The business of buying spoilt phones and gadgets.

[Stardom22]

There are many people who have decided to leverage on that type of work in the world. This is a very profitable business as nowadays more smartphones are being used and this means a higher demand for the broken screens, covers among other stuffs

 

[IB D]

That means a gadget can't be completely dead. There are some parts that might still be working and can still be used in other phones. But I think it really works well for them when the dead phones are popularly used phones.

 

[Bisolami]

I know of some guys that buy spoilt phones and computers. What do they do with this spoilt gadgets and what is the profitability of such a business?

They will sell the parts of the phone that is functioning very well to people who repair phones.

 

[IB D]

This kind of business goes to show that things don't just go to waste. Even though the phones are spoilt, they could use the parts to fix other phones. Phone engineers don't even joke with buying dead phones.

 

[cherry123]

This is not a bad business even for dead gadgets There are some parts that might still be working and can still be used to make money so people buy such

 

[Stardom22]

The business seems to be so profitable in deed. Most dealers get to sell some genuine spare parts from the spoilt phones and gadgets that they usually buying them at relatively cheap prices.

 

[IB D]

If they buy a spoilt phone at a throwaway price. They would sell it and make substantial profits. The panel of a phone has a good resale value of it is working and the phone model is popular.

 

[hastral45]

I know of some guys that buy spoilt phones and computers. What do they do with this spoilt gadgets and what is the profitability of such a business?

I have been seen the adverts of such business on social media. I know nothing about what the business entails. The potential profits in it. One thing I know is that they buy the spoilt gadgets at the very low prices. How the business pays them, no one know. What do they do with the spoilt gadgets?. Could it be they recycle them?.

 

[Chibson]

i have come across a lot of people who does such kind of business in different social media platforms. I believe the business is profitable that is why many people are engaged in it.

 

[hastral45]

It is a serious business so much so that these people send scouts to enter the Street and look for spoilt phones and bring for them to buy.

This is very common in my area. Though I couldn't detect its potential profitability in it. What I know is that if it is not lucrative, lots of people would not engaging doing it. They buy very cheaply. Where they dispose it, I don't know. Maybe the gadgets are recycled back into new and sell to the public.

 

[IB D]

They sell the parts of those gadgets that are still functioning to people whose phones has spoilt and need those parts replaced. If I have a phone that the IC is bad, they can replace it with a good one from a broken down gadget and charge me.

 

[Niyi Briggs]

This is very common in my area. Though I couldn't detect its potential profitability in it. What I know is that if it is not lucrative, lots of people would not engaging doing it. They buy very cheaply. Where they dispose it, I don't know. Maybe the gadgets are recycled back into new and sell to the public.

I think some of them sell it back to the manufacturers of that phone and gadgets. The companies would then use the parts in other phones. I think what they majorly want are the processors.

 

[cherry123]

The business is a profitable in deed for those into it. You would even get to sell some genuine spare parts from the spoilt gadgets and make even more money

 

[aovurevu]

The phone you thought is completely useless to you is not useless to them , even if they don't feel like repairing them and reselling, it is even much easier for them to make use of useful components in it which would even make them maximize profit .

 

[IB D]

I was once looking for a panel for my phone. It was at that point that I realized that spoilt phones business can be lucrative. The panel was sold so high to me.

 

[Niyi Briggs]

Spoilt phones are regarded very highly by repairers. It may just be a small thing that is wrong with a phone and it is packed up. They buy cheap, repair and sell high.

 

[moneywise2021]

Those who have the knowledge can earn a lot of money doing this. Sometimes the outside looks busted up but the inside parts are good and the sometimes the inside is parts are broken and the outer shell is in perfect shape. then they fix the issues and sell them for profit

 

[Heatman]

I see people on Facebook advertising to buy dead panels of phones. It was at that point that I knew that dead panels of phones can be repaired and made to work again.

Panel changing is a good business. My cousin sells them and he's making good money from it all the time.

 

[Niyi Briggs]

Panel changing is a good business. My cousin sells them and he's making good money from it all the time.

Truth is that they buy this dead phones especially models that are popular and keep them. When the job of changing panels come, they just cashout their investment with a huge profit margin.

 

[cherry123]

Some phones and gadgets are not totally useless you thought ate completely useless those into them knows this and take good advantage of it. to make money off it too