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Your Startup Guide for Selling Wholesale Cell Phones to Other Retailers
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.…
Understanding the Importance of Inventory Turns
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…
How to Find Your Niche as a Cell Phone Wholesaler
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…
How to Think About Your Cost Structure and Profitability as a Cell Phone Wholesaler
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…
What Are the Average Profit Margins for Wholesale Cell Phone Distributors
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…
What to Look for When Buying Wholesale Phones
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…
Resale Certificates: Everything You Need to Know
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…
European vs. U.S. Trade-In Market
Pre-owned smartphone resellers across geographies share certain advantages – they have a product in high demand that they can sell quickly at a healthy profit for far less than new phones. While those fundamentals stay the same across the…
Limited cash on hand? You’re not alone. Here’s What You Need to Know About WeSellCellular’s Net 30-Day Credit Terms
If your business is like many wholesale cell phone distributors, you have capital constraints.
You could sell more pre-owned devices, but you can’t always buy as many as you want. We hear you, and that’s why WeSellCellular is now offering…
