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Hobbs says she owns 120 pieces of bamboo fiber baby pajamas, which can run from $32 to $38 for brands such as Bums & Roses, Posh Peanut and Kyte Baby. Courtesy Emilee HobbsThere are a number of bamboo clothing brands. The swift backlash to Kyte Baby was just as strong as its fans’ devotion had been. One person filmed themselves flinging away a Kyte Baby onesie into the snow in protest to ’N Sync’s “Bye Bye Bye.” Others said they would be selling their Kyte Baby items. A “Sienna Woodland" footie from bamboo clothing brand Kyte Baby.
Persons: New York CNN — Emilee Hobbs, Hobbs, Kyte, , ” Hobbs, , ” Emilee Hobbs, , Emilee, Momfluencers, Kyte Baby, Ying Liu, onesie, isn’t, it’s, Jacqueline Babb, ” Babb, TikTok, Instagram, Son, she’s, ” Son, Sleepies, Brands, Babb, “ I’ve, It’s, CNN’s Eva Rothenberg Organizations: New, New York CNN, Northwestern University, Facebook, Inc, Business Locations: New York, Georgia, sienna, Arkansas, United States, Kyte
If you're looking for an extra income stream, selling products online is one option. Courtesy of Sahaj DhingraDuring the summer between his sophomore and junior years of college, Sahaj Dhingra did $100,000 worth of Amazon sales in three and a half months. One strategy he implemented about a month after launching helped him scale quickly: He started listing products before buying the inventory. Shan Shan Fu used Etsy as a testing ground for what would sell best on AmazonShan Shan Fu, founder of Millennials In Motion. Courtesy of Shan Shan FuShan Shan Fu sold enough socks and tights on Amazon that she felt comfortable leaving corporate America to work for herself.
Persons: Sahaj Dhingra, Jatin Naran, Jatin Naran Jatin Naran, Naran, Fu, Shan, Shan Fu Organizations: Business, Costco, Amazon, Google, Millennials Locations: College, Dhingra, London, America
As my living expenses have increased after moving from a condo to a townhouse , I've been assessing how I can spend with more intentionality. I've always prided myself in being somebody who frequently declutters my physical belongings, but four boxes of beauty and wellness products begged to differ. Going into 2024, here are four ways I'm making an effort to spend and save with more intentionality. In that time, I usually find that my desire to buy those items goes down significantly. Build a Budget The best budgeting apps can help you get your finances in order and track your monthly spending.
Persons: I've, Berna Anat, Anat, haven't Organizations: Service, Business, Facebook, Quicken Locations: Berna, O'ahu, Pakistani, Patagonia
"There's a low barrier to entry," the 20-year-old told Business Insider of the main reason he started with retail arbitrage. The trade-off is that retail arbitrage is a time-intensive strategy. Like arbitrage, you're buying and reselling an existing product; but you're buying in bulk, meaning you're spending more money upfront on inventory. Starting a private label brand is going to require the most upfront investment, both in terms of your time and money. Comparatively, with retail arbitrage, "I'm handling everything," he said.
Persons: , Sahaj Dhingra, Dhingra, you've, He's Organizations: Service, Costco, Walmart, Amazon, Business, Virginia Commonwealth University, VCU
Most of the products Dhingra resells fall under the grocery category, like sparkling water, soda, energy drinks, and protein shakes. To find profitable products, he considers two specific metrics. That's why Dhingra is looking for profitable products; he wants something that has "some fluff around the margins," he said. AdvertisementBSR scores and demand evolve, so he's always on the hunt for profitable products. That's why he always likes to have some capital set aside in case he discovers a new, profitable product.
Persons: , Dhingra, he's Organizations: Service, Costco, Walmart, Business, Amazon
Some Airbnb guests have protested loudly that cleaning fees are too high and the chores some hosts request upon checkout are too onerous. For $49 a month, it's one less stressor for short-term rental property owners or managers in an increasingly competitive business. Courtesy of Can MonkeyCan Monkey has found customers by starting Facebook groups for Airbnb hosts and owners. Shapiro said he used to get kicked out of other Facebook groups for Airbnb hosts because he posted about Can Monkey, so he started his own. Can Monkey runners have seen guests throw out brand-new suitcases, expensive pool floats, and barely-used elaborate party decorations, he said.
