What are online arbitrage leads?
Are you an Amazon seller? If so, have you ever used a list of profitable online arbitrage products to help increase your inventory? If not, you may be missing out on a helpful tool to find more leads for your business.
Sourcing products on your own is challenging and time-consuming. In this blog post, we'll discuss why using an online arbitrage list can be helpful for your Amazon FBA business and provide some tips for getting the most out of them.
If you first want to learn more about what exactly online arbitrage is please read the blog post here.
What are online arbitrage sourcing lists and how do they work?
When you hear the term "online arbitrage list", you may think of a list of products that are no-brainer winners and only require you to purchase, ship, and reap the profit...I mean all we need is more money and to do that we just need profitable inventory for our Amazon business, right? ????
While sometimes this can be true, these lists usually contain much more information than just the profitable items links. In most cases, online arbitrage lead lists will include several data points as well as some great deals and profitable products.
Most online arbitrage lists, including those from OA Hunt, are delivered 5 days a week, Monday through Friday. I call these our daily leads and they include tons of information, including:
- Product title, category, ASIN
- Current Amazon price, sales ranks, and URL
- Store (source) name, price, and URL
- Profit and ROI at the current buying/selling price
- Number of sellers, estimated sales per month
- Shipping info, notes, and coupons
Plus our sourcing team is following lead metrics that we set in place; such as a minimum profit of $4 and 35% ROI, and we try to provide a suspension safeguard by using the IP Alert software to keep potential account health issue products off the lists. Keep in mind that these are just minimums. Most of our online arbitrage deals leads lists often have an average profit of over $10 and ROIs (return on investment) over 60%!
It's important to set expectations for your online arbitrage sourcing list before you ever even see one. We wrote a whole article on this alone. Check it out here.
Are online arbitrage leads list free?
Actually, OA Hunt offers 10 FREE leads every Friday to 45 lucky lottery winners. You can sign up to be entered into this weekly drawing once you've entered your email into our mailing list at the bottom of our website homepage.
These leads can really help ramp up the productivity of your Amazon business.
What are the benefits of using online arbitrage sourcing lists?
While it may seem like a lot of work to sift through these lists every day, the benefits are worth it. The biggest benefit is that you can find online arbitrage products without having to do any of the labor-intensive research yourself. This can save you hours, if not days, each week.
Secondly, a huge benefit is that you can rabbit trail off of the main leads from the lists. This is where a lead list can become a game-changer! Rabbit trailing is following the little trails that you find from the main lead posted on the sourcing list. Some examples: finding other products from the source site that are eligible for a coupon or discount, looking at the 'often sold together' sections on Amazon and the source site, and storefront stalking sellers of a product you are interested in flipping. If you want some more info on rabbit trails please check out Chris Grant's Rabbit Trail Challenge at www.rabbittrailchallenge.com
Additonally, when you purchase an online arbitrage leads list you will have access to it forever. This means in several months after the competition has come and gone, you can go back through it and often find OA deals all over again!
Lastly, using an online arbitrage list can save you so much money over using a sourcing assistant. When you sell products you want to keep overhead as low as possible. Sometimes this means using a list instead of your own virtual assistants (someone who you can hire to source products for you). In addition to hiring a full-time virtual assitant, save on overhead is cutting out tools that you don't need.
Whether you're just getting started or a seasoned seller, we hope that the benefits of using them will continue to help you build and scale your business!
So if you're looking for an easy way to do Amazon online arbitrage and find profitable products for your FBA business, then let's talk about how to find the best online arbitrage lead list providers.
How to find the best online arbitrage lead list providers
Now that we know what online arbitrage lead lists are and the benefits of using them, let's talk about how to find the best online arbitrage lead list providers.
Here are a few things to question:
- How long has the deal provider been around
- How many other sellers do they allow on their lists
- Does the lead list provider offer multiple lists
- Are the lists offered typically full
- What are other sellers saying about that company
- Does the list meet the criteria you require for making purchases
After you've considered all of these factors, it's time to reach out to the company and get a feel for their customer service. I always recommend this as a first step because if you can't get a response as a customer looking to give them your money, why would you want to pay for their services and limit yourself?
Why OA Hunt is the best OA list on the planet!
Here at OA Hunt, we have a team of experienced online arbitrageurs who hand-pick every single deal that goes out on our daily lists.
We've been providing quality online arbitrage leads to FBA sellers since 2020 and have helped hundreds of
businesses with scaling their operations, one lead at a time. There are several different list options with profitable items on all! We use a hybrid model of manual sourcing and software sourcing with Tactical Arbitrage.
We offer a list for every seller and every level of experience. PLUS We set ourselves apart with our top-tier customer service. You will get the personal care you deserve.
Currently, we do not offer a retail arbitrage specific list but many of our leads can be purchased locally or picked up in store.
So if you're looking for a reliable partner who can help you take your Amazon business to the next level, then please send me an email for free assistance, and let's chat.
Tips for using a leads list successfully in your online arbitrage business
If you're new to online arbitrage, then using a lead list can be a great way to find profitable products to sell on Amazon. However, there are a few things you should keep in mind to use them successfully.
The first thing is that you need to have a system in place for tracking the products you source from the lists. This will help you keep track of your profitability and know which products are worth your time and money. I suggest using the tracker I made which you can get for free by emailing me.
Another thing to keep in mind is that you shouldn't rely solely on these lists for your sourcing. You should also be doing your own research to verify the leads listed are ungated for you and will meet your specific needs for your Amazon account.
Verify the current price is in line with the price history. This can be done using one of the most vital tools, Keepa. Keepa deserves its own blog article but for now just realize that this is one of the first tools you should invest in!
You will be the one to sell these products and OA leads are just that, leads! Always try to protect your profits by making sound decisions on your own products.
Lead lists can be a great way to find profitable products for Amazon sellers, but they aren't for everyone. Following the tips outlined above will help you find the right list for you and get you well on your way to scaling the best Amazon FBA business you can build!
For more information on online arbitrage, be sure to check out our blog or contact us for assistance. We're always happy to help fellow entrepreneurs grow their businesses!