Ever wondered what my Amazon and Ebay warehouse looks like? Wonder no more… Come take a look around my *messy* storage unit:

Since filming this video, I have actually moved to another unit of similar size for a fraction of the cost. This business is certainly a numbers game and despite never wanting to move my stuff again, it made financial sense to move my stock to a cheaper unit round the corner.

Running Ebay & Amazon Business From Home vs Warehouse

A question that gets asked fairly regularly is wether it’s best to run your reselling business from home or from a seperate space. Honestly, it’s a personal preference. Some people manage to make it work having stock at home but as I’m naturally quite untidy, keeping my stock at the house would be a recipe for disaster.

I settled with a storage unit that was 2 minutes cycle from my house. I find this a much better way of running things as I can mostly forget about work once I’ve finished in the unit. I also find that I try and get my reselling work done quickly, as I don’t often want to spend too long in a room with no windows!

Stay tuned for more reselling updates…

Reselling is a great way of making quick & easy money online. The best thing about it in my opinion is that it’s really fun to do and you learn a hell of a lot about business along the way. You really never know what you’re going to come accross, what gems you’ll find hidden in a charity shop or what the next day will bring.

What Is Reselling?

Reselling is as simple as buying something for less than you sell it for. It’s one of the worlds oldest types of business and takes on many forms. For the sake of this guide, I’ll cover some basic reselling models that allow you to turn a profit with very little experience or funds.

A trolley full of Ebay orders, ready for the postman!

Most people use popular platforms such as Ebay and Amazon to sell their stock that is often sourced from supermarkets, charity shops, Facebook Marketplace and family/friends.

It doesn’t matter whether you’re selling second hand products or brand new, there’s profit to be made in either.

Online Arbitrage vs Retail Arbitrage vs Charity Shops Vs Other Sourcing Methods

There are a variety of ways to source your stock and these generally fall into 3 categories. I’ll explain them in brief below:

Online Arbitrage involves sourcing stock online, having it delivered to your door and selling it on platforms such as Ebay and Amazon. The main and obvious benefit of online arbitrage is that you can run the business for the most part, without leaving your home.

As this involves little physical effort, it can be difficult to find items online that you can sell elsewhere for a profit as so many people are doing the same thing. If a major retailer has an online sale for example, stock often sells out very quickly. Your best bet is to find relatively unknown online shops that aren’t closely monitored by the world and his dog.

I bought this off Facebook Marketplace for roughly half of what I sold it for on Ebay.

Retail Arbitrage is fairly similar to online arbitrage, although this involves physically visiting a shop to buy their reduced stock. After visiting a few shops on almost any high street, you’ll start to notice certain shops that reduce products down to extremely low levels just to clear the shelves.

Obviously this requires more effort than online arbitrage, but the margins can be much higher as you’re not having to pay for shipping and can sometimes negotiate further reductions in store if you are friendly enough with the staff.

Charity Shops are an incredibly fun way of sourcing stock for resale. By nature, you will mostly find second-hand items here but there can be some real gems amongst the tat. Unfortunately some charity shops have started to increase their prices to silly levels and many sell their good stock on ebay themselves, but there are still plenty around that offer great value products for reselling.

Besides the above, there are countless more options of sourcing reselling stock. Check your local Facebook Marketplace, visit car-boot sales, ask friends and family and even advertise in your local newspaper. Think outside the box and look where nobody else is looking to find the high-profit margin items!

What Products To Buy For Reselling

There’s no right or product to buy for reselling. So long as it turns a profit in a reasonable amount of time and is legal, you’re good to go.

It does help to know what you’re selling as it is easier to respond to customer questions and more importantly, you’ll be able to spot a bargain when you see one. For example, I’m a big fan of computer games. I know roughly what most games are worth without having to do any research. You’ll most likely have a category of products that you’re knowledgable about too, even if it’s not immediately obvious.

If you are unsure or just want to double check, there are ways of finding out what an item is likely to sell for. My favourite is checking sold listings on Ebay. This will tell you exactly how much an item has sold for and when. You can find this information by doing a regular search on Ebay for an item that you are looking to resell and selecting “show sold listings” in the filter section.

