How To Do Retail Arbitrage On Amazon FBA For Beginners | STEP By STEP Tutorial
Published on: November 30 2022 by Carter Maxwell
How To Do Retail Arbitrage On Amazon FBA For Beginners | STEP By STEP Tutorial
How To Do Retail Arbitrage On Amazon FBA For Beginners | STEP By STEP Tutorial
| startTime | durationTime | text |
| 00:00:00 | 00:00:03 | what's up everyone carter here and in |
| 00:00:02 | 00:00:06 | this video i want to break down |
| 00:00:03 | 00:00:07 | exactly how you can start making money |
| 00:00:06 | 00:00:10 | using the retail arbitrage |
| 00:00:07 | 00:00:11 | business model on amazon even if you're |
| 00:00:10 | 00:00:13 | a complete beginner |
| 00:00:11 | 00:00:15 | now my overall goal for this video is to |
| 00:00:13 | 00:00:16 | kind of give you a more tutorial |
| 00:00:15 | 00:00:19 | step-by-step |
| 00:00:16 | 00:00:20 | easy digestible breakdown on how exactly |
| 00:00:19 | 00:00:22 | the retail arbitrage |
| 00:00:20 | 00:00:24 | business model works and how you can use |
| 00:00:22 | 00:00:26 | it to make money on amazon |
| 00:00:24 | 00:00:28 | so before we get any further into the |
| 00:00:26 | 00:00:29 | video if you could just smash that like |
| 00:00:28 | 00:00:30 | button i would greatly appreciate it and |
| 00:00:29 | 00:00:32 | let's go ahead and get |
| 00:00:30 | 00:00:34 | right into the video now before we get |
| 00:00:32 | 00:00:35 | into step number one on how you can |
| 00:00:34 | 00:00:38 | start a read to arbitrage |
| 00:00:35 | 00:00:40 | business on amazon i want to briefly |
| 00:00:38 | 00:00:41 | touch on what exactly retail arbitrage |
| 00:00:40 | 00:00:43 | is |
| 00:00:41 | 00:00:46 | and how exactly it works so essentially |
| 00:00:43 | 00:00:46 | retail arbitrage is the purchasing of |
| 00:00:46 | 00:00:49 | product from |
| 00:00:46 | 00:00:52 | retail stores like walmart's targets |
| 00:00:49 | 00:00:53 | home depots basically any retail stores |
| 00:00:52 | 00:00:55 | you might have around you with the |
| 00:00:53 | 00:00:58 | intention to then buy and resell that |
| 00:00:55 | 00:00:59 | product online for profit in our case |
| 00:00:58 | 00:01:01 | we're going to be reselling these |
| 00:00:59 | 00:01:03 | products back on amazon and so |
| 00:01:01 | 00:01:05 | essentially the reason the retail |
| 00:01:03 | 00:01:07 | arbitrage business model is so popular |
| 00:01:05 | 00:01:08 | is because if you find a product that's |
| 00:01:07 | 00:01:10 | hot or |
| 00:01:08 | 00:01:12 | trending and it's in stok at a walmart |
| 00:01:10 | 00:01:12 | depending on where you live you might |
| 00:01:12 | 00:01:15 | have |
| 00:01:12 | 00:01:17 | five 10 15 walmarts within a pretty |
| 00:01:15 | 00:01:18 | decent distance so if you can find a |
| 00:01:17 | 00:01:20 | couple items at each |
| 00:01:18 | 00:01:22 | walmart you can really make some good |
| 00:01:20 | 00:01:25 | money using the |
| 00:01:22 | 00:01:26 | business model and also the products |
| 00:01:25 | 00:01:28 | that you're buying |
| 00:01:26 | 00:01:30 | using the retail arbitrage business |
| 00:01:28 | 00:01:32 | model already have demand already have |
| 00:01:30 | 00:01:34 | people searching on platforms like ebay |
| 00:01:32 | 00:01:36 | and amazon |
| 00:01:34 | 00:01:37 | wanting to buy that product but for some |
| 00:01:36 | 00:01:39 | reason |
| 00:01:37 | 00:01:41 | there's an opportunity for you to buy it |
| 00:01:39 | 00:01:42 | in the store for retail price or |
| 00:01:41 | 00:01:45 | discount price |
| 00:01:42 | 00:01:46 | to then resell it back on amazon for a |
| 00:01:45 | 00:01:48 | profit you know maybe it's a newer |
