I’d heard of this idea before, but never on this scale.
Here’s how it came across my radar this time: I was looking for a book, and when I Googled it, I found it listed on eBay. So, I made the purchase. Two days later, the book arrived in the mail, but guess what? The return address was not some random eBay seller but Amazon. That got me curious.
I dug deeper into the eBay seller’s profile and here’s what I found: They have more than 10,000 products listed, and every single one seems to be an Amazon item, priced $5 or more above what you’d pay on Amazon.
You know this person is making a lot of money because who in their right mind would find and list 10,000 items if they weren’t making serious bank?
Even if they just clear a buck from each listing per month, that’s $10,000 profit per month, just for listing and selling. Who knows, they might clear $1 per listing weekly, or even daily. The point is, they are clearly making money.
Now, let’s explore how this Amazon reverse arbitrage thing might work:
- Finding Products: Start by looking for simple products on Amazon, like books.
- Listing on eBay: List those products on eBay at a price higher than what you’d pay on Amazon, ensuring you make a profit.
- Making a Sale: When someone buys the product on eBay, you can then purchase it on Amazon and have it shipped directly to the eBay customer.
- No Financial Risk: Here’s the cool part – you don’t have to order the product from Amazon until someone buys it on eBay. This means no upfront costs or financial risk.
- Shipping Covered: You won’t have to worry about packaging or shipping costs because Amazon takes care of that for you.
- Handling Returns: If someone returns an item to you on eBay, you can simply return it to Amazon for a refund.
It’s like running your own online store without ever having to touch the products. It’s an interesting way to make money online with minimal risk. If you’re interested, give it a try and see what happens.