#21 Is buying low and selling high online immoral?
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Description
Is the act of buying widgets for $10 and selling them for $80 a MORAL and valuable service or not? It\'s certainly one of the lowest hanging fruit business models of our time and many people in our community are succeeding wildly with this model, but is "buying low and selling high online" a VIRTUOUS business model or is it "price gouging"? Let\'s talk about it! (for details on this biz model see episode #6)
Is this the end of retail arbitrage?
Amazon is shutting down RA & OA! Is it panic time?
Come discuss this episode with Jim and SSMR community on FB here
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