Online Arbitrage - Buy Products Online to Resell
What you'll learn
- By the end of the course, you'll be able to find and evaluate products online for potential resale.
Requirements
- Marketplace knowledge (Amazon, eBay) is useful but not necessary. Once inventory is acquired, students will have to sell it.
- Computer, Chrome browser, Internet connection
Description
Ever wondered how online sellers are able to get the hottest products at the best prices in order to resell them for a profit? This course will show you exactly how they do it!
Online Arbitrage is the practice of purchasing items online to be resold online for big profits.
In this course, we'll look extensively at ways to do research online, from home, so that you know what products are in demand. We'll also look at ways to monitor and track prices and stock levels so that you always get the best deals.
There are many different ways to do Online Arbitrage and this course covers practically all of them! Whether you are a new online seller or someone who has been in this game for a long time, there is always something more that you can learn about Online Arbitrage. With new apps, services, and programs coming out that support Online Arbitrage sellers, it's important to stay up to date on all of the newest and latest methods of acquiring inventory to resell on Amazon.
By the end of this course, you'll have a firm understanding of the Online Arbitrage business model and the confidence to consistently find profitable products to resell for big profits.
Who this course is for:
- Anyone can use this course to find profitable inventory to resell and have it delivered right to their door.
- Ideal for Amazon and eBay sellers looking for additional inventory sources.
Instructor
I'm a Professional Book Marketer and I help authors SELL MORE BOOKS.
The business of books is 1% about having a "good book" and 99% MARKETING.
I coach authors and writers how to write their books in such a way that THEY BENEFIT even when they give their books away.
How is that possible? It's actually pretty easy, barely an inconvenience.
Authors should be including 'calls-to-action' and access to additional content within their books to incentivize readers to visit their websites and collect email addresses.
They should also include links to their social media profiles within their books.
And they should also use their websites to give away sample chapters (or other types of digital lead magnets) to collect email addresses and build a valuable email list of interested readers and prospective customers.
You want to get your book into as many people's hands as possible and, if you're a new author, giving away books can be a lot easier than selling books.
I teach my clients about the 80/20 rule of book marketing this way:
Give away 1,000 books (these can be digital so no cost).
20% of those people (200) will JOIN your email list.
20% of those people (40) will BUY SOMETHING from you (physical book, online course, membership, webinar training, etc.).
20% of those people (8) will BUY WHATEVER ELSE YOU'RE SELLING such as coaching or consulting.
To find these EIGHT CLIENTS, you give away 1,000 books.
Since 2011, I've sold hundreds of thousands of books and earned hundreds of thousands of dollars in royalties exclusively as a self-published author.
Leveraging self-published books is easily the most powerful thing you can do for your business today.
Where else can you have a physical product available for sale on the world's largest and most trusted marketplace and, when it sells, Amazon will literally do ALL OF THE WORK and send you a royalty check every month?