What if you have been doing business for a few years, but still you could not have a glimpse of that pot of gold at the end of the rainbow? How could this be possible if you’re not earning a profit, to begin with? On top of that, how do you expect to have financial gains if you’re having trouble picking out which products to offer?
These are some of the concerns of someone who reached out to me to seek help and direction for her Amazon business. She’s had a background in traditional retail and has been a seller on Amazon for two years. Today, I’m going to define and explain the difference between retail arbitrage and online arbitrage, share some pieces of advice on how and where to start when it comes to choosing your products and target market, and what you should do if failure is not an option for you.
Amazon is retail upside down.
Today’s Topics Cover:
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