I tried retail arbitrage on Amazon FBA for 30 days. I was able to make over $4,000 in revenue. I break down what went into getting to that number, from getting unrestricted in categories to how much time I spent to make that money.
In the end, you can see that I ended up making a pretty underwhelming dollar amount per hour, I also talk about the big issue with FBA retail arbitrage, and that's scalability.
When I got started with Online and Retail Arbitrage, I was confused with some of the different apps and software needed to start, so I made a list to try and help you start.
Something that I forgot to mention is the usefulness of in my journey doing Amazon FBA and Retail Arbitrage a barcode scanner. I was on the edge of buying one, but when I did it increased my items scanned, and in turn, items were found tenfold. I was so shocked that I left a review for it on amazon. This is the one I used, and I recommend buying one when the budget allows. It will pay itself off.
Chapters: 0:00 Intro 0:20 How it started 0:23 Dropshipping Legality on Amazon 01:10 Finding Product Manually 1:29 Finding out about retail arbitrage 2:00 Started Retail arbitrage 2:24 Selling Restrictions 3:12 Unrestricted by Wholesaler 3:38 First Sales 4:01 Best selling item 4:37 Joined BOLO group 5:06 First Replenishable 5:27 Anthony Collab and some issues 6:08 The Numbers and The Big Issue 6:47 Calculating the hourly Pay 7:17 The Funnel Guru Bad 7:35 Outro