Persons: , Marc Zagoury, Monkey, Alex Shapiro, Shapiro, Uber, hasn't, It's Organizations: Service, Business, Facebook Locations: Scottsdale , Arizona, Phoenix, Scottsdale, Miami, San Diego, Austin, Denver, Orlando, Nashville, Airbnbs
Low-risk retail arbitrage is time-intensive, however. He had a few summer vacation months ahead: the perfect opportunity to scale a retail arbitrage operation. With FBA, he wouldn't have been able to list products until Amazon received them, which would have killed his strategy of listing products before purchasing inventory. Dhingra, now 20, is in his junior year at VCU and focused on other entrepreneurial projects since retail arbitrage requires so much time. He has reinvested 100% of his profits back into the arbitrage business, he said: "I haven't taken a single disbursement from my business checking.
Persons: Sahaj Dhingra, Dhingra, it's, Perrier, Nestlé, it'll, wouldn't, He'd Organizations: YouTube, Amazon, Costco, Walmart, Business, Virginia Commonwealth University, VCU, UPS, USPS Locations: Virginia, Dhingra
Target is testing a new self-checkout policy
  + stars: | 2023-11-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN —Target is testing a new self-checkout policy as retailers are finding the cashier-less technology can put off customers. At a handful of stores, Target has restricted self-checkout to customers buying 10 items or fewer. Target and other retailers had expanded self-checkout machines in recent years. Self-checkout machines sometimes break. Target said that merchandise losses, known as shrink, were not a factor in testing new self-checkout policies.
Persons: John Mulligan, , we’ve, Michael Fiddelke Organizations: New, New York CNN, Target, BBC, Walmart, Costco, Locations: New York, United States, Britain
How an Indian startup hacked the world
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +41 min
The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, prominent attorneys and more. Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup. The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, sports figures and more. Back in 2012, Kristi Rogers was an executive at Aegis, a London-based security company. Canadian security company GardaWorld, which acquired Aegis in 2015, said it had no information on the incident.
Persons: Chuck Randall, Randall, , ” Randall, , Randall’s inbox, Appin, Rajat, Anuj Khare, Rajat Khare’s, Clare Locke, Khare “, Khare, ” Clare Locke, Ted Kaczynski, Anuj, who’ve, SentinelOne, Tom Hegel, Appin “, Hegel, Mandiant, ” Hegel, Shane Huntley, ” Huntley, Google’s Huntley, , Jochi Gómez, Gómez, Halevi, Tamir Mor, Russian oligarch Boris Berezovsky, Mohamed Azmin Ali, ” Mor, Berezovsky, Azmin, Mor, Roman Abramovich, Mark Hastings, Hastings, didn’t, Jim H, ” Jim H, Jim H’s, Kristi Rogers, Mike Rogers, he’s, Global’s, sully, Rogers, Damian Perl, – “, Steven Santarpia, ” Santarpia, Santarpia, Leonel Fernández, ” Fernández, Rajat Khare, “ Let’s, Ministry of Home Affairs didn’t, Peter Hargitay, Stevie, Billing, ” Stevie, , ” Peter Hargitay, Mookhey, Norman Shark, Jonathan Camp, Shark, Camp, Norman, Dominican Republic –, Dan Brady, Sandra Schweingruber, ” Schweingruber, Schweingruber, Brady, ” Gómez, , ” –, Anna Carter, Mark Califano, ” Rajat Khare’s, India’s, Educomp, Karen Hunter, Hunter, Bryan, Rajat’s, Vijay Kumar, Deepak Kumar, Kumar, ACSG, Jay Solomon, Solomon, ” Rebsec’s, Vishavdeep Singh, Rebsec, CyberRoot, Sumit Gupta, Gupta, Raphael Satter, Zeba Siddiqui, Christopher Bing, Ryan McNeill, Corinne Perkins, John Emerson, Marla Dickerson Organizations: Reuters, Google, Harvard University, U.S, Symantec, Appin, Caribbean, El, Israeli Defense Forces, Commando, Quillon Law, U.S . House Intelligence, The Michigan Republican, U.S . Senate, Aegis, Global Security, Security, Rogers, Army Corps of Engineers, Rotary, Aegis ’, Global, ” Reuters, Britain’s, Appin Software Security, Ltd, Appin Security, , Research, Analysis, Intelligence Bureau, Indian, India’s Ministry of Home Affairs, India’s Ministry of Defense, of Home Affairs, Central Bureau of Investigation, CBI, Federal Bureau of Investigation, Ministry of Home Affairs, Telenor, Broadcom, FBI, Dominican, Criminal Investigation Service, Appin Security Group, CERT, country’s, Bureau of Investigation, Educomp, State Bank of India, State Bank, The National Security Agency, NSA, U.S ., Swiss, Appin Technology, India’s Ministry, Corporate Affairs, Control Security Global, Technology, Kumar, Facebook, Meta, BellTroX, Services, Street, New, Rebsec, BellTroX’s, Hire Locations: Long, New Delhi, India, Yorker, Paris, Swiss, cybersecurity, Appin, Dominican, California, , Dominican Republic, El Siglo, United States, Britain, Switzerland, New York, French, New Jersey, Israel, Russian, Malaysian, London, Rwandan, Virginia, Canadian, Chuck@shinnecock.org, Texas, Indian, India’s Punjab, Pakistan, Zurich, Australia, Norway, Oslo, Brady, Former, , U.S, Islip, Shinnecock, Washington, cyberespionage
The fee could be a sign the Cybertruck might be a smaller release than expected, experts said. AdvertisementTesla's rescinded $50,000 resale fee is the latest sign the Cybertruck won't hit the market in large numbers anytime soon. These restrictions are rare, but they're most commonly used on limited-production vehicles, Stephen Beck, founder and managing partner of consultancy cg42, told Business Insider. "It's really hard to say how many people on the reservation list will actually buy it," Moody told Business Insider. "There will be just as many people who want to work the system to make money as people who want to own this vehicle," Moody said.
