I take advantage of arbitrage opportunities all the time. If you know the right places to search for items you can purchase at a reasonable price, and sell them for a reasonable profit, then it really isn't that hard. You just need to be consistent, and regularly do research as for the best places to search for arbitrage opportunities.
SlickDeals.net
I personally like to check out Slickdeals.net and hang out in their Hot Deals Forum. That's where all the hot deals are posted by a community of like-minded deal seekers. Others vote on the deals by giving the topic a thumbs up or thumbs down. I scan the topics with the most thumbs up, and read them first. However, don't discount the items without any "thumbs" because they can just be topics of not much interest to the majority of people, or they're newly posted.
Once, I found a deal for Tony Hawk helmet cameras. Very cool, little cameras that fit on a sports helmet. Great for skateboarders, bike riders, skiiers, etc. Someone on Slickdeals found them at an online store for $19.99. Well, sellers on Amazon were selling them anywhere from $60-$80. I purchased as many as I could from this online source, and even purchased them at $29.99 at another online source and turned around and sold them on Amazon. I made almost $3,000 from this one product in just two weeks (I have to add that it was the Holiday season so obviously that helped).
Sadly, the days where money could be made from selling Tony Hawk helmet cameras are over. If you look on Amazon now for the Digital Blue Tony Hawk Helmetcam,
Here Is Amazon's Deal Of The Day
DealCatcher
I also subscribe to Deal Alerts from DealCatcher.com. You enter keywords of either products or stores with deals or sales in which to be alerted. You will receive an email that informs you of these deals.
I received a DealAlert the other day from DealCatcher that let me know about a deal from Buy.com since that's one of my keywords. Buy.com had a digital photo converter from Hammacher Schlemmer for $50. They retail for $200. I did a quick search on eBay to see the average price for which they were selling, and an advanced search informed me that I could sell them and make a profit. I bought four. I sold all four with a reasonable profit. Better yet, the auctions attracted decent traffic so everyone that looked at my auctions, also got to see a link from my auction to my About Me Page on eBay where I advertise MyMochaMoney blog, plus other links to articles and posts I've written.
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