Textbook Money is an online software and training program developed by Luke Sample and Jon Shugart. The training focuses on helping small business owners tap into the power of Amazon's Trade-In program and focuses on textbooks.
Simply put, it is the process of purchasing a product at a discounted rate and selling it to a customer base at a higher price which has a strong demand for the product. The difference between the purchased price and selling price is the profit on the transaction. There are some similarities to affiliate marketing, but what is important to realize is there is no inventory when it comes to arbitrage.
The masters of Amazon Arbitrage, Luke Sample and Jon Shugart, take you through the process with step-by-step training of selling books on Amazon and other book sites.
This software has been compared to "The Kelley Blue Book" of the used book market and something you need to check out if you've been thinking of getting into it.
You can get daily pricing updates on 10 Million+ book titles.
Get Live Help Training straight from the founders of the program every Tuesday and Thursday.
Get fast help with rapid support time and come to their annual event held in Nashville, Tennessee.
You can visit the BookTrades web site.
Amazon does allow arbitrage, in fact, they welcome it. They have a policy which is essentially you can sell anything you want (within reason) on Amazon.
For example, you want to avoid products that are only allowed to be sold through authorized resellers, and avoiding selling counterfeit products for obvious reasons.
The term "arbitrage" has been around for a long time and is usually associated with the financial markets.
A simple example of "retail arbitrage" is you purchase a product through a major retail story, such as Wal-Mart, Target, Wayfair, etc. and then you sell the same product online or locally at a higher price.
Often, the product never touches your hand and you simply have the product routed to the buyer from the retail chain.
With their system, training and TextBook Money Software, you can make money with arbitrage focusing on the profitable textbook market.