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Alex Kilka

๐Ÿ‘ค Speaker
192 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

So we assumed going into it that that wouldn't be as much of a challenge as it turned out to be.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Okay.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

And then we also assumed that if we're able to successfully arbitrage these opportunities that, yeah, that's it.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

We buy it on eBay, sell it on Amazon, end of the day.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

But we didn't realize there's such a human factor as well of certain vendors not shipping on time or being sketchy and shipping inferior quality.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Damn humans.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Or people on the Amazon side signed to return their products, maybe outside of the eBay return window, but still within the Amazon return window.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

So it's like a hot potato.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Sure.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

So we started off in electronics because that's where the initial discovery was.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

And we set certain parameters, like we needed at least a $5 price difference to make it even worthwhile.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

And then we increased that over time.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

So, you know, we need to look for a certain spread, certain product categories.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

And what we actually did is we scraped the top selling in different categories for Amazon.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

So we look at like the top 100 electronics overall and then kind of dive into top 100, you know, like computer products, top 100 products.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

um, you know, music products, um, so forth and just kind of crawl through the hierarchy.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Um, and then as soon as we found the bestselling products on Amazon, then we do lookups on eBay, um, and then pull in potential matches.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

And then we went through a whole process of screening them for fit.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Um, it was a combination of mechanical Turk.

SaaS Interviews with CEOs, Startups, Founders
1176 How this Developer Made $250k+ Selling Powertools He Didn't Own Via Amazon Ebay Arbitrage

Yes.