24/08/2022
Hi guys today I am going to tell you about ONLINE ARBITRAGE.
Online Arbitrage:
Online Arbitrage is a process of buying products at discounted price from retailers (such as Walmart), and selling them on other market places (such as Amazon).
*Minimum budget required to start this business is from 500$ to 1000$.
*Need of Professional Account.
*Without having LLC/LTD, this business can be start.
*In OA there is no need to buy products from suppliers in bulk, we just need to buy products from online retailers in less numbers.
*In Online Arbitrage we source product locally from any online retailers like Walmart, Sams Club, Best Buy, Kmart, Target, Khols, Disney, Lowes, Home Depot, CVS, Shopko etc.
*Only those products can be sold which don’t need Brand’s approval , otherwise brand can do IP complaint against us.
*In OA we don't make any listing just do me too to an existing listing.
*In OA we can earn quick money as compared to wholesale FBA.
* Online Arbitrage is much more secure than DS, you may face IP complaint issues which can be removed easily.
*Main thing in Online Arbitrage is that product hunting must be your passion, those who soon get tired of hunting should not go to this model. In online Arbitrage you will have to hunt on regular basis and look for more profitable products.
TOOLS USED IN ONLINE ARBITRAGE: Keepa: for checking product history including price fluctuations and buybox circulation. Tactical Arbitrage: is a product hunting and analysis tool, also allows us to source form hundreds of websites, it is too costly and not available with local tool providers. Source Mogul: It is the best tool used in OA for product analysis and hunting, provides us sourcing websites. It's cheap, working fast, easily available in market with almost every tools provider.
*Remember one thing more, In OA once you have hunted a product with good stats and margin, you have no time to wait either do it or leave it. In Online Arbitrage you need to take quick decisions while sourcing a product, it is because the retailers have high price fluctuation rate, you may not get the same product from the same retailer on the same price after a day you have hunted the product.
I hope above all information will help you to understand this business model.
M.Shahzad VA
any questions feel free to ask
Thank You.