Retail arbitrage – the practice of purchasing high-demand products at a low price and selling them on Amazon at a higher price – is becoming more than just a hobby. It’s become a business. Online sales are projected to grow by at least 10% per year in the U.S. and as Amazon being the biggest online retailer in the world, more and more sellers are turning toward Amazon as their platform of choice to sell their products.
Are you curious yet? No worries. We’re making retail arbitrage even more simple with this 6-steps infographic showing you how the process works:
Are you going to try out this business model? Let us know in the comments!
Matt Clark is the Chairman and Co-Founder of Amazing.com, a serial entrepreneur, and investor. He’s been featured on Forbes, CNBC, and Entrepreneur.com.