Still short on ideas? Here’s a list of a few things that I’ve sold in the past for profit:

• Computer games
• Stationary
• Mugs
• Childrens toys
• Blank media (DVD’s etc)
• Shampoo
• Pet products

Where To Sell Your Reselling Inventory

When you’re selling anything online, you’re always trying to strike a balance between finding a platform that is safe, full of trigger-happy shoppers and not too hard on fees.

Books and video games ready for Amazon FBA. I prefer to sell on FBA as it saves me needing to ship items individually.

With this in mind, I use a mixture of Ebay, Amazon FBA & FBM and Facebook Marketplace. All of these options are perfectly viable but each have their own ups and downs. For example, Facebook Marketplace has zero fees, but you are often let down by timewasters and if things go wrong, there’s nothing to fall back on. Ebay brings a nice balance of reasonable fees and reasonable sale security. Amazon has millions of customers who are generally happy to spend a little bit more than the other platforms (mostly Prime members), but their fees are considerably higher, especially if you’re going down the Fulfilled by Amazon (FBA) route.

Reselling Blogs & More Information

You can find more information about my adventures in reselling here. I’ll continue to add guides and resources for selling on platforms such as Ebay and Amazon as and when I get round to writing them! In the meantime, leave a comment below and let us know if you’ve had any success reselling before and what worked well for you.

So you want to make money with ecommerce but don’t know what avenue to go down…

Should you get into reselling on Amazon & Ebay? Should you go down the private label route and create your own brand for world domination? Or, should you sell other peoples products without ever touching the stock yourself (Dropshipping).

You’ll hear all of the above terms thrown around the web, with different gurus telling you which one is the next best thing. Unfortunately, they almost always have bad intentions or are teaching years-old tactics which brought them success a long time ago.

Let me tell you my honest opinion on all three options. Before I get started, I will say that ALL THREE options are completely viable and many people have made A LOT of money doing them. However, they really aren’t for everyone.

Making Money Reselling Products

Reselling is the most simple of them all. You buy products from supermarkets, off family and friends, car boot sales or literally anywhere and sell them on Amazon for a profit. With a little trial and error, you’ll soon find a category that works well for you and ideally one that you are interested in and perhaps know something about already. I chose books and electronics because I knew where to source them nice and cheap and sell for much larger amounts.

Amazon is a great marketplace for reselling products. Their “FBA” service removes a lot of the strain of managing stock.

Positive: Reselling is incredibly simple and often the quickest way of getting profit back into your bank. 

Negative: You can sometimes be left with stock that people just won’t buy. After a while, you’ll get better at picking fast-return stock, but this can take some time and mistakes will happen, markets will change. 

Creating Your Own Private Label Product

Private Label is where you create your own brand and sell the product online. This often involves getting in touch with a manufacturer in Asia and high minimum order quantities/larger initial investment. “Gurus” love to talk about this as the larger initial investment usually means people listening to them have more money to spend on their courses etc…

Private Label is what it says on the tin… Stick your label on a pre-made product and wahey.. You have your own brand!

Positive: It can be really rewarding to create your own brand and the sky is the limit with profit, if you get it right. 

Negative: It’s easy to burn a lot of money with private label. After spending a few thousand on a new brand with new products, you may struggle to sell them. 

Running A Dropshipping Business

Dropshipping is where you have an online store but don’t own any inventory yourself. When a customer orders a product, you generally buy it from somewhere much cheaper overseas and set the buyers address as the delivery address.

Positive: Great “laptop” business as there’s no need to manage stock in-house. 

Negative: Generally bad customer experience/lots of unhappy customers who wait 3 weeks for items to arrive from China! Also difficult to control quality of products/delivery. I haven’t done any dropshipping myself, but I’m pretty sure this would be against Amazon ToS in some way. 

Making Money With Ecommerce

So, which option is best? Personally, I choose reselling almost every time and would reccomend that to all newcommers. In my opinion, it has the lowest barrier to entry of all of them. However, it can be tough at times. Constantly being on the hunt for things to sell can get tiring if you haven’t set up a regular supply chain or stock.

