As a leading supplier of wholesale iPhones, WeSellCellular tracks trends in used cell phone supply on a weekly basis. In this post, we share our insights with you regarding volume trends in 2022 versus 2021. If you are a reseller of second-hand mobile devices, these trends are critical to track so that you can plan […]
Apple is notorious for maintaining tight control over its hardware, and that approach doesn’t stop when you purchase an iPhone and take it home. Apple will issue iPhone warning messages when it believes the device is no longer performing as it should, or has been repaired with non-Apple parts. Battery Warnings A common alert is […]
Starting a phone reselling business involves committing capital, taking risk, and setting up new operational systems, but you don’t have to do it on your own. WeSellCellular has helpful resources for every aspect of the phone reselling business. These eight sections (with links to more details) can help you determine your reselling path. 1. Do […]
Cell phone resellers stock depreciating assets (phones decrease in value over time), which motivates them to sell their inventory as quickly as possible. Pursuing quick sales is also a smart business strategy for any high-volume, low-margin business. But just how high volume is your business? That’s what inventory turnover will tell you. Let’s define inventory […]
Businesses of all stripes will find it hard to be all things to all people. It’s difficult to build a reputation when you sell anything and everything, and everyone is in your target market. You are likely to spread yourself too thin, with ineffective marketing and a weak brand. It’s strategic to create a niche: […]
Cell phone wholesalers operate in a competitive industry in which small differences in operating costs translate into large differences in profit margins. To survive and thrive in a low-margin business, it’s critical to understand your cost structure and its implications. Fixed Costs vs. Variable Costs In business, there are fixed expenses and variable expenses. Fixed […]
Wholesale cell phone distributors have variable profit margins shaped by their buying and selling strategies. On the buying side, factors such as the models of phone the wholesaler targets (flagship, mid-tier, or budget), the grade/condition of the phone, and the repair or refurbishment costs (if any), combine to establish a price target the wholesaler strives […]
As a wholesaler of used phones, you have the opportunity to make good margins, but the key is to find a good supplier. Here are 10 things retailers and wholesalers should look for before they buy wholesale phones. 1. A Good Reputation The first thing you need to consider before you buy wholesale cell phones […]
The wholesale used cell phone business is a lucrative opportunity for many entrepreneurs. The basic ways to grow your business are to sell more (find more places to sell or find more customers who will pay the highest prices for what you are selling, for example) and spend less (make your operation more efficient or […]
