It is not a new idea and there are some who are already doing it without realizing that it is called arbitrage . I first discovered the issue in 2005. Those were fantastic times to buy traffic on Google Adwords and earn money with Google Adsense. arbitrationPhoto rights by Fotolia Arbitration between marketplaces – a profitable business At the time I was doing my PhD in Switzerland. I was spending 2,000 Euros on advertising and earning 4,000 Euros on the other side. It was a great business .
I have since given up niches I don’t like
to make money with a short-term vision (or so is my interpretation of niches). I’m not going to tell you the whole story, but starting from something very different, I detected opportunities to generate income through arbitrage with marketplaces lebanon whatsapp number data The idea probably came to me from a blogger who commented on how he sold cushions on Wallapop and when he closed the sale he made the purchase on Amazon, making a 150% margin.
What I’m putting together right now
This is exactly what I will be doing with a new website soon. No, I won’t be selling cushions , I’ve already left that behind. I’ve found a topic where business ready for the next there are significant price differences between the different platforms of Amazon, Ebay and Wallapop. Yesterday I even came across a website that ships to Spain that is cheaper than all the big platforms.
What is the idea that I give you?
You could use Google or Facebook to find an interesting topic (okay, yes, I admit it is a niche Then you look for products in the marketplaces and compare prices. The important thing is that you can buy cheaply abroad and sell more expensively bulk lead at a national level. You set up an online store where you offer the products you have purchased. Even if the theme allows for a longer delivery time, you could buy the stock only when an order has been placed. You may have noticed that I haven’t given you too many clues about the subject.
When I talk about guidelines
I mean that you should state what you need in a qualitative and quantitative way. “I want to be better known in my sector. As online metrics for me, web traffic, followers on social networks, newsletter subscriptions and in-store sales are the relevant ones. I am looking for growth in all figures of 10% per month.”
There’s no need to be much more specific. In my case, I’m fine with this and I can manage. If your agency doesn’t work out with this, you might be better off with an intern. At least it will be cheaper. If what the agency does for you can be done by a qualified worker and you can afford it, then it could even be an optimal option.