Is selling mobile phones a good business?

[cherry123]

Garage selling is good for both the seller and the buyer. one gain what is being bought at a lower price while the other gain money from selling.

 

[funkie]

I remember a few years ago many youngsters used to open a shop to sell mobile phones, recharge coupons, mobile phone chargers and other phone accessories and at that time it was very profitable but nowadays I don't see people doing that, maybe online selling has reduced their business. What's the situation in your place.

I think the point you make about online selling is very valid. At my end, I think offline mobile selling is still very popular and profitable, so it really is a business to look into in my region.

 

[Sanjeev]

I think the point you make about online selling is very valid. At my end, I think offline mobile selling is still very popular and profitable, so it is a business to look into in my region.

But the business might have reduced at your place also because people like to buy the phone online .

 

[Magnus2022]

Initially, it is very lucrative and people are making profit relatively fast. But now, there are many people that are into the business thereby influencing the price negatively. Secondly, phone companies are manufacturing new phones and making it to cheaper.

 

[Sanjeev]

That is true, nowadays as these shops used to repair mobile phones too and when now mobile phones are cheaper than in the past, now people don't get them repaired but buy a new one when they have some fault in their phone.

 

[averygirl]

I think it needs a big capital to sell many units of mobile phones and accessories. You should also determine your market. Is it for the upper class or lower class

 

[Sanjeev]

Of course, it needs huge capital as mobile phones are costly and you have to build inventory in your store.

 

[SHAHID987]

In my area mobile phone selling is still a good and profitable business, people are doing it by their shops plus many are selling online. I myself sold many mobile phones online.

 

[hastral45]

Given how frequently people use their mobile devices, you could find success in the mobile phone industry. You can start a profitable cell phone retail business from the comfort of your own home or a regular retail outlet.

Yes o. Some people even go to the length of importing phone and it's accessories online in a mini scale. There is huge profit to be made from the phones business if you know how to do it.

 

[Golden9]

It is still a valid business model because not everyone knows how to order things online. Also, the delivery fee can be very high compared to getting the items by yourself.

 

[Hate2Wait]

Smartphones will be always popular so it's a good business but I have to see how they keep so much stock as there are so many smartphone brands now

 

[Sanjeev]

Yes this will always be a good business because mobile phones are always in demand because nowadays every member of the family have a mobile phone.

 

[cherry123]

Mobile phone will always be needed as even the children in the home will grow to get a phone for themselves

 

[Alberello75]

Well, I would agree if one does a direct sales job of new cell phones online or in a store. But by selling used phones, instead in my opinion the good business could only be done by the buyer, always assuming the cell phone in question is almost like new, in good condition and paid a price advantageous.

 

[cherry123]

Selling of mobile phones is still profitable even when it is not really lucrative but sellers are still making profit off it.

 

[IB D]

The sales of mobile phones is a very good business. The only thing that it requires is location. If your location is good, you would succeed with the business. Look for a densely populated place.

 

[arunima]

Mobile phones are no more a luxury. It has become the basic need for survival in today's world. Every one is so dependent on their smartphones and they need it for their day to day life. So, I guess the demand for mobile phones is not going to fade away any sooner. People keep on updating their gadgets as new and new models get into the market with new features. It's not like a long term investment. Most people purchase a new mobile phone every two to three years to stay in race with the new technology. The demand is always there.

 

[Alberello75]

Mobile phones are no more a luxury. It has become the basic need for survival in today's world. Every one is so dependent on their smartphones and they need it for their day to day life. So, I guess the demand for mobile phones is not going to fade away any sooner. People keep on updating their gadgets as new and new models get into the market with new features. It's not like a long term investment. Most people purchase a new mobile phone every two to three years to stay in race with the new technology. The demand is always there.

I totally agree that the demand for mobile phones will always be there now due to people's indispensability to always have a mobile device with them. However in this period of crisis first caused by pandemic and now with the Russia-Ukraine conflict, has led many people towards a poverty factor that, even in European countries, they are now starting to give priority to having first of all the essential goods.

 

[Shavkat]

Given how frequently people use their mobile devices, you could find success in the mobile phone industry. You can start a profitable cell phone retail business from the comfort of your own home or a regular retail outlet.

I agree with the idea of having the place to sell and that is in the comfort of our homes. One of the advantages is you do not need to rent a place to venture with this kind of business. I also think that it can make the products lower its prices because the owner is not paying the rental.

 

[Heatman]

I remember a few years ago many youngsters used to open a shop to sell mobile phones, recharge coupons, mobile phone chargers and other phone accessories and at that time it was very profitable but nowadays I don't see people doing that, maybe online selling has reduced their business. What's the situation in your place.

Yes of course I believe that selling mobile phone is a very good business because it is a business that is always bringing you sales all the time as people will always keep changing their phone from time to time.