#1 TikTok Ads Spy Tool

A Better Way to Make TikTok Ads Dropshipping & TikTok For Business

  • Find TikTok winning products & TikTok dropshipping ads.
  • Analyze TikTok advertisers
  • Get the Latest TikTok Shop Data.
Try It Free

Retail Arbitrage On Amazon FBA For Beginners

Published on: November 30 2022 by Carter Maxwell

Retail Arbitrage On Amazon FBA For Beginners

Table of Contents About Retail Arbitrage On Amazon FBA For Beginners

Retail Arbitrage On Amazon FBA For Beginners

startTime durationTime text
00:00:12 00:00:15 so
00:00:20 00:00:24 what's up everyone carter here and i'm
00:00:22 00:00:27 here with my good friend milo 19 years
00:00:24 00:00:29 old a six figure amazon seller and in
00:00:27 00:00:31 today's video we're gonna break down the
00:00:29 00:00:33 exact steps that you need to take to
00:00:31 00:00:35 have success on amazon using the retail
00:00:33 00:00:37 arbitrage business model and before we
00:00:35 00:00:38 get into those exact steps milo do you
00:00:37 00:00:41 want to tok a little bit more about
00:00:38 00:00:43 your success using retail arbitrage in
00:00:41 00:00:44 the past definitely so retail arbitrage
00:00:43 00:00:46 can be very lucrative if you hop on the
00:00:44 00:00:47 right item so when i first started
00:00:46 00:00:49 selling on amazon i actually hopped in
00:00:47 00:00:52 on when patio heaters were super hot i
00:00:49 00:00:53 was buying them for 149 at home depot or
00:00:52 00:00:56 lowe's and selling them on amazon for
00:00:53 00:00:57 around 300. i saw the lead posting a
00:00:56 00:00:59 bolo group i took the lead and i ran
00:00:57 00:01:00 with it and i mean they were almost
00:00:59 00:01:02 instant sales as soon as you could get
00:01:00 00:01:03 them and post them it would sell the
00:01:02 00:01:05 same day so now that you know a little
00:01:03 00:01:07 bit more about our guest milo let's go
00:01:05 00:01:08 ahead and get into those exact steps
00:01:07 00:01:10 that you need to take so step number one
00:01:08 00:01:13 is you need to create your amazon seller
00:01:10 00:01:14 central account now this isn't an amazon
00:01:13 00:01:16 buying account you actually have to
00:01:14 00:01:17 create a separate account as a seller
00:01:16 00:01:19 now there's actually two different
00:01:17 00:01:21 seller plans you can select from there's
00:01:19 00:01:22 an individual seller plan which is free
00:01:21 00:01:24 and then there's a professional seller
00:01:22 00:01:26 plan which is 40 per month i'm not gonna
00:01:24 00:01:28 dive too deep into them but i would
00:01:26 00:01:29 recommend their professional seller plan
00:01:28 00:01:31 there's a couple more features and
00:01:29 00:01:32 benefits to selecting that plan that i
00:01:31 00:01:34 recommend for beginner sellers that
00:01:32 00:01:36 process is pretty smooth flowing
00:01:34 00:01:38 basically amazon just wants to identify
00:01:36 00:01:40 you and your address as a seller before
00:01:38 00:01:42 they allow you to sell on their platform
00:01:40 00:01:45 so that's step number one that leads us
00:01:42 00:01:47 to step number two which is product
00:01:45 00:01:48 research now while i have milo here i'm
00:01:47 00:01:51 gonna ask him a little bit more about
00:01:48 00:01:53 how he likes to do his product research
00:01:51 00:01:55 so milo obviously with the retail
00:01:53 00:01:57 arbitrage business model you're buying
00:01:55 00:01:59 items from retail stores walmart's
00:01:57 00:02:01 targets home depots whatever it might be
00:01:59 00:02:03 what retail stores have you had the best
00:02:01 00:02:05 success with so i had a lot of success
00:02:03 00:02:06 with home depot and lowe's they usually
00:02:05 00:02:09 get a lot of the quantity of seasonal
00:02:06 00:02:10 items so usually if you find a good lead