| 00:01:46 | 00:01:50 | released item |
| 00:01:48 | 00:01:51 | you know maybe it's trending or popular |
| 00:01:50 | 00:01:53 | there's some reason |
| 00:01:51 | 00:01:54 | that you're able to purchase that item |
| 00:01:53 | 00:01:55 | in a retail store and then mark it up |
| 00:01:54 | 00:01:57 | online |
| 00:01:55 | 00:01:59 | to make a profit after selling it so the |
| 00:01:57 | 00:02:02 | first step that i want to tok about |
| 00:01:59 | 00:02:03 | is what exactly do you need in order to |
| 00:02:02 | 00:02:05 | start a reta arbitrage business |
| 00:02:03 | 00:02:07 | on amazon and the main thing that you |
| 00:02:05 | 00:02:09 | need is an amazon |
| 00:02:07 | 00:02:11 | seller account now there's two different |
| 00:02:09 | 00:02:12 | seller plans you can select from i'll |
| 00:02:11 | 00:02:14 | throw some screenshots up there |
| 00:02:12 | 00:02:15 | the first one is going to be the |
| 00:02:14 | 00:02:17 | professional center plan i believe it's |
| 00:02:15 | 00:02:18 | 39.99 per month |
| 00:02:17 | 00:02:20 | comes with all the great features and |
| 00:02:18 | 00:02:21 | benefits of being a professional seller |
| 00:02:20 | 00:02:23 | on amazon |
| 00:02:21 | 00:02:25 | and then there's also the free |
| 00:02:23 | 00:02:27 | individual solar plan you just pay 99 |
| 00:02:25 | 00:02:30 | cents for each item that you sell |
| 00:02:27 | 00:02:31 | personally i highly recommend using the |
| 00:02:30 | 00:02:34 | professional seller plan |
| 00:02:31 | 00:02:36 | however amazon does make it a little bit |
| 00:02:34 | 00:02:37 | difficult in order to sign up as an |
| 00:02:36 | 00:02:38 | individual seller |
| 00:02:37 | 00:02:40 | so what i've heard you have to do is you |
| 00:02:38 | 00:02:42 | have to sign up as a professional seller |
| 00:02:40 | 00:02:44 | and then within your seller central |
| 00:02:42 | 00:02:45 | account you can then contact amazon |
| 00:02:44 | 00:02:47 | seller support |
| 00:02:45 | 00:02:48 | and downgrade to the individual seller |
| 00:02:47 | 00:02:49 | plan a couple of other basic things you |
| 00:02:48 | 00:02:50 | need |
| 00:02:49 | 00:02:53 | obviously a cell phone which you most |
| 00:02:50 | 00:02:55 | likely already have and then the amazon |
| 00:02:53 | 00:02:57 | seller app which is free you're able to |
| 00:02:55 | 00:02:57 | access and log in to the amazon seller |
| 00:02:57 | 00:03:00 | app |
| 00:02:57 | 00:03:02 | once you have your amazon seller account |
| 00:03:00 | 00:03:03 | verified and now inside that app is |
| 00:03:02 | 00:03:04 | where you're going to be doing all your |
| 00:03:03 | 00:03:06 | research you can see |
| 00:03:04 | 00:03:08 | you know your sales dashboard for the |
| 00:03:06 | 00:03:10 | day and basically everything that goes |
| 00:03:08 | 00:03:11 | into your amazon seller account there's |
| 00:03:10 | 00:03:12 | actually a scan feature within that app |
| 00:03:11 | 00:03:14 | so you can scan |
| 00:03:12 | 00:03:16 | you know the barcode of an item to see |
| 00:03:14 | 00:03:18 | what the sales rank is at the item and |
| 00:03:16 | 00:03:20 | what the current pricings are so |
| 00:03:18 | 00:03:21 | you can make a great buying decision so |
| 00:03:20 | 00:03:23 | step number two |
| 00:03:21 | 00:03:24 | is where are you going to find product |
| 00:03:23 | 00:03:26 | to sell |
| 00:03:24 | 00:03:28 | on amazon so after you have your seller |
| 00:03:26 | 00:03:29 | account set up and you have the amazon |
| 00:03:28 | 00:03:30 | seller app |
| 00:03:29 | 00:03:32 | you're ready to go out and start |
| 00:03:30 | 00:03:33 | scanning and finding some items that you |
