Ebay to Amazon ARBITRAGE GUIDE
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eBay Amazon RAGE G RBIT UID A E Simon Charlton Table Of Contents Introduction.............................................................page 3 Chapter 1: Why Use Ebay.......................................page 6 Chapter 2: How to find the good stuff on Ebay.......page 21 Chapter 3: Consumables!.......................................page 35 Chapter 4: Leveraging ebay sellers.........................page 39 Frequently asked questions......................................page 41 Resources.................................................................page 47 DISCLAIMER AND/OR LEGAL NOTICES: The information presented in this book represents the views of the publisher as of the date of publication. The publisher reserves the rights to alter and update their opinions based on new conditions. This book is for informational and educational purposes only. The author and the publisher do not accept any responsibilities for any liabilities resulting from the use of this information. While every attempt has been made to verify the information provided here, the author and the publisher cannot assume any responsibility for errors, inaccuracies or omissions. Any similarities with people or facts are unintentional. No part of this book may be reproduced or transmitted in any form, electronic, or mechanical, including photocopying, recording, or by any informational storage or retrieval system without expressed written, dated and signed permission from the publisher. This is NOT a get rich scheme. It is a real business model that requires work and effort. 2 THE Ebay to Amazon ARBITRAGE GUIDE Hello fellow entrepreneurs! I'm Simon Charlton from the UK, and, I have been making money online for around 15 years. I have been selling on eBay for all of that time, and, amazon as well for the past 8 years. To start with, I have to tell you that this is not a complete guide to selling on amazon. No, for that I would recommend the PAC (Proven Amazon Course) from Jim Cockrum. (Link is found at end of this book) This training course has a wealth of relevant information that can literally take you from 'zero to hero' very quickly in terms of making a good living selling on amazon. I, too, have benefitted enormously from the PAC and have added many incredible techniques and strategies to my amazon business. It is a brilliant resource that I believe every serious amazon seller should have. This guide I have written is based on my experiences over several years, with tried and tested techniques for finding what all amazon sellers need...............INVENTORY! This guide will show to you that you need to be using the largest online yard sale/swap meet/boot sale in the world to source your 3 stock, to find wholesalers and stockists, and, how to find the deals that no one else does. I will show you how I source my stock, and how I have built virtually my whole amazon business from the number one resource in my online business.......EBAY! Before we go on, I will assume that you have an account on both eBay and amazon, and, are at least a little computer literate and can type on a keyboard, even if it's with one finger! I realise that many folks starting on the journey of building an amazon business from scratch feel quite daunted at first. You want to have your own online business, and may have toyed a little with ebay or amazon. You may have already scoured your home looking for stuff to sell, and this may have all been sold. You may still have a job and find you have little time to do retail arbitrage, research private label, wholesale deals, liquidation, etc. And, you may have a small amount of cash to invest in stock. You want this business so bad! But, are weighed down with self-doubt and wonder where to start. There seems to be no end of places to buy stock. Too much choice and not enough knowledge on where to choose the right stock. I get all this, as I was the same not that long ago. Please be assured, though, that as you read through this guide, your eyes will be opened to the huge amount of excellent stock just waiting to be purchased from ebay and re-sold on amazon. This is not pie-in-the- sky nonsense either. The techniques I'll explain work, because I use them every single day in my business. 4 I am excited to share with you all what I have done to build my business from tiny beginnings, with hardly any money, and very little knowledge. But, what I did have was an eagerness to make it work, and you'll need this too. Read on with me, and we'll go through some great strategies to leverage the profitable items on eBay into your amazon business. 5 CHAPTER 1 Why Use Ebay? Over the years I have talked with many amazon third party sellers like myself. Some have complained that they struggle to find stock to sell. "Are you using eBay to source stock for re-sale?" I always ask. "No" is usually the answer. Now, this is often because many folks are looking to buy wholesale, or, are doing other retail and online arbitrage, thinking this is only where the deals are to be made, or are working hard on their Private label products. These methods do all work. But, to leave out eBay as a prime source of stock, is just leaving money on the table, and ignoring a wonderful source of new and used products that sell very well on amazon. Why you should be using eBay as a source of inventory: • Firstly, products often sell on ebay at way below what they sell for on amazon • You can find a constant supply of profitable goods to sell, both new and used • You can find some great suppliers that will sell to you again and again • You can develop relationships with some eBay sellers that can lead to more opportunities. (More about that later) We'll see how to do all this as we progress through this guide. 6 To be clear, though, this is not a guide on using ebay as a drop shipper. Some have done this, but, amazon has some tight rules on dropshipping. It's really only recommended to drop ship to amazon customers using well established and reliable companies. Now, some people have said to me that by sharing my techniques and secrets I may undermine my own business. To that, I say this: I won't give you the exact items I buy from eBay for re-sale on amazon, otherwise that would be giving my business away hook, line and sinker! But, I will give away the exact methods I use to find profitable items. I firmly believe that I have only scratched the surface with the eBay- amazon business model. Its potential is huge as far as buying stock for re-sale. And, I believe eBay is big enough for everyone to get in on these amazing ways to buy great stock for your amazon business. Just to show the sort of things I am talking about, here are some recent examples of purchases I made on eBay, which, for privacy reasons, order numbers, addresses and dates have been removed. The first item is a mosquito net, a very random item, but, brand new and unused. I bought it for £5, around $8. 7 I shipped it quickly into amazon, and it sold within 2 months. Here's the amazon order below showing the selling price of £27, approx $35: And, again, I recently made a local purchase of an LG surround sound system for £79, around $100. I collected it, sent it into amazon, and it sold the same day it arrived at the fulfilment centre. See the sale price below? £188, around $250. 8 And, lastly, I purchased a computer monitor for only £5.50 about $9. I sent it into amazon's fulfilment centre where it sold within a couple of weeks for £79.99, around $110. 9 These are only three of the purchases I made very recently. I have made, and, make many like this all the time. I hope this has piqued your interest further to read on and see how to make purchases like this and then convert those eBay purchases into sales on amazon. The Beginning So, just to enlighten everyone on how I started with eBay, then progressed to amazon as my main selling platform and, why....................Let's start at the very beginning. In the year 2000 when I first discovered eBay, I, like many others sat wondering what I could sell. I scoured the house looking for items. At that time I didn't even have a digital camera. I hardly knew what I was doing, but, was sure going to have a go. I remember I listed about 10 VHS video cassettes of well known movies. The auctions ran for 7 days. The response stunned me. I remember to this day checking my sales and seeing "Mr Holland's Opus" on VHS selling for £26, around US $40. And, this wasn't a rarity either, as stuff I was considering giving away was actually making good money. I realised this was potentially a big money maker. I needed to find more stock, and, see if I could replicate my recent sales. I began going to local charity and thrift stores, picking up books, videos, CDs, clothes, and so on. All this process entailed much trial 10 and error; I was just looking for stock I was guessing at would make money. I made some errors, though. I thought that buying big flashy, glossy coffee table books would sell really well, but, in most cases, they didn't.