16-Year-Old Builds Reselling Business, Generates Rs 24 Lakh in Monthly Sales
Goa, Oct. 12 -- A 16-year-old in the United States has attracted attention after building an online reselling business that generates more than Rs 24 lakh in monthly sales. Ethan Alexander started with an investment of $500, approximately Rs 48,400, by purchasing products from Walmart and reselling them on Amazon.
His business generated nearly $9.7 lakh in revenue during its first month, with monthly sales later exceeding $24 lakh. His journey highlights the opportunities available through e-commerce, where individuals can sell existing products online without manufacturing goods themselves.
However, the figures represent sales revenue, not necessarily profit. The amount a reseller earns depends on purchasing costs, marketplace fees, sh...
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