| 00:03:32 | 00:03:35 | can purchase |
| 00:03:33 | 00:03:37 | to resell on amazon now there's a ton of |
| 00:03:35 | 00:03:39 | different retail stores |
| 00:03:37 | 00:03:41 | out there obviously some of the bigger |
| 00:03:39 | 00:03:42 | retailers are you know your walmarts |
| 00:03:41 | 00:03:44 | your targets your home depot |
| 00:03:42 | 00:03:45 | some of those bigger retailers but |
| 00:03:44 | 00:03:47 | depending on where you might live |
| 00:03:45 | 00:03:48 | there's also some smaller retailers that |
| 00:03:47 | 00:03:50 | also have some great |
| 00:03:48 | 00:03:51 | opportunities personally one of my most |
| 00:03:50 | 00:03:54 | favorite stores |
| 00:03:51 | 00:03:55 | is walmart it is probably the largest |
| 00:03:54 | 00:03:57 | retailer |
| 00:03:55 | 00:03:58 | um and i find so many great |
| 00:03:57 | 00:04:00 | opportunities there they're always |
| 00:03:58 | 00:04:02 | stoking the best |
| 00:04:00 | 00:04:04 | name brand items and there's a ton of |
| 00:04:02 | 00:04:04 | walmart's which means there's a lot more |
| 00:04:04 | 00:04:06 | opportunity |
| 00:04:04 | 00:04:08 | for me to find hot products if there's a |
| 00:04:06 | 00:04:11 | lot of walmart's in my area |
| 00:04:08 | 00:04:12 | step number three is what products |
| 00:04:11 | 00:04:14 | should you be looking |
| 00:04:12 | 00:04:15 | for now when it comes to selling on |
| 00:04:14 | 00:04:18 | amazon unfortunately for |
| 00:04:15 | 00:04:20 | new sellers there are certain brands and |
| 00:04:18 | 00:04:21 | categories that as a new seller you are |
| 00:04:20 | 00:04:25 | restricted for |
| 00:04:21 | 00:04:27 | so stuff like toys or brands like lego |
| 00:04:25 | 00:04:28 | or brands like nike you have to go |
| 00:04:27 | 00:04:30 | through a process of getting |
| 00:04:28 | 00:04:32 | ungated in order to sell those brands |
| 00:04:30 | 00:04:33 | that's why i highly recommend starting |
| 00:04:32 | 00:04:34 | out with a category like home and |
| 00:04:33 | 00:04:35 | kitchen |
| 00:04:34 | 00:04:37 | patio lawn and garden those are two of |
| 00:04:35 | 00:04:39 | the bigger categories that you can |
| 00:04:37 | 00:04:40 | actually sell in as a new seller as far |
| 00:04:39 | 00:04:42 | as myself you know i've had |
| 00:04:40 | 00:04:44 | really great success in home and kitchen |
| 00:04:42 | 00:04:46 | patio linen garden |
| 00:04:44 | 00:04:47 | toys category sports and outdoors and |
| 00:04:46 | 00:04:49 | some other categories as well |
| 00:04:47 | 00:04:51 | however i still know that a lot of |
| 00:04:49 | 00:04:52 | resellers especially new resellers on |
| 00:04:51 | 00:04:54 | amazon |
| 00:04:52 | 00:04:56 | really struggle with finding new |
| 00:04:54 | 00:04:58 | opportunities new products to add |
| 00:04:56 | 00:05:00 | to their reselling business and that |
| 00:04:58 | 00:05:01 | actually led me to creating the selling |
| 00:05:00 | 00:05:03 | fast lane discord community |
| 00:05:01 | 00:05:06 | it's an online commute that i've created |
| 00:05:03 | 00:05:07 | for ebay and amazon sellers to come |
| 00:05:06 | 00:05:09 | together and work together |
| 00:05:07 | 00:05:11 | to make more money in their reselling |
| 00:05:09 | 00:05:13 | business and most importantly |
| 00:05:11 | 00:05:15 | inside that community i actually upload |
| 00:05:13 | 00:05:17 | and post daily lead information |
| 00:05:15 | 00:05:19 | on products that you can go out and find |
| 00:05:17 | 00:05:20 | in your local area to purchase and then |
| 00:05:19 | 00:05:22 | resell on |
| 00:05:20 | 00:05:24 | amazon so if you're ever seeking any |
| 00:05:22 | 00:05:25 | more guidance or help in growing your |
