Entrepreneur earns ?500k a Year reselling Poundland Items

“So people buy those items online.” An entrepreneur has created a GBP500,000-a-year business by spending hours in shops like Poundland looking for bargains and selling his purchases at a higher price. Zain Shah, originally from Pakistan, also searches for bargains in Argos and charity shops after discovering he could resell many items at a higher price.

He first spotted a gap in the market after a customer asked for a specific set of earphones with a particular zip. Instead of buying one pair, Zain decided to buy 20. He quickly realised he could make a five-fold profit on them by advertising them for GBP9.99 rather than the GBP2 he paid for them.

Things snowballed and suddenly he found himself grabbing more deals and flipping them for larger profits. Eventually, Zain generated enough revenue to kickstart his own business and in 2022, he made a handsome profit, earning GBP500,000. This is in comparison to a decade ago when Zain was earning GBP7 an hour at a telecom company.

He says you cannot achieve anything without throwing caution to the wind. Zain said: “People might wonder why those people can’t go straight to Poundland.

Related Reads

“If somebody is living in a countryside, they don’t have Poundland close to them. So people buy those items online.

“The rule of business is if you’re not willing to take a risk you will always be working for someone who is willing to take a risk.” In addition to his business, Zain has launched a YouTube channel to allow people to take helpful hints from his success. In 2022, he revealed how one eBay user made GBP513 in the space of just seven days by reselling hanging baskets from Poundland.

Zain explained:

“That person has sold 86 of them within one week, he managed to make GBP513.42 profit, which is a very, very decent profit.”

The hanging baskets sell for GBP1 each in stores but the seller has been selling them online in packs of two for GBP13.10. In total, the seller has sold 86 units. Zain explains that selling the baskets in packs of two is a good idea as the postage costs remain similar but you can charge a higher price.

He then used a free eBay/Paypal online calculator to work out what the seller would have made in profit after shipping costs and eBay fees.

Dhiren is a journalism graduate with a passion for gaming, watching films and sports.

He also enjoys cooking from time to time.

His motto is to “Live life one day at a time.”

Tags:

currys-pc-world-mobile listed on couponmatrix.ukhawkers listed on couponmatrix.uklindt listed on couponmatrix.ukmicralite listed on couponmatrix.ukonbuy listed on couponmatrix.ukties-planet listed on couponmatrix.uk
currys-pc-world-mobile listed on couponmatrix.ukHead to Currys for the latest and greatest smartphone technology. If you’re after new tech on a budget, you’ve come to the right place—Currys offers loads of bundle deals, discount codes and seasonal sales to bring down the cost of phones from Samsung, Apple, Nokia and more! It’s super easy to get started: just choose your phone, select a plan that suits you and add any add-ons you’d like.
hawkers listed on couponmatrix.ukChoose Hawkers for stylish sunnies that don't cost the earth. You'll find slick frames from up and coming designers shaking up the market - and with a Hawkers discount code from us, your next pair could cost even less! Sick of paying an arm and a leg for good quality sunglasses, the Hawkers crew have sought to bring together top designs at affordable prices - the future's bright with these cutting edge styles.
lindt listed on couponmatrix.ukSwiss chocolatier Lindt knows a thing or two about the nation’s favourite confectionery. From the melt-in-your-mouth LINDOR truffles to Lindt’s vegan chocolate range and the Lindt gold teddy at Christmas, Lindt’s always been a true chocolate pioneer. Order your sweet treats from the Lindt website to make the most of the multi-buy offers on truffle boxes, discounts on last season’s chocolate and a Lindt discount code from Groupon. Whether you’re celebrating Easter, Valentine’s Day or just your average Friday, sink your teeth into Lindt chocolate and you’ll never look back!
micralite listed on couponmatrix.ukMicralite creates award-winning travel buggies, cots and car seats, so travelling with your little one feels as smooth as can be. Crafted by engineers and parents, most Micralite buggies and prams are designed for babies from birth up to around three years old, so a Micralite travel system should take them up to their first steps and beyond! Life is expensive enough for new parents, so we’ve scooped up the latest Microlite discount codes and offers to help you save money on the essentials. Grab an offer from us and pick up a pram knowing you’re also covered by the Micralite three-year warranty.
onbuy listed on couponmatrix.ukOnBuy is an online marketplace that is truly epic. Make this your new favourite place to shop for consoles, outdoor furniture and beauty products to get the best possible prices. Hosting sellers that include household names and independent businesses, OnBuy's unique stock encompasses everything you could want from an online store. Add an OnBuy discount code at the checkout and you'll make an even bigger saving on your next purchase.
ties-planet listed on couponmatrix.ukFrom traditional to modern, there’s a tie for every occasion at Ties Planet, including fun novelty ties to spark conversations, business-approved ties for the office and bow ties for a quirky twist! Pair your new tie with one of our Ties Planet discount codes and you’ll walk away with a new look that costs less than you thought. Ties Planet has a great clearance section with over 50% off luxury and cotton ties, and you can get free delivery when you spend £10 or more. Keep checking back here for more great Ties Planet deals. Whether you need a tie for a special occasion or just want to add to your collection, we’ve curated a list of the best Ties Planet promotions so you can save money on this essential accessory. Check out the free tie swatches available to find the perfect match for a big event, and explore the Ties Planet sale for extra discounts. The most important part is to check Groupon first for the latest and greatest Ties Planet offers! While everyone knows this brand for ties, we’d like to bring some attention to Ties Planet socks. Ever fretted over matching your tie to your socks? Fret no more! You can find the sock equivalent of your Ties Planet tie in the exact same colour and pattern. Get more of the accessories you love without overspending with a Ties Planet promo code from Groupon, and you could find yourself the proud owner of the dream tie and socks combo.