Low Bar Podcast

How He Makes Money Flipping Costco and Amazon Returns — Ep. 21

Feb 9, 2026
Shannon Jean, reseller and auction expert who teaches buying liquidation and return inventory from big-box retailers and government auctions. He screenshares real liquidation buys and explains how he evaluates manifests and calculates landed costs. He highlights boring, high-margin items, freight strategies, local contractor sales, seasonal arbitrage, and scaling flips into full resale businesses.
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ADVICE

Set A Max Bid Using Landed Cost Math

  • Do calculate margin thresholds before bidding: know how much you can pay after including shipping and still make desired profit.
  • Example: a $4,100 adjustable desk pallet closing at $500 plus $1,000 freight means you must verify selling price can cover $1,500 landed cost.
ADVICE

Learn Shipping By Selling What You Already Own

  • Do learn shipping by selling items you already own before buying pallets; list clothes or shoes to practice packaging and USPS/priority ground rates.
  • Start small so you understand labels, boxes, and returns without upfront pallet risk.
ADVICE

Charge Shipping And Offer Free Returns

  • Avoid offering free shipping; instead charge shipping and offer free returns to solve disputes and maintain margins.
  • Shannon says charging shipping preserves margin while free returns defuse customer issues and rarely increases return rates.
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