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I checked out Zen Arbitrage's site to see what it is they offer and it sounds really interesting -- find cheap popular books sold outside of FBA (Fulfilled By A
by biot 10y ago
I checked out Zen Arbitrage's site to see what it is they offer and it sounds really interesting -- find cheap popular books sold outside of FBA (Fulfilled By Amazon) with little competition, buy them, and put them up for sale on FBA (so Prime members get free shipping) with > 100% markup. But if it's really that easy and profitable why aren't they just doing this themselves? If you can double your money every month, finance the hell out of it and keep your profit machine private. It always strikes me as suspect when someone offers a sure fire way of making money but instead of using it themselves they just sell you the info.
- benjohnson 10y agoA possible reason: It's really hard to scale a scrounge-and-resell operation - as you train employees to buy books they begin to wonder why they shouldn't just do it themselves.