Clear the Shelf with Chris & Chris How Shannon Sold $12M Flipping Watches & Purses
How did Shannon Jean turn purses and watches into a multi-million dollar resale business?
In this episode of The Clear the Shelf Podcast, Chris Grant, Chris Racic, and guest interviewer Saul dive deep with Shannon Jean into his journey of selling $4M in purses and $8M in watches.
They break down his exact strategies for sourcing profitable products, building supplier relationships, and scaling through multiple platforms like eBay, Poshmark, Mercari, and more.
Follow Shannon Here: https://x.com/ShannonJean
In This Episode, You'll Learn:
• How to build relationships with suppliers and source profitable inventory
• The importance of vetting products before scaling your purchases
• Shannon’s favorite tools like for product research
• Why you should sell on multiple platforms like eBay, Poshmark, and others to maximize profits
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We'd love to hear from you.
What pain points can we solve? What questions do you have?
Who would you like to hear as a guest?
Email us at chris@cleartheshelf.com
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RESOURCES FOR YOU:
🧰 https://www.ClearTheShelf.com (The Blog)
🧰 Keepa Academy - https://www.oachallenge.com/keepa-academy
🧰 OA Challenge - https://www.OAChallenge.com
🧰 Repricer Challenge (Free) - https://cleartheshelf.com/repricer-challenge
🧰 RabbitTrailChallenge (Free) - https://cleartheshelf.com/rabbit-trail-challenge
🧰 revROI Chrome Extension (Free) - https://cleartheshelf.com/revroi-extension
🧰 Goal Tracking Spreadsheet (Free) - https://cleartheshelf.com/goal-tracking
SOFTWARE & SERVICES I USE & RECOMMEND:
✅ IP Alert (Code YT30 to Save $30) - https://entreresource.com/ip-alert-2/
✅ Tactical Arbitrage (Code CLEARTHESHELF for a 10-Day Trial) - https://tacticalarbitrage.com/?frnd=12
✅ Boxem - https://cleartheshelf.com/BoxemLive
✅ AURA Repricer (Code CTS to Save 20% Off Your First 3 Months) - https://goaura.com/cts
✅ RevSeller (Code PRO20 to Save $20) - https://www.revseller.com/32851/258.html
✅ OA Buddy (Code CLEARTHESHELF Saves $20): https://cleartheshelf.com/OA-Buddy
SOCIAL MEDIA LINKS:
🐦 Twitter (Chris Grant): https://twitter.com/cleartheshelf
🐦 Twitter (Chris Racic): https://twitter.com/ChrisRacic
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Timestamps:
0:00 - Introduction to Shannon Jean and the topic of flipping high-end items
2:45 - How Shannon got started with selling $4M worth of handbags
6:20 - Transitioning into the luxury watch market: $8M in sales
9:15 - Building relationships with suppliers and sourcing opportunities
12:40 - The power of networking: Using LinkedIn and social platforms
16:00 - Analyzing deals: "You make your money on the buy side"
19:05 - Mistakes are tuition: Learning from errors in arbitrage
23:50 - Scaling up operations: How Shannon went from small warehouses to larger spaces
27:35 - Navigating auctions and sourcing from liquidation platforms
31:00 - The importance of curiosity and taking calculated risks
35:45 - Shannon’s “purchasing equation” for analyzing inventory deals
40:20 - The value of persistence and consistency in building supplier relationships
44:00 - Understanding liquidation products and vetting suppliers
48:30 - Selling across platforms: Amazon, eBay, Poshmark
52:45 - The transition from an analog to a digital marketplace
57:00 - Setting up systems for arbitrage success
1:01:15 - How to balance risk and reward when scaling your business
1:05:50 - Advice for new sellers: Start small, learn, and scale up
1:10:30 - Closing thoughts and advice for entrepreneurs