“Retail arbitrage” is how Juston and Kristen Herbert are saving $50,000 to adopt a child. They scour big box stores such as Target for clearance deals on products like water bottles, which they then buy for $5 and sell on Amazon for $19.95. Chris Green, a former sales representative for Bosch Power Tools, penned a book that teaches people to use Fulfilment By Amazon to make money through this type of gig.
Why does this matter to HR and organization leaders? Because, undoubtedly, folks like the Herberts are working regular jobs for companies like yours and retail arbitrage is their side hustle. But, some of them, like Green, left jobs at companies like yours to do this full-time.