As panic buying sweeps the UK in the wake of the Coronavirus, thousands of people are finding it harder and harder to get hold of the everyday essentials, like milk and bread.
Moreover, thousands of people are finding themselves more out of pocket than usual at the start of the month due to their panic buying.
However, there is one young entrepreneur who is profiting from the havoc in the supermarkets.
Dean Cook, 17, from Bournemouth, had the 'lightbulb idea' of a lifetime, and is now selling his goods for an unbelievable profit.
"I was walking home from college when I noticed a queue of people backing out of the local supermarket. That's when the idea hit me. Plastic bags!
"I realised that every single one of the customers would be needing plastic bags to carry their stuff home in, and the next thing I know I was standing in that queue with them. Everyone behind me was furious when I got to the front and bought every bag in the shop."
Despite the hatred of the other customers, Dean's idea was about to double his money instantly. With the 5p charge for plastic bags in full effect in the UK, Dean set about selling his bags to the customers for 10p each.
"As I said, they were furious. But what could they do? Pay 10p for a bag or carry home 12 pints of milk and 4 loaves of bread in their hands. I was quids in!"
All in all, Dean bought 167 bags, costing a total of £8.35, but within minutes he had sold all of his bags at two times the price, bringing in a cool £16.70.
Not to be deterred by the hatred he felt from the customers, he has already planned his next sale whilst the panic buying continues.
"Tomorrow I will be hitting the local Morrisons. They always have a lot of customers at the best of times, and a lot of them are of the older generation, There is no way they will want to walk home without a bag. Easy money!"
Only time will tell how long Dean will be able to carry on with his current business model before the local shops block him from buying their bags in bulk. But, at the very least, it shows that the entrepreneurial spirit is still very much alive in Britain today!
How are you coping with the panic buying? Have you been caught in Queues? Perhaps you have encountered a 'Dean' in your local supermarket? Let us know your experiences in the comments box below.
Moreover, thousands of people are finding themselves more out of pocket than usual at the start of the month due to their panic buying.
However, there is one young entrepreneur who is profiting from the havoc in the supermarkets.
Dean Cook, 17, from Bournemouth, had the 'lightbulb idea' of a lifetime, and is now selling his goods for an unbelievable profit.
"I was walking home from college when I noticed a queue of people backing out of the local supermarket. That's when the idea hit me. Plastic bags!
"I realised that every single one of the customers would be needing plastic bags to carry their stuff home in, and the next thing I know I was standing in that queue with them. Everyone behind me was furious when I got to the front and bought every bag in the shop."
Despite the hatred of the other customers, Dean's idea was about to double his money instantly. With the 5p charge for plastic bags in full effect in the UK, Dean set about selling his bags to the customers for 10p each.
"As I said, they were furious. But what could they do? Pay 10p for a bag or carry home 12 pints of milk and 4 loaves of bread in their hands. I was quids in!"
All in all, Dean bought 167 bags, costing a total of £8.35, but within minutes he had sold all of his bags at two times the price, bringing in a cool £16.70.
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| The humble plastic bag - a panic buying top seller |
Not to be deterred by the hatred he felt from the customers, he has already planned his next sale whilst the panic buying continues.
"Tomorrow I will be hitting the local Morrisons. They always have a lot of customers at the best of times, and a lot of them are of the older generation, There is no way they will want to walk home without a bag. Easy money!"
Only time will tell how long Dean will be able to carry on with his current business model before the local shops block him from buying their bags in bulk. But, at the very least, it shows that the entrepreneurial spirit is still very much alive in Britain today!
How are you coping with the panic buying? Have you been caught in Queues? Perhaps you have encountered a 'Dean' in your local supermarket? Let us know your experiences in the comments box below.
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