—
There’s a multi-million dollar industry which promises to make people money through what’s known as arbitrage. To put it in simple terms, Arbitrage is finding a product at a low price from one supplier and selling it at a higher price to the customer. That might sound a lot like a standard business, but the difference is that instead of buying cheap in bulk, with arbitrage sellers are often buying from a retailer and getting them to ship direct to their customer. This unique method of dropshipping from eBay to Amazon allows arbitrageurs to hold an unlimited amount of inventory with zero risk, thanks to Amazon’s wide selection of 500 million products.
One problem with managing thousands of items on eBay is that it takes a lot of time and effort, and this becomes nearly impossible at higher volumes. eCommerce never sleeps, and humans are prone to mistakes. The seller needs to list items, monitor the price changes, and then place the orders from Amazon before they go out of stock. The good news however is that there are dropshipping tools to automate the entire selling process, but sellers need to choose wisely so they don’t get stuck with something that’s expensive or unreliable.
Now a new eBay dropshipping software, Arbiship, has launched in the USA with the promise to automate the most complicated part of the arbitrage process. It’ll allow drop shippers to sell on eBay.com whilst automatically processing and placing orders to customers from suppliers such as Walmart and Amazon.
Without automation sellers would need to complete the stressful task of placing manual orders, which involves finding the correct items on Amazon & Walmart, copying buyers addresses manually, double checking information, filling in payment details, and having to calculate profits. Arbiship say that they can do all this automatically..
The reason Arbitrage is so appealing is that it doesn’t require a large investment of time or money. It’s possible for sellers to provide thousands or hundreds of thousands of a large variety of items without having the impossible and expensive task of managing relationships with all of those suppliers. To begin selling seriously online, it is necessary to have an automated software, like Arbiship for example, to manage this long & tedious fulfillment process. Sellers would also need an eBay price monitor (also known as a “repricer”) to automatically track price changes on Amazon, and an eBay listing software to list thousands of items from Amazon to eBay.
Arbitrage is slightly different than traditional drop shipping though. Would a business owner be willing to trust that the product would still be available from a retailer when they get a sale? What if they sell out or the price changes. Sellers could very quickly find that their eBay account has a ton of orders that can only be processed at a loss, but equally if everything goes well they could be making profits from home without holding any stock or touching a single product.
How far would someone be willing to go to completely automate an eBay business – is arbitrage something people are willing to try? Either manually or with automatic tools like Arbiship.
Release ID: 227561