Retail arbitrage, is when you buy items in stores and sell them online. Stores are getting rid of products that aren’t selling as well as they expected, so they sell them at a discounted price.
1. Sign up with a platform like Amazon FBA and eBay. 2. Visit local retail stores. 3. Check if the products you’ve selected are profitable. 4. Sell the product.
You can price your items at any price you want. You can see the price others are selling on Amazon and adjust your price to that.
While you should be open to any product, it’s good to check the product carefully. What is the condition, are there any damages, or is a new version coming out?
Take your time in every store. When you are not taking your time and need to move stores all the time, you’re not doing it efficiently.
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