I Tried Online Arbitrage For 1 Hour as A Complete Beginner // With Help From Fields of Profit

I gave myself an hour to find as much profit as possible. Luckily, I had expert help! ‪@FieldsofProfit‬
Watch Fields of Profit's Video here - • This Retail Arbitrage ...
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Affiliate Links - Updated October 25, 2021
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🎺 Disclaimer: This channel just represents my opinion on everything I talk about. Consult with tax and financial professionals if you have specific questions or want specific recommendations. Also, some links above may support the channel through affiliate programs. If you've read this, dope.

[@FieldsofProfit]

I don’t think anyone would complain about $200/hr! Guest was very cool 😂

[@commoncourtesyuniversal6044]

Facts

[@kvflips]

🐐

[@giniaweaver7377]

Pretty neat seeing you two collabe together. I've been watching Fields of Profit a lot more lately because I'm trying to incorporate much more OA with my RA.

[@AnthonyBodanza]

yeah! He's great for that content!

[@penaward3855]

I agree! I love both the channels!

[@23SamK]

This video is so helpful to better understand online arbitrage. Subscribe to both channels, so much value! Thank you Anthony!

[@AnthonyBodanza]

Thanks Samuel!!

[@PCizILL]

Saw you in joliet yesterday, gave me a mini advertising disc golf and that led me to this channel. So dope to see you living the van life. will def be taking some notes on both channels. thanks brotha.

[@apex7673]

no way !!! you two are the only people i watch regarding selling on amazon. this is awesome lol

[@AnthonyBodanza]

Thanks so much!!! :)

[@lisasmcg10]

Good stuff! Thanks guys! I look forward to learning more about it.

[@AnthonyBodanza]

thanks Lisa!!! Me too, lol!

[@commoncourtesyuniversal6044]

Glad you're upgrading to OA. Can't wait for the type of content you will make! Also wouldn't it be best to keep your leads to yourself since you're sharing them with hundreds of other sellers watching this video thus the listing could potentially get over saturated?

[@AnthonyBodanza]

Thank you! And yes, so won't be sharing stuff I'm selling, keep my account safe as well from prying eyes. This was mainly for content and practice, to show what's possible, especially if I didn't share it all! lol

[@commoncourtesyuniversal6044]

@@AnthonyBodanza Gotcha! Also, keep up the great work. I already know you're going to be a great OA seller just from watching this video. Have a good one!

[@StephanYazvinski]

nice vid, rly helpfull, ive also looked at those hemmoridial wipes while sourcing 😭

[@AnthonyBodanza]

🙌🏼😁 thanks Stephan

[@Nana_Tink]

Dang, this is so far over my head. I need to go back and watch more videos of how to start Amazon. I'm learning bits and pieces with Hope's one day this all makes sense 😂 thanks for the info.

[@AnthonyBodanza]

Haha, definitely go watch warner's video on the channel Fields of Profit. We talk about a lot of this there!

[@TheThriftingGoomba]

I'm with you, Nana. I'm an old dog trying to learn a new trick.

[@OscarMartinez817]

OA can be worth it to send to a prep center if you have high enough margins to make up for it. Personally wholesale is better.

[@AnthonyBodanza]

So many different amazon business models! It's great since so everyone has a different need/desire for their biz!

[@howwSWAYY]

My two favorite amazon creators?!?!?! What a time to be alive!

[@AnthonyBodanza]

Lol, thanks so much!!! 😁

[@AdventureswithVictoria]

Greta video Anthony. I love Warner too!! Both of you are amazing teachers. Looking forward to the next video and Warner's reaction to what you found.

[@AnthonyBodanza]

thank you Victoria! Appreciate it!

[@vvvazirixx8549]

learned a lot from this. Thanks man!

[@jaxx-_-123]

Hey Anthony, at 10:52 you mentioned again that you are tax exempt, is that hard to do when buying online? Or is it because your prep center is in a tax-exempt state?

[@AnthonyBodanza]

It was specifically for Walmart. Some online places take it some don’t but Walmart is super easy to set ip

[@maxm1584]

Do you still prefer the dedicated Keepa subscription even with SAS having a built in keep chart?

[@AnthonyBodanza]

I do, specifically becuase I integrate it with inventorylab/scoutify2 while sourcing RA. SAS doesn't have all the keepa data either, I don't believe, like variations, which is important for some listings. Probably not fully necessary, but I think they have slightly different features that make them both worth it.

[@mariajosebagdadi-garcia3346]

Great video Anthony! Where is the following video when Warner and you review your findings ? I cannot find it . TIA

[@AnthonyBodanza]

..................... definitely not sitting unedited on an old harddrive I have...

