Product Name: Easy Arbitrage Profits
Product Owner: Dan Ashendorf
Advertised Price: $7.85
What is it?
Easy Arbitrage Profits promises to teach you how to make money buying products from eBay and/or Amazon then selling them on eBay and/or Amazon. Essentially you’re finding a product in one marketplace then selling it at a higher price on the other.
I was pretty disappointed with Easy Arbitrage Profits. I hoped to find some new idea or unique twist on arbitrage but that didn’t happen. It’s the same tired message and overhyped information that always seems to surround arbitrage info-products. On top of that, the promise of “making $3,000 a month on autopilot” couldn’t be any further from what’s actually delivered inside.
The method taught is quite labor intensive and time consuming. So in short, Easy Arbitrage Profits is hyped and overpriced, even at less than eight dollars.
Before You Buy
There were quite a few additional offers (upsells) associated with Easy Arbitrage Profits. I won’t waste your time by explaining them all in detail but they are all supposed to work together with the core product.
One, is an outsourcing guide, the next is a guide that reveals the so-called golden hidden markets and the other is a guide for price comparison apps.
Why would you need an outsourcing guide if this is an “easy”/”autopilot” business? And as you’ll find out later in this article, price comparison apps are likely going to eliminate arbitrage businesses.
It seems to me like all these upsells are contradictory to Easy Arbitrage Profits and its promise.
These additional offers range in price from $17 all the way up to $97. Purchase them all and it will cost you an additional $200.
The thing I really hated about all the upsells was being forced to sit through the videos on each one of their respective salespage. The videos have no controls so you can’t rewind, skim forward or even pause the video.
That wouldn’t be so bad if the videos were short and to the point but they’re not — the videos start with a bunch of hype and seem to run on and on. It’s like listening to a motivational/get-rich-quick seminar while while being forced to stare at plain white, text-only slides.
Update: If you are looking to do Craigstlist/Fiverr arbitrage, I recommend you take a look at my review of Arbitrage Underdog Reloaded 2015 (link coming soon).
What I Liked
It was quite difficult, but I found something I didn’t mind including in this section…
For What It’s Worth
There should be some bonus points handed out for the effort of the webinar. More often than not online marketers try to explain their tactics through an ebook but fall short. Not everyone can be a brilliant and insightful writer such as myself.
Having a webinar helps the customer with a hands on approach for those who have abandoned the ebook entirely from either poor quality or lack of understanding. This particular webinar didn’t offer anything more than what the ebook was already explaining, but nonetheless I thought the effort to better explain their product was helpful.
What I Didn't Like
There are some fairly serious problems the fundamental methods taught in Easy Arbitrage Profits. Let’s discuss some of them now…
Not Even Close to “Autopilot”
The pitch on the sales page promises to teach you “how to consistently make $3,000 per month on autopilot in 30 days” The problem with this statement — outside the fact that their strategy is utterly worthless — is they have no idea what the word autopilot means.
In my opinion, autopilot means push a button and walk away.
Easy Arbitrage is anything but easy, and it certainly isn’t autopilot. Before you can even get started you must first hunt-down the very best deals on items to resell, and you have to do this on a daily basis. This requires several hours of research — so much so, that Dan admits having to hire two to three employees to help him.
I understand the need to hire help if you’re trying to scale your business. But this is something entirely different. No matter what, this is a hands-on business that requires a lot of manual and tedious work. Take a look at my post on Craigslist Fiver arbitrage to see how even fully online arbitrage methods can take a lot of work to run a profitable business!
One important point that Dan fails to mention is the risks you’ll be taking on a constant basis — all of which could permanently damage your arbitrage business. Let’s say you buy a product from one marketplace that is damaged. How will you deal with that challenge when it comes up? Surely this is going to be an issue when you’re dealing with this many items but Dan never mentions it.
Another risk is reselling an item that you purchased from a scammer. You’re not inspecting these items so you have no way to manage quality control or even ensure that the item exists. Sure you can ding the scammers account but whose account do you think your customer will ding?
What will you say, how will you explain this?
These are very important questions that need to be answered but Dan acts as if these risks don’t exist. You and I know that’s not true. We’ve all bought something at one time or another, when we didn’t get what we paid for. It’s a fact of life and sometimes.
The Future of Arbitrage
With the growth of price comparison apps, more informed buyers and “deal sites” popping up arbitrage (at least in ecommerce) might be slowly dying.
There will always be room for buy-low-sell-high businesses but they are going to require much more than copying a listing from one site and pasting it to another.
Arbitrage works because so much of the public buys on impulse, but with information at our fingertips we have already created a generation of smart buyers. In the future, only those unfamiliar with technology will pay higher than necessary costs. For the time being, arbitrage can work if you do it right! But it's not a matter of just buying on one place and shipping to another place.
Arbitrage works, but this is not the product to teach you how to do it.
Amazon Arbitrage Done Right
There are people out there with million dollar businesses selling physical products online, including through eBay and Amazon arbitrage! I have reviewed some really awesome products on this topic. My favorite so far is called Amazon Bootcamp, but another membership site called Adventures on the River is cheaper to get started.