Some of this data is also available to big brands or vendors selling on Amazon’s platform through a program called Amazon Retail Analytics Premium. But it is expensive, with vendors paying 1 percent of their wholesale cost of goods sold to Amazon or a minimum of $100,000 to get access to a database that lets them see some, but not all, of the data Amazon has compiled.
I started selling furniture on Craigslist 18 months ago. While searching for pieces I actually needed, I began to notice, “Hey, the desk this guy is asking $50 for would totally sell for $150.” Being freshly unemployed, I slid into the furniture flip game, and now I buy lamps off of Amazon and resell them on Craigslist for twice (sometimes five times) as much. Last month, lamps paid my rent. 2018 has become the year of my Lamp Baronry.