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…
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…
Wholesale cell phone distributors often have vastly different phone functionality test and grading standards. While both are critical, it is important to understand that testing and grading are fundamentally different. Grading is largely subjective.…
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…
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…
So you've found a reliable supplier and your used cell phone business is up and running. But now you need to find a marketing strategy that will grow your business. How you market your business will depend first on whether you are a wholesaler…
There are two basic ways to do business as a used device reseller, with a few variations. Regardless of which way your wholesale cell phone business is structured, it all boils down to the profit margin you can make versus your costs in terms…
The market for used phones has grown every year since 2017, which means there are more opportunities than ever for motivated resellers to make a profit. Thanks to robust ecommerce platforms and reliable wholesale cell phone suppliers, resellers…
Doing business as a domestic retailer or wholesaler of pre-owned cell phones in most American states requires some critical paperwork, known as resale certificates. This guide walks through whether your business needs a resale certificate, how…
How to Think About Your Cost Structure and Profitability as a Cell Phone Wholesaler
What Are the Average Profit Margins for Wholesale Cell Phone Distributors
How to Evaluate a Wholesale Phone Distributor's Testing Procedure
What to Look for When Buying Wholesale Phones
5 Strategies to Grow Your Wholesale Cell Phone Business
9 Ways to Market Your Used Cell Phone Business
The Two Basic Ways to Do Business as a Device Reseller
How to Sell Used Cell Phones Online
Resale Certificates: Everything You Need to Know