Disclaimer: This post uses affiliate links from Amazon.com. I receive a commission when you make a purchase using these links, so thanks for supporting FPT Gift Box!
Today, I finally sold the last of the goods I acquired during Black Friday. I stayed up really late on Thanksgiving (or early Friday morning) to see what Black Friday deals were available online. I’m not a morning person so I opted to stay up until 2-3am looking for a few good deals.
Amazon had a number of deals so I focused all my attention there. I bought the following items, thanks to tips from Oren’s Money Saver:
- 2 x Acer Chromebook ($103.30)
- 2 x Bose SoundTrue Headphones ($81.55)
- 1 x Nest Thermostat, 3rd Gen ($216.41)
- 4 x Nexus 6 32GB ($217.49)
- 4 x Nexus 6 64GB ($282.74)
- TOTAL = $2,587.03
I thought the prices were very good, plus I had acquired a bunch of Amazon gift cards from the $15 of $60 AMEX Offer and the double cashback (10x UR) with Chase Freedom. I used the Amazon gift cards to pay for all these items, which brought my out of pocket cost down by another 15-25%! In addition, I used the Amazon affiliate link from my daughter’s elementary school to make all the purchases. The school received 4-6% commission from my purchase of the Amazon gift cards AND another 4-6% commission for the Black Friday sales items! What a great way to stack those discounts while supporting the local community! (Note: If you missed the Amazon gift card deals in December, you can buy discounted Amazon gift cards from the FPT Gift Box Store.)
I knew I could definitely break even selling these items to friends, colleagues, and/or on Craigslist. If I’m lucky, I could make a nice profit, depending on what deals were available the weeks leading up to Christmas. I haven’t figured out how to sell things on Amazon via FBA yet, plus, I didn’t know whether I’d be able to sell something I bought from Amazon on Amazon. So I posted these items on Craigslist, at work, and on a few online forsale groups. I figured whatever I couldn’t sell, I could always give the items away to those in need or donate to fundraising events.
Well, it has taken me a little over two months and I finally sold the last item which was the Nest Thermostat. I actually bought the Nest for my personal home use but two months later, it’s still sitting in an unopened box. I didn’t have the time to figure out how to install it and now that winter is almost over, I decided to sell it. I listed the Nest for sale at work and it was sold right away.
So here are the numbers:
Amazon gift cards
- $15 of $60 AMEX Offer ($1800)
- # of AMEX cards registered to the offer: 30
- Total credit card charges: 30 x $60 = $1800 Amazon gift cards
- Total statement credits: 30 x $15 = $450
- Total out of pocket cost: $1800 – $450 = $1350
- 10x UR Chase Freedom ($787.03)
- Total credit card charges: $787.03
Out of pocket cost
- $1350 + $787.03 = $2137.03
Money received from selling
- 2 x Acer Chromebook = $260
- 2 x Bose SoundTrue Headphones = $200
- 1 x Nest Thermostat, 3rd Gen = $220
- 4 x Nexus 6 32GB = $1050
- 4 x Nexus 6 64GB = $1160
- Total received = $2890
- Cash profit: $2890 – $2137.03 = $752.97
- Total points/cashback:
- AMEX Blue Cash: 12 x $60 x 1% = $7.20
- AMEX Platinum: 5 x $60 x 1 = 300 MR points
- AMEX SPG: 13 x $60 = 780 SPG points
- Chase Freedom: $787 x 10 = 7870 UR points
Given that my out of pocket cost was $2137, this is a 35% return on investment excluding the value of the points!
Vision for FPT Gift Box
My vision for FPT Gift Box is to take the proceeds from the sales of gift cards and goods, extra gift cards (if any), and the miles/points to sponsor kids with severe medical condition/disability to a dream trip to Disneyland! The money made from Amazon’s Black Friday deals is enough to buy Disneyland ticket for one family! If you know of a child with a severe medical condition or disability and want to make their Disneyland dream come true, please send me a message!
That’s what “The FPT (5+2) Model“ is all about – turning limited resources into abundance and blessings!
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