00:02:09 00:02:12 and you could really hop on that lead
00:02:10 00:02:13 and take huge advantage of it so milo is
00:02:12 00:02:15 there any product that you want to tok
00:02:13 00:02:17 about that you had really great success
00:02:15 00:02:19 with in the past like what the item was
00:02:17 00:02:21 where you were getting it what it was
00:02:19 00:02:23 selling for so first off obviously patio
00:02:21 00:02:25 heaters we was buying them for 149 and
00:02:23 00:02:27 flipping them on amazon for 300.
00:02:25 00:02:29 and then also chlorine i sold a ton of
00:02:27 00:02:31 chlorine we was buying it for i believe
00:02:29 00:02:33 59 and i was actually flipping that for
00:02:31 00:02:35 around 160
00:02:33 00:02:37 a tub so obviously the first step of the
00:02:35 00:02:38 product research with rita arbitrage a
00:02:37 00:02:40 lot of people like to you know just go
00:02:38 00:02:41 to the retail store let's say they go to
00:02:40 00:02:43 walmart and you know start scanning
00:02:41 00:02:45 items maybe find something on clearance
00:02:43 00:02:46 something for retail price that's high
00:02:45 00:02:48 in demand but you know a lot of people
00:02:46 00:02:49 struggle with product research or even
00:02:48 00:02:51 maybe what items like you walk into the
00:02:49 00:02:53 whole store where should you start
00:02:51 00:02:54 scanning have you used any resources
00:02:53 00:02:56 that have allowed you to find profitable
00:02:54 00:02:58 items like the chlorine so i highly
00:02:56 00:03:00 suggest new beginners to pretty much
00:02:58 00:03:01 join a bolo group a group that helps you
00:03:00 00:03:04 with finding profitable items if it's
00:03:01 00:03:05 seasonal or even if it's replenishable
00:03:04 00:03:07 something you can sell every single day
00:03:05 00:03:09 of the week so i actually have my own
00:03:07 00:03:11 online community called the selling fast
00:03:09 00:03:13 lane our community is built around
00:03:11 00:03:16 helping new amazon sellers or current
00:03:13 00:03:18 amazon sellers make more money on amazon
00:03:16 00:03:19 now we do this in a few different ways
00:03:18 00:03:21 one of our more popular ways is we
00:03:19 00:03:23 actually provide a lead generation
00:03:21 00:03:25 service so every single day we have
00:03:23 00:03:28 consistent read to arbitrage and online
00:03:25 00:03:30 arbitrage leads being posted now these
00:03:28 00:03:32 leads are actually sharing with you what
00:03:30 00:03:34 the item is what store you can buy the
00:03:32 00:03:36 item at what the item costs and what
00:03:34 00:03:39 it's actually selling for back on amazon
00:03:36 00:03:40 and sometimes we'll even post brick seek
00:03:39 00:03:43 links these are links that you can use
00:03:40 00:03:46 put in your zip code and it'll actually
00:03:43 00:03:47 tell you what stores in your area have
00:03:46 00:03:49 stoks so you know which stores to go to
00:03:47 00:03:51 and which ones to not go to now inside
00:03:49 00:03:53 the community we also have different
00:03:51 00:03:55 channels dedicated to different services
00:03:53 00:03:57 to help our members but help you get
00:03:55 00:03:59 ungated we can help you with any
00:03:57 00:04:00 shipping needs that you might have
00:03:59 00:04:02 helping you find a couple products
00:04:00 00:04:04 whatever it might be any questions that
00:04:02 00:04:06 you have we have different channels most
00:04:04 00:04:08 importantly we have 500 plus amazon
00:04:06 00:04:10 sellers you can connect with network
00:04:08 00:04:12 with and learn from to grow your own
00:04:10 00:04:14 amazon business or potentially start
00:04:12 00:04:16 your first ever amazon business so if
00:04:14 00:04:18 you want to join that community and join
00:04:16 00:04:20 milo and i and you want to get 50 off
