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RE: LeoThread 2024-10-03 21:06

in LeoFinance4 days ago

Are you still doing amazon FBA? I would be eager to learn the ins and outs. Both ebay and FBA.
For instance what app are you using to scan your books ISBN?
I am still looking to source books, and I will need storage. Does it make sense to use the warehouse of amazon or is that too expensive?

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I do both Amazon fba and ebay

If you have limited storage, do FBA. Storage fees are minimal especially if you have fast moving inventory. You don't want to sit on shit for 6+ months. I have runners that source from thrift stores & book stores for me. I handle bulk & source by word of mouth & nextdoor/Facebook. I focus on large purchases.we use scoutly for scanning.

Ebay is secondary income we started dabbling in recently. Much higher profit margins & lower fees. More diverse market & more personal. It's becoming more clear every day that it could easily scale to the same size or larger than my amazon store.

Don't think too much. If you want to do this, download scoutly & sign up for a free trial. get an Amazon seller account. get to scanning & listing.

I plan to share a lot more info for my subscribers when Creator Subs launches on here

You're doing retail arbitrage? I tried this years ago. I made a little money, but when I figured it up it was less than minimum wage for the time I was putting in. I would have been better off getting a part time job.

nah, I do very little retail arbitrage & online arbitrage.

I resell used media. Profit margins are great.

Awesome! Do you go to garage sales and buy old 8-tracks or something?

You must be doing it right!

I've built a good team

Thank you. I will just get started. And I might even subscribe to learn more. ;)

ping me if you need help! awesome to have people to share my madness with haha

So while I am waiting to get verified on amazon any tips what I should prepare?

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