What do you like the sound of? Leave a comment below..

I’ve got quite an interesting day today, so I thought I’d bring you along with me… I’m about to set off and go for about 45 minutes drive and collect between 400 to 500
books to sell on Amazon. Generally with these pickups, I don’t really know what I’m getting, but they do tend to make a healthy profit!

In this post, I’m going to review Caan Berry’s latest book, Betfair trading Made Simple.

It has caused quite a stir in the sports trading world as of late, with most traders jumping on the opportunity to buy a new piece of physical media in this mostly online world.

Having followed Caan for quite some time, I decided to give the new book a go. I’d already bought Caans video course a couple of years ago and learned a lot from it.

Who Is Caan Berry?

Caan Berry is a professional sports trader who focuses mostly on pre-race horse racing markets.

He is well known for his blog and YouTube channel where he shares thousands of sports trading tips, tricks and general info.

According to his blog, he began looking into sports trading whilst serving in the British Army. It seems as if the discipline he learned there transferred well into the sports trading markets!

Recently, Caan has appeared alongside other sports traders at the Matchbook Traders Conference and has also been featured in video publications and blog posts by Betfair Exchange themselves.

What Does Betfair Trading Made Simple Cover?

The book covers everything you need to know to get started trading on Betfair Exchange. Assuming you know absolutely nothing about sports trading, you’ll  be taken through every step of the path in a clear, easy to read format.

The book begins with a chapter on luck and how you should quite simply, forget it. Sports trading has nothing to do with luck and everything to do with patience and preparation. I think it’s important that this chapter is thoroughly understood before stepping foot in the markets. I’ve seen far too many amateur sports traders go broke or give up because they still believe luck is a factor in success.

Sports trading strategies are like gold dust for new traders and Caans book teaches you how to build your own profitable system from the ground up.

The book does mention quite a few sports but featured more often than not are Caans more favoured choices:

• Horse Racing
• Greyhounds
• Tennis
• Football

Further into Betfair Trading Made Simple, you’ll find a chapter on trading physcology. There are entire books devoted to this topic (TraderMind, Trading In The Zone, to name a couple), but Caan does a great job of summarising the basics in one single chapter. I’d strongly encourage any new trader to make a conscious effort to understand their own thought patterns when trading and reading more on this topic if possible.

Towards the end of the book, there is an entire chapter on long-term risk management. This is crucial for all traders to understand and I’m pleased to see a strong emphasis on it. There’s no point in making good money trading one week, only to blow it all the next!

How Does It Compare To The Video Course & Other Guides?

Caan has a number of ebooks and video courses available on his website. Many of them focus on particular sports such as the Tennis Trading Guide.

Besides the obvious difference that this is Caans first physical book whilst the others are digital products, this book acts as a great “all-rounder”. The video course for example, is more suited for traders who want to look over the shoulder of a trader in action, as that’s essentially what you get. Personally, I’d recommend them both but start with this book so you fully understand the basics needed to progress.

Bonus Material

Squeezed in at the end of the book is a little bit of bonus material. One of the more interesting sections being the “My Daily Routine” section, which I know for a fact most traders are dying to understand. People seem to be fascinated with professional traders routines and understandably so. Caan covers everything from his exercise habits to how he manages to fit in recording the hundreds of YouTube videos he has online.

There’s also a handy glossary and recommended reads & resources section.

Should I Get This Book?

If you want to learn all the basics needed to trade on Betfair Exchange AND get to know some real strategies that profitable traders (including Caan) use on a daily basis, this is a no-brainer.

Considering most new traders lose a fair chunk of money into the markets in their first few months (or years!), I’d strongly recommend they put a few quid aside and buy this book. Read it once, implement what you learned and read it again.

Betfair Trading Made Simple is currently just £7.64 on Amazon, which is an absolute steal.

