307: Online Arbitrage – How to Find Amazon FBA Profit from Home

Can you find Amazon FBA profit from the comfort of your couch? Amit Desai of CreditCard101.us has built a business doing exactly that, and now he’s on track to sell $250k worth of stuff this year – all on the side from his day job. We’ve covered Amazon FBA and retail arbitrage before on the Side Hustle Show, but Amit has a unique angle in that he sources most of his inventory online. Click here to download Amit’s top online arbitrage from this episode. Amit’s side hustle background is actually as a travel hacker. He’s one of those guys that racks up a bunch of points and frequent flier miles, so he can go on awesome trips for free. It was at a travel hacking conference where one of the speakers presented about his Amazon business, and how he was racking up tones of credit card points by buying inventory for his business that a light bulb went off for Amit. Flipping Items for Profit on Amazon Amit realized that if he could figure out a way to flip items on Amazon and breakeven he could step up his travel game. However, he soon found out there was real profit out there, not just from credit card cashback offers and free flights. He shares some interesting examples of how he's stacked cashback and other discounts on the items he's flipping to effectively increase the ROI on his products while being able to sell them at a competitive price. You'll hear where you should be spending your time if you’re starting out in the FBA space, loads of cool apps, websites, and tools that have helped automate most of his business, and the criteria he uses when sourcing goods. Tune in to hear Amit’s favorite tools for sourcing profitable inventory, his buying criteria, and how you can stack different discounts and rewards offers to improve your margins and get a leg up on the competition.