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…
How to Evaluate a Wholesale Phone Distributor's Testing Procedure
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.…
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…
5 Strategies to Grow Your Wholesale Cell Phone Business
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…
9 Ways to Market Your Used Cell Phone Business
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…