Persons: Tesla, , Elon Musk, Stephen Beck, cg42, Elon, Beck, Musk, Brian Moody, Moody, Ivan Drury, Edmunds, Drury, Ford, John Cena Organizations: Service, Ford GT, scalpers
The Tesla Cybertruck will finally hit the market at the end of the month. The trapezoidal truck has garnered controversy since its 2019 reveal. An unusual resale clause appears to have been removed from Tesla's terms and conditions for the forthcoming vehicle. Previously, in a section titled "For Cybertruck Only," Tesla's Motor Vehicle Order Agreement said the company could sue for $50,000 if you sold your Cybertruck within the first year of ownership. AdvertisementThe trapezoidal truck has garnered lots of attention and polarized car enthusiasts since its 2019 reveal.
Persons: Tesla, , Dan Ives, Elon Musk, Ives Organizations: Service, Bloomberg Radio
Tesla has released the sale terms for its long-awaited Cybertruck ahead of its 30 November release. AdvertisementAdvertisementCustomers set to receive the first Tesla Cybertrucks this November will be prevented from reselling their vehicles during the first year, according to Tesla's terms and conditions. Tesla added a section titled "For Cybertruck Only" to its Motor Vehicle Order Terms, which laid out the new rules. If Tesla does not want to purchase the vehicle, it may then agree to let the customer sell it to someone else. First announced in 2019, the Cybertruck is Tesla's first new product in years, and it is expected to shake up the electric pickup truck market.
Persons: Tesla, Musk, , Elon Musk Organizations: Service, Fast Company Locations: @ElectrifyExpo, Austin
One of the most sought-after items was a 40-ounce red Stanley tumbler that sold for $49.95. The 40-ounce red Stanley tumbler, labeled Stanley + Starbucks, sold out in many stores where supplies were limited. "The Starbucks x Stanley quencher is a limited supply item, so some stores may have already sold out," a Starbucks spokesperson told Insider. The poster said their store got only two Stanley tumblers, and "partners bought them right at open." The red tumblers are indeed being hawked on eBay for as much as $300.
Persons: Stanley tumbler, , tumbler, Stanley, quencher, TikToker, Stanley tumblers Organizations: Starbucks, Service, US, Stanley, eBay Locations: Tulsa
There are a few different ways to make money selling products on Amazon : arbitrage, wholesale, and private label. You aren't building your own product; you're simply reselling an existing product. What sets it apart from arbitrage is that you're buying products in bulk directly from a brand or distributor. To avoid the same mistake, you want to look at the listing page of the product you're interested in selling. How to pick a product to sell wholesaleAfter the wholesale mistake, "I went back to the drawing board," said Naran.
Persons: it's, Jatin Naran, Naran, I'm, who'd, he'd Organizations: Wholesale, Google, Amazon Locations: Alibaba, London
College junior Jayson Siu's side hustle has more than $1 million in sales in less than two years. When Jayson Siu's car accessories side hustle first went viral, he was completely "unprepared." A year later, another of his videos — one featuring an LED-backed light-up sticker — went viral, with more than 9 million views and counting. From stickers to car mirrorsSiu started Invalid.jp as a high school senior, working for a valet company. A friend told him that he could drive sales through TikTok, so he started posting videos "as often as possible," he says.
