Anyone with internet access and a small amount of cash can buy products from 3rd party sites that are priced lower than the same items on Amazon, sell them on Amazon and pocket the profit.
When someone does this and decides to reinvest the profits, you can create a full scale business. I have met many Amazon sellers who focus exclusively on online arbitrage and sell well over 7 figures a year!
These results are certainly not typical but they are absolutely possible.
By buying, selling and investing you can quickly turn a few hundred dollars into a few thousand dollars (and so on and so forth).
This article will showcase the tools that give you an unfair advantage over other sellers.
How Is Online Arbitrage Possible?
"Why would a store price their product lower than I could resell it for?"
I get asked this a lot. People think this model seems impossible and illogical because online retailers should know they could sell their items at higher prices if they wanted to.
This same argument is made about retail arbitrage. People think, "why wouldn't they just sell the underpriced items on Amazon?"
Well, it's unreasonable to think that every online retailer monitors Amazon and other online retailers to make sure that they are priced the same. Tools like Tactical Arbitrage (the #1 tool on my list below) allow you to scan over 500+ online sites so it's an inevitability that some of them will have items priced low enough below Amazon (or eBay) that you can make a profit.
We all have the same limitations: time and information. While we can always obtain more information, it still takes time. This means that pricing items perfectly in a world of constantly changing inventory (different models, variations etc) is impossible.
The opportunities to buy low and sell high happen all day, every day and as long as we buy and sell goods online, this opportunity will never go away.
Quote me on that if you'd like.
Now, online arbitrage isn’t easy, but there are plenty of high quality tools that will help you find more product opportunities and make more money on Amazon.
As far as online sourcing goes, the world is your oyster.
The Key to Successful Online Arbitrage
I promise I will get to the tools in a second, but I want to tell you first why they matter so much (and why some are better than others).
Online arbitrage is a numbers game. The more data you can sort through, the more leads you will find and the more money you will make.
So all the tools I'm about to share either do one or both of the following:
#1 They help you analyze product data better
There is a lot of data out there. There is money in making sense of it.
Tools like Jungle Scout show you information about products on Amazon that will help you make buying decisions.
#2 The help you analyze product data faster.
Tools like Tactical Arbitrage can scour the internet for leads for you while you're sleeping. You can set a process and get an alert sent to your phone or email when it is finished running!
Deals are everywhere but they are buried and need to be found.
Like an archeologist unearthing a stegosaurus skeleton or a tourist scouring the beach with a metal detector, we are merely woring to bring out what is already there. We use tools to find these items before our competitors.
You aren't the only person looking for these leads. If you have the tools in place to help you find them sooner than your competitors, you will win.
The Tools for Online Sourcing Domination
Man is a tool-using animal. Without tools, he is nothing, with tools, he is all.
With the tools I am going to share with you, you can now…
- Collect data that helps estimate profitability and sales velocity
- Pull massive amounts of data from hundreds of stores in minutes
- Store, filter and refine huge selections of data
- Set price alerts to help you find leads "passively"
- Use fewer tabs and save tons of time when doing online arbitrage
Let’s go through the extensions one by one.
Please keep in mind one thing as you're going through these tools... you don't need them all. Some of them even overlap with each other. For example, ASINSpector PRO and Jungle Scout are both very similar (I have both, but you don't need both).
1. Tactical Arbitrage [MOST RECOMMENDED SPOTLIGHT]
This is the most powerful tool for online arbitrage ever created.
With Tactical Arbitrage, you can search for products to resell from over 400 sites. Easily set your own parameters for ROI, Sales Rank and other key metrics and Tactical Arbitrage will help you find products to sell fast.
Again, I did NOT put this tool at the top of this list by chance. It is the most important tool for online sourcing. The only comparable tool to Tactical Arbitrage is OAXray (#5 on this list). While OAXray is awesome as well, Tactical Arbitrage is more powerful (and better overall) than OAXray.
- Source from over 500+ 3rd party websites. Find products to buy low and sell at higher prices on Amazon.
- "Reverse Search" Amazon products and find where you can buy them. Start with the product in mind and then find locations you can buy it from that match your parameters (ROI, Sales Rank, etc).
- Analyze wholesale lists. Tactical Arbitrage is far from limited to just online arbitrage. It is now the premier tool for analyzing wholesale lists from suppliers and comparing their offerings to pricing on Amazon.
- ASIN Variation Analysis. Easily see which variations of an item are actually selling. This is tremendously valuable when analyzing products like clothing and shoes.
Price: Tiered pricing ranging from $67-$147
USE CODE ER10 AT CHECKOUT AND RECEIVE A FREE 10 DAY TRIAL
2. Storefront Stalker PRO
This tool allows you to pull up to 400 pages of ASINs from nearly any Amazon page or competitor’s storefront. Works seamlessly with a tool like Tactical Arbitrage but the data can also be used with tools like OA X-Ray, Price Checker 2 or any software that analyzes Amazon ASINs.
All Tactical Arbitrage users can now integrate directly with Storefront Stalker Pro and use its features within the web based program. See video below for more information! If you have Tactical Arbitrage at the time of your yearly billing, you will not be charged again!
This is one of my tools and is currently only available on Gumroad.
- Unlock Tactical Arbitrage best seller reverse search feature. All Storefront Stalker PRO users receive "keys" that unlock this powerful feature in Tactical Arbitrage.
- Turn any Amazon page into a .CSV file of ASINs. You can then upload these .CSVs into 3rd party tools.
Price: $199 for lifetime access or $79 for Tactical Arbitrage Best Sellers Keys Only
3. The Camelizer [Free]
This extension runs directly on the Amazon product details page and shows sales history for the product you are researching.
