Shopping Goodwill Outlet: How to Make Thousands of Dollars

Goodwill outlet stores are not the same as you Goodwill Retail stores because at the outlets you will dig through bins and pay a flat rate per pound.  For instance here in Denver, CO when I go to the outlet store I will pay .99/per pound.

Below is a video by Casey the Rockstar Flipper and he is going to go over the basics you need to know in order to make thousands of dollars shopping at Goodwill Outlet to resale on eBay. I have personally used his techniques and they work amazing.  I always believe that if you want to learn how to do something then learn it from someone who is really successful at it.  Rockstar Flipper does over 6 figures a year in sales, and drives an i8 BMW, all from his eBay business.


Goodwill Outlet Tip #1 – Know the hours and get there early

You want to get to the Goodwill Outlet store as soon as the open the doors for 2 reasons:
1. The shopping carts go fast, and you want a shopping cart because your goal should be to fill it to the top.

  1. In most cases they start rotating bins as soon as they open. The more bins that get rotated the more potential money you have to make. Also, the first bins typically have some of the best stuff in them.

Goodwill Outlet Tip #2 – Be aggressive

Shopping in the bins is a lot like Black Friday because you have a lot of people there looking for those diamonds in the rough.  You need to be prepared to dig fast, stand your ground and don’t let people push you around.

Goodwill Outlet Tip #3 – Make sure you dig to the bottom of every bin

So many people in the bin store skim the top and miss out on amazing items that are buried under a ton of crap.  Treat this like and job and work hard, and that includes digging all the way through the bin.

Goodwill Outlet Tip #4 – Make sure you wear gloves

This is so important because a lot of the stuff is nasty, sometimes you will have broken glass, or sharp pieces of metal and you want to protect yourself from getting cut.  You don’t have to have gloves for clothes, but for sure if you are going to dig in the regular houseware bins and electronics.

Goodwill Outlet Tip #5 – If you see something you want grab it immediately

If you see something that you think might have value but you’re not sure grab it, put it in your cart and go back to it later to check its value.  If you don’t someone else will grab it and you will be SOL.

Goodwill Outlet Tip #6 – Make Friends

Build relationships with the employees and the other people that shop regularly.   The employees are a great source because they can let you know when the next set of bins are coming out, and  give you a discounted price on heavy items.  Regulars are great because many of them will tell you and show the items that are making them money and give you tips.

Goodwill Outlet Tip #7 – Make Friends with the Managers

These guys can give you deals on buying in bulk and discount pricing on those heavy items like blueray players and stereos.  Also, they can give you updates on the things that are coming up like specials or discount days.

Goodwill Outlet Tip #8 – Stay to the end

If possible plan to stay to the very end and go through as many bins as possible because you can find good items all the way to the end.  Also, a lot of people leave early, so you have less competition toward the end of the day.

Goodwill Outlet Tip #9 – Learn how to weigh an item without a scale

You need to be able to tell how much something weighs for 2 reasons:
1. You need to know how much it’s going to cost you
2. You need to be able to calculate how shipping cost will be when you sell the item

Goodwill Outlet Tip #10 – Research every item on eBay before you pay for it.

Basically you want to research each item and make sure it is going to bring in a profit.  Wait till your ready to go, then go over each item to make sure that your are going to make money.

The Best Places to Source Items for eBay

The absolute hardest parts of selling online is finding Best Places to Source Items for eBay.  Inventory is a never ending battle, but in this article I am going to give you a list of some of my absolute best places to source items for eBay.  I have been selling on eBay for over 10 years and some of my favorite honey holes for sourcing I just learned about in the last year.

Here are my picks for the best places to source items for eBay:

  • Goodwill Outlets – Do not get the Goodwill Outlet stores confused with the Goodwill Retail stores. Outlets are where you will go and shop out of bins.  When you purchase your items you will pay by the pound.  For instance the Goodwill Outlet in Denver, CO is .99 cents per pound.  So, I can basically fill a basket full and walk out of the store spending $50-$75 dollars.  This is a great way to build up inventory when you are just getting started.  The down side to the Goodwill Outlet (also referred to as the Goodwill Bin Store) is that it is 99% junk, so you have to spend your time digging through the bins looking for that diamond in the rough.  It also a little dirty so if you are a germaphobe then I do not recommend you go.  If you do go I recommend taking a pair of thin gloves.  I will write a full post on how to shop the Goodwill Outlets.
  • Goodwill Retail – Please note that not all Goodwill’s are created equal, so you need to visit all the Goodwill’s around you and find that one that has the best prices and the best inventory. I visit 3 Goodwill’s in my area.  One has the best prices, one has the best inventory, and the other just because I can find an item every now in then.
  • School Auctions – Local school auctions are a great source for inventory. The government loves to spend money and they have to constantly upgrade equipment and use all of their funds per year or they lose the funding.  This means they get rid of perfectly good working items just so that they can replace it with a new and better version.  You can typically purchase items by the pallet, and get massive ROI off you investment.  TIP:  Go to the auctions in the nicer suburbs with big school budgets,  and stay away from inner cities.
  • Library Sale (Books, CDs, DVDs) – I use to find libraries that are having sells in my area. You can normally find books for .50-$2, and CDs and DVD for .25-$1.  This is a great place to source if you know how to scan books, cds , and dvds.  I will make a separate post and video on how to scan books to sell on amazon and eBay.
  • Garage Sales/Estate Sales – These are great because you can really haggle and get some good deals, and most people just want to get rid of the stuff due to lack of space so they are willing to bend on their prices. When it comes to Estate sales Sunday is normally the last day and everything goes ½ and you can talk them down even more.  With that said if there is something really nice at an Estate Sale you need to buy right when you see it because if you don’t someone else will.  Then, go back on the last day and bundle a lot of smaller items that did not sale and get them for pennies on the dollar.

I know that there are a ton of other places to source, and we did not even cover online avenues, but these are some of the Best Places to Source Items for eBay that I have found.  I would love to hear from you, so in the comments please list you favorite place to source inventory.