Persons: Jayson Siu's, Jayson, , Siu, Invalid.jp, It's, Jayson Siu, doesn't Organizations: CNBC, University of Hawaii, Nissan, YouTube, Twitter, Google, Facebook Locations: Manoa, Honolulu, China
He earns money selling products on Amazon, from brand deals, affiliate links, and YouTube ads, and through his coaching program. Like arbitrage, you aren't building your own product; you're simply reselling an existing product but you're spending more money upfront on inventory. To make sure the product isn't a private label product, look at the listing page for a "buy box" that shows other sellers. If there aren't multiple sellers, "it's likely a private label product," said Naran. Private labelThe third tier, starting a private label brand, is the most time-consuming and costly, but has the most upside.
Persons: Jatin Naran, he'd, he's, Wholesaling, Naran, I'm Organizations: University of London, Amazon Locations: London, Alibaba
India is hosting the Cricket World Cup over the next two months. Secondhand ticket prices have soared – although some fans say the process to buy them has been poorly-managed. AdvertisementAdvertisementCricket-mad India is currently hosting the sport's flagship event, the ODI World Cup – but fans who want to see the national team play live might have to pay thousands of dollars for the privilege. Tickets are reselling on secondhand marketplaces for sky-high prices, while supporters are complaining that the process to buy seats for marquee games has been poorly managed. AdvertisementAdvertisementThe official website for the World Cup says tickets for future India matches are "coming soon" – even though the Rohit Sharma-led side are slated to take on New Zealand in Dharamsala in just 10 days' time.
Persons: Bloomberg he’d, , Nikhil Wadhwani, he'd, , Wadhwani, Rohit Sharma, Taylor Swift, Olivia Rodrigo Organizations: Cricket, Bloomberg, Service, Pakistan's, scalpers, New Zealand, NBA, England Locations: India, Pakistan, Ahmedabad, Mumbai, New, Dharamsala, Australia
The buzziest new entertainment arena is a glowing orb near the Las Vegas strip. The Sphere opened last weekend with a U2 concert attended by the likes of Jeff Bezos and Oprah Winfrey. The biggest draw of the night was arguably not the Irish rock band, though, but the venue itself: the Sphere. The Sphere is a massive, dome-shaped music and entertainment venue that just opened near the Las Vegas strip. "The Sphere in Las Vegas might be the best $2.5 billion dollars ever spent," one person said on X, formerly known as Twitter, alongside a video of the sphere as an emoji.
Persons: Jeff Bezos, Oprah Winfrey, , LeBron James, James Dolan, Greg Doherty, Lauren Sanchez, Bezos, Kevin Mazur, Darren Aronofsky, hasn't, Harry Styles Organizations: Service, Garden Company, New York Times Locations: Vegas, Madison, overbudget, Las Vegas
After selling a few tickets to make a hockey game more affordable in 2014, he continued to resell. Now 65% of the tickets that I resell are to sporting events, while 35% are events including concerts, Broadway shows, and comedy events. My favorite selling platform is TickPick because I find that it has the best pricing for purchasing, and its customer service is excellent. Pricing depends on each sellerI know many sellers who try to price their tickets for as cheap as possible. In May, I sold 850 tickets for just under $121,000 in sales, which equaled about $32,000 in profit, but this number ranges from month to month depending on the season.
Persons: , Shiraz Mawani, Bruno Mars, Katy Perry, I'm, it'll, there's, it's Organizations: Service, NHL, Craigslist, Broadway Locations: Shiraz, Toronto
Fast-fashion retailers like Zara, Shein and H&M are using resale platforms to reduce their carbon footprints, but the programs are projected to do little to reduce emissions, a new study released Tuesday found. The study analyzed five brand archetypes, spanning fast fashion to premium apparel, and how reselling previously owned items could affect their overall carbon emissions between 2023 and 2040. It found that fast-fashion retailers, which create about 11.5 kilograms (25.3 pounds) of carbon dioxide for every item they make, will only reduce their emissions by 0.7% with resale programs. Outdoor brands, like Patagonia and the North Face, create about 12.5 kilograms of CO2 per item and could reduce emissions by 15.8%, according to the study. Ruben said it takes a lot of work for fast-fashion retailers to implement resale programs, but "you're not getting a lot of juice for the squeeze."
