eBay to eBay Arbitrage: Tips and Getting Started Guide
This concept is also known as Cross-eBay Arbitrage. Some also call it as Cross Auction Arbitrage. Cross auction arbitrage means basically that you buy something cheap from one eBay site and resell it again on another eBay site for a higher price. E. g. you find one item on eBay US for $100. Then you realize that the lowest price for this item on eBay UK is $150. So you could buy it from eBay US and sell it on eBay UK for $140. So your profit would be $40.
Is Retail Arbitrage with eBay Still Alive?
You purchase a product for a lower, or slightly discounted, price and then sell the same product at a higher price, therefore flipping it for a profit, it is Retail Arbitrage. Simple, right?
So while this may sound like a regular form of retailing, it’s not. The key difference is that unlike regular retailing, a seller who is conducting Retail Arbitrage does not purchase their products and stock from wholesale suppliers or manufacturers, but rather, buys the products from other retailers or sellers. And Yes, Retail Arbitrage is very much alive and eBay is one of the most used platform of such arbitrage. I don’t see dying anytime soon either.
An eBay to eBay Arbitrage Guide for Beginners:
Best Items for Arbitrage on eBay
Here is a list of items which are in trend for the year 2018.
- Phone Accessories
- Bullet Journals
- Bamboo toothbrushes
- Charcoal peel off mask
- Novelty socks
- Night masks
- Face serums
- Jade rollers
- Gym Products
- Enamel Pins
- Shape wears
- Essential Oil Diffuser
- Local Art
eBay Arbitrage Software and Tools
Tactical Arbitrage is an online arbitrage tool for selling on Amazon, with support to source from around 1000 sites globally. It can search by category, filter by important metrics such as ROI and sales rank, and include prep and shipping estimates. Using UPCs and an image-matching algorithm, sellers can confidently identify matching and profitable products. A comprehensive book-sourcing tool, dedicated page for Amazon-to-Amazon flips, and wholesale manifest scanning tools are also included.
Algopix provides real-time product market analysis for eBay and Amazon sellers. Actionable insights are available for 14 global marketplaces and help save time, decrease risk and optimize sales. Data points include product identifiers, recommended market price, an expenses breakdown, competition analysis, demand level, estimated profit and total sales estimates, to help sellers make better decisions about what to buy and where to sell it.
PriceYak began 10 years ago as a proprietary system for Amazon to eBay dropship arbitrage. PriceYak has inspired a wave of look-alike services. But PriceYak’s superior speed, reliability and advanced features make it the secret weapon of choice for today’s largest dropship sellers. PriceYak is the most advanced automation suite for retail dropship arbitrage. PriceYak supports selling on eBay, Amazon, or Shopify and sourcing from many retailers including Amazon (.com, .ca and .co.uk), Walmart, and Costco. PriceYak’s tools automate the operation of your store so you can free you and your staff’s time for the most important thing: growing your business.
888 Lots offers more than 100,000 brand new products in over 30 categories. There are no auctions, lots are fixed price and buyers can negotiate the price of each lot with their sales representative. Standard, branded, premium, premium gold and custom lots are available. Each lot comes with detailed information such as ASIN numbers, UPC codes, descriptions, MSRP values, a discount from MSRP, reviews, sales rank, and a downloadable and printable manifest.
5. Direct Liquidation
Direct Liquidation is a wholesale marketplace for surplus merchandise, including customer returns, overstock and end-of-life products. Merchandise is sorted, tested, refurbished and re-packaged ready to be resold. Direct Liquidation has six locations throughout the US and Canada, ships internationally, and provides 90-day warranties on refurbished products. Smaller test loads are available.
Product Genie will help you get a clear picture of the rates at what it is being sold at that very moment. Most importantly, it does that in a very short span of time. It not only gives you the rate at which things are being being sold at eBay but also the lets you know about the category of the item.
Tips for eBay Arbitrage
Sourcing, listing, shipping, customer service and keeping up with inventory have their own challenges.
Here are a few tips:
- Optimize your listing for search
- Check your spelling
- Fill in as many Item Specifics as you can
- Listings must include good photos
- Give great customer service
- Get acquainted with shipping methods and pricing
- Do your research
How to do On-The-Go eBay Product Research
As I have mentioned earlier that Researching the Product is very important in the business of Arbitrage. But, if you are in a hurry, there are certain things you can do to research about a product.
- When you are out sourcing and you see an item that you think is unusual or for some reason it causes you to take a second look, take out your phone and do a quick search for that item (either by brand or by general description).
- Then decide whether to purchase this item.
- Often, you can just take pictures of items (especially the brand, model number, etc) then research later at home and add that to your list for future reference.
- If you are so inclined, you may do further searches on Google or go onto other selling platforms to find similar items, or you can learn from websites that provide history or other interesting and important details and facts about your search.
To grow as an eBay seller, you must be willing to stretch outside your area of expertise, expand your knowledge, hone your skills and be motivated to prosper! To lighten the work load, there are various software available in the market, some of which I have already mentioned above. With sheer dedication, you can definitely bring success to your eBay business.