Online Arbitrage At A Glance: Is It Really That Easy?
A recent estimate by Bank of America states that Amazon owns 44% of total eCommerce procurements in the US, which means they’re responsible for almost 1/4th of all online sales! Still, there are ample opportunities for third-party sellers, and that’s where online arbitrage kicks in! It provides sellers a speedy way to begin without huge risk or investment. Online Arbitrage Online arbitrage is when a product is purchased online for a low cost and is sold at a higher cost. It is like when you find popular products on Ali Express and list them with a substantial markup on Amazon. Excluding the shipping and other costs incurred per sale, you’ll have a small sum to take home. Follow the same procedure multiple times, and you can create a customer base for your eCommerce business. Sometimes even reputable eCommerce businesses may utilize online arbitrage software whenever they’re short of stocks or eyeing to reinforce a new product range. It helps to spot gainful pricing differences throug