- Business and Employment
Finding Genuine Apple iPhones Wholesale
First: A Warning
Everybody wants to sell Apple iPhones. They're in demand, they're sexy, they're small and easy to ship, and they can be very profitable. Unfortunately, because of these factors, resellers looking to get into the wholesale iPhone business have two things working against them from the start. The first group are those who are looking to prey on you as a novice buyer who doesn't have enough knowledge of the market. The second group is the thousands and thousands of resellers who want to sell the same product as you.
The first group I mentioned can come in a wide variety of forms. No matter who they are or where they're from, they share a common trait: they're becoming increasingly difficult to spot. If you do a quick Google search for the term "wholesale iPhone" some of the top results you'll see are websites from China. It astounds me how these sites blast their way up to the top of such popular Google searches. It astounds me because 99.9% of them are scam websites that will either A) tell you they have the iPhone at a great price and send you a cheap Chinese knockoff when you order or B) tell you they have the iPhone at a great prices and won't send you anything at all but run away with your money. I'm sorry to break it to you but you're not going to buy a brand new unlocked iPhone 5 for $350 from a website you found in a quick Google search, don't you think everybody would be doing it?
The next group of people working against you are your competitors. Reiterating the very first sentence of this Hub: Everybody wants to sell Apple iPhones. The competition on these devices is incredible. Unfortunately, that makes it extremely difficult to make money in the market unless you have $20,000+ buying power to get them at a premium price.
Barriers to Entry
As you might have already imagined, Apple keeps their distribution chain under VERY tight wraps. To even be considered for a resale account with them you must furnish 3 recommendation letters from clients, vendors, and others working in your industry. You'll also need a resale license, general liability insurance certificate, and tax exemption certificate. I'm going to go out on a limb here and assume that 95% of those reading this post don't have more than 1 of the aforementioned qualifications.
To makes things even more difficult, even if you were lucky enough to open an account with Apple, you're going to be at a big disadvantage with your competitors who are also buying from Apple. These competitors includes the phone companies and big box stores like Best Buy who are purchasing millions and millions of units at deeply discounted prices.
Don't Give Up Just Yet
Alright so I might have really disheartened you by telling you that the Chinese sites are scams, your competition is stiff, and you're not going to get an account with Apple to buy iPhones directly. However, disheartening is not quite what I was going for. Let me get to the main point of this Hub.
I went through the same process as you the hard way. I'm a huge electronics fan and in my early online business days I wanted to sell the high price and high appeal items such as iPhones. Although I never placed an order from one of those Chinese sites (fortunately) I talked to them extensively before learning that none of them actually had genuine products. It was a huge waste of time and a hard way to find out the truth. I can only hope I save you some time by tipping you off now.
In the midst of my search for genuine iPhones I came across a few wholesale directories that claimed to have suppliers in their database that sold iPhones and other products at wholesale prices. I was always skeptical of those because I wasn't too keen on the idea of paying for access to information I thought I could easily uncover on my own. Well, as the old saying goes, you don't know until you try.
What I Found
The real reason I decided to take the chance and purchase a directory was because it wasn't much of a gamble at all. The wholesale directory I ended up purchasing offered a 60 day 100% money back guarantee. So if I didn't find what I was looking for I could just ask for my money back, no harm no foul. Well, thankfully I never had to do that.
The wholesale directory I opted for is called Worldwide Brands. I did a lot of research and read a lot of Worldwide Brands reviews before making the purchase and found overwhelmingly positive feedback from current subscribers who said they had a lot to offer. As soon as I completed the checkout I was granted immediate access to more than 8,000 different suppliers who offered 8.2 million products. It's all sorted out in a very organized fashion and you can search for a certain product and they'll show you what suppliers in their database carry that item.
With regard to iPhones, I found a few distributors and liquidators that offered iPhones but like I mentioned earlier, the profits just weren't sustainable. That didn't bother me though because I just felt like I was opened up to a whole new world of possibilities. The Worldwide Brands directory made me realize that I wasn't going to have success selling iPhones but that I could have success with so many other things. The beautiful thing was that they even have a market research tool that enables you to research the current search volume, demand, competition, and average selling prices of various items. I've used this tool for the past 6 years with huge success on finding profitable niche items that I've built successful online businesses around.
All those things are nice and worth the money but what really sets Worldwide Brands apart and makes it worth the investment is the time and money they've spent doing their due-diligence. One thing you can rest assured you will not find are sites like the Chinese one's I mentioned at the beginning. They have invested thousands of dollars to perform independent verification on each of the suppliers in their database. They have visited many of them personally, shook hands with employees, and even placed test orders to confirm legitimacy. These are all things that I am not even sure where you could begin considering placing a dollar amount on, it's truly invaluable.
I highly recommend at least browsing their site to see what they're all about. In the end, if you don't like what you see or can't find what you're looking for, simply request a full refund. Don't forget this is also considered a business expense that can be written off come tax season!