I made £800 in a hour from a mega Costco haul – I cleared the shelves and needed two trolleys to get it all out the door
A RESELLER has revealed how he “made £800 in an hour” after going to town on a special pallet at Costco.
Jack Bayliss of Aftermarket Arbitrage cleared the shelves of wearable blankets to flog on Amazon.
The reseller hiked the price by more than double – from £23 to £50.
With two of his business associates, they sifted through the stock and filled two trolleys with The Comfy Original Sherpa-Lined Wearable Blankets.
Taking to TikTok to share the process, he said: “We found these comfy blankets in Costco for £23 each.
“There were some variations we didn’t want.
“So we had to call for reinforcements to ensure that we got every last one.”
The resellers asked a Costco worker to move the pallet out of its wall-spot so they could sift through the blankets for the navy ones – which they knew would sell the best.
Bayliss continued: “We got 66 blankets in total and crammed them into two trolleys.”
Each blanket was later flogged on Amazon for a whopping £50 each.
That means they made £12.32 profit per blanket following shipping and Amazon fees.
The resellers were questioned on how they knew they could shift all 66 units.
They responded: “We analyse product sales data before purchasing.
“This variation sells almost 1300 times a month, when we got 66 they all sold in around three to five days.”
What’s more, the video was recorded just before Christmas, meaning there was a big winter demand surge for blankets at the time.
And while Bayliss claimed the process made him £800 in an hour, some viewers weren’t so sure.
One quizzed: “How did you buy, get home, put them on Amazon and sell 66 in one hour?”
Another penned: “You never made £800 in one hour.
“You had a potential to profit £800 from an hour of sourcing.
“66 units can take months to shift.”
The idea of quick cash clearly appealed to other viewers are some requested help in becoming Amazon resellers.
Bayliss runs Aftermarket Arbitrage to offer wannabe resellers advice on how to make money in his line of business.