If you get to visit a town, you will come to realize that there are so many shops selling phone. Their large number is enough to convince you that this business is well paying. The best thing with this business is that in phone companies always brands their shops just for free and also they always sell them the phone at a very favorable wholesale prices. These companies always support these shops by doing a lot of advertising. So the companies do the marketing job for these shops.These shops always make money in several ways. The first one is that they are given certain offers by the phone companies. Such that when they sell certain number or phones from that company, they get a commission. So the more the number of phone they sell, the more the money they make. The commission always vary depending with the phone models and also the companies that sell these phone.
Secondly, these shops are given phones by the companies with a certain whole sale price. When they sell these phones at a retail price, they manage to get a certain profit. The Profit they make, will always depend with the phone model. Phone with high prices always makes more profit. Right now most people are using smartphone costing 10,000 and more. A shop that sells this phone makes about 1500 to 3000 profit when you buy a phone worthy 10,000.This is quite a good money because if a shop manage to sell 10 such phones in a week. It will make around 20,000.
For you to start this shop you will need a good capital of about 200,000 depending with the model of phones you will need to sell.These shops pays high rents because they are located in streets that have expensive business houses. Another thing is that some employ more 2 to 4 attendants to serve many customer. As you can see from the statistic, these shops make good profits.
Content created and supplied by: Lucasnews (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More