Business Education

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

If you specialize in selling consumer electronics, there are many factors to consider when choosing a wholesaler. Factors such as price, quality, range, and product saleability must all be considered before deciding which wholesaler is best for your business. For those looking for a great range of new and refurbished electronics sold for prices well below their MSRP value, you need to check out what GO Wholesale has to offer.

The Advantages Of Buying New And Refurbished Electronics From GO Wholesale

• A huge range of new and refurbished consumer electronics.
• We carry electronics