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booktrades.biz - does their system work?

Anything related to investing, including crypto

pgonzalez

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Watched a sales funnel video from booktrades.biz, and the breakdown of the system is as follows:

- Buy books from non-prime seller, ship them to Amazon's own warehouse (FBA), and then resell them as a prime seller
- Buy books and trade them in back to Amazon because in some cases the trade in price is higher, but you get paid in Amazon gift cards, which you can use in the above

What you get:

- Training materials: PDFs and videos
- Access to a members-only Facebook group
- A Chrome browser extension (login required) that scrapes Amazon APIs to spot the deals above

The fundamental idea seems to be quite simple, buy low, sell high, and here's the software that helps you automate many parts of that. However, I'm not sure what I'm missing here. Has anyone tried doing something similar to this before? Does this work?
 
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pgonzalez

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Ah, I'm so glad that I asked here first. A few red flags did crop up from how the sales funnel was run, but the fundamental idea seemed OK. I literally laughed out loud when he showed "Luke Lambo"'s face - it was literally the same guy doing the sales funnel in 2017, and now doing it again after they have rebranded!

Anyhow, I think I might give zen arbitrage a shot. What they offer appears to be exactly the same, minus the online community (the Facebook group). If people a keen we could start one right here in these forums.
 
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emis

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Don't do it! I watched their webinar with all of their "success stories" and did some research after. They scam artists.
 

pgonzalez

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Don't do it! I watched their webinar with all of their "success stories" and did some research after. They scam artists.

Thanks @emis - the video posted by @Garret S. was more than enough to put me off these guys, but it put me onto zen arbitrage. I'm reading through the materials on that site, and that seems legit, I might actually try out their system.
 

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