With the convenience and simplicity of our smartphones and apps, you can easily and quickly retrieve information within seconds, even without searching or typing any words. With the access of your camera, you can find the same item on online e-commerce websites like target, amazon, eBay, BestBuy, Walmart, and the list goes on, by simply scanning the barcode on the item. It’ll pull up the item on your desired website and show you all the information, including the selling price.

Retail arbitrage is one of the many ways to make money through e-commerce. It might be the easiest and requires little to nothing to get started. You can walk into any discount shops like TJ Max, Marshalls, or Century 21, scan any item with a barcode and compare the price to your favorite websites like Target or Amazon. If there’s a significant margin, buy up all of its inventory (The more money you invest, the more money you’ll earn) and sell it on sites like eBay or Amazon. You will need to create a seller account on both platforms and will require some patience.

If you have a decent credit card like, for example, the Chase Freedom Unlimited card, you can charge all your purchases to the credit card and earn 1.5% cashback (you get paid to spend money). Yes, you still need to pay for the credit card bill, but you have a month to do so. That gives you 3-4 weeks to sell the goods and recoup the original investments. Worst comes to worst if the products don’t sell in time, and you think its a lousy investment, you can still return it (Most retailers offer 30 days or more return policy), the funds will be refunded back to your credit card.

For example: If I found this Braun thermometer for $19.99 in a local Marshalls, and Target is selling it for $42.99. I can list it on eBay at a slightly lower cost, $39.99 and that’s a $20 profit. If I were able to purchase five thermometers, that would be $100 profit. There are some fees to factor in but I will not get into that. Please watch the video I’ve included to show you how easy it is!