Back on August 4th, the NYT wrote an article how people were buying kayaks, pools, tents and trampolines. By the time this article came out, pool season was already over and trampolines were mostly a dud because you had shipping issues (me included.) With tents, there were just too many varieties, so we never moved to tents. However, the Slack group went HARD on kayaks. No the hard kayaks – the inflatable ones! The odd thing is that Intex pretty much dominates the inflatable kayak market. There was really only ONE that people wanted – the Intex K1 challenger.
This kayak retailed for about $70 or so. We were selling these back in late June. My first sale was around $125 and I sold about 10 the first weekend. I knew they were a hit when buyers would refer their friends to me to buy some too. I eventually raised the price to $150 and ultimately went up to $175 when a local buyer agreed to send me a ‘non-refundable deposit’ to hold one for him for $175. The funny thing is that Intex’s last shipment came in late July I’d say. Thus, you couldn’t find any at all in August. These were hot cakes. How hard did I go? See picture below.
I mean, even I got nervous if I would be able to move them all, but I actually moved like 75% of them locally (thanks PNW) and then wish I had more at the end there. The Intex K2 2 person kayaks were also very profitable (think that was $90 buy and $175-$200 resell.) The 5 person Intex boats were a hot commodity as well. With Switch demand waning in July, kayaks were the way to go. This earned my Slack users a lot of profit in July – I mean, one kayak paid for the monthly membership.
Are you in on the RTX 3080 and 3090 on Thursday?
👏 props 👏