The Auction Sites Resellers Don’t Want You to Know About — Ep. 38
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Government auctions, liquidation auctions, and industrial surplus sales are hiding opportunities most people never see. This episode breaks down the auction sites resellers use to find inventory, source products, and build profitable businesses.
Shannon Jean is back to walk Ben and Jon through the auction sites, liquidation marketplaces, and government surplus programs where resellers find inventory most people never see. From Costco returns and Target truckloads to industrial equipment and military surplus, they break down where the opportunities actually are.
Shannon explains how experienced buyers evaluate manifests, use AI to research products, avoid emotional bidding, and often find buyers before they ever purchase inventory.
The conversation also covers Facebook Marketplace, reseller networks, live selling, and how Shannon accidentally grew a $5 mastermind into a community of more than 3,300 members.
Find Shannon Jean's Mastermind at https://shannonjean.com/mastermind
Find Shannon Jean's Auction Starter Guide at https://shannonjean.com/auctions
Business is simple. People are lazy.
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Timestamps:
00:11 — Shannon goes shopping (helicopters?!?!?)
05:27 — Strategies for flipping items
09:20 — Looking at BidSpotter
14:24 — Brand-names at B-Stock
16:51 — Importance of finding buyers before purchasing inventory
24:32 — Navigating high-volume liquidation
27:35 — High-profit opportunities with items like heavy appliances
30:29 — Analyzing a massive liquidation deal of auto parts
33:10 — Success stories from the reseller community
38:49 — The evolution of Shannon's mastermind and business vision
47:15 — Final advice on embracing discomfort to achieve business growth
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Topics: government auctions, liquidation auctions, surplus inventory, reseller business, liquidation pallets, Facebook Marketplace flipping, Costco returns, industrial surplus, side hustle ideas, online business
#LowBarPodcast #Entrepreneurship #BusinessTalk #Founders #Podcast #Reselling #LiquidationAuctions #GovernmentAuctions #SideHustle #Flipping
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