selling mobiles online

edited 30 November -1 at 1:00AM in Boost Your Income
2 replies 514 views
freedom96freedom96 Forumite
1 Post
edited 30 November -1 at 1:00AM in Boost Your Income
hello. I'm new here and wonder if someone can help me?
I'm thinking about starting my own small business selling mobile phone I have had a look at wholesalers to give me some stock. but I don't know where I could find say a pack of mobiles I could sell online? . and I wondering how much profit I will make once I start selling mobile phone online . if someone can help or guide me on what to do as I don't know where to start at the moment and I would be grateful if you could give me advice on this. thanks :)

Replies

  • Natb8886Natb8886 Forumite
    30 Posts
    To be honest, if you are just doing this small scale you aren't going to be able to compete with the big retailers. They buy in huge bulk and can afford to offer concessions. You also wouldn't be able to sell contracts unless you did some deal with the networks to offer them, so you would be left to sell sim free handsets at quite high prices. Unless you cornered a niche market, like importing weird japanese phones or something. To be honest I think it will be quite difficult to get into the actual retail of phones (should have got on it in the 80s lol), but you could start by selling phone accessories and once you build up enough capital you could move over to phones. that is probably what I would do
  • soolinsoolin Forumite, Board Guide
    67.9K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    ✭✭✭✭✭✭
    I agree with Natb8886, the networks sell mobiles as the money is to be made on top ups and contracts, you would not be able to compete with the prices if they are using good models as loss leaders.
    I'm the Board Guide for the Ebay Board , Charities Board , Dosh & Disability , Up Your Income and the Local MoneySaving-England board which means I volunteer to help get your forum questions answered and keep the forum running smoothly. However, do remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com
    New to Forum? Guide
This discussion has been closed.
Latest MSE News and Guides

Card providers to reserve up to £100

When you pay at supermarket fuel pumps

MSE News

Cheap contents insurance for tenants

DON'T assume your landlord covers you

MSE Guides

Summer sizzlers round-up

Incl £2ish sun cream & £1.50 disposable BBQs

MSE Deals