Economy

Why a 40-year-old quits to resell goods on Amazon

Jonathan Weiss / Shutterstock

Reselling products during the corona pandemic has become a trend, especially in the USA. Reselling means buying goods in order to resell them directly and unused at a profit.

“Arbitrage Ops” is an exclusive group of 500 resellers, some members of which have generated over 350,000 euros in sales since May. The group is organized through the Discord online portal. Membership in “Arbitrage Ops” costs around 40 euros per month, including a tutorial and recommendations for reselling on Amazon.

A 40-year-old reseller, who doesn’t want to be named, joined the group in July and declares: “I’ve always wanted to run my own business”. As a screenshot of his Amazon account shows, he has earned over 34,000 euros since July. “So far I’ve been doing well. It is still early, but I can definitely see the first successes. “

Start all over again

As for many new members of “Arbitrage Ops”, reselling was initially a new world for the trained insurance salesman.
“It opened my eyes,” he explains. “I had no idea what I was dealing with. I’ve only seen people who make a lot of money ”.
He was an insurance salesman for 18 years and after only four months in the reselling business made the decision to quit his old job and go full-time selling goods on Amazon.

“I asked myself: will I stay in a secure job with good pay in a great company? Or do I dare to go on a new adventure, something that really inspires me? ”Says the American reseller.
Now he works on his Amazon business from early in the morning until late at night. He mainly sells fitness accessories, toys and sports equipment – and is grateful for the advice and tips from the reseller group, which got him ready to go straight away.

Like the former insurance salesman, other members have quit their old jobs in order to focus entirely on reselling. “If you want to sell products on Amazon, you have to give yourself up to the matter. You have to run the business like a real company, ”advises the Amazon reseller.

This text was translated from English by Siw Inken Forke. You can find the original here.

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