In 2013, a ground-breaking training program was released called Arbitrage Underdog. It let enterprising marketers become “middlemen” helping people on Craig’s List that were looking for help with a computer, online or other tech problem (and a number of non-tech problems, too) solve their problems, and earn a nice fee in the process. The core of the process was arbitrage; finding a low-cost solution for the problem that was nagging the Craig’s List seeker so much that they were willing to pay a high price to solve it. The low-cost solution was found on Fiverr. The potential... [...]

Arbitrage is a technique often used in many busy marketplaces. The stock market and commodities market, for example, are filled with people (referred to as arbitrageurs) who practice arbitrage as a way of earning a living. In arbitrage, you seek a commodity or service that is in high demand in one marketplace but is available for a lower price in a different marketplace. You acquire the item cheaply where you can and immediately sell it for a higher price in the more competitive marketplace. In fact, if you are sure of your supply for the commodity, you can take the chance of selling the product... [...]