If you want to know more about what is Retail arbitrage take a look at this
So here’s a few of my recent purchases, I hope they inspire you to ‘Be On the LookOut’ #bolo
Randomly I came across FakeBake products in Boots reduced to £7.50 each, they had 5 left so I bought them all and I even got 20% off with a voucher, so £6.00 each
currently at #116109 sales rank,
They each sold for £30.50 plus postage costs ( I had to sell these merchant fulfilled rather than FBA) but all sold within 2 weeks.
– Amazon Fee £6.25
-My Hermes postage £2.80
= £19.44 profit x 5 £97.20
Now this below was the ultimate find, keep a look out for this beauty! Lovely Persian The (pronounced tea) by Crabtree & Evelyn, I was concerned that the sales rank being over #153110 that it would take ages to sell so I just bought the one! BIG MISTAKE!! It actually sold the very next day at £119.95 plus £3.99 postage! Obviously I was straight online trying to find and buy more, but all sold out! grrrr!
-£4.99 My Hermes signed for post
-£39.99 unit cost
= £60.96 profit margin!
I have to mention that I’m ungated to sell within the beauty category on Amazon, a category quite challenging to be ungated in, but not impossible, however you could also sell these items freely on eBay. This book is really great value and will get you up to speed fast on the tail arbitrage business model.
If you know anyone who would be interested in learning more about making money from shopping, please don’t forget to share this post!