| 00:05:24 | 00:05:26 | reselling business or your read to |
| 00:05:25 | 00:05:28 | arbitrage business on |
| 00:05:26 | 00:05:29 | amazon definitely go ahead and check out |
| 00:05:28 | 00:05:31 | my community i'll have a link to it |
| 00:05:29 | 00:05:33 | below in the description of this video |
| 00:05:31 | 00:05:35 | so before we get to step number four i |
| 00:05:33 | 00:05:36 | want to go ahead and show you an example |
| 00:05:35 | 00:05:38 | of a product that i just recently found |
| 00:05:36 | 00:05:39 | on one of my sorcery trips at walmart so |
| 00:05:38 | 00:05:41 | let's go ahead and i'll show you what |
| 00:05:39 | 00:05:43 | exactly that product is here's an |
| 00:05:41 | 00:05:43 | example of a product that i recently |
| 00:05:43 | 00:05:45 | found |
| 00:05:43 | 00:05:47 | going to walmart so as you can see this |
| 00:05:45 | 00:05:48 | is godzilla right here and we actually |
| 00:05:47 | 00:05:50 | have |
| 00:05:48 | 00:05:51 | 35 of him because we're able to buy him |
| 00:05:50 | 00:05:53 | for |
| 00:05:51 | 00:05:55 | and 84 cents at walmart and they're |
| 00:05:53 | 00:05:57 | actually reselling for over 30 |
| 00:05:55 | 00:05:58 | dollars on amazon now to kind of give |
| 00:05:57 | 00:06:00 | you a more breakdown although some |
| 00:05:58 | 00:06:04 | screenshots up there |
| 00:06:00 | 00:06:06 | the current lowest price is 30 however |
| 00:06:04 | 00:06:07 | the current buy box price which is |
| 00:06:06 | 00:06:09 | rotating through quite a few sellers |
| 00:06:07 | 00:06:11 | has been trending around 40 so let's |
| 00:06:09 | 00:06:13 | just say i plan on selling this product |
| 00:06:11 | 00:06:16 | for 35 |
| 00:06:13 | 00:06:19 | through fba on amazon including the tax |
| 00:06:16 | 00:06:21 | which is our buy cost of around |
| 00:06:19 | 00:06:22 | cents 10.65 a little 30 cent fee to ship |
| 00:06:21 | 00:06:25 | that product to amazon |
| 00:06:22 | 00:06:27 | it's going to leave us with around 15 |
| 00:06:25 | 00:06:30 | and 32 cents in profit per unit |
| 00:06:27 | 00:06:31 | now remember i was able to oops i was |
| 00:06:30 | 00:06:34 | able to pick up |
| 00:06:31 | 00:06:37 | 35 units so that it's gonna name me over |
| 00:06:34 | 00:06:38 | five hundred dollars in profit so that |
| 00:06:37 | 00:06:41 | brings us to step number four |
| 00:06:38 | 00:06:43 | so after you've got your account set up |
| 00:06:41 | 00:06:43 | you have your amazon seller app after |
| 00:06:43 | 00:06:45 | you started |
| 00:06:43 | 00:06:47 | hitting some retail stores scanning some |
| 00:06:45 | 00:06:48 | items and you found some items after you |
| 00:06:47 | 00:06:50 | purchase them |
| 00:06:48 | 00:06:52 | then it brings us to basically the last |
| 00:06:50 | 00:06:54 | step which is basically creating a |
| 00:06:52 | 00:06:54 | shipment on your amazon seller central |
| 00:06:54 | 00:06:56 | account |
| 00:06:54 | 00:06:58 | shipping all those items to fba or |
| 00:06:56 | 00:06:59 | essentially an amazon warehouse where |
| 00:06:58 | 00:07:01 | they're going to store |
| 00:06:59 | 00:07:04 | all of your inventory for you while it's |
| 00:07:01 | 00:07:06 | for sale on amazon and then obviously |
| 00:07:04 | 00:07:07 | after someone buys your item off amazon |
| 00:07:06 | 00:07:09 | the amazon fulfillment team is going to |
| 00:07:07 | 00:07:09 | ship that product to the customer for |
| 00:07:09 | 00:07:11 | you |
| 00:07:09 | 00:07:13 | and essentially the last step is to |
| 00:07:11 | 00:07:15 | basically purchase items |
| 00:07:13 | 00:07:16 | list and create shipments choose price |
| 00:07:15 | 00:07:18 | points conditions |
