Business Education

The Sony PlayStation 4 has proved to have remarkable lasting power. New units are still selling in high numbers despite the console’s successor, the PlayStation 5, having been released in 2020. Worldwide, the PS4 has sold a whopping 114 million units over the course of its lifespan, making it the second-best-selling console of all time after the PlayStation 2. 

For resellers of consumer electronics, is the PlayStation 4 worth investing in? While sales of brand new Sony PlayStation 4 units may inevitably start to slow over time as more and more gamers turn their attention to the console’s successor, there are still plenty of customers out there wanting to get their hands on a Sony PS4, especially since Sony ann

If you sell or are considering selling refurbished smartwatches on Amazon, what are the top-selling models you should be looking out for in 2021? Where should you be sourcing them from to ensure you pay the lowest possible prices, maximizing your chance of making a healthy return on your investment? Let’s take a look.

The US Smartwatch Market In 2021

The modern smartwatch revolution began in 2014 with the launch of the Gear S. by the South Korean electronics giant Samsung. Apple would not launch its first smartwatch until the following year. Reviews for the Apple Watch Series 1 were mixed, with many critics citing poor battery life and hardware problems as serious issues.

Despite the criticism leveled at the first-generation Apple Watch, early signs that it was here to stay were good, with 2015 sales of 4.2 million and 11.5 million Apple Watches shipping g

Over the years, Amazon has elevated the quality of its services and the products it provides to a very high level. Now, when you are selling merchandise online, it is impossible to look past Amazon as a primary option. However, there are certain things you must learn before setting up an Amazon account as a seller, especially regarding fulfillment. 

In this article, we will look at a couple of fulfillment options available on Amazon. We will also look into the potential Fulfillment by Amazon (FBA) wholesale suppliers you can work with to stock your store with consumer electronics. 

• Amazon offers Fulfillment by Merchant (FBM) and FBA options
• As a seller you can use either FBM, FBA or a combination of the two
• 91% of Amazon sellers use FBA
• Refurbished consumer electronics can be sold on Amazon
• GO Wholesale refurbished

When considering new business options you can start on a limited budget, reselling merchandise has become a particularly interesting option. Reselling merchandise you purchased at a low price is the sort of business you can run (on any scale), from purchase to sales, from the comfort of your home. However, jumping headfirst into a business will bring you more trouble than profit. In fact stats show that around 20 percent of businesses close their doors one year after starting up. Only 30 percent of businesses survive their first decade. 

In fact, if you are employed currently and are not sure whether you should leave your job and explore the entrepreneurial waters full time, starting your resale business on the side would be the best option for you, at least until you find the right market and business model to commit to.

Selling refurbished electronics online

Customer behavior has changed over the course of 2020. The outbreak of the Coronavirus pandemic led to a large number of people being forced to work from home. This resulted in a shopping spree for laptops and other devices. Stores were soon out of stock when it came to brand new models, or, at least out of those models that were accessible to average buyers. 

This led to a rise in popularity in the resale industry, and saw a large increase in demand. The average buyer turned to refurbished electronics for their home office needs. If you are a reseller who offers, or is considering offering, refurbished electronics, and is looking for a reliable source to load up on inventory, you’ve come to the right place.

In fact, the refurbished e

There was a time when the refurbished smartphone market was relatively small and didn’t look to be going anywhere fast. Spin back to the early 2010s and an abundance of new models, consumer enthusiasm for anything shiny and new and an economic recovery following the 2008 crash, paired with customer willingness to take on credit debt, meant most customers were happy to trade their old phones in for brand new ones every couple of years. Refurbished smartphones were mainly the preserve of discounters and customers who were not able to take advantage of cheap credit deals.

How times have changed! By 2019, global shipments of secondhand and refurbished smartphones had reached a total of 206.7 million units, with projections that this will increase to 332.9 million units by 2023. What in 2013 had been a small market, was by 2017 a global m

Smartphones have become an essential part of modern life. But if we were to look into the devices that got the most attention in 2020, what would we find? What are the main reasons one phone sold more than the other: is it the specs, the brand appeal, the camera quality, or the price? Is it a combination of factors, or which smartphone gives more value for money? Let’s find out which smartphone has come out on top this year. 

The Smartphone Market in the United States

The U.S. smartphone market is among the largest in the world, with over 275 million users. In 2020, 126.3 million new smartphones were shipped to customers, with the sales value in the United States reaching $77.5 billion. Looking at the United States specifically, Apple has the largest market share with 40 percent i

When it comes to selling online, whether through direct selling, Fulfilment By Amazon, or even just online affiliate marketing, using the right tools can enable an online seller to increase their income. Considering that, having the best tools is essential for online businesses, especially when undertaking market research and improving the decision-making processes. Here are the top 5 tools any Amazon or eBay seller can use to improve their online business performance.

1. Jungle Scout

As a highly acclaimed all-in-one platform for Amazon sellers, Jungle Scout offers a range of services, starting from keyword research to product tracking. The platform’s user-friendly interface can help you find what you need to make your business successful and competitive.

The services offered by Jungle Scout are as follows:

The ‘Opportunity Score’

If you’re reselling wholesale merchandise, you’ll want to speed up all aspects of your business as much as possible to free up the most amount of time and make the maximum amount of profit from the merchandise you sell. Here we explore some of the best tools available to help increase automation.

Accounting Tools

One way you can increase automation in your business easily and for a relatively small financial outlay is by using accounting tools. By far, the most popular tool is QuickBooks.

For small to medium-sized businesses, QuickBooks is an essential accounting tool that, depending on the size of your business, is well worth the relatively small monthly investment. With QuickBooks, you can keep track of your cash flow, easily create invoices for your clients, prepare what taxes you need to pay, pay all your bills easily and generate financial reports at

As an online seller, you can use certain tools and supplies to make your packing and shipping process simpler. Some of them are as follows:

1. Shipping Boxes

Since anything you will be directly shipping to the customers has to be in a box, you ought to have a constant supply of good quality boxes. Companies like Lowe’s, The Home Depot, U-Haul, Uline