"There's a low barrier to entry," the 20-year-old told Business Insider of the main reason he started with retail arbitrage.
The trade-off is that retail arbitrage is a time-intensive strategy.
Like arbitrage, you're buying and reselling an existing product; but you're buying in bulk, meaning you're spending more money upfront on inventory.
Starting a private label brand is going to require the most upfront investment, both in terms of your time and money.
Comparatively, with retail arbitrage, "I'm handling everything," he said.
Persons:
—, Sahaj Dhingra, Dhingra, you've, He's
Organizations:
Service, Costco, Walmart, Amazon, Business, Virginia Commonwealth University, VCU