💰 Flipping Game 🏈
What is Retail Arbitrage?
Retail Arbitrage is when you buy a product from a store or brand and resell it at a higher price to profit from the difference. Retail Arbitrage is a form of reselling.
What is Reselling?
"A reseller is a person or company that buys products from
different suppliers and sells them to their own customers (usually at a
profit). Resellers often provide some value-add in terms of the customer
experience, which enables them to mark up the price of the items they
sell."
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"Pros and Cons of "
Retail Arbitrage - Many people work as professional arbitrageurs, however this is not the best option for everyone. Before you start reselling as a side business or a full-time endeavor, carefully assess the benefits and drawbacks.
- PROs: Quick Cash, Little Starting Captial, Easy Side Hustle
- CONsYou could lose money, You’re in constant competition, Not everything sells, It can be time consuming
Gary Vaynerchuk is famous for promoting the flip game
(A.K.A reselling).
Gary a CEO, investor, and serial entrepreneur, Gary Vaynerchuk juggles
several roles. He balances all of those tasks while also being a social
media whiz who frequently appears in videos on YouTube and Instagram to
encourage viewers to establish a side company, expand their business,
and increase their online presence.
He speaks to his audience on how to add additional income to their
lives. If you would like to hear more about the flip game, who better to
hear from than a multimillionaire than Gary Vee.
Built with ♡ Erika "Erry" Romero