How do authorized cell phone dealers make money

Eventually, many of those dealers also licensed the branding of the builder, which is why you might buy a Ford from Bob’s Ford or Hank’s Ford, but there’s a giant Ford logo up there. Small lettering under the Verizon logo said it was an «authorized reseller. The heraldry was pure Verizon.

Compare Business Opportunities

In the past, starting a cell phone business usually meant stocking thousands of dollars in inventory and buying or renting a commercial location from which to sell. Many cell phone companies now provide opportunities through which you can become an authorized dealer or affiliate, selling without ever purchasing a single piece of inventory or shipping even one phone. Contact cell phone companies, such as T-Mobile, Boost Mobile and Verizon, in your area and request information about reseller and affiliate opportunities. Specify that you want the opportunity to set up a website through which to sell without having to stock phones. With this set up, customers can order through your site dealefs the company will ship phones directly to the buyers.

Is There Money In Starting A Cell Phone Business?

Becoming a cell phone dealer can be a very appealing and rewarding career. If done well you can make a decent living, set your own hours, and even employ other people. Being a cell phone dealer allows you to explore your love for electronics and keep up with the latest technology. In order to become a cell phone dealer you must conduct research, develop a business plan, and open your business. This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Together, they cited information from 10 references. Categories: Retail Sales Skills.

How To Make Money With A Cell Phone Store?

Becoming a cell phone dealer can be a very appealing and rewarding career. If done well you can make a decent living, set your own hours, and even employ other people. Being a cell phone dealer allows you to explore your love for electronics and keep up with the latest technology.

In order to become a cell phone dealer you must conduct research, develop a business plan, and open your business. This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Together, they cited information from 10 references. Categories: Retail Sales Skills. Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article.

We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Home Categories Work World Occupations. Article Edit. Learn why people trust wikiHow. Learn more Talk to local cell phone providers. Start your research by asking local cell phone dealers about their experience becoming a cell phone dealer. Ask them what their day to day work is like. Discuss commission and rate of pay that they receive from the service provider.

Gain knowledge through experience. Find a job with a local cell phone dealer. Many cell phone dealers hire cashiers or sales agents. Working with a cell phone dealer will give you hands on experience to better prepare you for this career path.

Research service providers. Authoorized cell phone dealers offer more than one service provider within their business. Ask about commission rates and pay schedule. Know how much capital you will need to begin your business. Ask for any other application requirements that they might have such as a business plan, resume, credit check, or credit availability.

Survey the how do authorized cell phone dealers make money. Scope out the areas that you would like to set up shop. Actually ask the people in the area amke they would be interested in having a different option in cell phone providers in their area. Create an online survey and post it to local social media group or email listservs. Select a service provider. Choose a service provider based off of your previous research.

You may even want to choose more than one service provider in order to offer a variety of choices to edalers customers. Make a choice based off of expected return, coverage in your area, and the application requirements. Develop a business plan. Before you apply to become a dealer or ask a bank for a loan, you should develop a business plan. Your business plan will explain the objective of the company, make financial projections, and list marketing strategies.

This business plan will be submitted to the service provider with your application and to a bank if you are applying for a loan or line of credit. Obtain the capital needed. There are a lot of costs associated with becoming a cell phone dealer. You will need capital for your initial investment in inventory, rent, utilities, and marketing materials. This money can be in the form of cash, business loan, or line of credit.

They estimate that it will take you six months to break. Submit an application to the service provider. Each service provider has a different method to apply to become a dealer. Moneg your application you will need to provide a business plan and proof that you have enough capital.

Decide on a location. Find a storefront for your new business. You can do this process on your own or through a real estate agent. A realtor will help you to locate good locations within your price moneh and negotiate the price and terms.

Analyze parking or the convenience of your shop. Determine how much space you will need to display your products. Purchase the inventory and marketing materials. The majority of your inventory will be purchased and supplied by the cell phone provider.

You will need to purchase cell phones, tablets, and accessories. You will also need to purchase display cases and marketing materials such as business signs, promotional displays, and brochures. Set up your store. Once you have all of your materials, you need to set up shop. Place your inventory in display cases.

Hang signs and promotional displays. Decide on and display your business hours cealers customers to see. Advertise your new business. Use a variety of advertising methods in order to attract a wide array of customers. Place ads in your local newspaper. Rent billboard space in high traffic areas. Record commercials for television or radio.

Sponsor a non-profit event. Ask the service provider that you are interested in carrying for details about the costs associated with becoming a cell phone dealer pyone their company. Yes No. Not Helpful 0 Helpful 1. Unanswered Questions.

How much does it cost to become an Assurance Wireless authorized cel Answer this question Flag as Flag as Include your email address to get a message when this question is answered. Already answered Not a question Bad question Other. Tips Do your market research before deciding on a service provider or location. Warnings Your first business may not succeed. Use it as a learning experience to create a better business plan how do authorized cell phone dealers make money the future.

Avoid the urge to apply to become a cell phone dealer with a service provider before you meet all of their required qualifications. Related wikiHows. Article Info This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Did this article help you? Cookies make wikiHow better. By continuing to use our site, you agree to our cookie policy.

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Beau Hamilton 6 days 8 hours ago. All the point-of-sale cdll were Verizon-branded. But back in pyone, Apple decided to launch its own, company-owned stores. The difference between the price you charge customers and the price you pay for the cell phones is your profit. They had it working in under 30 minutes. Local business people knew their community and their needs, so partnerships arose that provided for what became the retail distribution channel. When purchasing a new cell phone, it’s common practice to do some research and find the best deal available. The sales person may say one thing, but the fine print may obligate you to something far more heinous.