Make money with cell phones business

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How to Make Money Buying and Selling Used Cell Phones

The following ways to make money with your phone aren’t necessarily a way to earn make money with cell phones business real living, but—if used bksiness can help you recoup some of the cost of your cell phone bill and maybe put a few extra spending dollars in your pocket. Type of program: Task-oriented crowdsourcing, a. Locations: United States, though the availability of shifts in certain areas may be limited. You also get better-paying assignments as. The types of jobs this crowdsourcing company offers tend to be for consumer brands looking to track their products, so photos of products with price checks are the mainstay of this company. How it pays: Pays cash into PayPal accounts.

2. Get Replacement Screens

The consistent use of cell phones may mean that getting into the cell phone business may be a lucrative venture for you. You can open a small business selling cell phones and make money—out of storefront, a kiosk at a popular shopping center or from your home office. The steps to opening and making money from a small business selling cell phones out of your home may be easier than you think. Decide to stock inventory or use drop shipper accounts. A drop ship account is where a wholesale company ships the orders to your customers on your behalf and using your business information. Register to be an authorized dealer of cell phones. Build a website to promote the cell phones and accessories.

1. Get Your Inventory Up

With the rapid increase in the demand for smart phones and tablets worldwide, a corresponding opportunity is being created for smart entrepreneurs that have the courage and initiative to act.

Are you interested in learning how to buy and sell used phones for cash? Do you need a sample cell phone retailing business plan or feasibility template?

Do you want to start a business in the technology industry? Then read on. The trend is on and the demand for smart phones ,ake an affordable rate is on the rise. K, South Africa, Phoness. Now for those who are interested in making money of this technology crazy kids, you are welcome on board.

Buying and selling used mobile cellphones is good business because a lot of people cannot live without phones but only a few can afford brand new mobile phones, especially the latest models and expensive brands.

You can give people with a tight budget an option by offering them used mobile phones. There are a number of tips on how to buy and sell used phones. You have to take note of these tips especially if this is your first time to do. Purchasing and selling used cell phones may seem difficult or challenging, but immediately you understand where to get your supplies and how to do it, the business will becomes much easier. Purchasing and selling used cell phones could be very profitable ceol you are serious, honest and diligent in your efforts.

Beside the profitability, trading phones is a great way to earn some make money with cell phones business cash in your free time or leisure hours. The steps highlighted below are the ways to buying and selling wih of used phones.

Have some capital set aside for the business. To start this kind of business, a certain amount of money is required. The amount should not be that much, but it should be something substantial in order to acquire the basic requirement for the business.

Do your market research and feasibility. It is very essential that you know which used cell phones are selling in the market and their prices. You can visit local retail shops that do sell used and refurbished cell phones. Compute a list of what they are charging for popular phones and take note of the number they have for each type of phone.

This will surely give you some indication of bbusiness popularity in your own area. You must also choose your target market. Are you targeting youths, teenagers, civil servants or salary earners, students, etc? You should also visit tech forums or better still, carry out a survey to find out what phone is most popular among your targeted users.

One important tip to buy and sell used phones is to understand the features of the phone. What this means in essence is that mmoney must be technology inclined or oriented. It would be easier to sell a used phone if you can market its features to your potential buyers. You also need to know the features monye a used phone makee buying one to determine whether the phone will be easy to sell or not.

You can visit online classified websites such as Craiglist, eBay and Alibaba. Do not pay more than what you think you can resell the phones. Note that you can sell used cell ma,e for what retail shops can sell.

Or you can look for local pawn stores for used cell phones. Pawn stores are good places to purchase items with the intention to resell them, as they always pay little to buy items to start. Frequently, they will sell them to new buyers for half of moneh original retail prices. Consider the price. Another important tip on how to buy and sell used phones is to consider the price.

When buying a used phone, make sure that you are getting the best deal in terms of quality and price especially since you are planning busineds resell it. Make sure that you will still get a good profit when you resell the used mobile phone. Used phones sometimes have defects which could affect the price, especially if it is a major defect.

Do not buy a pnones phone vell major defects like damaged LCD screen because this will be too expensive to repair and you may end up with a useless mobile phone that nobody wants to buy. It is better to buy used phones mmoney person than online, so that you can better check the condition of the phone. One very important businexs to note when buying witj selling used phones is to ensure that the phone is not stolen. What you can do is to get a checkMend certificate.

This is a database that has all the list of lost and stolen properties. Having a certificate proves that the phone is not stolen. IMEI or the international mobile equipment identity number is needed for you to check phonea phone in the checkMend database.

You need to pay a small fee for the cell. People always sell more costly phones such as iPhones and Blackberries businexs way, as there is usually a little charge to place the adverts. Online classified websites like Craigslist do not charge any fee, and most of the buyers will come to you to pick the items. Paying for an ad will decrease your total profit.

Check resources for other classified sites that are free. Another way to sell your products is to place your phones in a display glass and position it in high traffic centers such as streets, road intersections, shopping malls, busineas. It is important that you give a clear description of the exact model and condition of the phone and the price which you want it to be sold. Do not forget to give your customers buwiness of scratches on the screen or any other problems with the phone.

Remember that the best marketing tool for this kind of business is word of mouth marketing and referral. But no one will refer their family and friends is the quality of the phones you sell is very poor.

As a novice or beginner in this business, it is inevitable that you will end up buying dead phones or very low quality phones at the initial stage. This is a necessary loss as it wth help you gain wiyh experience in the selection and pricing of used phones.

Another way you can reduce the effect or loss arising from this risk is to learn how to repair and reconfigure phones. In conclusion, you should always expect to get up to 75percent of the retail value of used cell phones that are in good condition.

For phones that are more than two years of existence, just expect to have about 40 percent of the original retail cost. Finally, buying and selling used cell phone is a lucrative business. This is a business that requires smartness, intelligence, swiftness, vibrancy, socialization, busindss persuasion skills.

It is profitable and encouraging if properly managed. Toggle navigation Menu. Author Recent Posts. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs.

It would be easier to sell a used phone if you can market its features to your potential buyers. After repaying his student loans, he shifted his focus to make more money from side hustles, real estate, freelancing, and the online economy. Check resources for other classified sites that are free. Start here or check out more ways to earn money as a Mystery Shopper. Recent Posts. You can sell broken phones, too, but you won’t get as much money though you won’t pay as much for them.