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:

big-green-smile listed on couponmatrix.ukflexicover-insurance listed on couponmatrix.uklacoste listed on couponmatrix.ukskiset listed on couponmatrix.ukuk-bathrooms listed on couponmatrix.uktessuti listed on couponmatrix.uk
big-green-smile listed on couponmatrix.ukWelcome to Big Green Smile, the home of eco-friendly and sustainable cleaning and beauty products! We believe in taking care of the planet while still looking and feeling our best, which is why we only use ingredients that are good for you AND the environment. Plus, we're super affordable - just enter the Big Green Smile discount code at checkout to save even more on your order! Thank you for shopping with us and supporting our mission! At Groupon, we understand that everyone loves a good deal. That's why we work hard to find the best discount codes for your favorite brands, including Big Green Smile. Whether you're looking for a percentage off your total purchase, free shipping, or a generous gift with purchase, we'll do our best to help you save money on the products you love. Be sure to check back often, as we are constantly updating our offers! One of our most popular products is the Natural Lip Balm, which uses only organic ingredients to soothe and protect your lips no matter the weather. It comes in a variety of delicious flavours, from strawberry to chocolate, there’s a flavour to suit everyone’s tastes! With being affordable and good for the planet, what are you waiting for? Try Big Green Smile today, and don’t forget to save money on your purchase with a Big Green Smile promo code too!
flexicover-insurance listed on couponmatrix.ukFlexicover are the UK's Number One direct travel insurance retailer, making them the first name that comes to mind for millions of satisfied customers. Whether you're travelling for business or pleasure they have access to the best deals on the market with minimal overheads and economies of scale that combine to give you enormous savings. Use the Flexicover Discount Code and you're guaranteed to benefit from complete peace of mind at an exceptional price, freeing up cash to spend on gourmet restaurants, spa experiences and other travel luxuries you'd never normally be able to afford.
lacoste listed on couponmatrix.ukEveryone knows Lacoste for their famous crocodile logo polo shirts, but there's much more to the company than that. Started in 1933 by French tennis legend Rene Lacoste, known as “The Alligator” for his tenacious style of play, they pioneered what is now known as the preppy look, offering high end clothes for the tennis court, golf course and for wearing out too. So, channel your inner preppy and check out the range of timeless, elegant fashion and with the Lacoste promo code you’ll be able to pick classic French style for the best price.
skiset listed on couponmatrix.ukTake to the slopes with the UK’s number 1 ski rental and resort hire. If you want to try something new, or you’re already a passionate skier, Skiset is the ultimate supplier for your mountainous adventure. With shops at resorts across Europe and beyond, Skiset provide cutting edge ski and snowboard hire from the top brands, and all at an affordable price. With the Skiset discount code you can enjoy the thrill of skiing for less. With shops in over 400 resorts, Skiset are industry leaders in bringing the joys of skiing to everyone far and wide.
uk-bathrooms listed on couponmatrix.ukWhether you like to shower or bathe, we all have a way to enjoy UK Bathrooms. As one of the UK’s leading suppliers, UK Bathrooms is home to every bathtub and shower enclosure imaginable for all to buy at affordable price. With the latest UK Bathrooms discount code you could bag a bargain on your dream bathrooms, with everything from the first towel hook to the last tap accounted for.
tessuti listed on couponmatrix.ukFor unbeatable style and seasonal wear, there’s no better place to shop than Tessuti. Stocking more than 100 men and women’s brands from respected designers including Calvin Klein, Fred Perry, Michael Kors and more, you’re sure to be grateful for a Tessuti discount code to help keep the costs low on that next spending spree. Find accessories, shoes and plenty more to add more luxury to your look and put the premium back into your apparel.