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Originally Posted by chaichaoyi (Post 805321)

Seriously, improve your command of the language before you starts selling on Amazon.com.

Arbitrage sounds like you are trying to lock in some sure profits by just selling and buying in Amazon --- almost impossible IMHO. Most likely, you used the word in a wrong way.

Originally Posted by kingdudu (Post 805336)

So this forum not for help others ?

Originally Posted by kingdudu (Post 805341)

Ok thanks . if someone want help , send me massage .

Originally Posted by kingdudu (Post 805345)

What is best way open multiple amazon accounts ?

VPS
VM WITH VPN ?

Thank you

Originally Posted by idds (Post 805719)

I can't believe anyone makes any money doing this.

Originally Posted by amzpro (Post 805720)

People do, but it's a lot of work for not a lot of money.

After I have an account set up with a supplier (that's the hard part), once a month I write an email to order stuff, wait for it to arrive, then put FBA stickers on the boxes and make a few thousand $ for an hour of work. Some people even have their suppliers send directly to FBA for them (I HIGHLY recommend you do NOT do that).

Retail arbitragers spend all month going from store to store looking for deals and make a few grand at the end of the month if they're lucky. F that.

Originally Posted by idds (Post 805721)

So in example 1, whats the difference between "arbitrage" and just buying from a regular old supplier/wholesaler?

Example 2 sounds like a big time loser to me.

Originally Posted by amzpro (Post 805722)

Go to the clearance section at walmart and you'll see the desperate people there out their phones and scanners.

Originally Posted by idds (Post 805744)

Amazon will eventually make losers of us all if they get their way. Their strategy is to race everyone to the bottom so nobody makes any money except for them.

I personally hold my nose at being a seller on there, they treat their sellers like complete crap.

Originally Posted by amzpro (Post 805758)

Be that as it may, amazon's the only venue where I can make tens of thousands of dollars every month doing next to nothing, so I'll continue selling on there.

Originally Posted by amzpro (Post 805758)

Be that as it may, amazon's the only venue where I can make tens of thousands of dollars every month doing next to nothing, so I'll continue selling on there.

Originally Posted by idds (Post 805830)

I don't fault you, obviously. The thing with selling channels outside of your control is that you're beholden. I'm putting my energy into my own website above all else in the holes I can eventually say goodbye to these companies and their endless terms and conditions and obscure rules.

Originally Posted by Lars (Post 805835)

Hi Amzpro,

Thanks for sharing. Would you be able to elaborate on your model ? Thanks

Originally Posted by amzpro (Post 805855)

Yes, use FBA, ship stuff to FBA once every week or 2 and then sit back and watch the money roll in. (Ok, realistically you need to also log into your account once or twice a day to check up on your buy box ownership as well).

The most time consuming thing about selling is fulfilling the orders. Once you've outsourced that the rest is easy.

Originally Posted by idds (Post 805877)

I can pay someone to fulfill for less money that Amazon charges if there was the right level of volume.

Where FBA sort of forces you to use it is the free 2 day shipping.

Buyers are weird people (and dumb), they don't grasp everyone just raises the price to cover all the extra costs so this notion of free shipping is a total fantasy.

Originally Posted by amzpro (Post 805897)

Really? You can get stuff picked packed and shipped (with tracking) for under $2.56 or $3.02? That's insane. I can barely ship stuff at those costs, let alone pay someone to do the other stuff. I'm anticipating around 7000 units / $150K this month, what would your fulfillment & shipping costs be for that?

That's kind of beside the point though, the other benefits of FBA are no negative feedback and no responsibility for dealing with fulfillment related customer problems. If anyone has any problem I just point them to amazon and say talk to them about it. Not to mention the fact you must be FBA to compete for the buy box if there's other sellers on the listing (and there are on all of mine)

Originally Posted by amzpro (Post 805758)

Be that as it may, amazon's the only venue where I can make tens of thousands of dollars every month doing next to nothing, so I'll continue selling on there.

Originally Posted by idds (Post 805964)

FBA costs more than that unless the stuff you sell is all really tiny. Most of the stuff I sell costs $4 - $12 extra. And that $4 extra is over and above the $4.95 you already collect for shipping.

So yes, with the numbers I'm showing you, I can do it for less. I don't do the volume you do, but if I did, 2-3 people can do 200 packages a day.

Wages + shipping costs + packing supplies would save me about 25% on FBA if I do some quick math.

Agreed on passing the buck to Amazon for fulfillment problems. And just the straight up headaches involved. So that 25% comes with toil.

Originally Posted by export (Post 805970)

Turnover or profit?

Originally Posted by sax4 (Post 805981)

I've been doing retail arbitrage since about 2008-2009. There is a lot of money to be made if you know what you're doing.

As Amzpro says, making a website can be worth it, personally I have never bothered as it's too much like hard work. Also selling on Amazon there are many tricks where you can sell things for many times the "real" price

Originally Posted by amzpro (Post 806016)

Profit. Revenue is 6 figures / month. Been doing this for just a few months. My goal is to hit mid-6 figures / month in revenue and 100K a month in profit. I could probably go past that but I'm not really inclined to work more than 1 day a week.



Yeah, RA is profitable if you know what you're doing, but there's still a fairly low ceiling to how much you can make off it, and it's quite a bit of work to go out to the stores. And most people DON'T have the slightest clue as to what they're doing. Idiots go to the clearance section and just pick up and scan random items to check their prices on amazon hoping to get lucky.

That said, if you do know what you're doing it sure beats working a regular job. But you're definitely the minority in this field.

Originally Posted by Lars (Post 806248)

Wow seems like a remarkable success in such a short period of time. Did you have an offline business for the same product before going Amazon way?

Sent from my SM-N920I using Tapatalk

Originally Posted by idds (Post 806340)

Topical

Has Amazon Forgotten it is Q4?!?