Persons: Andy Ruben, Tory Burch, Ralph Lauren, they're, Ruben, you've Organizations: Trove, Deloitte, McKinsey, University of California, CNBC, Outdoor, U.S . Securities, Exchange Commission Locations: Guangzhou, China, Brazil, Zara, Shein, Berkeley, Patagonia, reselling
But Motil's self-described success was an elaborate façade, according to regulatory filings and Ohio bankruptcy proceedings. In a 29-page complaint, the SEC laid out how Motil issued "promissory notes" fully collateralized by property across Ohio to dozens of investors. "Nearly everything about his scheme was a lie," the financial regulator's complaint read. In one instance, according to the SEC, Motil managed to get more than $1 million from 20 different investors for just one single-family home valued at no more than $130,000. Motil and his wife, Amy, profited handsomely from the scheme, the SEC alleged.
Persons: Matt Motil, Motil, Amy Organizations: U.S . Securities, Exchange Commission, Washington , D.C, SEC, CNBC, U.S, Trustee, Federal Trade Commission Locations: Washington ,, An Ohio, Ohio
A new law will require ticketing platforms to tell the IRS about users who made over $600 this year. AdvertisementAdvertisementBut this year the topic of ticket resales has made headlines, as prices for big events surged. The average price for a Beyoncé concert ticket averaged $380, while fans wanting to see Harry Styles live needed to fork out an average of $400, the Journal reported. CHANDAN KHANNA/Getty ImagesThe resale of Taylor Swift's Eras Tour tickets has caused the most commotion, as hugely inflated prices, fake ticket sales, and site crashes angered her fanbase. One Swiftie said she even saw some ticket prices for a Swift concert going for more than $30,000.
Persons: resales, Lionel Messi, Harry Styles, CHANDAN KHANNA, Swiftie Organizations: IRS, Taxation, Service, American, Ticketmaster, Street Journal, MLS, Inter Miami CF Locations: Wall, Silicon
Duffy and Friends is Disney's top-selling franchise in Asia, having generated $500 million in revenue this year. Duffy, a fluffy bear, was introduced in 2002 with a back story linked to Mickey and Minnie. The revenues include sales from Shanghai Disney Resort, Hong Kong Disneyland, and the Tokyo Disney Resort in Japan. AdvertisementAdvertisementThe back story for the fluffy bear involves Minnie Mouse hand-sewing the stuffed bear to accompany Mickey on a long sea voyage from Cape Cod. Both Duffy and LinaBell can be seen in a Disney video from September 2021, which shows the fluffy bear meeting his new fox friend.
Persons: Duffy, Mickey, Minnie, Mel, LinaBell, there's Organizations: Service, Disney, Shanghai Disney Resort, Tokyo Disney Resort, Walt Disney World, Shanghai, Shanghai Daily Locations: Asia, China, Wall, Silicon, Shanghai, Hong Kong, Tokyo, Japan, Orlando , Florida, Cape Cod
TikTok added new language to its product policies earlier this month for its recently launched e-commerce platform TikTok Shop, boxing out merchants who sell homemade food items like candy. Linares garnered over 1,400 sales through TikTok Shop in the last month, per documentation viewed by Insider. Freeze-dried candies have become a massive category and a big business on TikTok Shop. Users have already purchased thousands of freeze-dried products through TikTok Shop, per sales tallies visible to users in the app. 'TikTok Shop can really giveth and they can really taketh away'This isn't the first time Wilkerson's store has been dinged by TikTok Shop.
Persons: TikTok, Chrystian Linares, Linares, reselling Skittles, that's, Influencers, Nathan Wilkerson, Wilkerson, influencers Organizations: TikTok Locations: Florida, Orlando, Tallahassee, Linares, Jolly, Portland , Oregon, China
They now make up to $3,000 per month from dumpster diving, and post their dives on TikTok. AdvertisementAdvertisementWe make between $2,000 and $3,000 a month selling our dumpster dive trash treasures. But it's still rare that we see somebody else dumpster diving at the spots we go to in Buffalo. When some people hear the term "dumpster diving," they sometimes picture a rat-infested dumpster covered in food, or that we're digging through household trash. We view our dumpster diving efforts, particularly selling scrap metal to scrap yards, as "carbon credits" that offset the carbon emissions from our next plane flights.
Persons: David, Erin Sheffield, David Sheffield, we're, It's, We've, Joe's, Erin, we've, Organizations: Service, University at Buffalo, Walmart, Foods, Aldi, Body Works, Dick's Sporting Goods, Erin Sheffield Garage, eBay, Facebook, Body Locations: Wall, Silicon, Buffalo , New York, France, dumpsters, Norway, Mexico, TikTok, Buffalo
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