Читать книгу Online Income Generation Evolution - Raymond Wayne - Страница 11

To understand what retail arbitrage is, it can help to think about the day in the life of someone who takes advantage of this business model. They get up, check the sales listed in the newspaper, grab their coupons, and have a fully charged smartphone or dedicated scanner. They are ready to hit several stores, scanning items that have a good chance of profitability.

They might head to stores like Tuesday Morning, Big Lots, Walgreens, Target, Walmart, and more. They might even head to consignment shops and thrift stores. The point is to be able to scan as many items as possible, using your tools, to determine if they will be profitable for you to purchase and send into Amazon.

You are going to buy low and sell high, and profit handsomely from it. It’s not at all out of the question to earn several hundred dollars or more per shopping trip, especially as you start to develop an eye for what’s going to sell and what’s going to be a good purchase.