Part 2/9:
The idea was simple yet ambitious: to generate significant business expenses through a product-based venture to rack up travel points. After diving into countless videos and discussions on YouTube, they learned about various Amazon FBA strategies, including online arbitrage, retail arbitrage, wholesale, brand direct, and private label. Online arbitrage involves buying discounted products from online retailers and reselling them on Amazon. Retail arbitrage follows a similar principle, but purchases are made in physical stores. Wholesale requires bulk purchasing from suppliers, while private label entails selling custom-branded products.