Possible Cash-in on the Virus...

[t2van]

So as some of you may know about the coronavirus (plenty of threads on here about it) I think I saw someone asking how to make money... If you search on Amazon UK for

"antibacterial hand gel"

You will see most of the small 50ml multi packs (4s and 6s) are out of stock with a lead time of 1-3 weeks. Even if you look at places like boots (UK) the number of people buying if you believe that pop up is growing.

Anyway if you head on over to your local chemist or drug store they are selling these small bottles for 65p - 95p a bottle with no demand on them.

I was limited to buying 1 full display box (50 units) I assume as it's all they had in stock as it's a small chemist.

Even at 95p each for 6 bottles that's £5.70 they are sold out on Amazon at the moment for £8.94 that leaves you with £3.24 to play with before costs (postage etc). I know the margins are small so it's not going to make anyone mega money BUT as demand grows and the supply get's smaller the price might go up.

Just look on Amazon now hardly any of it is in stock.. might be worth a punt for someone. Thought id share. I got no interest myself in doing this I'm too busy but thought someone might like the opportunity if not thought of.

 

[bra08002602]

That is actually a good idea! Or go to any cash and carry / bulk stores there are better chances of finding there.

 

[t2van]

That is actually a good idea! Or go to any cash and carry / bulk stores there are better chances of finding there.

My experience cash and carry places tend to get hit first and the hardest when there is any kind of sniff of someone doing something similar or just panic - ever been to one when snow is on the way in the UK... So you need to either strike now (not to mention have a trade card or account set up to access the store now) or keep it cool and stick the the small pound stores, local chemists etc

Buying in small numbers locally helps someone who may not have the cash to go out and buy a pallet

 

[KidHotel]

I'm sure you could also go on alibaba wholesaler and just express ship a ton of them and in the meantime get an FBA account and you could probably have them on Prime in a week or two

 

[t2van]

I'm sure you could also go on alibaba wholesaler and just express ship a ton of them and in the meantime get an FBA account and you could probably have them on Prime in a week or two

Yeah but most of the listings are going to be back in stock in 2 weeks...At least this way you can have stock now and set a small premium price for it as you have availability now.

 

[Safox alee]

Yes good idea.should work.Need to look into more opportunities like this to earn a great return