4. AMZ Seller Browser [Free]
This tool is great because it adds the sales rank to all of the products you view on Amazon. This can be an alternative entirely to The Camelizer also as it runs Camelcamelcamel information.
When OAXray came out in 2015, it changed the way sellers sourced online. It immediately gave users an advantage and the ability to source far more than ever before.
6. OA Highlight
With OA Highlight, you can quickly and easily search for any text in any of the included search engines. If you want more, you can add your own fairly easily.
Price: $29.99 for lifetime access.
7. Jungle Scout Extension
One of the most sophisticated sourcing tools on the market, Jungle Scout allows you to see a product’s estimated monthly sales, best seller rank, revenue, or other criteria that is critical in identifying profitable opportunities. Filter, organize, and export to CSV to aggregate and organize key data points to accelerate and inform your Amazon product research. This tool is most useful for finding private label opportunities, but it is also of value to traditional online sourcing.
Price: $97 for Lite or $197 for Pro
8. Jungle Scout Web App
The product tracking tool found inside the web app will monitor your competitors’ pricing, inventory, profit margins, and more. An amazing tool for product research and competition spying.
Price: Startup Plan for $39 and Business Plan for $99
9. ASINSpector Pro
Extract rank, sales volume, estimated revenue, import ASINs. Updates to the original ASINspector now allow you to access mobile scanning, keyword spying, reverse search, store and save and yes, still more!
10. 488 Online Sourcing Sites [Free]
This is one of my personal creations. It is a collection of 488 websites that you can source online. Download for free and you will be able to store all of these links in an easy to access bookmark folder right on your Google Chrome dashboard.
11. How Many
This extension will show you the quantity in stock for any Amazon product for each seller. There are limitations (merchant fulfilled sellers and sellers with quantity limits are not going to have helpful data) but it is an awesome tool so you can decide how deep to go on a product. There is also a free 7 day trial offer available. How Many now has an iOS app.
12. Keepa [Free]
Amazon price tracking tool that can be set to send alerts notifying the user of price drops.
13. Price Blink [Free]
This Google chrome extension alerts you to lower price opportunities on any page. If the product you are looking at is cheaper somewhere else, it will show you.
14. Flippin.It Pro
This extension is like Keepa on steroids. You can easily see important data that will help you make your buying decisions and base them on past sales history and pricing. An online arbitrage must have.
Bring your cash back and gift card sites directly to your Chrome browser.
Online arbitrage + Cashback + Discounted Giftcards = Winning
Price: $39.99 for lifetime access
16. Brick Seek Add-On
Sometimes online arbitrage and retail arbitrage collide. The Brick Seek Add-on facilitates this by allowing sellers to see if they can buy a product at a brick and mortar store in their area.
Price: $29.95 for lifetime access
17. Price Checker 2
My second favorite tool for analyzing bulk product spreadsheets for Wholesale, Amazon Flips or Geographical arbitrage. Customizable and fast. It’s no Tactical Arbitrage, but it is good.
18. Cleer Platinum
Cleer Platinum is a Chrome Extension that dramatically reduces the amount of time you spend on online arbitrage (or make the time you do work much more efficient).
Cleer platinum puts critical info at your fingertips, on any web page.
Price: $97 for lifetime access (there is also a free version called Cleer Pro)
19. Can I Sell It
Can I Sell it replaces the need for that and lets you know if you (yes, you personally as all stores are different) can sell a product. It pays for itself many times over if it prevents you from just a couple of bad buys!
There wasn’t a fast way to find product restrictions when doing online arbitrage, until now.
20. Rev Seller
An on screen tool that allows you to see valuable data and plug in your buy costs to calculate estimated profits after fees. One of the most popular online arbitrage extensions on the market.
Price: $99/year (my readers get $20 off their first year with code FBAT20 at checkout. 30 day free trial is available and doesn’t require a credit card.
21. Bulk List Builder [TACTICAL ARBITRAGE ADD ON]
I have raved about Tactical Arbitrage and this tool makes it even better.
A "bulk list" is a spreadsheet that can be uploaded to Tactical Arbitrage to quickly scan websites for profitable items. These lists were sold for as much as $99 a piece, but this tool made it so you can easily make your own.
Price: $129 for lifetime access
22. Storefront Scheduler
If you like Storefront Stalker PRO, you will love this tool. It makes it so you can "stalk" competitors storefronts on a set schedule. If your competitors add products, you can see which ones and consider adding them as well.
Price: $79 for lifetime access
The tools I've just shared with you are great but without practice and application, they are nothing more than worthless lines of code.
There is no substitute for learning to sell on Amazon by trial and error, but there are two books I highly recommend you look into.
How to Keepa Camel: Using Amazon Sales History to Make Smart Sourcing Decisions by Stephen Smotherman
Understanding Keepa and CamelCamelCamel are absolutely critical to your success as an Amazon seller.
These tools will show you what is actually happening with products on Amazon. Without Keepa and CamelCamelCamel (abbrevieated CCC usually), you will find yourself buying items that don't sell either as often as you expected OR at the prices that you expected them to sell at.
This book will both save you money by preventing bad purchases and make you money by giving you the confidence to buy the right products.
Online Arbitrage by Chris Green
Chris Green is the original pioneer of the online arbitrage on Amazon model.
This book showcases the methods of online arbitrage and will give you a huge advantage over your competitors.
Keep in mind though, this book was released in 2015, before tools like...
- Tactical Arbitrage
- Storefront Stalker PRO
- And about half of the tools mentioned above...
The methods are timeless though and this book is well worth the high price point.
Thanks for reading, don't forget to download your recap of the post for reference AND share this with your fellow Amazon sellers.