Saturday, April 18, 2009

How to Make Money Selling Mobile Phones on Craigslist?

Do you want to make money buying and reselling mobile phones, but do you want to limit your startup costs? If so, instead of opening a full fledge online mobile phone store, consider selling on Craigslist.org.

If you didn’t already know, Craigslist.org is a popular online classified website. So, why is it a good way to make money selling mobile phones? Because it is free. There is no fee for internet users to buy, sell, or trade on the website.

The first step in making money by selling mobile phones on Craigslist is to have phones to sell. Decide if you want to sell new phones, used phones, or of both. As for how you get these phones, try various different avenues. Although most wholesale suppliers have a minimum purchase requirement, not all do. You may be able to purchase just one case of mobile phones to resell. Search eBay.com and even Craigslist for cheap phones. It is easy to find used phones for sale cheap because current owners don’t know their full value or they just want to get rid of the phones. For new phones, look for good deals. If a local store has a buy one, get one free sale, you could resell both phones for a profit.

To sell mobile phones, create a free account on Craigslist.org. An account is not required to post for sale advertisements, but it will only take a few seconds of your time. This also enables interested buyers to contact you through the website.

Once you have a created a Craigslist account, you are ready to post a for sale listing. First, determine where you want to sell. If you want to sell locally only, find your state and the nearest city from the main page. Craigslist targets local buyers, but you can post a for sale advertisement in a different city or state. If you take this approach, state you will ship the mobile phone. To generate interest, offer free shipping.

After visiting the Craigslist section for the city you want to post an ad, click on the “post to classified,” link. This link can be found on the left-hand side of the page. You will need to select which type of advertisement you want to place, which is a for sale ad. Next, choose a category. For mobile phones and accessories, choose electronics. Now, you are ready to create your for sale listing.

Even if you are selling mobile phones part-time or in your free time, it is important to conduct business in a professional matter. This begins by clearly outlining what you are selling. It is fine to sell used cell phones with cosmetic damage, as long as you state this. Don’t let a buyer think they are getting a brand new mobile phone if they aren’t. So, start by describing the phone. State whether it is new or used, if it has cosmetic damage, list the make and model number.

It is common to find cell phones for sale on Craigslist. For you to make money, set your listings apart from the rest. This begins with fair prices. Yes, you want to make a profit, but you also want to make a sale. Don’t try to sell a mobile phone for a lot more than it is worth. The key to making a profit with resale is to buy it yourself at a low price. That is why you should examine wholesale suppliers. Make it known your buyer is getting a good deal. Do you have a like-new phone available for sale for $50 that retails new for $150? State this. Buyers want to see they are getting a good deal.

Most importantly, post pictures. For sale listings with pictures not only help to generate interest, but they increase sales. In terms of mobile phones, most people want to see if there is any cosmetic damage and make sure they are getting a “cool phone.” Don’t use a stock model, but take a picture of the phone you are selling. Use a digital camera or another cell phone with picture taking capabilities.

In your listing, post contact information. This can be an email address, phone number, or both. Most buyers will extend an offer if interested, but some will contact you with additional questions.

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