031 - Online Arbitrage - Beginner Strategies for OA Success with Rebecca Smotherman

05/11/20 • 34 min

The Full-Time FBA Show - Amazon Reseller Strategies & Stories

Getting started with online arbitrage (OA) can feel overwhelming. From not knowing where to look for inventory to feeling like you don’t have enough time, it may seem like there are many roadblocks in your path. This does not have to be the case if you break your online arbitrage into easy-to-manage steps when you’re first starting out.

In this episode, Rebecca is in the hot seat, and Stephen picks her brain to learn the best beginner strategies for OA success. Rebecca does almost 100% percent of the online arbitrage in the business, so she is well-positioned to provide expertise. Rebecca shares more about her OA journey and how she put theory into practice. For Rebecca, OA has suited her perfectly because she often found herself drained from conventional retail arbitrage. From there, she also discusses the importance of consistency and digging deeper than just the big-name online stores. Along with this, Rebecca shares some lessons she has learned and how you can avoid her mistakes. If you’re interested in dipping your toes into the OA waters, this show is definitely for you.

Previous Episode

030 - The Truth Behind Amazon's Return Policy - The Good The Bad and the Ugly

Could Amazon's return policy actually be a good thing for Amazon sellers? We all know that sinking feeling attached to a return notification from Amazon. While returns may not be our favorite part of the job of being an Amazon seller, it is a necessary aspect of business to deal with. Amazon's amazing return policy, as we explain in today's show, actually contributes to what makes Amazon such a great platform in the first place. Amazon is well-known for the ease with which a return can be logged, and the flexibility of this service is one of the ways Amazon is such a great place to shop!

In our conversation on the topic of returns, we talk about the somewhat obvious drawbacks of having to deal with returns, before we dive into the silver lining of these features. We also chat about the small amount of policy abuse when it comes to returns and the best course of action to deal with a customer's potential abuse of Amazon's return policy. We have a number of helpful and free resources to share with you throughout the episode, so stay tuned to the end to make sure you don't miss out.

Next Episode

032 - Online Arbitrage - Advanced Strategies for OA Success with Rebecca Smotherman

Today we are following up on last week's show on online arbitrage. While we explored beginner strategies in that episode, today we are taking things a step further and going deep on some advanced tips and tricks for your OA endeavors. Rebecca is once again in the hot seat and answering all the questions on online arbitrage, tools, and mindset, so get ready for a whole lot of useful information!

In this episode, we cover some of the basics of what makes OA so useful to your Amazon business before getting into potential hurdles that you can run into. Rebecca shares some great ways to minimize trouble issues and keep going when something comes up — mindset is key! From there, we talk about a host of tools, both paid and free that can make your OA experience that much easier and profitable, so make sure to look out for that. The last part of the episode is spent considering what the next few years might look like in the online arbitrage world. This episode is sure to help the OA aspect of your FBA business grow.