I’m 24 but I make 70k a MONTH by reselling coffee machines & laptops…now I drive a Mercedes & fly business, it’s great
A SAVVY 24-year-old has revealed how he makes £70k-a-month reselling household items, laptops and coffee machines.
Entrepreneurial Luke Williams, from Bristol, started selling old mobile phones on eBay while working on a building site - as his salary didn't cover his bills.
He branched out to source household items - like bleach, deodorant and washing up liquid - from wholesalers and sell them on Amazon at a higher price in June 2021.
The re-seller started making £1k-a-month from his side hustle but after his earnings increased to £30k-a-month in 18 months he quit his job as a builder in January 2022.
In his first 12 months, Luke raked in £180k profit and now earns £70k-a-month selling electronics like computers, laptops and TVs.
Luke's earnings mean he has been able to pay off his £17k Mercedes Benz, fly business class to Abu Dhabi and reinvest in his business.
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What I sell ranges from air fresheners, meat grinders, phones, kids' toys and changing mats.
Luke Williams
Thorntons chocolate is really popular at the minute.
"My business has changed a little bit," he says.
"I have moved onto electronics - TVs, laptops, coffee machines.
"I am selling those alongside my usual household items.
"You can shift less units and get more sales, instead of selling 1,000 deodorant sticks you can sell 100 coffee machines and get more money."
Luke graduated in June 2020 and started working on a building site.
But he quickly realised he wasn't earning enough money to pay for all his bills and started selling on eBay - making an extra £1k-a-month within three months.
"I just wasn't making enough money," he explains.
"I came across Amazon FBA - a program that lets you outsource order fulfillment to Amazon - and realised I could buy from wholesalers and sell on the app too.
"What I sell ranges from air fresheners, meat grinders, phones, kids' toys and changing mats.
"Thorntons chocolate is really popular at the minute."
In his first year of trading, Luke made £180k reselling household items like soap, deodorant and toothpaste.
"I started out by buying old phones from Facebook and reselling them on eBay," he says.
"I only wanted to make an extra £1k-a-month as it would help me with the extra payments I had.
How to find top bargain deals
FINDING deals and offers can be tricky if you don't know where to look.
Here's a list of hacks you can use to become a bargain hunting pro and save on your shopping bill:
Join Facebook groups - Extreme Couponing and Bargains UK, Latest Deals and Reduce Your Supermarket Spend are all Facebook groups helping you reduce your spending and find good deals.
Get following - Follow your favourite shops on Twitter, Facebook and Instagram and sign up to its newsletters to get the latest on any offers
Check hotukdeals - The deal-sharing website lists offers as they're spotted by savvy shoppers
Use barcode scanners - Retailers such as B&M let shoppers scan the barcodes on its app to see if it's actually cheaper than the price listed on the shelf
"I went to university, studied building and surveying and went to work on a building site. I did that for about a year.
"I started selling on Amazon in June 2021."
In November 2023, Luke started selling electronic items alongside his household items and has been making £70k-a-month since November 2023.
Luke's earnings means he has been able to pay off his £17k Mercedes Benz, fly business class to Abu Dhabi and reinvest in his business.
"The change in products have helped massively," he explains.
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"In sales I have turned £70k-a-month compared to what I was doing.
"I have been reinvesting everything into the business."
