Lesson 1
The first brand that I am going to share is BH Cosmetics. You can buy the product at their website. Their sale is about to end today at 12PT. I will give some example based on my research however, I do advice you do some research, which will improve your overall experience with arbitraging. ( learning how to fish is better than having someone giving you a fish and never tell you how or where it came from)
I recommend buying the "Take Me To Brazil Eyeshadow Palette" for $9.09, which you can then resale on amazon for $24 or 27 depending on which listing you will be selling under.
Here is the link to amazon, (ASIN: B00LYST1D4) http://amzn.to/2rAP3HG
Or (ASIN: B00EO1HS38) http://amzn.to/2rSAzm4
The listing for $24 is good if you want your return fast, however there is many seller under that listing, which may take time for it to sell, so the listing for $27 (ASIN: B00EO1HS38), only has 2 seller, which means you should be able to resale the item about the same speed as the (ASIN: B00LYST1D4) but at a higher price.
Based on the sale rank this item can be sold with in days, if not hours. However, the best way for you to do it is by FBA.
Another Important things you want to remember is not to get too greedy, you want to only use one email account in BH Cosmetics because they website can detect you for creating more than one account process easily, unless you have multiple shipping address and credit card. (Do not try to use paypal and then the same card on different bh account, it would likely not work and mess you up)
I have try many ways to get around it but, still have not find one yet.
Note: there are more items on the BH website that is for sale and have pretty good margin, you would have to take your time. Yet, their latest sale is about to end tonight, but they do offer new sale after every sale.
Another note is that they do not allow you to resale the item, which means you have to do this at your own risk. The most BH will do is cancel your order when they think you are trying to resale their item. (which they do not need to proof or give any reason.
If anyone has any questions, please feel free to ask.
Good Luck and have fun.