Sourcing Products from Kohl’s

When buying products from Kohl’s to resell on Amazon, it’s vital to evaluate:

Total Costs: Account for all expenses, including discounts, shipping, and fees, to calculate your profit margin.
Product Condition: Ensure items are new and unopened, as this is crucial for reselling on Amazon.
Brand Authenticity: Verify products to avoid counterfeit issues, which can lead to penalties.
Market Timing: Buy seasonal or trending products at the right time to capitalize on demand.
Amazon Restrictions: Check if the products fall under restricted categories or brands requiring approval (ungating).

Step-by-Step Guide to Reselling Kohl’s Products on Amazon

Set Up Your Amazon Seller AccountChoose between the Individual or Professional plan based on your expected sales volume. Provide necessary details to activate your account.
Research Profitable ProductsUse tools like Tactical Arbitrage to find items with low purchase prices and high resale potential. Look for products with favorable sales ranks and minimal competition.
Purchase from Kohl’s StrategicallyUtilize discounts, promo codes, and Kohl’s Cash to lower costs. Opt for bulk purchases when appropriate to enhance profitability.
List Your Products on AmazonAdd your inventory under existing product listings or create new ones if needed. Optimize your pricing to balance competitiveness and profitability.
Select a Fulfillment Method
- FBA: Amazon handles shipping, storage, and customer service, offering faster delivery and increased visibility.
- FBM: You manage storage and shipping, retaining full control over logistics.
Ship Inventory to Amazon (for FBA)Label and package products according to Amazon’s guidelines. Create a shipping plan and send your inventory to an Amazon fulfillment center.
Monitor and Restock InventoryTrack stock levels and plan replenishments for fast-moving items to avoid missed sales opportunities.
Maintain Customer Service ExcellenceRespond to customer inquiries and address returns promptly to maintain positive ratings.
Review and OptimizeRegularly analyze your sales metrics to identify successful products and refine your sourcing strategy.

Conclusion

Reselling Kohl’s products on Amazon can be a highly profitable venture if approached thoughtfully. By leveraging Kohl’s discounts, utilizing the right tools, and following a strategic sourcing plan, you can build a thriving business. Stay disciplined in managing costs, inventory, and customer satisfaction to maximize your success in the Amazon marketplace.