What is Online Arbitrage?
Online arbitrage is the process of finding products online, and then reselling them for a profit. Oftentimes, the hardest part of getting into arbitrage is finding the best flips. Luckily, Flipmine is here to help. Our proprietary sourcing engine finds over 1 million new products each day, and allows you to search all of them in under 2 seconds.
How does eBay to Amazon FBA arbitrage work?
This is the kind of arbitrage that Flipmine specializes in. Here’s how it works:
Find flipping opportunities using Flipmine’s powerful search engine. You then purchase the item(s) on eBay, and have it shipped to you.
You list your item(s) on Amazon, and then ship your item(s) to their massive warehouses.
Amazon stores your stuff, so you don’t have to manage your own inventory.
When someone buys your item(s), Amazon takes care of fulfilling and shipping their order with your item(s).
You sit back and watch your items sell and profit! If a customer ever needs to return their item(s), Amazon will take care of the shipping logistics.
Why should I source from eBay?
Our research shows that eBay has the largest arbitrage pool when compared to any online retail store. By sourcing from eBay, you’ll find limited-quantity opportunities that you won’t find anywhere else, so you won’t be competing with other flippers for the sale. You’ll also be able to source used products, which are unavailable on most online retail websites.
How much does selling on Amazon FBA cost?
Selling on Amazon FBA is a really convenient way to sell your item(s). Naturally, there are costs involved, but we will break those down in detail for you. The first thing to know, is there are two selling accounts: professional and individual. A professional account costs $39.95/month, but proves to be helpful for those who are planning to flip lots of products (> 50 products per month). If you are thinking about starting small with only a few products, a free individual account may be a better option for you.
How do I find the best flips on Flipmine?
With over 1 million active flips at your fingertips, you may be wondering where to start in terms of finding the best flip. When using Flipmine, there are a lot of filters available, and it can be enticing to sort the opportunities to find the ones with the largest profit and ROI. While you will see opportunities with large profits, you’ll likely see very expensive items and mismatches(opportunities with products that don’t match up properly and can’t ultimately be flipped). In the case with eBay, we’ve found that the best flips tend to be the ones that have been recently listed. Good flips are purchased quickly, so it’s important to act fast. For more information, check out how to find Flipmine’s “sweet spot.”
Finding you the best Flips fast: Spotlight Mode
To help you find the best flips with the least amount of work, we came up with Spotlight Mode. Spotlight mode automatically filters the opportunities to help you narrow in on the flips that we think have the highest chances of being successful. If you are new to arbitrage and want a great way to find quick success, we recommend using Spotlight Mode.
Our Inspire Me feature shows you successful past flips
Seeing successful past flips can be extremely helpful in learning what makes a good flip. Analyze thousands of past flips to see how Flipminers are finding massive profits in the products they buy and resell.