If you’ve decided that you want to try your hand at Amazon arbitrage, then you’re probably wondering where to find all of the awesome things that you want to sell on your Amazon Affiliate storefront. Read on to discover where seasoned professionals find their inventory items.
They Don’t Need to Stray Far From Home
Amazon sellers might find their products on, well, Amazon. They could also hit up other e-commerce platforms as there are dozens of them out there these days. Depending on what they’re looking to sell, they could visit eBay, Craigslist, or OfferUp.
For clothing, Depop, Poshmark, and ThredUP are popular. Letgo, Facebook Marketplace, and Geebo allow individuals to buy any number of things from people in their hometowns or on the other side of the country, often at a steep discount.
In addition, it could be wise to check out sites like Ebates and Honey for more discounts or coupons that could be applied to any number of goods. Finally, for the more advanced sellers looking to scale their arbitrage business, Tactical Arbitrage and other arbitrage-oriented tools can make a real difference.
In-Store Sales
Of course, the Internet is not the only source of retail items. In-store sales can provide huge discounts that can translate into higher profits for Amazon sellers. Lots of these people go to big-name retailers such as Target or Walmart, where products are generally priced relatively low and new sales are cropping up all the time.
Again, it will depend on what that person is selling but stores such as Target carry just about everything from clothing to automotive parts and accessories of all shapes and sizes. It’s not unusual to find something for 40% to 60% off and then resell it on Amazon at full price for a decent profit. In addition, if these stores have online-only deals, sellers take advantage of those too.
Take it Outside
Besides online retailers and in-store options, there are other ways to get great finds for a storefront, such as thrift stores, flea markets, and garage sales. These are awesome places to find more unique items that can fetch a higher price on Amazon.
Anyone can find a similar product at Target but eclectic pieces are likely to be hiding in flea markets or at a neighbor’s yard sale. Savvy Amazon affiliate arbitrage business people are always on the lookout for a potential rare find.
One Man’s Trash Is Another Man’s Treasure
That’s how the old saying goes and it is absolutely true. Sellers can sometimes find cool things to sell right in their own homes. This is not only a good way to clean out the home but it feels good to know that their unused things are going to a more deserving home.
Sometimes simply donating things to a Salvation Army or Goodwill doesn’t guarantee that they will be used and oftentimes excess items end up in landfill. By reselling these things online, it’s still creating a more circular economy but it’s also sending those items to a place where they will actually be used.
Hopefully, these tips will help you get started on your Amazon arbitrage adventure. Remember that everyone starts slowly but it’s those who stick with it that are successful.