I know for a fact that I burned through a few hundred £ in one week alone when I first started trading. I wish that I’d spent that cash on some helpful information such as this and took the time to understand what I was doing, instead of walking into the ring completely unprepared.

Profit Maximiser – My Story

As it is for many, Profit Maximiser was one of my first steps into the world of gambling.

I’d never really placed a bet before as I didn’t really care about sports. I was more of a computer gaming and esports kind of guy, mbut more on that in another post.

A few years back, I went on holiday with the extended family. I made a bet with my brother in-law that I’d make more money than him in the 10 day holiday via affiliate marketing, than he would with this new betting thing he was up to. It turns out, he was matched betting as he’d recently signed up with Profit Maximiser.

Truth be told, I couldn’t really give a shit about betting at the time. I was pretty confident that affiliate marketing would make me a millionaire before I was 25 (it didn’t) and thought I’d easily win the challenge.

Needless to say, I was down about £150 on advertising costs and my brother-in-law was up by about £200, all through Profit Maximiser.

I lost the “bet”.

Ever since then, I’ve become a gambling nut and had my head firmly in the world of betting whilst affiliate marketing took a back seat.

I’ve since earned tens of thousands of pounds from matched betting and plan to use what I learned through Profit Maximiser for as long as I possibly can.

What Is Profit Maximiser?

A screenshot of the Profit Maximiser homepage

Profit Maximiser Facebook Group / Forum

The Profit Maximiser forum is situated on Facebook, which is really handy for those that don’t like signing up to too many websites or don’t like having too many windows open.

Being able to simply join a private Facebook group and interact right there on the social networking site can give an efficiency boost for some people.

This Facebook group is where the real magic of Profit Maximiser happens.

We aren’t sure there’s a more tight-knit community of matched bettors and bonus hunters anywhere in the world.

Sharing knowledge and experience at every opportunity, it really is a case of ‘two minds are greater than one’ – except instead of two minds, it’s thousands.

This Facebook group has also been the home for the discovery of a number of casino loopholes that have made people thousands of pounds overnight.

Yet another ridiculous example of a big win on the slots using matched betting strategies from Profit Maximiser.

With matched betting loopholes, it’s essential they’re found, tested and hit as hard as possible before they’re discovered by the bookmaker or casino.

With Profit Maximiser alternatives, I’ve found it’s often a case of being a bit too late to the party to make the huge profits – although there are always exceptions of course. Most loopholes are shut down by the time word reaches other matched betting communities.

The Profit Maximiser Facebook group  is what really separates it from the competition and makes it the best matched betting community around. It’s great for casino offers and for regular sports matched betting offers too. There’s also plenty of talk around arbing and shop arbing (aka sharbing).

Sports Betting Offers

It’s not just casino offers that PM are great at, it’s sports offers too. In fact, that’s what most people start with as they are generally less risky.

Profit Maximiser explains exactly how to make money from the sports offers by using some of the included tools below:

Profit MaximiserOffer Calendar

As well as the Mike sending out regular emails about the best sports & casino offers not to be missed, there’s also a handy offers calendar included in the subscription.

This is great for double-checking to ensure you haven’t missed anything, or also if you prefer to keep your inbox a bit more streamlined.

The calendar is a God-send for staying organised when some days there can be so many offers you don’t know where to turn. Talking of being organised, you can also use the calendar to filter out offers with too high of a risk level for your comfort or even exclude all casino offers, for example.

Profit Maximiser Oddsmatcher

The Profit Maximiser oddsmatcher will help you to find close matches between a bookmaker’s odds and the odds that are currently available on a betting exchange like Betfair.

If you are new to matched betting, you may be wondering how people always know what to bet on…

It’s simple:

Most people DON’T know!

They simply read off a list and in this case, that list is the Profit Maximiser oddsmatcher.

Profit Maximiser post the offers, and the oddsmatcher finds us the best odds for the job.

Just follow the calculator that the site provides to input the correct back and lay stakes and find out what your profit will be before the event even takes place. The software will even link you straight to the correct sports event within the betting exchange, saving you valuable time.

The oddsmatcher can also be used as arbitrage software.

