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:

addison-lee listed on couponmatrix.ukbonusprint listed on couponmatrix.ukcd-keys listed on couponmatrix.ukearly-learning-centre listed on couponmatrix.ukindustville listed on couponmatrix.uklindt listed on couponmatrix.uk
addison-lee listed on couponmatrix.ukFor over 40 years, Addison Lee has provided the UK with award-winning business-class car services. With 10 million customers each year in London alone, Addison Lee’s premier private-hire taxi service delivers excellent comfort, class and value for money. Discover the difference for less with an Addison Lee promo code and arrive at your next destination in style. With 98% of bookings arriving on time, plus a no surge charges promise, your next Addison Lee trip will be one to remember.
bonusprint listed on couponmatrix.ukWe all have treasured moments and memories hidden away on our devices, yet it's so much better to print and exhibit your special moments to share with your family, friends and loved ones with Bonusprint. Bonusprint provide an accessible, professional printing service equally adept at producing stunning prints, photo albums and mementos to help preserve and share your special moments forever. So get using a Bonusprint discount code and save on showcasing some special memories today.
cd-keys listed on couponmatrix.ukCDKeys is your go-to for all things gaming. Specialising in digital codes for the hottest games and new releases, CDKeys.com has thousands of bestsellers in its catalogue, with instant delivery of CD keys for Steam, Xbox, Origin, PSN and more! Make the most of a CDKeys discount code to cut the cost of your next gaming haul - CDKeys sources games from all over the globe to ensure you’re getting the best price, every time!
early-learning-centre listed on couponmatrix.ukKeeping kids entertained can be a long and draining undertaking, which is why it's always helpful to have a few toys handy to keep your youngest stimulated and happy for longer. Early Learning Centre (ELC) addresses this need with an abundance and variety of toys for toddlers and babies alike. With an ELC discount code you could save substantially on both indoor and outdoor entertainment for the new members of your family.
industville listed on couponmatrix.ukBrighten your humble abode with the rustic, industrial lighting available at Industville. Bringing its own vintage charm to home lighting, with every design handcrafted here in the UK, you know you’re getting quality lighting for less with the latest Industville discount code. Whether it’s a grand chandelier for your dining room or a quaint set of fixtures for your garden path, trust Industville lighting to deliver the ideal illumination for your home.
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!