All articles tagged with #reselling
Jocelyn Elizabeth turned a thrift store flip into a seven-figure business with her YouTube channel and online marketplace, demonstrating that with effort and smart planning, anyone can succeed in entrepreneurship, though understanding the financial risks and starting small are crucial. The article highlights the rise of small business ventures and the importance of realistic expectations and preparation.
Starbucks' limited-edition $29.95 Bearista Cold Cup sold out within hours, leading to chaos in stores and high resale prices up to $50,000 online. The company apologized for the unexpected popularity, highlighting consumer desire for unique, status-symbol items even during economic challenges, driven by the psychology of small treats and exclusivity.
Walmart is implementing a five-box purchase limit on Pokémon cards across its stores after a viral TikTok video showed a scalper buying thousands of packs, aiming to curb reselling and improve access for genuine fans.
OpenAI's new Sora app, a TikTok-like AI video and audio platform, is so popular that demand for invite codes has led to reselling on eBay, with over 20 sales ranging from $10.99 to $45, despite restrictions against selling codes and OpenAI's terms of use.
Scalpers are reselling exclusive Pokémon World Championships merchandise online, despite rules limiting purchases, causing frustration among fans and collectors. This issue mirrors recent problems with scalping in other Pokémon-related promotions, such as McDonald's Japan's TCG Happy Meals.
Trader Joe's $2.99 mini canvas totes have gone viral on social media, leading to high demand and reselling for hundreds of dollars on platforms like eBay and Facebook Marketplace. The grocery chain has acknowledged the unexpected popularity of the totes and plans to restock them in late summer, while emphasizing that they do not condone the reselling of their products. This phenomenon reflects the impact of exclusivity and limited supply on consumer behavior, similar to other viral products like Stanley cups.
Trader Joe's mini canvas tote bags, originally priced at $2.99, have become a viral sensation, with resellers listing them on eBay for exorbitant prices up to $1,000. The limited-edition totes, which sparked chaos and frenzy among shoppers, have unexpectedly turned into a status symbol and a subject of fear of missing out. Despite disapproval from Trader Joe's, the bags have sold out quickly, prompting the company to announce that more will be available in late summer.
Trader Joe's canvas mini tote bags, originally priced at $2.99, are being resold online for up to $500 due to social media hype, prompting long lines and frenzied buying at stores. Trader Joe's has expressed disapproval of the reselling and plans to restock the bags in late summer. The bags, available in four colors, have sparked a viral craze, with some customers expressing embarrassment over the frenzy while others admit to joining in despite the high demand.
Trader Joe's mini canvas tote bags, priced at $2.99, have sparked a frenzy among shoppers, reminiscent of the Stanley cup release at Target earlier this year. A viral TikTok video shows a crowd rushing to grab the limited-time totes, leading to resales on eBay for as much as $500. The bags, almost identical to the original canvas totes, have the same handles and colors but are smaller in size. Trader Joe's has imposed a limit of five bags per person, and the company advises customers to contact the store for current availability due to fluctuating market prices.
Poshmark has suspended the account of a Michigan woman, Brandalene “Brandy” Horn, who allegedly stole and resold over $823,000 worth of designer clothing on the platform. Horn, 42, reportedly made more than $750,000 in profit from the scheme, bragging about her earnings in a private Poshmark sellers Facebook group. She faces charges of mail fraud, wire fraud, and interstate transportation of stolen property, potentially leading to 50 years in prison if convicted. Horn allegedly resold stolen items from rental companies and created multiple accounts to avoid returning the items, with investigators discovering her alleged scheme after placing orders and finding residue on the clothing tags.
Brandalene "Brandy" Horn, 42, was arrested for allegedly stealing over $800,000 worth of designer clothing from luxury rental sites and reselling them for a profit of more than $750,000. She faces federal charges including mail fraud, wire fraud, and interstate transportation of stolen property, with a potential prison sentence of 50 years if convicted. Horn is accused of creating multiple online accounts to obtain items from rental sites, removing tracking tags, and selling the stolen goods on an e-commerce marketplace.
Resellers are listing the Apple Vision Pro headset at highly inflated prices outside the US, with some listings more than double the official price of $3,500. The device has hit stores in the US, but Apple has not announced a launch date for other markets. Analysts suggest that the delayed international release is due to limited initial sales, regulatory compliance, and potential trademark issues in China. Despite the high prices, Apple has already sold around 200,000 headsets since preorders opened in mid-January.
A TikTok video by a thrifter and reseller claiming that certain rare VHS tapes could help pay off student loans has gone viral. The video highlights tapes like Pixar's "Cars" and "Star Wars" that have reportedly sold for thousands of dollars on eBay. However, some TikTok users are skeptical of these listings, suggesting that shill bidding may be inflating the prices. Collectibles expert Ilena Di Toro advises caution, stating that while some items may have value, it's important not to expect them to pay off significant debts.
The sold-out Collector's Edition of Baldur's Gate 3 is being resold on eBay for nearly $2,000, more than seven times its original asking price of $270. With only 25,000 units available, fans are willing to pay exorbitant prices for the edition, which includes unique downloadable content, a diorama, art book, and more. Some resellers are even selling parts of the edition separately, such as the dice skin, for $299.
When Five Guys opened its first store in Seoul, South Korea, the demand was so high that one person tried to resell the burgers online for a hefty profit. The individual listed their spot in the line for $1,520 and later attempted to sell two Five Guys cheeseburgers and one large fries for 100,000 won ($76.90), more than double the actual price. The post sparked outrage on social media, with users criticizing the trend and calling for regulations against selling food this way. Despite the controversy, there is no evidence that anyone bought the meal posted on the e-commerce platform. Five Guys plans to open over 15 restaurants in Korea in the next five years.