When running your Amazon arbitrage business the key to your success will come from the ability to find appealing products that you can then resell for a profit. When finding these products, the lure of a hidden clearance sale can seem appealing – after all, you can find discounts of up to 90% in some cases, but is hidden clearance a viable online arbitrage growth strategy?
Walgreens offers a wide range of products across a range of categories from toys, games and books to pharmaceutical items and beauty products, which makes it a popular place for online arbitrageurs to find these types of products at great prices. In this article we’re going to take a closer look at Walgreens’ hidden clearance, and discover if there are other ways you can increase your profit margin by picking up a deal at this popular store.
An intro to hidden clearance
Hidden clearance is where a store discounts an item, but keeps it marked up at the RRP. To anyone browsing normally, the item appears to be full price, but to those who either have access to the store’s app or website, they can see the lower, hidden price. This can be extremely profitable to those doing online arbitrage as there isn’t any competition to pick up inventory at this discounted price, as nobody knows about it – all anyone else can see is the RRP.
Hidden Clearance at Walgreens
Walgreens does not do hidden clearance. As far as we could tell, this extends to both online and in-store – and if you go onto Walgreens’ site or into a store expecting to find unadvertised deals, you will be disappointed. There is a way you can get coupons and discounts by using their app in-store, but this doesn’t also apply to their website.
Walgreens does have an online clearance section and this can be a great place to find a bargain – however, if you’re really smart, you should be using SourceMogul to help you identify these potentially profitable products.
Using SourceMogul to identify profitable products at Walgreens
SourceMogul scans hundreds of retailers, including Walgreens, every day to find products which you can purchase for less than they are selling for on Amazon. It then uses in-built analytics to help you calculate shipping costs, selling fees and sales tax, so you can easily see how much profit you’ll make on each item.
The alternative to this is doing things manually, which may be OK if you want to earn a little pocket money but isn’t viable if you want to scale. With SourceMogul, you’ll be handed online arbitrage leads scanned from millions of products available online for you to take your pick.
The best products to resell on Amazon from Walgreens
Walgreens can be a great place to find a bargain which you can resell on Amazon for a profit, and although they have a wide range of products available, knowing which to look for is the key to your success. Let’s take a look at some of the most popular categories you can buy from Walgreens.
Vitamins and Supplements
Walgreens started out as a drugstore and pharmacy, so it’s understandable that they have a wide range of health items including vitamins and supplements. This can be a great category to tap into at Walgreens because not only do they have a large range of products available, they will often run discounts and promotions on them – for example, buy one, get another half price.
It’s important to remember Amazon has some specific rules about reselling vitamins and supplements, so it’s important to make sure you brush up on these before you purchase stock to resell. Check out our article on Amazon gated categories for more information about this.
Health monitoring devices
Another category that Walgreens specialises in is health monitoring devices, such as weighing scales, body fat monitors and digital thermometers. You can get some good deals in this category – for example, at the time of writing this article we found a Braun Thermoscan 5 Ear Thermometer on sale at Walgreens for $28.00 which was being sold on Amazon for $43.40.
This means you’d make a profit of $15.40 before fees and shipping on every unit you sell. Equally you’d also earn yourself $0.28 Walgreens cash on each unit you purchased – which you can put towards your next purchase at Walgreens to give yourself an even bigger profit margin.
How to further increase your profitability at Walgreens
After you’ve used SourceMogul to find profitable items to resell, there are a few more ways that will help you either save money on what you’re buying, or save money on future purchases from Walgreens.
Walgreens Cash
Walgreens offers a rewards program called Walgreens Cash and this can be a great way to save some extra money on any purchases you make when shopping in store or online at Walgreens. You will need to sign up for a myWalgreens Rewards account, which you can do for free at walgreens.com. Then, whenever you make a Walgreens purchase online, they will give you 1% back for every 1$ you spend. So, if you spend a dollar, you get 1 cent cashback on that purchase.
This may not seem a lot, but with SourceMogul you can filter by retailer so that you’re only searching Walgreens’ website for deals, so you can either earn more Walgreens Cash or put your existing Walgreens Cash towards new purchases. You can also do this with a number of other retailers – Kohl’s and Sam’s Club are two good examples.
You will get up to 5% cash on Walgreens branded products, but you won’t be able to sell these on Amazon due to branding restrictions.
Walgreens may sometimes offer additional Walgreens Cash against certain products or product categories, for example you may get 7% on certain health and beauty items, instead of the usual 1%. Walgreens will not usually publish a schedule for this kind of promotion, so the easiest way to stay on top of them is to sign up for the Walgreens newsletter or app. This can add a nice extra bit of profit to your arbitrage purchases.
Don’t forget, you can include this discount when sourcing products through SourceMogul, as the platform lets you calculate additional discounts and sales tax to make it easier to calculate your profit.
Seasonal discounts
Throughout the year, Walgreens will have seasonal discounts which allow you to save even more against certain products and categories. Sometimes this is applied as an additional percentage discount through the use of an online coupon code, or other times you may qualify for additional Walgreens cash.
Walgreens’ Online Clearance
Walgreens does have a very extensive online clearance section, which you can use to find cut-price products to resell on Amazon. Walgreens uses this section to clear inventory to make way for new products, or to help speed up the sale of slow moving products. This section can be a treasure trove of profitable products, so it’s worth taking a look.
The great thing about the Walgreens Online clearance section is that SourceMogul will automatically check this section for the products with the best prices available, so you don’t need to worry about coming back to check on it every day for new products.
Buy 2 get 1 free offers
One method that Walgreens like to use to clear out surplus stock is by running Buy 2 get 1 free promotions. This allows customers to choose from a selection of specific products and for every two that they buy, they can add a third for free.
Although most day to day consumers will pick a selection of products to get the offer, as a reseller on Amazon, this type of promotion can be a great way to pick up stock of a single product type in bulk, especially if it’s already at a good price, because the ‘free’ product can essentially be sold for pure profit before shipping and fees.
Walgreens Hidden Clearance FAQs
Does Walgreens offer free shipping on clearance products?
Yes, Walgreens offers free shipping on any qualifying order over $35, including on clearance items. It’s worth noting that this order threshold applies after promo codes and coupons have been added to the order. If discounts cause the order to drop below $35 dollars, you will either have to pay for shipping or add more to your cart.
Do Walgreens Coupons work on clearance items?
This depends on the individual product. In some cases, Walgreens will allow you to stack discounts by using a coupon on top of a clearance item and can usually be done with manufacturer coupons. However, it’s worth noting that you can’t use Walgreens Cash against clearance items.
Do any other retailers offer hidden clearance items?
Yes, many other major chains offer a hidden clearance section, most notably Walmart and Target. However, even though some retailers don’t offer hidden clearance items, it doesn’t mean they can’t be a great place to find a range of bargains to help grow you online arbitrage business. Kohl’s, Sam’s Club, and Lowe’s are all great places to look for these deals, especially if you’re using SourceMogul to quickly scan their inventories to find profitable products.
Final thoughts
Although Walgreens doesn’t offer a hidden clearance section, it doesn’t mean that you can’t find a great deal on products which you can then resell for a profit on Amazon. If you’re a savvy shopper, you can even get additional cashback on certain products which can then be used to save you even more money on future purchases, helping to increase your profit margins even further.
Most importantly, by using SourceMogul, you can stay on top of the latest deals available at Walgreens and make sure you’re first in line to find the best deals on the products you want to sell.
Sign up today for a free 7-day trial of SourceMogul and find out how it can help you grow your online arbitrage business.
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