I’m not a guy that frowns on a flip. I consider myself one who looks for opportunities to flip and takes advantage of every chance I can get to ethically flip something for some extra cash.
Unless you’ve been under a rock you’ve seen the hobby explode over the past few months and this has made it to where a $49.99 mega box of 2019 Panini Chronicles can soar to $250 on the secondary market.
This is just the latest example as there are plenty of others. I’ll list a few…
2019 Prizm Mega Boxes that were $49.99 at retail are $500 now.
2020 Topps Chrome is double it’s retail cost already (Topps Chrome is a low level product, it’s absurd that it’s selling like this considering the content.)
2019 Panini Mosaic NBA Hanger Boxes are $130 on eBay
I could spend a considerable amount of time showing you more examples but seeing as how you know about this website then you probably know all about the secondary market on these.
The problem with absurdly high prices on retail market is that people will go to almost any length to get them when the pay out is that high. Almost every day in facebook groups you hear of instances of altercations over retail. Some of it is parody and some of it is real. I found this parody that I read recently entertaining assuming I’m wrong and it wasn’t real.
Beyond the absurd there are two very real scenarios that seem predatory and make the retail flip game seem rigged here.
The first one is when a rep from a company like MJ Holdings or Excel Marketing starts working in tandem with local contacts and alerting them when they are stocking product as a que to come pick it up. I’m sure this isn’t very common as it’s really risky for them to do, but we have had VERIFIED reports of this happening.
Enter the most 2020 Retail Flipping story of them all.
James Henderson III is a regional supervisor for SAS Retail services in Charlotte, North Carolina. He services the Wal-Mart division as is apparent by his profile on LinkedIn.
He also comes up with GOBS of product meant for retail shelves.
Not only does he come up with the product he’s offering to SHARE HIS SECRETS WITH YOU THE COMMON MAN FOR THE LOW LOW PRICE OF $50 A MONTH!
How do we know it’s him you ask? Check the picture and name on his eBay account. Really sloppy here.
Is this product actually hitting retail shelves? I sure hope @SASRetail on twitter finds out and takes appropriate action if not. It would be a shame if you hit them up and asked them to look into it.
Is he simply using his inside information to find the product and be waiting to pounce when it’s put on the shelves using a network of his buddies? Honestly that’s just as bad.
This is why we can’t have nice things.