Quote:
Originally Posted by PornDiscounts-V
Clearance racks in America?
With 100K I would be on Alibaba or the crazier B2B version and buying things for pennies on the dollar and then selling them on Amazon. How do you think Amazon gets so much shit? Ebay works as well.
But... I would go half'zies on a bar with a local who is looking to run one. Granted he or she knows what they are doing. Passive income and possible franchise if your concept is well recepted.
Otherwise look around at local small sized ventures where people need $50K to get to the next level and perhaps somebody a little more business oriented than they are. So much money to be made offline.
|
That's what wholesale arbitrage is, sourcing products off Alibaba, Wholesale Brands, or any of an infinite number of wholesale boards and companies. But if you jump right in and blow your whole load you can easily end up losing it all. That's what I recommend starting slow and getting your feet wet with retail arbitrage, until you are comfortable with how it works and learn to identify what does and doesn't sell...