| 00:07:16 | 00:07:20 | and then have those products sent to |
| 00:07:18 | 00:07:22 | amazon and that obviously brings us |
| 00:07:20 | 00:07:24 | to step number five and the fifth step |
| 00:07:22 | 00:07:27 | is to basically repeat that process |
| 00:07:24 | 00:07:28 | as often as and as frequently as you can |
| 00:07:27 | 00:07:31 | the name of the game |
| 00:07:28 | 00:07:33 | when it comes to growing on amazon and |
| 00:07:31 | 00:07:35 | generating more revenue generating more |
| 00:07:33 | 00:07:38 | profit for your amazon business |
| 00:07:35 | 00:07:40 | is to overall continually be finding new |
| 00:07:38 | 00:07:42 | opportunities new products |
| 00:07:40 | 00:07:44 | to add to your amazon business and |
| 00:07:42 | 00:07:46 | honestly when it comes to making more |
| 00:07:44 | 00:07:47 | money on amazon it just comes down to |
| 00:07:46 | 00:07:49 | buying |
| 00:07:47 | 00:07:50 | more product because the product's going |
| 00:07:49 | 00:07:52 | to sell you're literally going to be |
| 00:07:50 | 00:07:53 | buying products that you already know |
| 00:07:52 | 00:07:54 | has demand |
| 00:07:53 | 00:07:56 | you already know has sellers that are |
| 00:07:54 | 00:07:58 | profitably selling it and you can see |
| 00:07:56 | 00:08:00 | based off of the sales rank how well and |
| 00:07:58 | 00:08:03 | how often that item is actually |
| 00:08:00 | 00:08:04 | selling on amazon anyways that's it for |
| 00:08:03 | 00:08:06 | this video hopefully you like that quick |
| 00:08:04 | 00:08:09 | little breakdown of what exactly retail |
| 00:08:06 | 00:08:10 | arbitrage is how it works i was able to |
| 00:08:09 | 00:08:12 | actually show you |
| 00:08:10 | 00:08:13 | an example of me using the read to |
| 00:08:12 | 00:08:16 | arbitrage business model to buy |
| 00:08:13 | 00:08:18 | products to resell them back on amazon |
| 00:08:16 | 00:08:19 | for profit once again if you have an |
| 00:08:18 | 00:08:21 | amazon business and you're looking for |
| 00:08:19 | 00:08:23 | some more guidance some more help |
| 00:08:21 | 00:08:25 | i do have a reseller community on |
| 00:08:23 | 00:08:26 | discord called the selling fastlane we |
| 00:08:25 | 00:08:28 | have well |
| 00:08:26 | 00:08:30 | over 250 members in that community every |
| 00:08:28 | 00:08:31 | single day we're communicating working |
| 00:08:30 | 00:08:33 | together |
| 00:08:31 | 00:08:34 | to grow our reselling businesses so if |
| 00:08:33 | 00:08:35 | you're potentially interested in |
| 00:08:34 | 00:08:37 | learning a little bit more about that |
| 00:08:35 | 00:08:38 | community or potentially joining i'll |
| 00:08:37 | 00:08:40 | have a link below in the description of |
| 00:08:38 | 00:08:42 | this video so definitely check it out |
| 00:08:40 | 00:08:43 | anyways if you did get any value from |
| 00:08:42 | 00:08:45 | this video if you could just smash that |
| 00:08:43 | 00:08:45 | like button i would greatly appreciate |
| 00:08:45 | 00:08:47 | that |
| 00:08:45 | 00:08:48 | if you have any questions regarding |
| 00:08:47 | 00:08:50 | anything that i toked about or went |
| 00:08:48 | 00:08:52 | over in this video feel free to comment |
| 00:08:50 | 00:08:53 | below i'll do my best to get back to you |
| 00:08:52 | 00:08:55 | and of course if you want to see more |
| 00:08:53 | 00:08:56 | content on how you can create an |
| 00:08:55 | 00:08:59 | additional stream of income |
| 00:08:56 | 00:09:01 | online then go ahead and subscribe to my |
| 00:08:59 | 00:09:03 | channel and i hope to see you all in the |
| 00:09:01 | 00:09:03 | next video |
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