We receive a ton of requests for reliable Apple iPhone wholesale distributors and drop shippers; the demand for high-end mobile phones is through the roof. The market is potentially profitable, but keep in mind that the market is fiercely competitive.
Online retailers make a living selling mobile phones individually in volume quantities, the profit margin for brand new Apple iPhones and other name brand mobile phones is between 2-8% per sale if you’re purchasing your inventory from genuine wholesale suppliers.
Apple Reseller Account Requirements:
Apple which has strict requirements in order to become approved as a reseller, listed below is a list regarding requirements in order for your business to become an Apple Authorized reseller.
- Minimum of three Apple, Industry References
- Eligible for $25,000 credit line with an authorized Apple Distributor.
- In business for two years and electronic retail experience.
- $100,000/yearly purchase requirement to maintain a Reseller account.
- You will be required to provide sales support for Apple products.
- Brick and mortar store requirement, sole internet sales are not allowed.
The Truth About iPhone Wholesale Distributors:
There is alternatives to purchasing directly from Apple, many online sellers purchase their stock from mobile phone distributors, brokers and drop shippers for brand new stock. Independent wholesale distributors for iPhones supply other respected brands, such as HTC, Motorola, Blackberry, and Nokia handsets.
Selling brand new phones is not the only avenue that you can take, liquidated store returns (Grade: A, B, C stock) and remanufactured handsets can be purchased for much deeper discounts leading potentially to larger profit margins.
Majority of people searching for iPhones wholesale make the mistake of finding suppliers at online overseas business to business marketplaces, let me clarify the assumption that you can purchase name brand electronics from China, which is not the case. You will only find yourself scammed out of thousands of dollars or end up with your product confiscated by customs for trying to import poor quality counterfeit product.
Retailing handset accessories and replacement parts continue to deliver sellers with terrific profit margins, typically the average gross profit margins for mobile phone accessories and parts is between %30 to %75 depending on the accessory and model of phone.
How to Find Wholesale iPhone Suppliers:
One of the most effective ways to find suppliers for your business is by attending industry specific trade shows for your industry. Trade shows allow you to meet suppliers in person and create personal rapport, you can also join trade associations that allow sellers and buyers to sell and buy inventory directly from legitimate wholesale distributors.
The iPhone provides a great opportunity for resellers and retailers recognize your opportunity for profiting from products that are in demand. I am experienced in product sourcing and been in the wholesale industry for 8+ years and I love every minute of my job.