The Ultimate iPhone Flipping/Reselling Guide
What is Phone Flipping?
Phone Flipping is, Buying Phones for Below Market Value on Marketplaces and Selling them for the True Market Value—a Glorified Middle Man, which is one of the best Business Models.
You don’t have to Create the Product, Market it, or Create a demand. EVERYONE is in need of a Phone in 2024. Think about it, If you break your Phone – You can’t go a day without it. So you resort to getting it repaired or buying a new one. There is so much demand in this Game.
However, just because there is demand doesn’t mean you will sell instantly at whatever Price.
It’s very important to spend your time researching the phone Markets, as different Towns and Countries will have their own. Don’t expect to find a Spreadsheet that gives you all the Flip Prices.
How to get started
Take Action.
If you have a Budget of 100$/£ then you are ready to go. If not? Grab whatever Valuable items you don’t need or use List it on FB Marketplace and Stack your Money.
Once you have enough to buy your First Phone, go onto FB Marketplace and search for “iPhones” Change the Filter to “Within 24 hours” under the Date Section. Then Filter it to “Newest First”
Scroll and Search for Deals at least every 30 Mins.
Now let me Break it down and give you an Example.
“iPhone 11 64GB”
It’s an iPhone 11 in Great Condition and Unlocked to all Networks. Listed for £80
Now what you do is find the most Accurate Market Value
Find the Market Value of the Phone you are looking to Flip
There are several ways to do this however the most accurate is eBay’s Recent Sold
Simply search the Model Name E.g “iPhone 13 128GB”
Then select “Filter” on the top right section.
Scroll down till you see “Sold items” then toggle it.
This will show you the dates and prices for the sold model.
Find the most accurate to yours, Take Storage, Condition & Accessories into consideration.
However, this works best with Experience. Depending on where you are Buying/Selling there will always be adjustments that will be needed. All Factors matter.
Spend time learning the Market as we Rely heavily on it.
Right so now you know how to Buy and Find the “Flip” Price
The next steps to take are:
Cleaning, Taking High-Quality Photos, List it and Sell it
Cleaning is Pretty Straightforward, Just use Baby Wipes or Wet Wipes, for the best results ISO Alchohol 99.9%
Be sure to get a small tool to scrape the dirt out of the Speakers, Charging Port but be Careful with the Charging Port – You don’t want to bend any of the Pins so only clean if necessary
High-Quality Photos (Important)
Bright lit-up room with sunlight.
Nice background that doesn’t match the Color of the Phone
Avoid taking them like this:
And work on being able to take Photos like these:
Show every angle, and make sure to show the Battery Health if it’s high (in the 90%) if not just list it in the description
The more Phones you flip, the better the Pictures will be.
You can invest in more stuff when it makes sense to, for example, Ringlight, Phone Stand, Background.
Listing the Phone
“iPhone 13 – 128GB | Great Condition”
“The Model, Storage, and Condition.
The description can be like this
iPhone 13 in Great Condition always been kept in a Case with Screen protectors, Hardly any signs of use
Unlocked to all Networks, 90% Battery Health
Everything works as expected and is iCloud Unlocked
More than happy to test it out before Purchasing”
Summary
Phone flipping is a simple yet profitable business that leverages high demand for affordable smartphones. By finding phones below market value, cleaning and presenting them well, and listing them accurately, you can quickly turn a profit. Success in this field depends on consistently researching market prices, identifying good deals, and refining your buying and selling skills. Start small, improve your listings with clear photos and detailed descriptions, and learn from each flip. Over time, as you gain experience, your understanding of market dynamics and pricing will help you grow your earnings and expand your flipping business. Take action, stay consistent, and watch your investment grow.