« Cash machine: the tricks of Vinted’s super-sellers »
Young people, students or high schoolers making €11,000 in revenue per month on Vinted. I don’t believe it for a second. Especially the one who goes to flea markets buying one item here and there. To achieve such revenue alone is not possible. In addition to sourcing, you have to wash, dry, take photos, list items, process orders, drop them off at the pickup point (and possibly study). Not conceivable. The worst part of all this is giving false hope to some.
The return of Aymeric & Corentin, who already received a lot of media attention 6-9 months ago. Their business is based on bots, as long as they work. Their arrogance is cartoonish.
The young man who makes €11k in revenue, i.e., 220 sales/month at €50 each, is credible. The report clearly shows how this is only possible because he is a « stowaway » using family facilities: he pays for neither storage, nor equipment, nor car, nor bills. It is interesting to see that it only works if you are the child of a wealthy bourgeoisie living in a detached house.
Oh yes, at this level, he needs a SAS / SARL. His revenue is probably the gross amount including tax, from which VAT should be deducted (€11k gross = €9.2k net). He says he makes x4 or x5 on resales, so he bought for about €2k. The company must pay corporate tax of 25% on profits (perhaps 25% x (€9.2k - €2.0k) = €1.8k). This brings it to something like €5k net. And if he wants to benefit from it, he has to pay himself a salary, so pay about 40% in social charges. That leaves €3k in income, before, of course, paying income tax at his parents’ marginal rate (probably 30%), thus receiving a little over €2k in pocket money.
That’s a lot, €2,000/month in pocket money. But still very different from €11,000.
And to compare with the 40 hours/week he says he dedicates to it, which is a full-time job.
Of course it’s totally possible, I only buy from flea markets and I have a full-time CDI job (35 hours) on the side, you just need to be disciplined but it’s easier to tell yourself it’s impossible to reassure yourself
I completely agree, Faune! You can see the analysis of someone who started their own business and knows that €11k in revenue is NOT €11k in your pocket at all
They are promoting a bot that allows you to buy items cheaply on Vinted. For example, Ralph Lauren polo shirts that sellers list for €10 when they are worth €40.
Just for your information, the « youngster » at the flea market is operating as a sole proprietorship (micro-entreprise), not a SAS/SARL.
So your calculations with VAT, corporate tax at 25%, and 40% social charges are completely wrong.
In a micro-entreprise, he declares his turnover and pays about 12% in social contributions.
Taking a simple example: €10k turnover, with a x5 markup as he said (so approx. €2k in purchases), that leaves over €7k net before income tax.
He sells on Vinted but also through auctions, so he’s not just relying on one channel. In short, we are very far from « €2k pocket money » as you wrote.
@Giuliano69 They are not under the micro-enterprise status. The annual revenue limitations would have been exceeded long ago at this rate, knowing they are already talking about appointments with an accountant, so definitely SAS/SARL.
What you also need to know is that they don’t make €11K in revenue from Vinted sales, but by combining:
Sales on Vinted
Sale of training courses
Resale of bales as intermediaries between wholesalers and small Vinted resellers (commissions on large orders)
Affiliation with several sites (wholesalers, promo codes, bots, etc.)
Revenue from their videos on social networks (TikTok, YouTube, etc.)
By combining all of this, they can easily reach €11K/month.
Just to clarify: he is indeed operating as a sole proprietor under the micro-enterprise scheme (it’s public information, verifiable).
The threshold for sales is €188,700 per year, so at €11k/month (€132k/year), he is well within it.
You’re talking about SAS/SARL, but that’s irrelevant, your calculations don’t hold up.
But most importantly, do you really know him to be making all these claims? Because I do, and I can tell you clearly that he is under the micro-enterprise scheme, it’s also visible in his company registration. So you need to stop making things up.
No, that’s the VAT exemption threshold. Which before was indeed aligned with the turnover threshold for micro-enterprises, but a second tier was added (in 2016 from memory, but not certain)
You can be a micro-enterprise between €85k and €188,700 but be liable for VAT
after all, not everyone has access to the same flea markets, depending on the area you’re in.
I have a dealer I know well who frequents all the flea markets in his region and makes finds that are science fiction to me, especially since now, where I am, it has become moribund.
And conversely, I drive him crazy with what I find on sale (and without riots at the store entrances like you see on TV) while he struggles to find three things.
Thanks @Gametoysretro for the clarification
Basically, the debate was mainly about whether a monthly turnover of €11,000 was really achievable or not, not necessarily about criticizing the type of status or structure they chose. Everyone manages their business as they see fit, the important thing is to stick to the facts regarding the numbers.
In the absolute sense, yes, anything is possible.
However, I am still wary of this kind of reporting.
At one time, the trend was video game resellers in retro gaming. Well, having been part of it, we read or heard a lot of boasting where guys displayed very, very optimistic selling prices, and we were already able to sell very well at the time. The eBay of the golden age was still something else than Vinted. So that’s to say that guys were issuing quite surreal invoices for the press.
And then it all depends on what you sell. If you manage to sell items for a minimum of €50, it obviously goes faster than if it starts at €3. And then it will depend on the competition, the sector you are in, etc. …
“but it’s easier to tell yourself it’s impossible to reassure yourself”
I don’t need to reassure myself. As an individual, if Vinted brings me a few euros a month, I’m happy. It amuses me to sell what’s in my closets rather than see it go to wastelands in Africa. I also didn’t want to start a controversy about the numbers, but according to the numbers presented, I just wanted to say that I don’t know where they found the time to do all that. Selling on online platforms is very time-consuming.
Then, when it’s really your business, the organization is different, and you develop routines that save a lot of time. Just having a dedicated space for storage, packing, etc. makes a huge difference compared to the beginning when everything is arranged as best as possible.
Oh yes, right, I confused the VAT exemption level with the turnover ceiling for a sole proprietor. Ooooops.
While we’re making other corrections, if our high school student has just created his sole proprietorship, he could have applied for ACRE, which reduces his social security contributions to approx. 6% in the first year.
With all that, he’ll be able to afford the tuition fees for a business school with post-baccalaureate admission. Yum.
Before inventing scenarios, simply check the public information and watch the report carefully: his company was created on January 1, 2024, so he is no longer eligible for ACRE. He dedicates himself to it 100% and his studies are finished.
The initial question was clear: are the announced figures credible or not? If the goal is to deviate and criticize entrepreneurs for free, it’s better to change the subject… or the forum.
