What is retail arbitrage?
The process of retail arbitrage is simply to look for products from one retailer that are very affordable and to sell them on a marketplace such as Amazon. There are people who spend all day just driving around ad going to stores with an application that allows them to see how well a product is selling on Amazon and this allows them to decide if they want to purchase that product and send it out to Amazon for their FBA business.
How to profit from retail arbitrage?
This is going to be a process that requires a lot of time to be invested in the process of searching for great deals. You can think of this as being a treasure hunter. There are many stores out there that are selling new items for a very low price, and you can scan those items on the spot to get all the information you need regarding their level of demand on Amazon.
We recommend that you go download the Amazon Sellers App for free. Once you have the app, you can scan barcodes to reveal the information you need regarding that particular product.
The app will give you information on how much competition is to be expected from a product, and also if the product is restricted. This is the type of information that you want to be using to decide if you should be buying a product to sell on Amazon.
Some people spend a lot of their day just driving from one store to another in search for the best products to sell on Amazon. This is what retail arbitrage is all about and it can be a very profitable strategy to sell on Amazon and turn a very attractive profit from your efforts.
Check product reviews
If you happen to find any product that seems to be a great opportunity for profit, but you are not sure that the data convinces you of the value, you can always check the product reviews in order to see what buyers are saying about that particular product.
This is very useful because it will give you all the information you need in regards to the quality of any product that you may be considering to sell in the platform.
Final thoughts
One of the best things about retail arbitrage is that you can see a great amount of profit if you are willing to do the research to place as many products as you can on Amazon. The best thing about this process is that you are going to be able to do this on a daily basis and this is going to create a constant stream of income.
Tip of the day: Don’t forget to consider selling products in gated categories on Amazon. The benefit is selling products that other Amazon sellers can’t. An ungating expert, like the Ungating Wizard, can easily get you ungated in 24 hours so you can list your products on Amazon and make more income selling in restricted categories.