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Micro Business Opportunity: Sneaker Arbitrage Side Hustle

In this presentation we cover selling on eBay as a side hustle, giving you tips and tricks on how to start a sneaker reselling business for beginners, buying and selling shoes and sneakers on eBay.<br><br>We offer a step by step business model and a full cash flow spreadsheet in Google Sheets to kickstart your entrepreneurial journey.<br><br>We cover:<br><br>* Exactly how it works, step-by-step<br>* How to start<br>* Some of the risks involved<br>* How to scale it bigger and bigger<br>* We take you through a spreadsheet Iu2019ve put together showing you in detail how you can end up, conservatively, making $2,500 to $5,000 extra income in the next 12 months using this method<br><br>We're releasing a series of videos and presentations on the best side income business ideas, side hustles you can start for extra money on the side of your regular job. Check-out the links in the presentation.

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Micro Business Opportunity: Sneaker Arbitrage Side Hustle

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Presentation Transcript

  1. ? Sneaker pimps Side Hustle: Store vs eBay $$$ arbitrage

  2. Hat-tip to: @CJ_Johnson17th (click to view tweet) ?

  3. ? How does it work?

  4. 1. Go to stores with name brand discount racks 2. Look-up prices of discounted items on ebay 3. If good $$$ gap, buy them 4. List on ebay 5. Return those you don’t sell within ~14 days

  5. ? Start-up costs?

  6. ● Enough to buy 2-3 key items ● Discount sneakers, ~$50 a pop x 3 = $150

  7. ? Margins?

  8. ● for example: ● $90 on ebay ● $70 in store (discounted) ● = $20 margin ● ~28.5% ● $150 to spend ● 28.5% x $150 = ~$43 each time round

  9. ⏳ Time investment?

  10. ● 2 hour shopping trip (buying & returning) ● 1 hour listing/selling on ebay ● 2 hours packing/posting

  11. ☢ risks?

  12. ● Don’t sell an item.. ○ Return it! ● eBay Customer return.. ○ Relist it ○ Return it! ● Customer fraud.. ○ Report it ○ Factor into your margins

  13. Worked example:

  14. ? How could you scale this?

  15. 1. Outsource ebay listing 2. Outsource packing & posting 3. Do more buying trips 4. Price to move 5. Source better deals & higher margin opportunities

  16. Get A copy of the Spreadsheet: ??rebrand.ly/nw-snk

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