Retail Arbitrage: How to Arbitrage Successfully Online - Erik Smith - Bog

Retail arbitrage is a simple business model. First, a retailer sells a product for a certain price. Second, you purchase that product and resell it for a higher price. Third, you keep the profit. It doesn't matter if that product is being sold online or in-store. What matters is that the price it's being sold for allows you to make a profit through reselling.But even if retail arbitrage looks like a simple process of reselling products, it's not all about that. While the method may be similar, there's more to consider if you are doing retail arbitrage. One of those things is understanding the opportunity that brings about re-sellable products. Another thing is understanding the benefits and threats that retail arbitrage poses.Yet another thing to consider is how to get started. You simply can't walk in to Wal-Mart, for example, pick the products you want to sell, buy them in bulk, and then go off to resell them. There's more to simply finding and choosing the right product for you.On top of getting started is how you can keep things going. Realize that when you start on something like retail arbitrage, it's not too simple to quit. That's especially if you are having fun doing it, while enjoying the profit it brings. Still, staying in the business of retail arbitrage is one thing. Being successful in it is another. There are people out there who are sharing that they quit their full time job because they're doing great in retail arbitrage. What are their secrets? This mini ebook answers all these questions.Throughout its discussion, it will involve online marketplaces like Amazon, Alibaba, eBay, and Facebook Markets, as well as physical stores like Wal-Mart, Target, and other leading retail companies.At the end of this book, readers should have a clear understanding of the basic principles involving retail arbitrage, how they can get started on it, how they may grow from it, and how they may succeed in it.You Will Learn: Understanding the Opportunity Understanding the Pros and ConsGetting StartedChoosing Your Products Tips for Succes