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Tips for Buying Used Wholesale iPhones

Tips for Buying Used Wholesale iPhones

In recent years, the used smartphone market has been booming. Trade in used cell phones has risen on the back of customers looking for better value from their smartphone purchases and diminishing interest in keeping up with the ‘latest iteration’ new release cycle, now worth an estimated $20bn dollars worldwide.

The way that wholesale supply has evolved is another reason for the rapid growth of the pre-owned phone industry. In the past, a piecemeal affair left mostly to small-time online operators was the business of acquiring, refurbishing and selling used handsets traded in when a customer purchased new phone.

Now, to the next level, larger-scale professional outfits have taken the used phone wholesale. Capable of sourcing thousands of devices at a time covering all the top models, our robust reconditioning and grading service and US-wide distribution network ensures that retailers can get the models their customers want, when they want, and be 100% positive about the quality of the handsets they purchase.

Inquiries from distributors looking to stock second-hand smartphones want to start with the biggest brands, such as Apple’s iPhone, and sometimes ask for guidance on what to look for when purchasing wholesale devices.

So here are some of our top tips for buying wholesale used iPhones.

Find a reputable dealer

The importance of doing your due diligence on who you are purchasing used iPhones from can really not be emphasized enough. Unfortunately, there is a wide black market for second-hand products run by unauthorized operators, as with many high-value electronic gadgets. Many of them are able to dress up as legitimate companies through the internet.

The danger you take is that orders never arrive, low-quality devices are sent, or stolen goods are even sent. There is no need to take such risks-just do some background checks on the company you are proposing to work with, ensure that they are properly licensed, search around for feedback and consumer reviews, and make your choice based on credibility and proven credentials.

Source stock for quality, not availability

A lack of supply of high quality used stock is one problem we hear most from used iPhone retailers. They claim that they are left to take whatever is available to their supplier, and are frequently frustrated by the physical and operating state of the device. This means that they either have to sell on, earning little margin, for a knock-down price, or else buyers are unwilling to purchase the handsets at all.

In order to prioritize efficiency, we will always advise retailers. Never just embrace inventory just because that’s what a retailer has available-if it’s not what you want, or you’re not pleased with the quality, look elsewhere.

Tips for Buying Used Wholesale iPhones

Also Read : Why People Keep Buying iPhones And Why iPhone Reselling Is Easy?

Check to see if you can benefit from Marginal VAT

For second-hand products retailers, the VAT Margin Scheme is a special tax benefit that provides a lower tax rate and calculates VAT on the margin you make on every item sold, not the full selling price, as is normal. That means that by selling used wholesale iPhones, you can make some essential tax savings. The scheme has strict guidelines, however, and eligibility all depends on whether or not the wholesaler has paid VAT (it only applies when no VAT has been paid on the items previously). Therefore, you have to source stock from wholesalers who also work under the rules of the scheme to take advantage of the scheme.

Buying used wholesale iPhones

One of the advantages of working with a larger Cellphone wholesaler is that the top labels and models are often highly accessible, and our grading system is extremely detailed. On both the marginal and the normal VAT system, we supply from Grade A Pristine to C and even D.

Become a JNA Dealer & Sell Wholesale Cellphone Products


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What is Great About Phone Resellers?

What is Great About Phone Resellers?

One of the easiest options is to go through a reseller to get a cheap smartphone deal. But what are they? Let’s take a look

Your first port of call is usually to browse phone deal offers on comparison websites, while you’re getting a new phone contract. You will be sent in one of two directions when you click on an offer that looks good: either to a mobile network (like Sprint or T-Mobile) or to a reseller. What’s the difference then? And is this reseller stuff any good?

What is a phone reseller?

A business that provides mobile deals is a mobile phone reseller. Exact business models vary from business to business, but this is the general gist of it:

A reseller purchases fresh handsets from a wholesale network or takes on refurbished ones – good-as-new phones sent back or sold by their last owner. The reseller then sells consumers at a discounted price on such phones, complete with a contract from the network in this case. The price is even cheaper for you because the reseller got his hands on the phones cheaply.

What is great about phone resellers?

Isn’t it safer to go to a network directly?

Not always!

When you take out a cell phone contract through a reseller on a particular network, you get coverage from that network – it’s a genuine contract that it’s going to comply with, just the same as if you had gone and got a deal directly. That requires customer support and all the same benefits that the network provides.

For instance, let’s say you got an iPhone X on AT&T from a reseller. You’re going to get a fancy deal at a lower rate than if you went straight to AT&T, but also with the coverage and service of AT&T and access to AT&T Wi-Fi hotspots. AT&T will work things out if you have issues with your service, while if there is a technical issue with the device, you will need to contact either the reseller or the manufacturer of the product.

Also, Read: How to Start a Cell Phone Business The Right Way!

The handset you will get will come from a batch purchased wholesale by the reseller, or it will be a refurbished one that has been thoroughly checked. In other words, either the phone is similar to the one you will receive directly from the network, or it has gone through an additional round of tests and is literally as good as new.

Resellers are allowed to offers a deal from the network, so you can be confident that all is above board. For all, it is mutually advantageous: the network gets a discount, the reseller gets a cut, and you get a cheaper phone.

What is great about phone resellers?

  • With a direct network deal, you get all the same perks, such as coverage, priority passes, Wi-Fi connectivity, and so on.
  • Most of them have a wide variety of deals, and from all sorts of networks, so you can choose what suits you best.
  • You can save on the price you pay upfront or on your monthly bill, deals from phone resellers are also much cheaper than ones directly from networks. or both!
  • For resellers, it is often popular to throw in extras, such as cashback or free gifts.
become a phone reseller

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