Under the radar way to make cash with ebay/amazon
There is one profiled couple making a million a year with this.
Episode 724: Cat Scam : Planet Money : NPR
Basically the method as it breaks down is this -
1) Research top selling items on amazon, choose a product
2) Compare price of product between amazon and ebay
3) Find the price difference, if it is profitable, choose it
4) Get amazon prime (for free shipping!)
5) Literally just copy and paste description/pics from Amazon onto Ebay
6) When someone orders on Ebay, simply order the same product on Amazon and profit from the difference. Just like drop-shipping.
Believe it or not this actually works because people are too lazy to compare between different sites.
I could see this making $50-100 fairly easily and scaled up even more with software.
Anyone with experience in arbitrage?
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