In this article, I'm going to break the entire Zen Arbitrage system down into 7 simple steps.
I get it: You login to Zen Arbitrage for the first time, there's a bazillion options and 50+ videos and you're probably thinking, "Wow, this is overwhelming."
Good news: Zen Arbitrage is extremely simple. We aim to over-deliver with our technologies and training, but by the end of this article it will be clear how simple the process is.
The premise of Zen Arbitrage can be summed up in this one sentence
"Buying cheap books on Amazon and then reselling those books back on Amazon at a higher FBA price."
With that understanding, let's go through the seven steps to making money and let's get you moving really, really quickly.
Step #1: What do you need to get started?
An Amazon seller account with "Fulfillment by Amazon" enabled. That's it.
Most of the time, it takes less than 10 minutes to sign up. Sometimes (particularly if your'e overseas), they'll require you to submit a couple identity documents to get verified.
Resource: Getting Started With FBA guid e
Other things that are optional:
Step #2: Set the search options
You're looking for three things when you're doing a search, okay.
Simple as that.
Resource: How To Choose Good Books
Resource: How To Search
Step #2.5 Skip Searching & Buy Leads In Our Marketplace
If you want to skip searching completely, this option replaces Step #2. You can basically pay others to search for you in our ISBN Marketplace.
If you're not familiar with this already, check this resource:
Resource: Using the Marketplace (videos)
Step #3: Find The Cheapest Copy On The Internet
In the right-hand column is a link to Bookfinder, which scans over 40 other bookselling sites to find the cheapest copy anywhere on the internet. Amazon is usually the lowest price, but quite often this can save you significant money.
(Just beware of the dreaded "international edition").
Step #4 Run The Numbers
So you found a book. Step number four is to run the numbers.
Run the purchase price and the price you plan to sell the book for through our built-in profit calculator. We subtract all Amazon fees and give you your true net profit (minus the negligible cost to ship the book to Amazon).
Step #5: Buy the book.
This part is easy.
Buy the book and have it shipped either to you, or our prep service partner (optional, if you're in the US).
Resource: Using Our Prep Service Partner (optional)
Step #6: List It For Sale & Ship It To Amazon
Go through the (simple) steps to list and ship your book and get it live for sale on Amazon.
Once you do this the first time, it becomes second nature.
Resource: Getting Started With FBA
Resource: Pricing Strategy (videos)
Step #7: Maintain Your Prices & Wait For Sales
You bought your books, you realistically know what you're going to profit, you ship them in.
Your only job at this point is to maintain your prices. In other words, if someone under prices you, you may (or may not) choose to match them. If prices go up, you'll want to raise your prices. And then, simply wait for sales.
Resource: Repricing demo (video)
Resource: Maximizing Your Profits Post-Purchase
Bonus Option
List books that you don't buy for sale in the marketplace. This is an easy way to profit from searches you've already done anyway, by listing the ISBNs of books you don't buy in our Marketplace.
Going Deep
-Peter Valley