How To Make Money Selling Used Phones

moonchild

VIP Contributor
Selling used phones is a lucrative business, if you live in a developing country, almost more than half the population use a used phone, this phones are being shipped from countries like China, US or UK, this article is going to discuss on how you can get into the business and make money.

Firstly let's talk about sourcing for the phones, to source for the phones, go to the popular marketplaces of the countries I've listed above, examples eBay, Aliexpress or Facebook market places which you can access the local market by changing your location to the country you want to buy from.

Secondly, after sourcing for the phones, the next thing is shipping the phones to your country, there are different shipping outfits around the world that delivers globally, for example DHL and FedEx, you can also get local shippers in your country.

When your items arrive, you then decide how much you are going to sell them for, by adding your margin, when you want to do this kind of business you should try and get some buyers on ground, you can do this by asking people if they need any sort of phone, so they'll make an advance payment before you ship the phones to avoid being stranded.
 
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