Retail Arbitrage: The Blueprint for Buying Retail Products to Resell Online
G**L
Great, encouraging book
I came upon this book entirely by chance. I still don't know how I got linked to it on Amazon, but by happenstance, it came to my attention just as I was facing the failure of a career venture and really needed a flexible,low-risk way to bring in extra income. I have bought hundreds of items on Amazon, including FBA (Fulfilled By Amazon) items and merchant-fulfilled items, but never thought about selling myself.This book really makes you feel that you can do it. It explains why many people who buy from Amazon versus their local stores, even sometimes paying more in order to do so (quick shipping with Amazon Prime, free shipping with Super Saver shipping, convenience, availability of items, etc.)He gives testimonials from several sellers ranging from an older lady who shops thrift stores on her lunch hour for items to resell, to power sellers who ship dozens of boxes to Amazon each week to have orders fulfilled by FBA.All the reasons why being an FBA seller beats stocking and shipping every item yourself are convincingly explained. My only caution here is that selling through Amazon's FBA program only makes sense if you sell a fairly high volume, because of monthly fees and other reasons. And for many sellers, getting to that level of sales, especially if you are doing this part-time, could take quite awhile. I wish I had realized that, for awhile at least, I WILL have to store a bunch of merchandise, and I WILL have to make frequent trips to the post office to ship packages. It will take some time before I am selling enough for the FBA program to make sense for me.The author does tout his own barcode scanner. I was not ready to invest in the monthly fee (though you can get a free trial) so I am starting with some free scanning apps for my iPhone. Right away I can see that these free apps do not offer all that FBAScout offers, so again, if you are a newbie like me, you have to make the choice: do I invest in the monthly fee because the information FBAScout gives me will help me buy more profitable items and avoid duds; or do I play it safe and wait to invest in this until I am making a profit? It's a chicken-and-egg question.I wish he gave more space to the other scanning apps that are out there. That is where "Barcode Booty" by Steve Weber comes in. That book reviews a number of apps for iPhone and Android that you can choose from depending on your individual preferences and needs. I feel that these two books combined give the new reseller all they need to know to get started.Do expect that there will be a learning curve in getting to know the ins and outs of this business. Realize that some of the power selling described in these books will either take some time to achieve, or involve more risk and investment than some people might want to get involved in. Here is how I started out: my daughter was gathering used DVDs for her club's bazaar. I snagged a couple of them, did a quick price check on Amazon, signed up as a seller, and was listing items within a few minutes. I listed the two DVDs and a couple of books to start. I sold one DVD in fifteen minutes, another two hours later, and a book the next day. And that was just stuff we scrounged from around the house. I think this is going to be fun!
P**E
good info for brginners
Some good tibbits in this book.Chris Green has a nice writing and teaching style. I enjoy his books and video. I do feel he pushed FBA scout way too much in this book. While I understand part of the reason for this book was to sell his app, I would have been annoyed about all the time he spent talking about FBA Scout if paid for the book. It does start to feel like an infomerical about halfway though the book. But once you get through the FBA stuff Chris does provide some really good content making its worth the read. FBA Scout does look like an awesome app and service . Once my business is big enough I probably will revisit this book and reevauate purchasing the service. As of right now. I can't justify the $40 monthly fee . There are less robust services for 9.95 a month that fit my budget. What Chris is offering is a full business process for $40.00 a month. This can be a game changer when it comes to time management you just have to grow into the service.
M**H
Effective Explanation of How Amazon FBA Works
Yes, this book is effectively an informercial for the products sold by the author. But as the author promises, the book clearly explains what the FBA (Fulfillment By Amazon) is, how it works, and how sellers can profit from it, whether or not we choose to use his products in doing so.In the mid-2000s, I sold many thousands of used books through the Amazon and eBay Marketplaces, and it was difficult work. (I started selling in the eBay and Amazon marketplaces as research for consulting clients, but continued after that work was done.) In the end, I decided to stop because after expenses, I didn't even earn minimum wage for my time! I recognized that to earn a reasonable profit, I'd need to grow this business much larger (dedicating more time and taking on more risk). When FBA came along, I glanced at the fee structure and concluded that it was far too expensive and risky to be workable.After reading this book, I think I understand how I might be able to profit despite the fee structure, with lower risk than I originally expected. But I'm still not willing to invest the time and money required to do so, and assume the risk that's involved.I think this book downplays the risks associated with this business model, and I would have welcomed some honest stories about how money can be lost (and how much, how quickly), and how the risks can end up biting you. But the author doesn't appear to hide any critical information, and I found this to be a very informative and useful book.Choosing a "star rating" for this book is difficult, because I just don't like the idea of giving a 5-star rating to a self-promotional ebook that's priced at $10 (I got it free during a brief Amazon promotion). But I also honestly can't identify any defects in the book that would justify a lower rating.
M**9
Great information- keep reading
I really am interested in this topic. Like other readers, I found that the inital chapters had a lot of repetition but it was consistent with the author being very clear about his points in each chapter. After getting about a third of the way in, the material was not nearly as repetative and was very much more related to the overall business. I found the book to be very useful and clear. The author gave many, many examples of different retail arbitrage opportunities and challenges, and how to proceed. He was very encouraging! He provides references for more information. And he provides his own information for direct contact for help! I am very glad I checked this out!
D**R
Great intro the biz
This was my primer for learning about RA, but I rarely open it any more, now that we've gotten started. Equal parts rah-rah (why RA is an opportunity) and how to get started, this gives concrete enough advice to give you the confidence to try it out, without pushing any one service as the "only" way to succeed. A bit dated in some ways, but not in ways that mis-lead you. Again, a great starting point.
I**N
No wonder Chris Green is a success in what he does.
There was one thing Chris said that put my mind at ease and made this book worth it alone in regards to selling on Amazon.I like his reasonable style of educated and intelligent writing that is grounded in realism; I don't get that subtle, gnawing sense that I'm being set up for failure or being sold something from an unscrupulous huckster. If something sounds "to good to be true," Chris acknowledges it up-front (like a thoughtful person would) and asks the reader to prove him wrong. I like that. I'd rather an attitude of "see if you can prove me wrong" than a "trust me" attitude any day of the week.This book, which is getting older by the day, has principles in it that would be relevant a century from now. Of course there are things said in it that is current for 2015, but again, Chris acknowledges that and suggests the reader to get the current info on the matter.All in all, a highly recommended Amazon Seller resource.
H**
c'etait conforme a mes attentes
ravi d'avoir fait cet achat
L**N
i enjoyed this book
i enjoyed this book, and learned a lot from this. Chris is one of the better teachers that I have read and watched. He has many utube videos, that are also great.
A**R
Fantastic explanation of FBA.
A great description of all the opportunities that FBA & selling online that are out there. A good insight into the processes & procedures required to be a good seller
A**R
Good price
Product as described
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