Product Name: Arbitrage Cash Cow
Product Owner: Michael Thomas
Advertised Price: $27
What Is It?
Buy stuff on Fiverr/Craigslist/AliExpress and sell it on Craigslist. There is software included in your purchase that helps you find products on these services.
Arbitrage Cash Cow a concept that makes sense and could potentially work. However, it’s not going to be the cash machine as advertised and there are many details left out of the the PDF guide.
Before You Buy
Essentially you are paying $27 for the software that finds products and services that you can buy/sell to make money from. There is a 32 Page PDF guide as well, but if you understand the basic idea of arbitrage, then you probably won’t learn anything from it.
What I Liked
No “one time offers” or upsells! WooHoo! I think this is the first product ever that just delivered what I ordered and didn’t try to sell me anything else. I’m amazed.
Arbitrage really works. I think you need a much better business plan than the one provided here, but buying low and selling high is not a new concept. If you can figure out a way to to turn this into a high value proposition rather than just taking advantage of folks that don’t price check, then I think it could be a legitimate business.
What I Didn’t Like
Not Enough Examples
If you are a complete newbie, I’m sure you have a lot of questions. Unfortunately, within the PDF we are given about 3 examples of items or services to buy and sell.
We are told to “solve a problem” on Craigslist, but not really shown HOW to do it. If you are naturally creative and a problem solver, you can probably take these few examples and start to create your own ideas.
But if this is your first step into the arbitrage business, I think you will have a hard time thinking outside the box and finding items to buy/sell.
I felt like there were a lot of missing details that will possibly lead to trouble down the road, if not get people stuck right in the beginning.
What happens with returns?
What if you advertise logo services and the buyer requests a portfolio of previous work?
What do you do if there are payment issues?
How do you get paid?
Is there anywhere to buy in bulk?
I feel like this guide was either outsourced, or written in an afternoon. It’s certainly not a comprehensive business plan. It also lacks the training and support that a newbie is going to need to confidently get started online.
Problems with Craigslist
As a matter of fact Craigslist is actively telling people that they should never buy a product sight unseen, and only deal with people locally.
So right out the gate, you are going to be battling with folks that are going to think you are running a scam. Once you ask for payment information, what you are going to do when they want to SEE the item in real life before they pay?
You may also have issues with your account getting flagged for running a scam, even if you are trying to be a legit business.
I'm introducing a new rating for this review. It's not a great product, but I think it could work for some people if make your own rules and do a lot of research outside of what's in the guide. I was going to give it a thumbs down, but thought that was too harsh, especially since he was nice enough not to include any annoying upsells.
My main problem with this product is that it was not a complete business plan from step 1 to the finishing line. There was no support network, and very sparse details on how to troubleshoot problems that a new business owner will run into.
The support and training provided by Wealthy Affiliate will teach you how to start your own affiliate marketing business. It’s a different business strategy than arbitrage, but it’s just as effective.
It’s inexpensive to start, fun to maintain (choose your own topic for your business), and there are tons of ways to ask questions of peers and mentors while you navigate the world of online business for the first time!