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A comment on 28-year-old makes millions buying from Walmart, selling on Amazon. Parent comment

Re:28-year-old makes millions buying from Walmart, selling o... by rgbrenner on Sunday November 05, 2017 @03:18PM (#15631343)
Or they just dont care. Walmart sets a price to move X amount of merchandise. This guy sells to a small fraction in comparison. Lets say 1% (as an example).

If Walmart increases the price, they could easily lose more than 1% of their other customers by attempting to capture this guys profits.

[ Parent | on HN ]
Re:28-year-old makes millions buying from Walmart, selling o... by refurb on Sunday November 05, 2017 @04:17PM (#15631625)
The margins can be big! I've compared Walmart or Target products on Amazon vs. in the store. Sometimes they are 200% higher, however it tends to be on low priced products.

A bottle of vitamins on Amazon might be $9, but you can order them right now and get them delivered to your door. In the store it's $5. A LOT of people are willing to buy from Amazon evening knowing it's more.

[ Parent | on HN ]