The questions we get time and time again is, “Where do you find and buy the products you resell?” and “How do I get started reselling on Amazon?” Once you’ve made the decision to dive into the world of online arbitrage and turn a profit by reselling products on Amazon, one of the best ways to start is Online Arbitrage or “OA”. This can offer a lucrative opportunity to source products from various online retailers and sell them at a higher price on Amazon.

Where can you find the best products to resell and maximize your profits? Let's explore some of the top platforms and strategies for finding hidden gems in the vast sea of online marketplaces.

Amazon itself

Believe it or not, Amazon is a goldmine for sourcing products to resell on its own platform. Take advantage of Amazon's vast product catalog and search for items with significant price discrepancies between Amazon and other online retailers. Use Amazon's advanced search filters to narrow down your options and identify products with high demand and low competition. Use special sales and events Like Prime Day and their Amazon Warehouse Deals to score products to flip for a profit.

Retailer Clearance Sales

Keep an eye on retail websites and stores for clearance sales, closeout deals, and seasonal promotions. Retailers often offer steep discounts on overstocked or discontinued items, providing an excellent opportunity for arbitrage. Websites like Walmart, Target, and Home Depot frequently run clearance sales, where you can find products at rock-bottom prices to resell on Amazon.

Online Marketplaces

Explore popular online marketplaces like eBay, Craigslist, and Facebook Marketplace for hidden treasures. Look for sellers offering bulk discounts, liquidation lots, or wholesale deals on products that you can flip for a profit on Amazon. Be sure to vet sellers and products thoroughly to ensure quality and authenticity before making a purchase.

Online Liquidation Auctions

Liquidation auctions are another fantastic resource for finding discounted merchandise to resell on Amazon. Websites like Liquidation.com, B-Stock Solutions, and Direct Liquidation offer access to bulk lots and pallets of overstock, customer returns, and refurbished items from top retailers and manufacturers. Participate in auctions and bid on lots that align with your niche and profitability goals.

In the ever-expanding landscape of online arbitrage, the key to success lies in knowing where to find the best products to resell on Amazon. By leveraging the power of online marketplaces, retail clearance sales, liquidation auctions, even dropshipping suppliers, and eventually wholesale distributors, you can uncover hidden gems and turn a profit with online arbitrage. Embrace technology and utilize online arbitrage tools and software to streamline your sourcing process and maximize your profitability. With dedication, persistence, and a keen eye for opportunity, you can unlock the potential of online arbitrage and build a successful reselling business on Amazon. Happy sourcing!

Winning Product of the Week

Title: 15 Amp Tamper-Resistant Duplex Receptacle Outlet with Ultra Fast USB C

Platform: Amazon

Cost: 32.99

Selling Price: 54.99

Margin: 18% / $10.00ea

Tip or Trick of the Week

Today’s tip is to Optimize Your Product Listings. Create compelling and informative product listings with high-quality images, detailed descriptions, and relevant keywords. Use keyword research tools to identify popular search terms and optimize your listings for better visibility in search results.

Q&A

This week, we got the question:

Good Question from subscriber, Lars.

To calculate profitability, consider the not only the cost of the product, but also Amazon Referral fees (including FBA fees if applicable), and any shipping or handling costs. Tools like the FBA Revenue Calculator can help estimate your net profit after these expenses.

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