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So technically, I could buy items cheaply on ebay or similar sites, ship them to amazon warehouse and sell it there for profit and also have them handle pretty
by nikolak 13y ago
So technically, I could buy items cheaply on ebay or similar sites, ship them to amazon warehouse and sell it there for profit and also have them handle pretty much everything from selling to customer support?
Or am I missing something and this wouldn't work?
- mooreds 13y agoTechnically, yes. You just have to know what to buy and how to price what you are selling. ("Oh, is that all?" says the broker who makes a living doing this. :) ) I had a friend who made decent money going to physical auctions and taking the items he bought and putting them on ebay (this was about a decade ago). Arbitrage is here to stay.
- mabbo 13y agoCostco membership + sales-tax free states + anything on sale. People do this. Takes a lot of time I suspect, but there's money in arbitrage. Just remember: the longer it's on the shelf, the more fees you pay. So yes, you may have found a great deal on something, but do you really expect to sell 500 in one year?