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Retail Arbitrage: The Blueprint for Buying Retail Products to Resell Online ReviewI have been blessed, and I have built a retail arbitrage business over the last 3.5 years without anyone to show me the way. Today my company ships about 200 items a day, all with FBA. I have tried the FBAPower products in this book so I didn't need the information on what the products do and why they make selling on Amazon so much faster and easier. So in reading the book, I tried to take myself back to those days when I had no idea what I was doing and I looked for things that would help the average Amazon selling newbie.
The book's real value comes from;
#1 - A thorough explanation of what Retail Arbitrage is and why it works.
#2 - The variety of online resources and recommendations found throughout the book and in the back, many of which I still didn't know about until reading this book.
Over the last three years I have tried a few hundred times to explain what Retail Arbitrage is, usually to friends and family. Odd thing, each time I see them I have to explain it again. It simply is not a concept that most average joe's grasp. My family and my wife's family are well-educated, middle-class or better professionals and they simply DO NOT GET IT. It takes an ah-ha moment, and for me it was selling a $4.88 South Park plush toy to a buyer in the UK for $104 on eBay back in 2007. Without that ah-ha moment, the whole concept just never sinks in. I am grateful that Chris Green finally put it in a book because maybe, just maybe, I can get some folks to read it and our conversations at Christmas parties can be about something different.
What this book does not include -
Detailed explanation of the buy-box and it's impact on Amazon sales. This is understandable because Amazon keeps the "formula" to themselves, but certainly it still matters to most Amazon sellers
Detailed information on taking an Amazon business to the next level, above and beyond what you can scan, transport and sell. If you are a highly motivated entrepreneur you will have to find the next level of your business, probably around the $1 million mark, on your own because you can't physically scan, buy and ship that much product yourself.
A note on the author's references to the FBAPower software that he and his partner have developed and sell subscriptions to; Often when a book mentions software like this it feels like a commercial and the cynical reader becomes convinced that there are other options, which my be better, that the seller is omitting. I can tell you from spending a lot of time in this business that there are competitive offerings, but they are mostly bad. I have tried them, and I have tried FBAPower. I no longer use FBAPower or Scout because my business has progressed beyond Retail Arbitrage, but I still use FBARepricer. In every case the products where the best offerings and easiest to use, and I am always happy to recommend them. As the author says, test anything he says in this book. Another thing I can add is that most competing software solutions don't give you a cell phone number to call or a personal email address for support, you receive both in this book.
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