Retail Arbitrage Flipping is a great side hustle for anyone looking to make some quick extra cash. The act of Flipping a good for more profit requires a good deal hunter and a place to resell the good. Some of the best deals can be found in the purchasing of second hand goods.
Many people today buy items they never used or used very little. These items can range from a surfboard to shoes and everything in between. You can also find a very good amount of electronics on here that you can resell for a higher price on different websites.
Some of the best sites to utilize are Facebook marketplace, Offerup, Craigslist and LetGo. These are some amazing places to find cheap used goods to resell. These goods can be found within your area. Offerup and LetGo are apps that will utilize your location and help you connect with a seller in your area. It is a great way to find goods within your area. You can scroll through many items for sale as well as look for a specific item.
Craigslist and Facebook marketplace are another great option for looking for goods for sale. There are a ton of people posting ads on these sites trying to get rid of a used or even new item. With the availability of reselling, people often will sell goods they bought and never used. These goods will be in mint condition and allow you to make the most profit from them.
Now once you have found a deal the most important thing is to try and make a profit. An amazing place to do this is on Amazon. You can sell these items if they are new or used on Amazon marketplace. People are usually more inclined to pay more for an item because it is on a site like Amazon. This is mainly for the convenience.
They do not have to move or do anything and the item they desire comes right to their doorstep. This is how you make your money. While you are not lazy and take some time out of your day simply to drive somewhere and pick up an item, you can profit on the individual who is not willing to do that.
Selling on Amazon is cheap and safe compared to EBay in which you can encounter a lot of scammers. Amazon has a great shipping service and will figure out logistics for you. You simply need to list your item and figure out a good cost that will enable the good to not only make you profit but also sell rapidly.
While it may seem difficult to make good money this way, it really is not too hard. You can take a couple hours out of your week to find and gather cheap items through Offerup or Facebook marketplace and sell them on Amazon for 2 to 3 times what you paid for them. There is huge profit margins because a lot of people are just trying to get rid of an item on these subsidiaries, while on Amazon people are looking to buy and are willing to pay a premium.