Buying Refurbished Apple iPhones Cheaply for Resale Online
When it comes to top tech, it doesn’t get much better than Apple’s blockbusting iPhone range. First launched back in 2007 to rapturous reviews, Apple’s flagship technology product has sold over a billion units and helped the company become one of the biggest technology companies in the world. To date, sixteen models of the iPhone have been produced by the company, from the original and its follow-up, the iPhone 3G, right up to modern models such as the 8, X and XR phones that are still selling in huge numbers today.
For resellers of wholesale electronics, having a steady supply of iPhones is a no-brainer. Not everyone can afford the often eye-watering prices of a brand-new iPhone, and there are plenty of customers eager to get their hands on an iPhone that won’t break the bank. Catering to this market can be tricky, however, as most wholesale sources of iPhones charge over-the-odds for the products, and often apply a secondary premium that brings each unit pretty close to retail price, thus lessening a resellers’ chances of making a decent profit.
So, where’s the best place to source iPhones at a great price that will leave both your customers happy and plenty of room to make a profit? The answer is to buy refurbished iPhones from an online liquidation marketplace run by a reputable, top-tier liquidation specialist such as Direct Liquidation.
What Is An Online Liquidation Marketplace?
An online liquidation marketplace is a sales and live wholesale liquidation auction platform through which resellers can purchase boxes, pallets and truckloads of surplus wholesale merchandise direct from retailers for a significantly lower price than a reseller would expect to pay if sourcing from a more traditional wholesale source. It is also a place where resellers can buy refurbished and reconditioned consumer electronics, in this case refurbished Apple iPhones.
What Are Refurbished iPhones?
So, what do we mean when we describe a product as ‘refurbished’? Well, it’s quite simple. A refurbished product – in this case an Apple iPhone – is a product that has been restored to an ‘as new’ condition and then graded on its cosmetic appearance.
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On Direct Liquidation’s online liquidation sales platform, you’ll find boxes and pallets of refurbished iPhone in the following grades:
These are iPhones that have been restored to factory spec, making them like new with no cosmetic damage whatsoever. These iPhones will come packaged either in their original boxes, in replacement boxes or in plain white or brown boxes. All original accessories will be either present or will have been replaced with new accessories and all original documentation will be present except for the original manufacturers’ warranty. Instead, Direct Liquidation provides its own 90-day warranty that commences from the date of product pickup.
Grade B refurbished iPhones are products that have been tested and restored to original manufacturer specifications in the same way as Grade A products, with all the attendant documentation and accessories present, as well as Direct Liquidation’s 90-day warranty. The only difference between Grade A and Grade B refurbished Apple iPhones is that the products have suffered some superficial damage. This very slight damage downgrades the refurbished product, meaning it is cheaper to buy, but also cheaper to sell to customers who aren’t concerned about the odd scratch or a slight bit of feathering here or there.
Grade C refurbished iPhones have again been restored to factory spec, but unlike Grade B refurbished iPhones, Grade C phones show significant defects and damage. This again affects the price they are both sold for and how much a reseller can expect to sell them to customers for. Again, a 90-day warranty comes with these products.
All three grades of refurbished iPhones have been extensively tested, cleaned and restored back to original manufacturer specifications with any broken parts replaced with new ones and any missing accessories replaced with new accessories. The condition of the phones reflects the price resellers will pay for this type of wholesale merchandise.
Buying Refurbished iPhones Online Cheaply
Buying pallets and boxloads of refurbished iPhones from a liquidator couldn’t be simpler. In Direct Liquidation’s case, all you need to do is sign up for a free account with proof of a valid resellers’ license and you’re then free to bid on or buy boxloads and pallets of iPhones as and when required.
You’ll find a product landing page dedicated just to Apple products on Direct Liquidation’s online liquidation sales platform, meaning searching for a boxload or pallet is quick and easy. Once you’ve settled on a boxload or pallet of refurbished iPhones you’re interested in purchasing, you have several options.
Most customers choose to take part in liquidation auctions for the lots they’re interested in. if that’s what you want to do, you can set up an email alert for the pallet or boxload of refurbished iPhones that you’re interested in purchasing. You’ll get sent a notification when the auction is about to start, and then it’s just a simple matter of entering bids while the auction’s live and seeing if you’re the successful bidder.
If you are, all that’s left to do is paying for your winning lot and arranging shipping to an address of your choice using either your own courier or the services of Direct Liquidation’s shipping partners. These could be significantly cheaper than using a third party, so be sure to check out what Direct Liquidation can do for you when it comes to handling the logistics.
If you do not wish to place bids in an online liquidation auction, there is usually the option to buy a boxload or pallet of refurbished iPhones at a fixed price via a lot’s ‘Buy it Now’ button. If that button’s there, simply press it and you’ll be taken straight through to payment. You can also approach the liquidator with your own cash offer. If the liquidator likes the price you’re offering for a pallet or boxload of refurbished iPhones, that’s the price you’ll pay.
However you choose to purchase refurbished Apple iPhones from Direct Liquidation, you can rest assured that you’ll be paying way under the MSRP value of each iPhone. That means you can offer your customers fantastic prices for this most desirable of products while keeping your competitors at bay and maintaining a healthy profit margin.
In this day and age, having a steady supply of one of the most desired consumer electronics products on the planet is vital for electronics resellers. Luckily, an online liquidation marketplace such as the one operated by Direct Liquidation has exactly what you’re looking for. So why not check out what they can do for your business today? Direct Liquidation is very much looking forward to doing business with you.
Direct Liquidation is a goTRG company.
Jordan currently works as a sales representative for Direct Liquidation, assisting businesses with product sourcing of liquidated merchandise from the largest retailers in the world. Whether you are looking for a pallet or a truckload Jordan is here to help you grow your business.
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