Saturday, June 21, 2014

Introducing Retail Arbitrage by Josh Smith

I think "arbitrage" has become one of those words that gets bounced around a lot, but we might not all know just what it means. It's actually a term taken from finance, and it means, "the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices" ( In practical terms, people are using this word a lot to talk about how you can buy things to resell online for a profit. And who doesn't want to do that?

Josh Smith has written an ebook called Retail Arbitrage, and his goal is give readers ideas about useful and profitable methods of finding items to buy and sell. The book is meant as a starting point; ultimately, people who are successful are those who do research, try new ideas, and work to build a strong customer base.

You might think that retail arbitrage starts and ends with eBay and Amazon, but as Josh discusses in his book, true success can come from building a solid client list and selling to customers directly through your own e-commerce store. But the cool part (in my opinion!) is that you can start selling right now, without setting up your own site, and Josh's book will give you tips about how to write successful listings on established marketplaces like eBay. The truth is that you just can't argue with the market share held by big sites like eBay and Amazon, so why not learn how they work from someone who has been there and done that when it comes to selling a variety of products online?

There's a lot of information about retail arbitrage out there, and Josh has put it together into a convenient package. How's that for one-stop shopping?

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