There is a huge range if you choose retail arbitrage as your side. There is a learning curve – you have to learn how to find things you can make a good profit on that will sell relatively quickly. But if you have some money to invest beforehand, you can get this business off the ground in no time.
Retail arbitrage involves going to stores like Big Lots, Burlington, Target, Trader Joe’s, Walmart, Marshalls, Ross, and TJ Maxx and purchasing discounted items that you can resell online for profit.
You can try your hand at reselling your items on eBay, Craigslist or Facebook Marketplace, or you can try Fulfillment by Amazon. You send products to Amazon, and it stores, picks, packages, and ships the goods to people who order them. However, you’ll have to pay fees for storage and order fulfillment, so you’ll have to decide if it’s worth it.
