Retail arbitrage: how to arbitrage successfully online / Erik Smith

Author : Smith, Erik
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Retail arbitrage: how to arbitrage successfully on...

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

Publisher : USA : Independently published
Publish Year : 2019
Page : 20 p
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