SHOULD I BUY OFFICE DEPOT STOCK FULL

Those are not retail stores and it's clearly first come, first served. I don't have to like it, and I don't.įYI: I have no problem with people reselling what they pick up at yard and garage sales and estate sales. You have a right to resell, but frankly if you're not buying something wholesale, it's just plain old profitering and buying up merchandise that others could buy at those prices. ONly an alert manager should be smart enough to set limits on amount you can buy of these sale items to prevent resellers from swooping in.) Customers who spend plenty at a store like Office Depot end up losing out to people who probably ONLY shop there for such sales. (Cashiers could care less how much you buy. Here's what really bothers me about this: Regular customers frequently can't take advantage of any sale items because these resellers swoop in and buy up a lot of stuff.

It's called scalping and basically, it's what you are doing too.įYI: Any money you make above what you paid is profit and is taxable income, though I doubt people who are doing what you are doing are reporting it as such. Sounds a lot like the justification people make when they buy concert or theater tickets and then resell them. So, pop down to your local Office Depot when you get the chance, and try your hand at some 'buy low, sell high' wheeling and dealing. And trust me, it can easily add up to a few hundred dollars profit every month. But, as long as Office Depot continues to do this heavy-handed discounting, I'll be there every week to pick up some bargains and sell them for a little extra cash.

SHOULD I BUY OFFICE DEPOT STOCK FULL

And it's not on poor quality goods, these are products that are still retailing for full price, and selling well, in other stores. I've done this before in the past, but Office Depot continues to surprise me with these huge discounts every single week. I just post the ads, sit back, and wait for a buyer. With eBay and Craigslist at my disposal, I don't have to do much to make my sales. I'll get $10 for the hole punches, and $5 for the locks.

The TVs will sell for $50 easily, which is $30 profit on each. The voice recorders sold for a very nice profit. Recent purchases have included two Olympus Voice Recorders for less than $4 each (they retail at $35), several hole punches for $1.84 (retail price $19.99), combination padlocks for 94 cents ($10 retail) and most recently, a few handheld 3.5' TVs for $19.99 (Amazon has them for over $100 right now).Īs these are all brand new, flawless, and still in their boxes, it's no hassle to sell them for a sizable profit. I pop down to my local Office Depot once a week for office supplies, and I never fail to find incredible bargains when I'm there. So, with that small hurdle out of the way, let me just say that if you're looking for cheap gifts, bargain office supplies, or simply a steal that you can resell and make some extra cash, Office Depot is an oasis even more reliable than Target, Ross or TJ Maxx.

To those people I say, why? That's the entrepreneurial spirit that makes this country great, and the foundation for millions of businesses. Now some people may snub their noses at the idea of buying items on sale and then selling them for a profit. The store is Office Depot, and it's a terrific source of resalable items. And when I say sale, I don't mean 20% off, or even 50% off. I've finally found a store that, regular as clockwork, puts great items on sale.

Should i buy office depot stock