Quick Update – If you’re reading this at 8AM PST, remember, 9AM PST is the Kaskade ticket hour!
Okay, back to our regularly scheduled programming. I know when you read that headline, you thought to yourself, “WHAT? I thought he was going to stop reselling.” I did! Well, sort of. I still have lots of benefits and gift cards that I want to use up so I can finally quit. One of those benefits is the Shop Your Way VIP quarterly benefits… the one where you have to spend $10K a year to achieve Platinum status. Don’t ask me what I bought. Just know I bought a lot of it and made a nice margin off of it!
Anyway, I had been lazy to select my Sears VIP Platinum benefit when the quarter started in July. Usually procrastinating is a bad thing, but it seems Sears has gotten lax on the quantity available (that or they are adding new items throughout the quarter.) At that time, I couldn’t find anything good that I could resell to maximize my VIP benefit, so I just left it as is. The other day, I finally logged on to redeem the benefit before I forgot and found this deal on a Kitchenaid mixer. There was a 50% back on an RCA 65% LED TV which would have made the TV about ~$400. I thought about that deal, but I had just gotten an RCA 55″ for about ~$275 from the previous quarter and really didn’t need ANOTHER TV. Anyway, I went ahead and chose the mixer since it was 100% free (assuming you actually can use SYYR points.)
Here it is on the Sears page. I love mystery prices.
Here it is in my cart. SWEEEEEET!
Here it is when checking out. Now here’s the thing about Sears SYYR points. Initially I had redeemed the $7.65 points. When I did that my ‘back in points’ dropped by $10 to $326. It makes no sense to redeem $8 and lose $10. WTF SEARS?!? In the past, I was able to immediately remove the point usage, but it looks like Sears changed its web site in the past 6 months or so. Now to remove point usage, you have to close the tab and start over. That’s what I did anyway so I could go through the Discover shopback portal.
Here it is after I’ve checked out:
The full math here:
- Paid $325.79
- $335 SYYR points back
- $30 (10% Discover portal back)
- $30 (double Discover back promo)
- $30 (when I bought the $300 Sears GC via the Discover portal 10%)
- $225 (Amazon FBA after fees and inbound shipping)
So I should be getting $650 back from the entire deal ($615 if you assume I can only covert 90% of SYYR to cash). It cost me $325 for the item, so a nice ~$300 profit after everything is said and done. Of course now I have to spend $335 at Sears, but so be it. #CostofDoingBusiness