thank you for posting
Simple business idea
#32
Posted 26 March 2020 - 04:04 AM
sure it can make money no doubt
but the profit margin isnt that high as you still have a relative high investment and then maybe can sell 10-30% cheaper at best+ you need to put money into advertisment
Profit % margains are sometimes really low, yes. Only for phones though. Things like cables, headphones, adapters etc will always give you at least 100% profit. Phones bring in more numbers but less % profit. Still sometimes you can make around 50-60% on one phone. It’s rare but does happen
#33
Posted 26 March 2020 - 04:06 AM
sure it can make money no doubt
but the profit margin isnt that high as you still have a relative high investment and then maybe can sell 10-30% cheaper at best+ you need to put money into advertisment
Advertisement is not necessary as you can sell your phones or whatever in local stores and give them a part of the profit. They won’t charge you anything else. Or you just do it the old fashion way, fix and flip phone on eBay or list it on Facebook marketplace in your local area just the way they are. I might actually add this to the original post
Users browsing this thread: