371: Little Known Ways To Make Money On Amazon With Steve Chou
The My Wife Quit Her Job Podcast With Steve Chou
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Amazon, Retail Arbitrage and on Line Arbitrage
Amazon trag shapping business costs very little money to start, because there's no cost of inventory. Retail arbitrage is the act of buying inexpensive or clearance products from a retail or online store and then flipping them for a higher price in amazon. On handmaid was created by amazon to directly compete with etsy. You can sell clothing, jewelry, soap, home goods, basically anything you create yourself. The only way that you can scale this business model is to hire a team of shoppers to buy your merchandise. Success on amazon is extremely difficult because it's so competitive.
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