The pandemic has completely changed the way people use mobile devices. As remote working is gradually becoming a standstill, the use of mobile phones is increasing simultaneously. And this has led them to think of upgrading their existing smartphones to a better model.
In such a situation, while many buyers prefer buying new devices worth hefty prices, a large section of people choose second-hand used devices. No doubt why the used smartphone market is reportedly crossing the $52 billion mark in 2022.
Amidst this, connecting with a reliable and reputed cell phone wholesaler is a wise thing to do. Why? Well, you can start your own used smartphone selling business. It is a lucrative field due to the increased demand for online classes and remote work.
But, as a beginner, you might take the wrong step while purchasing used smartphones in bulk. Be on the safe side by understanding things that you need to be careful about.
Don’t Avoid In-Depth Market Research
Market research is essential for various reasons if you are starting a used smartphone selling business. First, you need to research and find suppliers, i.e., wholesalers trusted in the market. Check out different used phone wholesalers online and compare their prices. Ensure that the company you choose is capable enough of supplying your company with smartphones whenever needed.
Next, you need to figure out your market niche, which can be a geographical region or a definite customer base. For example, you can target Android or iPhone buyers specifically. Check out different stats to understand the everyday buying habits of people in your target market.
Look for External Damages
Used mobile phones can be of two categories – pre-used and refurbished. If you buy pre-used smartphones in bulk from any online seller, ensure that the company has fair return policies in case of any issues.
Genuine wholesale companies always divide their smartphones into grades like A1, B1, C1, etc. These grades refer to the physical condition of the phone. While A-graded phones will have the most minor scratches or dents, C-graded phones will have multiple visible dents and scratches.
On the other hand, a refurbished phone is one that has been repaired externally or internally to make it work. Therefore, it is crucial to check what products you buy because you need to resell them to your customers.
Look for Internal Issues
Just like checking the physical status of the phone, it is vital to check the internals. It is, however, a long process and, unlike finding scratches, dents, or blemishes, is time-consuming.
First, you must ensure that the SIM card slot is okay and the phone reads SIM cards. You can also try making calls to make sure that the phone can handle that. Especially refurbished phones must be carefully evaluated as they are more prone to having defects.
However, professional second-hand phone wholesalers usually test and certify that the devices they sell are running perfectly. If you find such a seller, you can avoid these hassles.
Wrapping Up
The trend and demand for second-hand smartphones are now more than ever. Look for a trustworthy cell phone wholesaler who can keep your store filled with Androids and iPhones. However, do make sure that you do a proper market survey to know your customers better.
