Sounds like a scam doesn’t it? You have all the right to be skeptical. I would if I was also in your shoes! But just hear me out real quick on this one.
Here’s how to do it:
1 – Find trending services that are bestsellers
2- Hire someone else to do it for you at a low cost (outsource)
3 – Pay $5 and sell it at $20! The difference is your net profit.
Basically you are the middle man. You find what’s hot then you also find someone who can do it really good at a very low price then you charge higher per customer and pocket the difference!
Making your Offer HARD TO RESIST
This strategy can be really effective but you still need to put in the work. You need to make your offer attractive to potential customers. You don’t have to spend much though. Just have a simple website/landing page or a place where people can get a hold of you and see what you have to offer. Simply outline your service and the time it would take you to complete it and BOOM your in business!
You can start with FIVERR where the usual rate is $5 (obviously). Don’t just pick any service provider. Look at the reviews and how well they respond to their clients. Go for the ones with a proven track record. The ones with 95% rating are ideal especially if they have repeat customers. Also, don’t forget to email or contact them first before ordering to make sure they are really responsive and still active.
Things you can do arbitrage on are SEO, Backlinking, Programming, Video, Design, Social Media, and more!
So how will you get paid? Simply use PAYPAL, Payoneer, or Stripe. All you need is a payment link and a simple thank you page and your good to go.
Make sure to create an email list and record the details of your customers so you can remind them again for repeat orders. I‘s cheaper to retain a customer than acquire a new one.
You don’t need to be an expert. Hire an expert and mark it up a little and you have a living!