[@miamiflorida6965]

Warner is AWESOME! ❤❤❤❤

[@AnthonyBodanza]

True, he definitely is

[@aside628]

good to see you talking to fields of profits, you should join his discord if you haven't. (Gonna watch the full video when im back from the gym)

[@AnthonyBodanza]

I have, not on discord much, but it's really solid!

[@ericlovelace7605]

Love your content ! Been consuming like crazy! For the ROI for OA is there a specific percentage and dollar amount you are going for at bare minimum? I'm also doing this PT with a FT job, so would like to get the most bang for my buck. TIA

[@AnthonyBodanza]

For OA, I'm searching for 50% because I like to be conservative as I'm starting off doing something. But Warner does 35%, he just has more capital than me! Doing RA has a good ROI, but more time investment, so depending on if you have more time or more money, OA or RA might be better (time for RA, money for OA)

[@primeprofits247]

Thats awesome bother good job

[@AnthonyBodanza]

thanks Christopher!

[@primeprofits247]

@@AnthonyBodanza quick question i sent in 4 items the same thing i used the same amazon sku went i printed out the item labels it shows on amazon as 4 in reserved but i went incognitio to my store and i tried to buy 4 it says i ony have 1 in stock why is that

[@AnthonyBodanza]

@@primeprofits247 why are they reserved? are they transferring between FCs? That's normally what happens and they don't become available until after they get to their final place

[@AnthonyBodanza]

@@primeprofits247 I'd check where they are. They might be in FC transfer and not available yet.

[@primeprofits247]

Thank you they are in transit

[@SmokieTRW]

Great colab

[@AnthonyBodanza]

Thanks!

[@TheThriftingGoomba]

OA is something I want to try. For me, it might be the only way to have a successful Amazon business as I get older.

[@AnthonyBodanza]

That could make sense, it is definitely more accessible than RA!

[@youranswersarehere2386]

How do I tell my husband I am spending a good amount of time with young men - namely Warner and Anthony??? I say "No worries honey - they are teaching me the fastest way to pay off our RV and house :P Now I have MORE answers! Yippee!

[@AnthonyBodanza]

Lol, hopefully this isn't too hard to explain!

[@moh1med168]

you are lucky, you got a big help from a pro 😂 congratulation

[@AnthonyBodanza]

It was definitely helpful

[@kingfratetrain7634]

What prep center do you use?

[@VersatileRaps]

I use me myself and I haha

[@AnthonyBodanza]

I'm going to be using iLogistics! Really happy with my talks with them. Reach out to me on IG and I can get you in contact with them

[@znelson32]

I have to be honest.. the repricers I've tried don't impress me and they're far too expensive. I found myself second-guessing them far too often for the price paid. Examples include a final price for a used item that's priced higher than the new buybox offer - that should never happen. Prices that jump up and down against the same competitor that hasn't change their price at all, no explanation for that. I wrote my own this weekend and it operates exactly how I feel it should, making the same decisions I do when I analyze a listing. Don't fall for the AI marketing hype. Whether it's actual machine learning or just a marketing angle, it's only justification for a higher monthly fee. It all comes down to the what the competition is right now, what they're priced at right now. It's not a complicated notion. The only catch is the Amazon API doesn't provide quite enough information in regards to live offers but that hasn't been an issue I've been worried about as people tend to cluster their pricing around each other anyway. Best of luck!

[@AnthonyBodanza]

That's awesome you can write your own!!!

[@znelson32]

@@SS-zg6of the other thing that’s awful is pricing can be delayed. Amazon says up to 15 minutes but I’ve literally seen 3 hours pass before my pricing updates. Just the other day I had a book priced at $12 because the previous repricer I used was just awful. The one I wrote caught the issue and raised the price to $22. But Amazon didn’t reflect that new price for a solid 3 hours. About 2 minutes before it finally changed from $12 to $22 an order came in at the lower price, and then right after that when the inventory went Inactive the price was updated to $22. Sucks but oh well not a big problem. Now I send pricing every 10 minutes because you never know when Amazon gets around to updating. I’ve even seen half of my prices update while others are 3-hours old. It’s crazy.

[@SS-zg6of]

@@znelson32 Sounds a bit fishy. Everyone talks repricers, but the reality is they don't perform as advertised.

[@kingfratetrain7634]

OA is a lot easier when you find a profitable item

[@AnthonyBodanza]

True!

[@tpsu129]

You’re not near a river are you?

[@AnthonyBodanza]

I was by a small one there! Not right now though