Buying refurbished electronics wholesale to resell can be a great business opportunity. In this guide we explore what refurbished electronics are, what the market is like for these products and how to choose a wholesale supplier for your business.
What are Refurbished Electronics?
Refurbished items are items that were returned, tested and restored to the manufacturer’s original specifications. There are several reasons why an item may get marked as refurbished including:
Items returned due to malfunction or defect then restored to manufacturer’s specs
Items returned for reasons other than a malfunction or defect (wrong size, wrong color, unwanted gift)
Items that were never used with a broken factory seal
Items that were returned due to box damage during the shipping process
If you’re thinking of starting an electronics resale business, there are a few things you need to know to be successful. In this article, we’ll take a look at how to get started, where to buy wholesale electronics from and where to sell them, both locally and online.
Initial Considerations Before Buying Wholesale Electronics
How much capital do you have? If you have the capital to start up your business immediately (including buying merchandise, obtaining a resellers’ certificate, paying any applicable fees, paying for storage etc.), then you can get started right away. If you don’t have the funds available, you will need to raise capital.
What are your inventory storage options? The amount of storage you’ll need will very much depend on the types of electronics you plan to sell. A smartphone seller, for example, will require a lot less storage space than someone specializing in selling f
Buying electronics wholesale to resell to end consumers is a well established business model. Sourcing wholesale electronics from reliable suppliers is the key to making this type of business a success.
In this guide, we will explore the market for consumer electronics in the US, and how to identify reliable wholesale suppliers.
The Market for Consumer Electronics
Between 2021 and 2022, the consumer electronics industry in the United States is expected to grow by 2.8%.
The global consumer electronics market was worth $850 billion in 2021 and is projected to have a compound annual growth rate of 5.1% in the following five years.
In this guide, we explore the top-selling Lenovo laptops in the US, enabling you to choose the best models to buy wholesale for your eBay store.
Lenovo, one of the top sellers in the PC market, has experienced a huge increase in sales just in the past year, with Q4 sales being substantially higher in 2021 compared to 2020, part of a general upward trend in sales.
Lenovo is a reliable major player in the market with healthy growth prospects, which makes it worth investing in for your ebay electronics store. Let’s take a closer look at this market in numbers.
(NOTE: all pricing, ratings, and sales figures are correct as of September 2022).
Why Sell Lenovo Laptops on eBay?
PC shipments throughout 2021 increased 15% compared to 2020 and 27% c