00:04:18 00:04:22 your first month all you have to do is
00:04:20 00:04:23 use coupon code youtube all caps to get
00:04:22 00:04:25 50 off your first month we'll have a
00:04:23 00:04:26 link to that in the description of this
00:04:25 00:04:28 video so that brings us to step number
00:04:26 00:04:30 three which is you need to list that
00:04:28 00:04:31 item on amazon so let's say you went to
00:04:30 00:04:33 the store you found some books or you
00:04:31 00:04:35 found some toys something that you want
00:04:33 00:04:37 to sell on amazon how do you exactly go
00:04:35 00:04:39 about that process well there's two
00:04:37 00:04:41 different ways two different ways that
00:04:39 00:04:44 you can sell an item on amazon there's
00:04:41 00:04:46 fba fulfillment by amazon and fbm
00:04:44 00:04:47 fulfilled by merchant milo do you want
00:04:46 00:04:50 to break down the difference between
00:04:47 00:04:52 those two and what's maybe work best for
00:04:50 00:04:53 you definitely so fulfillment by amazon
00:04:52 00:04:55 is pretty much once you have your item
00:04:53 00:04:56 or your product you would label it and
00:04:55 00:04:58 you would put it in a box and you'd send
00:04:56 00:04:59 it off to amazon once it gets to amazon
00:04:58 00:05:01 they'll take care of all the logistiks
00:04:59 00:05:03 customer service and there's also
00:05:01 00:05:04 another service called fulfilled by
00:05:03 00:05:05 merchant this is pretty much where you
00:05:04 00:05:07 do all the logistiks where once you find
00:05:05 00:05:09 your item you'll pretty much list it on
00:05:07 00:05:10 amazon once it sells you'll send it out
00:05:09 00:05:12 yourself this service is perfect for
00:05:10 00:05:13 usually like a seasonal item if you have
00:05:12 00:05:15 a kind of a deadline when you need to
00:05:13 00:05:16 sell this product in a short amount of
00:05:15 00:05:18 time so you pretty much want to get it
00:05:16 00:05:20 listed and get it sold and get it out of
00:05:18 00:05:22 there as fast as possible so as far as
00:05:20 00:05:23 fba and fbm everyone's like okay carter
00:05:22 00:05:25 which one is gonna make me the most
00:05:23 00:05:27 money which one is the best and really
00:05:25 00:05:28 there's no right or wrong answer i feel
00:05:27 00:05:30 like it just comes down to the scenario
00:05:28 00:05:33 that fits you the best so that leads us
00:05:30 00:05:35 to step number four and that's what to
00:05:33 00:05:38 do after an item actually sells let's
00:05:35 00:05:42 say you found this book you listed it it
00:05:38 00:05:44 sold now what do you do now with fba
00:05:42 00:05:46 this is already at the amos on warehouse
00:05:44 00:05:47 after someone buys it amazon's going to
00:05:46 00:05:51 ship it to the customer the book guy
00:05:47 00:05:54 here as you can see he's got over 1300
00:05:51 00:05:56 merchant fulfilled books behind us milo
00:05:54 00:05:57 let's say you just sold this book what
00:05:56 00:05:59 is the process definitely so once the
00:05:57 00:06:01 book sells you would collect the book
00:05:59 00:06:02 and then you would pack it into whatever
00:06:01 00:06:04 if it's a poly miller it's a bubble
00:06:02 00:06:05 mailer and then you would go to your
00:06:04 00:06:07 manage orders you print out the shipping
00:06:05 00:06:08 label stik it on there and easy as
00:06:07 00:06:10 dropping it off at post office and
00:06:08 00:06:12 they'll get it right to your customer so
00:06:10 00:06:14 that brings us to step number five which
00:06:12 00:06:17 is basically just to repeat steps one
00:06:14 00:06:19 through four as often as you can what i
00:06:17 00:06:21 mean by this is if you want to make more
00:06:19 00:06:22 money in your amazon business well you
00:06:21 00:06:24 need to be doing more product research
00:06:22 00:06:26 you need to be buying more profitable
