Kid Makes $200,000 Per Month Selling Things He Buys At Walmart On Amazon

Source –  It seems too easy to be true that you could make millions by raiding the clearance aisle at your local Walmart or Target and then selling your haul on Amazon. But that’s exactly what 28-year-old Ryan Grant is doing.

Only four years after quitting his accounting job in Minneapolis, Minn., to flip purchases full-time, his business is making well into the six figures in profits per year.

As a student at Winona State University, he organized textbook buyback events on campus twice a year. He listed the books on Amazon and shipped them out to customers around the country for a profit of up to $10,000 a year. The process worked simply enough: Using the Amazon Seller app he could see exactly how much he could expect to profit on each book and in what time frame. 

“I was putting in about 10 hours per week and I was making in the ballpark of $1,000 per month,” he recalls. “I was confident that if I had full-time hours to dedicate to selling online that I would be able to more or less scale that up.” Just three months later, in December, he notched $9,000 in profit on over $25,000 in total sales.

Eventually it got easier to target the items that had the biggest opportunity for arbitrage. Seasonality, they realized, was a key factor. They could, for example, buy up discounted candy after Halloween and half-priced Christmas decorations around the New Year.

“I went from just me in this business doing around three-to-five thousand dollars in sales per month and now, four years later, we’re a team of 11 and we’re doing well over $200,000 in sales per month,” Grant says. The team had to move to a warehouse that’s over five times as large as their first this past July.

Since he started selling on Amazon, Grant says the business is on track to top $8 million in total sales by the end of this year. Profits are heavily reinvested back into the company, though Grant was still able to take a salary of around $150,000 when he was working for the venture full time.

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Jesus fucking Christ. $200,000 per month? Shoot me in the face. Don’t get me wrong I’m  happy for the kid but whenever stories like these come up it makes me question every life decision I’ve ever made. Like, what was I doing in college that prevented me from coming up with this? I’d buy a textbook, not open it, then return it for half the price four months later. Ryan Grant was taking those textbooks and turning a thousand-dollar profit monthly. Which for a college student is a small fortune. I was going to write about how fascinating a story it is but it’s really not. He bought low and sold high. Once the book hustle ran its course he started taking the junk from checkout aisles at various stores and selling it online for a profit. Take seasonal items for example. While most people look at Halloween discounts like this.

Ryan Grant saw it as a way to make easy money. He did the same thing with the crap from Toys ‘R Us, Target, and Walmart. It makes me gag thinking how much money I could’ve made off the discount aisle. I was actually able to pull footage of myself the moment I finished reading the article.

There couldn’t be a better example of why online retailers are blowing brick and mortar stores out of the water. It’s way easier to make money online online. If Walmart was smart they’d start using Amazon too. Ryan’s on target to make eight-million dollars this year and he’s twenty-eight years old. Let that sink in. Puke city.