Smug reseller tells people to ‘stop being stupid' and quit 9-5s as he earns ‘full-time wage' flogging tat from Superdrug
MONEY MAKER Smug reseller tells people to 'stop being stupid' and quit 9-5s as he earns 'full-time wage' flogging tat from Superdrug
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A SMUG reseller has left people gobsmacked after boasting about making a 'full-time wage' through flogging tat from high-street stores.
The man, who earns a living buying and selling items from shops such as Superdrug, urged people to 'stop being stupid' and quit their 9 to 5 jobs to follow in his footsteps.
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A smug man has boasted about earning a "full-time wage" through reselling
Credit: TikTok / @resellrepublic_
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The content creator shared a step-by-step process of how he earns an income - but social media uses were not impressed
Credit: TikTok / @resellrepublic_
But people accused the self-proclaimed entrepreneur not only of 'ripping people off', but also described his way of earning as a 'waste of time.'
Posting on social media, the content creator who posts under the username 'Resell Republic', gave an insight into how he earns cash, leaving many totally stunned.
As he entered a Superdrug store, he said: 'Why on earth would you work 40 hours a week for somebody else's business, when you can make a full-time wage reselling retail products?'
He then advised: 'Stop being stupid, stop selling your life for a quick paycheck and watch this.'
The bargain hunter then shared how he earns money through retail arbitrage, which involves reselling products for profit.
The process, which is completely legal in the UK, involves reselling items through Amazon FBA - an online service sellers can use where Amazon takes care of the storing, packing and shipping of products.
The man headed straight to Superdrug's clearance section, where he emptied the shelves of Garnier Ambre Solaire SPF Sun Cream, which had been heavily discounted.
The reseller then confirmed: 'We've got this sun cream reduced to £7, so we give it a scam with BuyBotGo - we're gonna sell it on Amazon for £17.99 and that's gonna leave £4.22 profit per unit, which is over a 60% return on investment.'
As he headed to the till, he then added: 'So we've done the hard part, we've sourced the products, now we just need to purchase them - make sure you're using a rewards card to maximise your profits, and then we're gonna send them in the next box to the Amazon warehouse tonight.
'And then once that's done, I don't have to do anything else - once they sell, Amazon staff will send them out for me and I can focus on sourcing more and more products.'
I've made £18k on Vinted & a hack means I don't have to hunt for bits I've sold
Social media users react
The TikTok clip, which was posted under the username @resellrepublic_, has clearly left many open-mouthed, as it has quickly racked up 256,100 views.
It's also amassed 6,413 likes, 589 comments and 1,962 saves.
If it was that easy we would all be doing it
TikTok user
But social media users were stunned by the man's claims and flocked to the comments to criticise his side hustle.
One person said: 'Clearing out the shelves so normal people can't buy affordable things, great idea.'
What is retail arbitrage and how does it work?
Retail arbitrage just means reselling a product on for profit.
It is completely legal in the UK, as, once you own an item, you have the right to resell it.
Using an app called BuyBotGo, resellers scan items they find in the supermarket, and the app tells them how much the products are selling for on Amazon, and how many times they have been sold in the past month.
The reseller will make a profit on the items by reselling them using Amazon FBA.
Amazon FBA is a service that online sellers can use, where Amazon takes care of the storing, packing and shipping of your products.
So all the reseller has to do is send the products off to Amazon and wait for the money to roll in.
Another added: 'Basically ripping people off, nobody in their right mind would pay 18 quid for suncream!!!!!'
A third commented: 'Waste of time, too much effort.'
Meanwhile, someone else wrote: 'If it was that easy we would all be doing it.'
At the same time, one user penned: 'Now wait three years for them to sell.'
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