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Throughout the reselling process, various techniques played a critical role. Regularly checking Facebook Marketplace for cheap phones and actively negotiating prices allowed the seller to maintain a profit margin. This negotiation mindset positioned the seller to secure devices that could subsequently be resold at a higher value.
Diverse Acquisitions and Repairs
As the seller’s inventory expanded, they embraced sourcing multiple phones in a single day. Acquisitions included an iPhone 11 for $250, a damaged iPhone XR for $75, and an iPhone 13 needing a camera repair for $200. To ensure profitability, repair quotes were sought beforehand. This meticulous approach allowed the seller to invest wisely while minimizing risks.