An Alternative Business Model - Retail Arbitrage (not Online Arbitrage)- Omer Muhit - Amazon Legends - Episode #201

The guest on today's episode is Omer Muhit. He is a successful Amazon seller who specializes in reselling books. Over the years, he has sold millions of books. His computer science background has been a significant asset to his business, as it allowed him to co-found a software company that provides powerful tools and services for other Amazon sellers. In today’s episode, he discusses retail arbitrage, an alternative business model for online arbitrage.Takeaways:Selling used books can earn you a good living.It is important for you to keep track of the inventory value you hold.If you want to sell used books online, you can start with books you already have, or you can get books free from your friends or neighbors.You can buy used items in bulk from nonprofit organizations for a lower price, then resell them for a profit.Quote of the Show: Amazon has different criteria for measuring seller performance on inventory. If it is a fast-moving item, we send it to FBA. If it is a slow-moving item, we use the merchant-fulfilled model. Links:Personal – Linkedin: https://www.linkedin.com/in/omer-muhit-74b730b4/OneStart Labs: https://www.linkedin.com/company/onestart-labs/Bookz Pro – Linkedin: https://www.linkedin.com/showcase/bookzpro/Bookz Pro – Website: https://www.bookzpro.com/Ways to tune in:Apple PodcastiHeart RadioSpotifyAmazon MusicAudibleGoogle PodcastStitcherYouTube (Subscribe to the channel and leave a comment)Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

There are no comments yet.

Please log in to write the first comment.