Retail Arbitrage - A Review of the Business ModelPosted by Friis Hong on February 12th, 2021 Retail arbitrage isn't a brand new concept, but with the advent of online retail it has evolved into a huge industry. With retail arbitrage, now you can actually make money selling retail products that were once restricted only to large companies and retailers. If you've seen the popular TV program Deal or No Deal, you may have seen a commercial for a company that offers retail arbitrage rights. In these commercials, a person claiming to be a sales professional will shake a jar and drop some stuff inside. As the product sells, the person will take the difference between what the jar originally sold for and the price the company paid for it. With retail arbitrage, all you need to do is find some products to sell, decide how much you're willing to sell it for, and then purchase the product from the manufacturer at the retail price. Once you've gotten rid of the product, you can resell it to your friends or family for a profit. All you did was to resell the product without learning any of the marketing skills that are necessary for selling on your own. retail arbitrage 2018 and dropshipping are two great ways to start your own business. Dropshipping involves your products being delivered to your customers' doors without your needing to handle the actual inventory or ship the product. This makes dropshipping an excellent way for someone who doesn't know much about designing a business model or doesn't want to learn because the learning process can be time consuming. With retail arbitrage and dropshipping, you'll be able to start making money in no time at all.Like it? Share it! |