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TEENS BUILD BUSINESS EMPIRES FROM THEIR BEDROOMS
Enterprising teens are selling stuff online and making a fortune! They're buying popular items from streetwear brands and reselling them on Depop, an auction app aimed at young people. Reselling limited edition goods can earn them up to several thousand pounds a month.
Scarlett was fourteen when she started recycling used clothes by selling them online. 'When I didn't wear something any more, I thought I may as well sell it on,' says Scarlett, now fifteen.
These days she buys products from hyped sports labels with a cult following , from boutiques and clothes markets in London and sells them online. She recently bought an on-trend backpack for £120 and sold it for £180, making her a nice profit of £60.
She finds out which products are in-demand by checking streetwear-focused social media groups. She earns around £100 a month. 'Wherever I go, I look out for products to resell. My dad is always asking what I've sold. He thinks it's cool.'
Seventeen-year-old Lydia also caught the bug for selling clothes online. She spends about two hours a day reselling and makes about £1,000 profit every month. To create more publicity and increase her earnings, she models the clothes on Instagram.