Amazon Arbitrage to £100 a month

ExOkami145

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Hey there guys, so this is my second journey on here my first one failed miserably to be perfectly honest didn't see the results I wanted in the first week and just stopped and left the whole drop shipping niche.

During all of last year i was selling items on eBay making anywhere between £300 -£400 a month profit however in November many buyers started requesting refunds and getting charge backs leaving my paypal account in the red. Eventually come December my account was restricted to only be able to buy items :/. So i looked around and went over to amazon I had a seller account all the way back from 2013 and decided to take a shot selling on there.

I started buying used and new items on eBay and quickly flipping them on amazon to try and make a nice little profit i had little funds to start out when buying items as I'm still a student. Don't even ask me where all that eBay money went ???

The first thing i did was buy three items before realising the most expensive one couldn't be sold used on amazon :( so i had took my first hit already however listed up my other two items and sold 1 straight away. This soured me on so i decided to buy 5 more items and list them up and by the end of December i had sold all of them (except that one i couldn't list up ended up returning it).

So in total at the end of December:
Amount of items sold: 7
Money spent : £58.24
Sold for: £91.53
Profit (after all fees and shipping) : £19.37

Will be updating this every time i get a new batch of products in my next batch should be around Wednesday next week and then one at the end of each month showing how much money I made +-.

Feel free to ask any questions on how to start this or where to source items from i would be happy to help.
 
So we are coming to the end of January and so far its been quite a slow month but I'm guessing this is down to no one being paid till the last week so no one has been able to afford games and such. So far I have sold 4 items out of the 6 I have bought this week. Come February I should be trying to sell 10 - 15 items and make £30 - £40. But as for this month, I have left all my stats on the next line down so check em' out!

Amount of items sold: 4
Money Spent: £66:24
Sold for: £63.50
Profit: -£2.74
*Note 2 of the most expensive items have yet to sell yet. This will be rolled into next month when hopefully the item sells.*
 
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