What is selling on Amazon
Introduction to AMZ
Again, we welcome you to the peak! The peak mainly focuses on Amazon. Amazon is one of the most prominent side hustles that anyone can begin. It's easy to begin. It's scalable. It's overall a great way of achieving financial freedom. The Amazon business model is where you sell various items in various ways back onto Amazon. This model is extremely less risk extensive, as you can return the item to the respective retailer in which you purchase it from. These two business models can be found below.
Business Models
Online Arbitrage (OA) Online Arbitrage is where you buy various items from online large retailers such as Bestbuy, Target, and so forth. We will mainly look for items in which we can bring down the MSRP to a price in which we can turn a profit on Amazon. We can do this by stacking coupons, using cashback, and many other techniques in which can yield the same results, and as we stated previously, if you're unable to sell the item, you can just return the item to the retail store. This is awesome a great type of model since you can do everything from your house! Retail Arbitrage (RA)Retail Arbitrage is where you drive to a physical retail store to scan various items with your seller central app in search of a profitable item in which can be resold back onto Amazon. Retail Arbitrage is a fun way of sourcing, as you will never know what you will find. You can also use the leads channels in which we provide. In these channels, you will find leads at stores that you can drive to.
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