I had some spare time at work so I went onto the clearance section of a retailer. They had around 30 watches all with big discounts from $100 reduced to $30. So I checked the ISBN number of some of the watches on Amazon and eBay many of them were being sold for the $80.
So I bought one from this retailer and sold it on Amazon or eBay I could at least double my money. However when I checked it further the sales ranking were quite poor on Amazon. However if I purchased a watch for $30 and it for $60 I would still double my money.
I have about retail arbitrage from YouTube but I full understand and believe it works.
Anyone tried it?
I am considering buying a watch I would keep and list it on Amazon for 6 months. If it doesn't sell I will keep it. If it does sell I could at least double my money. But does retail arbitrage work or is it a myth?