This means you can guarantee instant profits, without even needing a free bet to do so.

Private Site Access & Tutorials

When you’re a member of Profit Maximiser, you will be able to access the site that is full of handy tutorials.

This includes written guides and videos talking you through everything from bingo offers to risk-free sports bets.

When you’re new to matched betting reload offers, it can be tricky to pick things up at first.

However…

When you have handy resources like these tutorials available, it becomes extremely easy to start making money online at a quick rate with less stress.

They’re simple and to-the-point, meaning you can pick the process up in no time at all.

The guides are produced in written and video form, meaning you can follow the exact process to complete an offer in whichever format you prefer.

Email Support

If you ever need any help or guidance on any aspect of Profit Maximiser, Mike and his team are available by email practically 24/7.

Whilst almost everything can be found out via the forum or the website, some things such as billing information or general customer service may need private attention, and they’re really good at helping with this.

30 day money back guarantee when you purchase Profit Maximiser for £97+ VAT today

Is Profit Maximiser A Scam?

This question gets brought up time and time again and in all fairness, quite rightly so.

As it plays into the “make fast, easy money online” space, it looks too good to be true. Most things that have similar sales pitches usually are an outright scam.

Personally, I don’t think the fact that the homepage looks like a dated, long-form sales pitch helps too much. There’s also plenty of up-sells (add-ons) that you’ll be offered via email along the way.

However, I don’t think you can blame anyone for writing salesy emails to promote a product or service that has helped to make thousands of people free money!

Add-On Products

Profit Maximiser do have a range of add-on products but unfortunately these cost additional fees. I’ve personally not bought many of them (besides EV-Maximiser which was worth the money to me at the time)

• Profit Maximiser Matched Betting Software – this is an add-on product to PM, and includes a more advanced oddsmatcher, horse racing software, in-play odds software and dutching software.
• Bonus Bagging – think of this as a dummy’s guide to matched betting. It is for newbies to this money-making method and will take you through all of the sign-up offers.
• Accumulator Generator – this will generate you accumulators that are guaranteed to make a profit over a period of time.
• Each Way Sniper – this each-way horse racing software allows you to exploit ‘extra place’ horse races to hit potential huge wins for minimal risk.
• EV Maximiser – this casino offer software helps you to understand which offers are profitable and which are not. It will tell you how many times you will bust out and how much profit you should make on average.
• Betfair Renegade – this finds value bets at the exchange – odds that are overpriced. By betting on these you should get a long-term profit.
• Betfair Sniper – this horse racing software helps you to trade swings ‘before-the-off’ to lock-in profit and even hit potential huge wins if you underlay.
• Bookie Blowout – this is another horse racing tool which gives you tips the night before a race that can then be laid off before a race for profit.
• Betting Mastermind – This gives you access to every single product listed in this post.

Conclusion

Truth be told there is no absolute need to join Profit Maximiser. Matched betting isn’t a secret and there’s tons of free information online which will help you make a small fortune using these techniques.

From my own experience, Profit Maximiser has helped to increase my matched betting profit tenfold.

Why?

The community is second to none. There is no other place online or off-line where such a large number of people are actively reporting on matched betting offers.

These days, the best offers are only around for a short amount of time before the casinos and bookmakers close them down. This includes legitimate offers and loopholes.

Take the Sky Casino loophole a few years back for example. This only lasted one evening and enabled some members to make tens of thousands of pounds due to a glitch in the roulette promotion on Sky Casino. Without instant feedback from the Profit Maximiser community, myself and other matched bettors would not have known about this loophole.

By the time word got out to free matched betting communities, it was practically too late to take advantage of the offer.

Sign Up For Just £1 For First 14 Days

If you want to give Profit Maximiser a try but don’t quite believe the hype, I suggest you sign up for the £1 trial today.

You’ll get full access for just £1 for 14 days.

If you don’t like what you see (I seriously doubt you’ll be disappointed), you can cancel at any time.

If you take action and some good money in the first few days, just leave everything “as is” and you’ll be billed £96+VAT after 14 days to continue getting full access.

