Arbitrage.io | Getting Started

This brief presentation goes through how www.Arbitrage.io works and some of the tools merchants can use to get the most out of the discovery.

Transcript

1. Arbitrage.io Getting Started
2. Arbitrage.io • Introduction • Examples • Key Features OUR CREDO We believe in fair prices for merchants and consumers.
3. Definition of Arbitrage "The simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices." ~ Arbitrage (Wikipedia)
4. It's simple, buy it cheap in one market and sell it for more in another. VideoSecu TV Mount 55-inch Sells for $33 (with free shipping) VideoSecu Mount 55-inch Sells for $57 (with free shipping) Example
5. The differences are enormous and across all the product categories on Amazon & eBay. We have indexed 1.7 million products between eBay and Amazon. We serve up the top 150,000 products based on their sale rate and review count. And guess what? Introduction
6. There is a constantly fluctuating difference of $18 million dollars between the markets. Introduction
7. That means that including fees, if you listed the right products, you could buy products cheap in one market and sell it in the other for profit. Introduction BUY SELL
8. Problem How do you know what and when to sell across millions of products?
9. Example (Step 1/3) Search for "kitchen stoves" on Arbitrage.io Don't worry about the numbers! We will get into those later.
10. Example (Step 2/3) Click on the first result, "Coleman heater stove".
11. Example (Step 3/3) Whoah! Now subtracting about $2 for fees, this means you could list the product on eBay and prime ship the winner directly from Amazon without ever owning the product. You just made $7 for being smart without ever doing anything.
12. Key Features Graphs Products Summaries Rank
13. Key Features Graphs The graph gives you a birds eye view of the results from your search. It lines up all the returned prices and shows the discrepancy from each. This particular query is for "cases" and shows eBay (Blue) as the market that gets the highest (relatively) prices for cases, which means you will buy from the other two (Amazon and *China) and sell on eBay.
14. Key Features Rank Every time you search a master rank is assigned for your overall potential for arbitrage with this category. The lower the rank, the worse the category is for arbitrage. The mighty thumb is backed by a set of algorithms based on forecasts across all queries and the data set at large. Trust the thumb. "Unlikely to have arbitrage here Marcus" ~ Gladiator, 2000, Dir. Ridley Scott
15. Key Features Rank Products Search results return wi product "cards" which have fast calculations to speed things up. Click the star to generate a unique URL for the product. Click the magnifying glass to search for related products. Clicking the product image brings up the math behind this result including, the closeness and global rank of the product. INCLUDING FEES, the estimated profit of selling this product.
16. Key Features Rank Summaries Shows at the top of each search offering the raw comparison of the total value of all products in Amazon and on eBay. The "gap" represents the total estimated earnings if you sold each of the products in the right market just once. "The higher the percent the more likely you will find great profits selling between the markets"
17. Features China BETA Because we are translating these products then algorithmically matching them, we are still working to improve the accuracy. The point is, you can take a look at what the bulk prices are for products direct from China. Adding China is very important to you, we are just not sure why yet.
18. Disclaimer This is for informational entertainment purposes only, we do not condone or support any merchant or product data, the purchasing decisions, or forecasts offered. "Don't be stupid, expect to lose everything, this is for fun." ~ A wise primate.
19. White Paper We will be posting a paper in depth on some of the scoring procedures and tools we use to build this data on http://thnkr.quora.com. This will explain the "numbers" part of what we are doing.
20. The End Go make a few searches! http://arbitrage.io/search/case http://arbitrage.io/search/videosecu http://arbitrage.io/search/pots We post the hottest things we find on our Facebook page! http://facebook.com/arbitrageio Happy to answer any questions pmcconlogue[at]gmail.com