Can you really make money online with ZERO upfront costs? Part 1
Can you really make money online with ZERO upfront costs?
The short answer is YES!
The long answer is YES and let me show you exactly how you can do this :)
I've been using these exact methods since 2010 and although the methods aren't NEW they still work amazingly well.
In fact I'd say it's even easier to make money using these methods in 2018.
In the next few minutes I'm going to introduce you to something anyone can do to make money online.
If you do this very part-time you can make a few hundred dollars per month.
With a bit of focus and commitment you can make an incredible life changing income.
So what is this method?
Arbitrage!
Specifically Physical Product Arbitrage also known as Retail Arbitrage.
There's several ways to do this; however, I want to share what I believe is the simplest and quickest way to get started.
Amazon to eBay arbitrage.
Basically, we find a top selling product on Amazon and create a "listing" on eBay.
Here's the step by step process.
Create a NON PRIME Amazon account... (NEVER use Amazon PRIME to order or ship items using this method!)
Create an eBay account or if you have good eBay score/reputation above 90% use that.
Search for BEST SELLING items on Amazon (choose ANY item)
EXAMPLE:
Search for that same item on eBay.
Look for the AVERAGE price of that item (NOT the cheapest, I'll explain why later)
EXAMPLE:
Compare the price on Amazon and eBay - we're looking to ensure we have at GOOD nett profit margin. Typically I'm looking to make at least $10 or £7. IMPORTANT: Use sites like www.salecalc.com to ensure you are allowing for any fees from eBay and PayPal etc.
EXAMPLE:
If there is enough net profit in that item then LIST the item on eBay. Use a mix of the text/contet etc from Amazon as well as text/content from other sellers on eBay. It's best to make this as original as you can, so don't simply copy and paste, put some effort into this. Also use the images from Amazon. Simply "right click and save as" etc.
Repeat with more items you find on Amazon and keep listing on eBay. You can easily list 20 items per day.The MORE you list the MORE money you will make.
Wait for orders... this can happen in minutes, hours or even days; however, they will come as long as you keep searching on Amazon and listing on eBay!
Getting paid... You get paid and receive your money from eBay first then and only then do you place your order with Amazon. NOTE: when ordering from Amazon you "check" the box that says... "This order includes a gift"... we do this so Amazon do not include any invoices, prices etc etc... I rarely get comments about the items being shipped from Amazon. If you get asked, just say you ship via Amazon as well as other companies.
Rinse and repeat the process over and over as many times as you want! Remember the MORE you list the MORE money you will make!
SIDE NOTE: Handling returns... ALWAYS make sure the item has been returned back to Amazon so you get credited for the item BEFORE settling the return with your buyer. In the UK you can arrange for the customer to drop-off the item at a specified place using a "returns label". This means there is NO charge to your customer.Once Amazon receive the item you get credited the money.
The POWER Of The Perception Of Value
This method works through the POWER of the perception of value.
You probably have your own opinion on both Amazon and eBay; however, over the years I've asked hundreds of people to tell me what their first thoughts are when they think of Amazon and eBay. Typically they say something along the lines of...
Amazon - Fast delivery, reliable, high prices, easy returns
eBay - Bargains, best prices, some good sellers
So MANY buyers choose to buy ONLY from eBay and never realize they could get the item cheaper and faster!
That's WHY this method has and still does work so well.
Pretty, pretty cool huh?
Oh and did I mention it's fun?
So now you KNOW exactly how to do this the ONLY thing stopping you from making a few hundred pounds, dollars, yen or euro each month or by creating a life changing income is...
YOU!
Go give it a go... you'll be amazed how effective it is.
Oh and if you know anyone struggling to pay their bills or who need to make money, be sure to share this post with them!
I hope you've found this informative, be sure to watch out for my next post where I'll show another effective way to make money with ZERO upfront, out of pocket expense.
Thanks for reading...
Phil
The Stupidly Simple Hacks Guy
