Created by Oliver Goehler, Product Arbs is a website that highlights products that are for sale on Amazon cheaper than they are selling for on eBay.
What is the product?
Product Arbs works by essentially helping users find products with a disparity in price across two websites (in this case it is as mentioned above Amazon and eBay). Users list the product on eBay at an increased price and then when an item is sold, buy that product at the lower price and have it shipped to your eBay customer. This sounds much more complicated than it is and really is a variant of a traditional merchant role. In terms of what Product Arbs does, it is a website in which Oliver Goehler has compiled a series of over 1500 products that currently allow for his users to do this. On top of this the list is claimed to be constantly updated so you are in the best position to profit from this.
What is the investment vs. the rate of return?
Product Arbs sells for £29.97 per month or if you purchase a full annual subscription you will receive a 45% discount bringing the price down to £197. Oliver Goehler does provide a 60 day money back guarantee on Product Arbs as well. The return on investment is claimed to be up to £1000 per week but the method that Oliver Goehler uses to reach this amount is based on imagined figures. Realistically I wouldn’t expect this to make huge amounts of profit for reasons I shall outline below.
Does the product provide value for money?
I don’t believe that Product Arbs does provide value for money.
There are good and bad aspects to Product Arbs. Arguably the best part of this system is that you don’t need to spend any money to get a business like this up and running. The problems though hugely outweigh this in my opinion. The first issue is the amount of competition surrounding the more profitable products. After all, these are the ones that all Product Arbs will be trying to sell. The second is the nature of the products that you will be selling. I don’t belive that all 1632 products Oliver Goehler lists are viable sales options.
Lastly is the fact that online shoppers are generally a savvy bunch and I am not certain how many sales you will ultimately see as people do shop around. There is some potential in this but I don’t believe that this potential covers £30 per month.