7 STEPS TO STARTING A PROFITABLE RETAIL ARBITRAGE BUSINESS

STEP 1 USE AMAZON.COM AS YOUR SELLING PLATFORM

The largest online retailer
Already has customers looking to BUY what you have
Don't have to spend $1,000's on advertising

STEP 2 UTILIZE THE FULFILLMENT BY AMAZON PROGRAM

Amazon stores all of your products
Gets your products in front of over 100 million PRIME buyers
Don't have to store a bunch of products at your house

STEP 3 FIND PRODUCTS LOCALLY TO RESELL ON AMAZON

Clearance aisles where you can buy 50-75% off retail price
Discount stores that often carry discontinued products
Mom & Pop shops with dated inventory

STEP 4 MAKE SURE YOUR ITEMS ARE PROFITABLE BEFORE BUYING

Scan all items with the Amazon seller app to check for profitability
Consider all costs of selling the item (shipping to Amazon, supplies, fees,
etc.)
Profit is NOT just the selling price (-) the cost of the item

KNOWING YOUR PRODUCT WILL ACTUALLY SELL

STEP 5 The Amazon Best Seller Ranking is like the Billboard Top 100 - the lower
the rank the better.
Never buy products with SUPER high ranks
Stick with ranks < 150,000 when first getting started

STEP 6 PREPARE YOUR PRODUCTS FOR SENDING TO AMAZON

Remove any store labels
Prepare your items to safely arrive at Amazon (poly bag, bubble wrap, etc.)
Apply the unique label Amazon gives you to identify your items

STEP 7 SEND YOUR PRODUCTS TO THE AMAZON WAREHOUSE

Box your items according to locations they are going to
Purchase shipping labels using Amazon's deeply discounted rates
Have your boxes picked up from your house (or use drop-off location)

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