Click here to get Profit Maximiser for just £1 in your first 14 days. 

So you want to know how to start sports trading on Betfair Exchange, but don’t have a clue where to start?

No problem.

I’ll cover all the basics so you can get started on your sports trading journey. Not only that, but I’ll show you where to go when you need some more advanced training. After all, why would you not want to take your trading to the next level?!?

The homepage of Betfair Exchange in all its glory!

Warning: This is an extremely over-simplified guide, meant for absolute beginners. Yes, there are much better ways of doing things but everyone’s got to start somewhere, right?!

Sports Trading Basics

Before we get started, it’s important to know

Poker fascinates me.

I’m not particularly great at it, but I’ve spent quite a lot of time studying and playing it lately. Now, I’m well aware this is another shiny object but I’ve found it to be one of the most useful shiny objects I’ve come across.

Why?

Although there is an element of luck, to be a successful poker player requires heaps of self control. Just like trading. At a poker table, we can get a good idea of when someone is acting irrationally. Perhaps they are on “tilt” after losing a big pot to a Royal Flush against their Full House. Whatever the reason, people behave irrationally under stress and poker pro’s will take full advantage of that.

In sports trading markets, inexperienced traders behave in a similar, irrational manner. By cutting their losses too early, getting bullied out of good positions or falling trap to market manipulation. Whatever the reason, the psychological challenge is very similar to poker.

I’ve found that playing a games of poker has helped build my self control that was often lacking in the sports trading markets. Perhaps a small break from the sports trading markets has helped take things out of context?

Who knows.

I’ve never really focused on one particular thing throughout my life. When I’ve worked on projects in the past, I’ve always had my fingers in 12 other pies. Music, club nights, web development, trading, poker, writing, cycling, countless other distractions.

Without a doubt, that is a weakness of mine. But, I can’t help but think that experience in different fields has helped me get to this point in life and will help further down the road. However, it definitely comes with it’s disadvantages. Perhaps there is a perfect middle ground that I am still a few steps away from reaching!

Yesterday, I came across this post by a friend on Facebook.

Elon Musk if of course, the guy behind Tesla and countless other projects. The article in the post talks about how exposed to different industries he has been and the amount of books he reads. Maybe diversification isn’t such a bad thing after all? I have to be honest though, I do work a lot but I wouldn’t want to spend 90 hours a week at my desk forever and miss out on my children growing up.

On that note, I have heard successful traders mention that the books that have helped them the most aren’t always trading related.

So, this is a fairly open ended post and I’m interested to know what you think. What works for you? What is the perfect balance of focus and diversification in business/trading?  Is it personality dependent?

Is Caan Berry’s video pack worth the money?

October 2018 Updated: The course has now been reduced from £167 to £147 and improved with extra content!

I get asked this a lot. It’s actually one of the few sports trading courses that I bought when I started. At the time, it was a massive help. This is the video pack I’m talking about. If you’re not prepared to really put the effort in and study the lessons, don’t bother with it. I only write reviews about things that I’ve bought myself and that have been a genuine help throughout my trading journey.

I have no problems encouraging other traders to buy this as I’m sure they will learn a lot from it, so long as they study it carefully.

Here’s Caan explaining the course on YouTube

Of course, you don’t need to buy anything when learning how to trade but sometimes it can really help. It certainly helped me but ONLY because I studied the videos inside out and took action on all of the tips he gave.

A few weeks ago I decided to pop down to ICE 2017 at the Excel in London. In summary, it’s an international gaming conference. It was mainly packed with the latest slot machine technology. Rows upon rows of slot machines with integrated massage chairs and mini fridges etc.

It was great to get outside and actually talk to other people in the industry. Sometimes it can get quite lonely playing with spreadsheets by yourself! Peter Webb needs no introduction but incase you don’t know, he is the chap behind Bet Angel and has tonnes of great YouTube videos explaining various aspects of sports trading.

I’ve watched hours of his videos so I felt very fortunate to be able to ask him a few questions. Here’s part of our chat where he asks me a few questions about esports: