outsourcing arbitrage

10 replies
With the right mind and ideas you could easily have some freelancer create something for you and sell or re-sell it and make profit. I know this is being done in many areas.

I'd like to make some investments and head this direction myself. Being the middle men and work smart.

Anyone would like to share some ideas and directions this could take. Which setup to use and some successful examples someone would like to share?
#arbitrage #outsourcing
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  • I have sth unique to sell and searching for place of sale, we can partner if you want - ( cosmetic niche )
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  • Profile picture of the author laurencewins
    James, I work as a writer/editor and proofreader, among other things.
    If you find clients and offer them what I offer, then you're doing what you propose.
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  • Profile picture of the author affmarketer101
    When it comes to arbitrage, many people think it's easy to make money. Well, it isn't because you have to take the hardest parts - finding clients, closing sales, collecting money, choosing the right partners to outsource, etc.
    This is my opinion to show that arbitrage is really hard in real life. If anyone can figure out the best way to resolve them, I am happy to learn.
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  • Profile picture of the author Steve B
    I tend to agree.

    If you're going to make the effort to get the leads, nurture the prospects, make the sale, follow through with the financial transaction, etc . . . then why not sell your own product or service? You've completed what most marketers find the difficult parts about this business. Why not make the purchaser happy and then sell other things to him?

    Steve
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    Steve Browne, online business strategies, tips, guidance, and resources
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  • Profile picture of the author marengokid75
    James...do you feel like you are good at something that others might be interested in? Like one poster did - he sells articles and such. If you had a talent that you could sell directly, you might be surprised at the turnout.
    I have, since 2011, been the "middle man" on reselling physical promo items to businesses and that has worked well. But it is very hands on and not something I could outsource to someone else. I also sell leads to businesses, but again....I'm doing all the work. I suppose you could outsource that but you would have to find the RIGHT person.
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  • Profile picture of the author ctrlaltdelete
    Oh, this reminds me of an acquaintance of mine (I can't exactly call him a friend) who runs a web agency. To save himself the hassle of hiring more employees, he outsources jobs (mostly content writing and SEO) to freelancing Filipinos since they usually charge for cheap. It lets his own staff focus more on web development since it's their main specialty.
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  • Profile picture of the author JohnMcCabe
    Originally Posted by affmarketer101 View Post

    When it comes to arbitrage, many people think it's easy to make money. Well, it isn't because you have to take the hardest parts - finding clients, closing sales, collecting money, choosing the right partners to outsource, etc.
    This is my opinion to show that arbitrage is really hard in real life. If anyone can figure out the best way to resolve them, I am happy to learn.
    This is the part that normally gets the short end of the stick. Too many wannabe arbitragers think that if they can sell a service, they can then simply find someone on Fiverr and pocket the difference. This does a disservice to both that client and to whoever approaches that client next.

    If you've ever seen the movie "The Music Man", you'll recall the opening scene where a traveling salesman races to catch the train, angry townspeople in hot pursuit. Later, you find out that the town has been poisoned against all traveling salesmen because a con artist fleeced the town by making promises, collecting the money, and skipping town.

    Don't be a "Music Man" -- be an honest broker.
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  • Profile picture of the author jazbo
    Of course if you outsource to cheap, untalented people you will only have crap to sell...
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  • Profile picture of the author Laracraft Lara
    You additionally need to pick an area or areas where you will outsource from and you have to choose on the off chance that you will contract your specialists exclusively or utilize an outsourcing organization
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  • Profile picture of the author dayus444
    If you are good at finding talented but relatively cheap people to outsource to, then you might do well.
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