Making money reselling phones

Learn how your comment data is processed. The older iPhone models are also much easier to fix as opposed to the new ones were even taking off the screen is a challenge. One guy even gave one of us his broken iphone 6 in exchange for a free tempered glass on his other phone we just repaired. Join SurveyJunkie Now. How to Dispose of Old Cell Phones. My dividend investing portfolio. Get expert insights from pro resellers.

How to Make Money Buying and Selling Used Cell Phones

The internet has changed so many things in our world. As consumers, snail mail letters were replaced with email. We Skype instead of draining our wallets with long-distance phone calls. And we shop on Amazon instead of fighting for a parking space and dealing with the crowds at the local shopping mall. Specifically, publishing and selling making money reselling phones online. You see, what the big publishing houses do with big offices of editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of customers… you can do on the computer you have right. With all the red tape, «play to pay» tactics, and the lack of marketing support from the big publishing houses along with low royalties many are finding that self-publishing is a much better option and in most cases a more profitable option!

2. Get Replacement Screens

Advertiser Disclosure. One thing we can all agree on: Making extra money is always a good thing. Are you looking for another money-flipping strategy to flip your money today? The concept is really simple, buy low and sell high. I will get more into this later in the article, but my general technique for this one month was buying cell phones from Amazon and reselling them for a profit on Craigslist.

How do I flip phones on eBay?

Advertiser Disclosure. One thing we can all agree on: Making extra money is always a good thing. Are you looking for another money-flipping strategy to flip your money today?

The concept is really simple, buy low and sell high. I will get more into this later in the article, but my general technique for this one month was buying cell phones from Amazon and reselling them for a profit on Craigslist. Generally, you would find the best deals on Craigslist because you can negotiate down the price and get great deals on cell phones.

For this month, I found some great deals on Amazon for used iPhones so I used that source. If you wanted to follow along with my process, click here to search for used iPhones currently selling on Amazon. I am very familiar with iPhone products, so I felt comfortable buying and selling them.

I figure out my target price after I know what the phone is worth. This gives me a good idea of how much the phone is likely to sell. While buying on Amazon I do realize there is some risk involved. This is a very simple process of making a claim against the seller, and then Amazon will refund me completely and immediately.

They will then go after the seller themselves. You can find what the iPhone is selling for and then use eBay completed listing search to see if there is an opportunity for profit. I should mention that this case study resellinng done in early Therefore, as you probably should know, Apple releases new iPhones every year phhones in early September. So mmaking might want to target newer phones than the ones that were available to me at the time. You can usually find a better deal on the model that is prior to the current newest model.

Functional without it by using assistive touch and top button. Original box. No charger or headphones. Phone and Charger only, no case. This phone has 1 small dent makiing a few minor scuffs along the rim of the case. Screen has minor scratches not noticeable when looking directly on.

Price has been reduced over scratches. Listed as iPhone 5s, actually turned out to be an iPhone 5. All accessories may NOT be included and will be delivered in a non-retail box. Shows signs of wear from normal use. The iPhone has been professionally tested and passed a multi-point inspection for complete functionality. Phone only, decent condition. Cannot unlock. As detailed above, you can see I purchased one cell phone with a cracked screen. So I made sure to take great quality photos of each phone and used brief and accurate headlines of the phone.

I used Google Voice phone number in all my Craigslist posts, which makes potential costumers feel more at ease knowing they can contact me.

Having a Craigslist-only email address keeps all your Craigslist selling activity separated from day-to-day life. My time is probably the more expensive thing Jaking. I post that in all my ads. If you ended up getting too much inventory or phonnes an old phone laying around and need cash now then you can easily sell it on Gazelle for cash.

This is the easiest way to sell it quickly. You can access the Amazon trade-in program by clicking. Yes, seriously! Also, if you plan on buying these phones on Amazon, you can get phomes cash back through Rakuten. Check the value of the phone on eBay and see what sellers are selling their used phones on Amazon or Craigslist. The key is finding an arbitrage in pricing: buy low, sell high. Selling phones requires some work, however, it is very possible and anyone can do it using the steps outlined.

Take a look what is available now, there is money to be made! Try it for. This includes all iPhones of all colors and sizes, sorted by lowest priced. Now get out there and make some money. Have you thought about flipping cell phones or iPhones? They include:. Bad joke, sorry about. Your success with this made me think of the guy that bought SIM cards wholesale then sold them at retail individually.

But then I realized your story is less retail arbitrage and more fix and flip. Do you do the repairs yourself or just go to a local shop? Plus you probably get some buyers that take it at full price without haggling, even better! If you can find the article you are talking about I would love to read about it. If you get a chance, maybe you could check it out. I am always looking for ways to supplement my income and trying new entrepreneurial monfy.

I did all the fixing up myself! It always seemed like it was an easy side hustle as long as you have enough capital. Yeah, I would only hold the phones for a few weeks max. You gotta be quick. Scour the internet, not just Amazon, but eBay, and different classified marketplaces. Look into buying phones with cracked screens, then learn how to replace the screen and get it unlocked and you could sell it for a profit.

Good luck! What service or company did you use to remove the lock? Was it a carrier lock? Had I not unlocked the iPhones via carrier unlocks, I would have not been able to net these profits! I used a service similar to this that you can find on eBay.

I noticed that your purchase consists mainly of iphone fives. Is it because the older the model, the greater the price variance and thus potential good deal? I did a quick scan on Ebay for iphone 6, 16GB and found there is no much room for profit.

I did this case study a few years ago, right now I would gun for iPhone 6 or iPhone 6 Plus. I would not advise buying the newest phone as making money reselling phones reselliing are way too high. Very handful of web sites that take place to be in depth beneath, from our point of phonez are undoubtedly properly worth checking. Great blog here! Additionally your web site rather a lot up very koney What host are you the use of?

Can I am getting your associate link in your host? I wish my web site loaded up as quickly as yours lol. I appreciate the kind words. Thanks for stopping by! Excellent website. Plenty of useful info. And of course, thanks for your sweat! This will be the point inn which you will assist the bank to find the short sale approved to get the exact phonnes sold, preventing the home from going into foreclosure. However, selling or recycling oldd mobile phone units are actually taking place for quite some time.

I enjoyed reading the post. I accepted, thinking that it may never work again because of the cost, but I wanted a take apart Samsung to study. One guy even gave one of us his broken iphone 6 in exchange for a free tempered glass on his other phone we just repaired. Have you gotten any more phones that you flipped?

Thanks for sharing. Would you recommend this side hustle to college students? Absolutely, I did it while I was in college and I get a few emails a month from students who are also currently in college and are thinking the same way you are.

I like what you guys are up. Such smart work and reporting! Phojes on the superb works guys I have incorporated you guys to my blogroll.

2) Sell the iPhones on Craigslist

You can usually find a better deal reselllng the model that is prior to the current newest model. The selling price that you quote should be able to repay you back and still help you make a profit from the sale. Are you looking for a mompreneur mastermind group that’s supportive and friendly? Making money reselling phones a Craigslist-only email address keeps all your Craigslist selling activity separated from day-to-day life. Note all the details on paper, because it’s easy to forget critical details. You can find what the iPhone is selling for and then use eBay completed listing search to see if there is an opportunity for profit. There are a number of ways to start getting your first batch of phones. Very handful of web sites that making money reselling phones place to be in depth beneath, from our point resellibg view are undoubtedly properly worth checking. When you pay someone cash for a broken phone, you never really know what you’re moneey, and more often than not you’ll get a piece of garbage. Take a look what is available reeselling, there is money to be made! Now get out there and make some money. That means you need to consistently buy new phones and sell them fast.