Taking advantage of price differences within two or more markets at the same time.
(Buy Low and Sell High)
Retail Arbitrage (RA)
Finding products in retail establishments that present an arbitrage opportunity. RA might involve spending time in retail stores while using a scanning app on your smartphone to compare prices online. This will allow you to see if you can make a profit by reselling the item on Amazon, eBay, or some other venue.
Online Arbitrage (OA)
Finding products online that present an arbitrage opportunity. OA might involve joining a deals service or Facebook group, subscribing to arbitrage software, or just becoming very proficient at scouring websites looking for items that can be resold on another platform for a profit, after fees and expenses are deducted.
Your local retailer has put some makeup on clearance because it hasn’t sold well in your area, but it sells really well in other parts of the country. You buy it on clearance and list it on Amazon where the price is considerably higher. (Buy Low and Sell High)
Recently I did a training video for my sourcing team where I demonstrated some interesting and surprising data regarding Keepa and Jungle Scout, two very important and highly recognized tools used by the Amazon [...]