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3 contributions to NHB Phone Flipping
Transitioning from a Phone Flipping Side Hustle to a Business
Objective: To provide a structured approach to help individuals transition their phone flipping or buyback business from a side hustle to a full-fledged business, maximizing profits and efficiency. CORE FOUR FOR SIDE HUSTLE 1. Reach Outs: - Action: Send out at least 20 offers daily. - Script: "Hey, I run a business that buys phones, MacBooks, iPads, Smartwatches, cameras, and other electronics. If I could pay you cash today, would you be willing to go any lower on the price?" - Platforms: Use Facebook Marketplace, OfferUp, and similar platforms. 2. Ads: - Platforms: Focus on Facebook and Google Ads. Consider Instagram ads as well. - Objective: Generate inbound leads where potential sellers come to you. 3. Diversity: - Items: Focus on top 10 electronics including iPhones, Samsung phones, MacBooks, Smartwatches, cameras, iPads, PlayStations, and game consoles. - Goal: Gain knowledge and skill in buying and selling a variety of electronics to attract repeat customers. 4. Negotiation: - Focus: Master negotiation to improve conversion rates and profit margins. - Tip: Avoid asking too many questions before making an offer. Make the offer quickly and confidently. Expected Outcome: Following the Core Four for side hustles should yield an annual profit of $30K to $50K. TRANSITION TO BUSINESS 1. Google My Business Profile: - Action: Create and optimize a Google My Business profile to collect reviews and improve local search visibility. - Importance: Establishes credibility and differentiates from competitors who lack formal business setups. 2. Store Partnerships: - Targets: Establish connections with pawn shops, repair shops, and other resellers. - Approach: Use reach outs to contact stores and propose bulk buying deals. - Script: "Hey, I run a company that buys used and damaged iPhones, MacBooks, iPads, Smartwatches, Game Consoles, VR systems and more. I was wondering if you guys had any extra damaged stock you might be looking to sell?"
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New comment Jul 24
Transitioning from a Phone Flipping Side Hustle to a Business
1 like • Jul 22
“Hope this helps” like he didn’t just casually drop the blueprint to making this into a working business 💀
Where are you located? Let's connect and do some business
Drop your location in the comments, check out where other people are and connect, who know, you my end up doing business together.
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New comment Jun 17
Where are you located? Let's connect and do some business
1 like • Jun 16
New York City
1 like • Jun 16
@Christopher Schroeder Not really, it’s basically one place lol
This Week Sales
This week has been a record. Sold 7 items this weekend alone. During the weekday I sold another 8 items. All for-parts phones, iPads, and oculus. Told myself I would stay away from damaged phones because they’re “hard to deal with” but it’s literally all I sold this week lol
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New comment May 12
This Week Sales
1-3 of 3
Kevin Recinos
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14points to level up
@kevin-recinos-5537

Active 4h ago
Joined May 10, 2024
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