In recent years, eCommerce as well as other forms of online businesses and transcations have seen exponential growth and public addoption,
On top of the eCommerce chain, lies Amazon.com that grew from a simple online bookstore to a 800lb gorilla of online commerce.
Online Wholesale Arbitrage – Building a 7 Figure Business
Now why should you care?
Well if you are into online business and entrepreneurship in general, their FBA program might be something you want to look into, due to the enormous potential it holds.
Using their network of warehouses, you are able to ship your products to them and that is about it. There is no need for customer support, shipping, returns or any of that, which makes it a great tool to run your business and keep it as passive as possible.
All you need to take care of, is that you keep in stock, as product tend to sell out FAST! The people shopping on their platform are what you call “credit card in hand” type of people and this is where the biggest opportunity lies.
By leveraging their customer base of millions of shoppers, it is fairly easy to build your online business and brand.
Wholesale prices, Amazon Profits
But there is a better way of doing things, than your traditional private labelling…
This is something you could call the Amazon FBA wholesale arbitrage. It sounds complicated, right? Well, it isn’t if you have the right strategies in place.
The way it works is by searching through millions of products from wholesalers and comparing their prices to online prices. Once a profitable product is identified, you simply order the merchandise and list it on Amazon at a markup.
There are already people doing this exact “arbitrage”, but have only been able to do so, because of a special software that is able to analyse millions of products to find the most profitable ones (something that would not be possible to do by hand). The training course on the subject is called the 7 figure cycle and is launching in January 2018. If you would like to read the full review, hop over to gfkAmerica.com and read their analysis.
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