In today’s world, everyone wants to own an iPhone. It is this huge demand for Apple smart phones that has lured many people into the extremely competitive game of selling iPhones. This basically involves purchasing apple products in bulk and then selling them to individuals. Since you are buying the products in bulk, you get a certain discount on the retail price of the item which will basically be your earning. This is easier said than done though and don’t think that you can just open up a shop somewhere tomorrow and start making money this way.
If you are purchasing products from authentic suppliers then you can look at earning anything between 2% and 10% depending on how well you can negotiate and how many pieces you buy in one shot. But even if you have the money to invest and are raring to go, there is a whole list of requirements from Apple which you need to fulfill before you can call yourself an authorized reseller. Let’s take a look at a few of these requirements:
1. You will need to have at least references from someone who is part of the Apple industry.
2. You will need to already be eligible for a credit line of at least $ 25,000 from any authorized Apple distributor.
3. You will need to have experience in electronic retail with a commercial establishment which has been running for a minimum of 2 years.
4. You will need to agree to a yearly purchase requirement of at least $ 100,000 in order to have a reseller account.
5. You will have to provide active sales support for all the Apple products which you sell.
6. You will need to have a traditional brick and mortar store. You can’t just sell iPhones off the internet.
When it comes to buying iPhones in bulk, many people think that they can save a lot of money by making these purchases abroad instead of locally. What these people don’t understand though is that the phones that they are buying from China aren’t authentic iPhones. They are just cheap rip offs which are not going to be worth more than a few dollars in the American market. So instead of trying to save that additional 40-50% on the price of the phones just find a proper distributor around you and negotiate your prices with them directly. And no matter what you do, ensure you check the product you will be buying thoroughly before making any bulk purchases. You wouldn’t want to be stuck with 100 faulty iPhones now would you?