by on July 13, 2020
If you are attempting to start a business but are unsure of the route you should take, you should look into creating a private label electronics business. The products that a private label business sells are manufactured by one company but sold under another. Creating a private label company is also very easy no matter the size of your business, which makes it ideal in a variety of different situations.   Private label products are usually considered to be more affordable than name-brand o...
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by on January 27, 2020
There is a seemingly endless amount of electronics out in the world. If you're an electronics reseller, you don't want to spend lots of time and money purchasing items that aren't profitable. After reading this helpful guide, you'll understand what electronics people want to buy and how much you can expect to get for them.   What Factors Affect the Value of Electronics? If you're going to resell electronics, it's important to note what factors affect your potential profits. First, y...
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by on December 31, 2019
This is one of the most common questions I get asked by people who want to start buying and selling phones.   Whenever somebody wants to start a phone flipping business, the first place they usually look is the online buyback companies.   Many companies like Gazelle, ItsWorthMore, and BuyBackBoss have already built respectable reputations in the industry.   But, what many people don't know is these companies aren't primarily buying from consumers, they are actually acquiring mo...
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by on January 23, 2020
Many people love earning a living by reselling electronics. If you plan on selling devices online, you'll need devices with clean ESNs. Here is more information about how to check ESNs and how to use these numbers to check the status of your phone.   What's the Difference Between a Good or Bad ESN/IMEI?   It's understandable to feel confused about the difference between an ESN and an IMEI. An ESN stands for an Electronic Serial Number and these unique numbers identify a phone's activ...
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by on January 9, 2020
The demand for used smartphones like iPhones, Samsung Galaxy, and Google Pixel continues to drive increased sales for business owners in the secondary market. There are thousands of businesses that buy, sell, repair, and resell used electronics at a discounted price.   Many customers aren't willing to pay $1000+ for a new phone, but they will pay $300-$400 for a device that is refurbished and just a few years old. Companies are fighting to acquire as many devices as they can to fulfill cus...
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by on April 8, 2020
When your business is looking to resell electronics for profit, you need to know that there are certain types of electronics that sell better than others. Also, many wholesalers only specialize in sales of certain categories of electronics. The following is a list of electronics that sell well and are easy to locate.   Smartphones Most people own a smartphone or know someone who does. Because new smartphones are very expensive, many people look for deals on them. Also, smartphones tend ...
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by on April 17, 2020
Running a successful B2B distribution business will certainly keep you busy, but the rewards of running your own online business are worth the time you invest. There are at least 10 things you need to remember when you’re trying to run a successful B2B distribution business.   Get Your Inventory Under Control One of the most challenging things about starting up a new online business or even continually managing one is the challenge of managing your inventory. You don’t want too many pro...
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by on March 27, 2020
These days, the electronics market is ripe with opportunity. Electronic items are in high demand all over the world. To make matters even better, there's always a new device coming out. This creates an endless cycle of both new and used inventory to take advantage of.   Learning how to buy and sell electronics is a lucrative endeavor. Buy-and-sell businesses are nothing new. They've been around since the dawn of man. However, there's never been a better time to get into the market.   ...
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by on March 17, 2020
Flipping phones for profit is something that can be done as part-time or full-time work. It can be a very lucrative business idea to make money flipping phones if you’re looking to start up a profitable business. However, there are some things you’ll want to learn before starting up a phone reselling company.   Buy Working Phones You’ll want to make sure that the phones you are looking to purchase work correctly. Avoid purchasing phones that say they haven’t been tested or verified to w...
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by on October 5, 2020
As an electronics reseller, you have a lot of opportunities to make a decent profit. But, you can’t do this by spending lots of time and money reselling electronics that aren't profitable.    Not every piece of tech is going to be worth salvaging. To be successful in the resale business, you must focus your attention on those in-demand items that will fly off the shelves. Fortunately, many types of profitable electronics are a breeze to resell.    Before you start visiting and spendi...
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by on March 2, 2020
Finding reliable suppliers for any item or product can make for a lengthy and difficult process. Even if you have extensive experience, a well-trained staff, and all of the tools you need, you will almost certainly require custom systems in order to compete. If you need to obtain these parts from many different suppliers, it will take time to create an expansive network of suppliers that you can access at any time.   While creating a supplier network was very difficult before social media,...
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by on June 3, 2020
Whether you're looking for a profitable side hustle or a new career, it's wise to consider getting started in the world of wholesale electronics. Before you get started buying electronics as part of a wholesale business, it's helpful to check out a helpful guide. We've spent a long time in the world of wholesale electronics, learning many things along the way. With that in mind, here is an expert's guide for buying wholesale electronics.   File Your Business & Sales Tax Permits   As ...
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