Online Business Buy Sell

Online Business Buy Sell Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Looking to dive into the world of ecommerce without the need for warehousing or inventory management? Consider starting an online buy-sell business. This business model involves purchasing items at a lower cost and selling them online for a profit.

You can source products from various platforms like auctions, marketplaces, or wholesalers and resell them on your ecommerce store or through online marketplaces like eBay or Amazon. It's a straightforward yet flexible approach that allows you to focus on curating desirable items for your audience.

What’s appealing about this idea is the relatively low upfront investment and the potential for significant returns. By mastering sourcing and marketing skills, you could turn a tidy profit in a niche that interests you. Plus, as you grow, you can automate and streamline operations, making this a scalable business option. Consider this if you're business-savvy and enjoy the thrill of finding great deals.

In this list, you'll find real-world online business buy sell success stories and very profitable examples of starting a online business buy sell that makes money.

1. Coinpanda ($420K/year)

Eivind Semb, the founder of Coinpanda, came up with the idea for his business after struggling to calculate and report his own cryptocurrency taxes. Realizing that there were not many great products on the market, he saw an opportunity to create a user-friendly solution. Despite having no experience in software development, he hired remote developers and spent several months designing and prototyping the product before launching.

How much money it makes: $420K/year
How many people on the team: 5

How I Launched A $35K/Month App To Calculate Cryptocurrency Taxes Without Knowing How To Code

Coinpanda is a cryptocurrency tax solution for traders and investors, offering a free portfolio tracker in addition to a tax solution that can calculate taxes and capital gains for over 7,000 cryptocurrencies and is integrated with over 100 exchanges, blockchains, and services, generating $85,000 in revenue with a 75% profit margin in Q1.

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2. Service Based Businesses ($72K/year)

Anthony Tumbiolo, the founder of ServiceBasedBusinesses.com, came up with the idea for his business while running his multimillion-dollar digital agency, Jakt. He realized that there was a need for a community where digital agency owners could come together, connect, and learn from each other's experiences. With revenues of approximately $6k per month, Tumbiolo is focused on providing valuable resources and support to his members in order to help them grow and scale their own agencies.

How much money it makes: $72K/year
How many people on the team: 0

On Group Coaching Agency Owners After Running A $4M Business

ServiceBasedBusinesses.com is a community for agency owners created by the founder of multimillion-dollar digital agency Jakt that provides access to exclusive resources and Q&A sessions, generates $6k/month in revenue, and serves agencies with revenues ranging from $100k/year to $2M+.

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3. Bryn Elizabeth Co. ($15.6K/year)

Bryn Bonino, founder of Bryn Elizabeth Co., came up with the idea for her business after working as a marketing coach for creative micro-business owners. She witnessed their struggles to carry out marketing strategies and decided to create a hybrid model where she builds a strategic and tactical digital marketing system for her clients and then trains them on how to use it. With her expertise in digital marketing and her personal experience with challenges in life, Bryn validated her idea and has since been able to charge four times her salaried hourly rate and attract more clients than she can handle.

How much money it makes: $15.6K/year
How many people on the team: 1

How I Built A Business Helping Micro Businesses Find New Clients

Bryn Bonino founded a company that helps micro-businesses connect with their ideal clients, averaging $1,300 per month since shifting from an hourly consultant to offering entire packages to help clients meet their business goals.

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