00:06:24 00:06:28 items sending those items listing those
00:06:26 00:06:29 items on amazon and selling those items
00:06:28 00:06:31 the more items you buy the more items
00:06:29 00:06:33 you sell the more revenue you make and
00:06:31 00:06:35 the more money you make as well and that
00:06:33 00:06:37 leads me to our tip section of this
00:06:35 00:06:39 video milo and i are going to share our
00:06:37 00:06:41 top tip that we recommend for beginners
00:06:39 00:06:43 when using the retail arbitrage business
00:06:41 00:06:45 model so milo what is your number one
00:06:43 00:06:47 tip for beginner sellers to have success
00:06:45 00:06:49 on amazon using the retail arbitrage
00:06:47 00:06:51 business model so pretty much just
00:06:49 00:06:53 invest in your business if it's in
00:06:51 00:06:54 software or if it's in discord groups
00:06:53 00:06:56 finding out what works best for you and
00:06:54 00:06:58 repeating those steps and stay
00:06:56 00:07:00 consistent keep feeding the beast now my
00:06:58 00:07:03 number one tip is to utilize a software
00:07:00 00:07:05 called brick seek and keepa keepa is
00:07:03 00:07:08 actually a software i think it's like 17
00:07:05 00:07:10 a month it helps to analyze an amazon
00:07:08 00:07:12 listing and view the past sales history
00:07:10 00:07:14 data which is very important as far as
00:07:12 00:07:16 making a proper buying decision for an
00:07:14 00:07:19 item and then also the website called
00:07:16 00:07:21 brickseek allows you to check stok at
00:07:19 00:07:22 stores in your local area so let's say
00:07:21 00:07:24 you want to buy this halloween
00:07:22 00:07:26 decoration at walmart or lowe's you can
00:07:24 00:07:28 plug in the sku number or the model
00:07:26 00:07:30 number and that website brickseek will
00:07:28 00:07:32 actually show you which stores in your
00:07:30 00:07:34 city or your zip code have stoks you
00:07:32 00:07:36 know which stores to go to which ones to
00:07:34 00:07:38 not go to so if y'all want to learn more
00:07:36 00:07:40 about selling on amazon you know how to
00:07:38 00:07:42 sell books on amazon doing retail
00:07:40 00:07:44 arbitrage make sure you follow my good
00:07:42 00:07:46 friend milo on instagram we'll have his
00:07:44 00:07:47 instagram link below in the description
00:07:46 00:07:49 of this video his dms are open if you
00:07:47 00:07:51 guys have any questions you're needing
00:07:49 00:07:52 some more help getting started helping
00:07:51 00:07:54 you find your first couple of items make
00:07:52 00:07:55 sure you go follow milo on instagram
00:07:54 00:07:57 we'll have a link to that in the
00:07:55 00:08:00 description of this video anyways that
00:07:57 00:08:02 is it for today's video thank you all so
00:08:00 00:08:04 much for watching actually shout out to
00:08:02 00:08:05 milo for letting me come down and make
00:08:04 00:08:07 this video with him i appreciate that my
00:08:05 00:08:08 guy if you guys have any comments or
00:08:07 00:08:10 questions regarding anything we went
00:08:08 00:08:12 over feel free to comment below i'll do
00:08:10 00:08:14 my best to get back to as many as i can
00:08:12 00:08:16 and of course if you got any value from
00:08:14 00:08:18 this video please smash that like button
00:08:16 00:08:20 i would greatly appreciate that and if
00:08:18 00:08:21 you guys want to see more content just
00:08:20 00:08:23 like this on how you can create an
00:08:21 00:08:24 additional stream of income online then
00:08:23 00:08:26 make sure you subscribe to the channel
00:08:24 00:08:29 and i hope to see you all in the next
00:08:26 00:08:29 video

Read More

Start your free trial today!

Try Pipiads free for trial, no credit card required. By entering your email,
You will be taken to the signup page.