this post was submitted on 26 Nov 2023
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Do you make over $5000 a month ? Yessir the business normal does over $40 k usd a month with 25% profit margins on average!
If you do can you say what you do- I’m an international electronics broker, I’m buying resell 10,000s of electronics locally and internationally a reasonable profit
How you started it? - I started at a necessity original selling business was a flop. Bills had to be paid. I didn’t want to get a job so I started fixing Phones as a side hustle. I noticed that I made more money but I can reselling electronics versus trying to fix them.
Do you enjoy your business? - Yes it pays the bills. The customers can be a drag borderline annoying and delusional yet comes that with the territory!
Is it saturated? - Yes every day someone thinks they can get into electronics brokering, buying and selling phones. However, its reach a sufficient level requires business acumen and professionalism . That most people don’t possess.
How much you spend on ads? - Nothing currently have the highest rated Google My Business in the area at over 600 reviews.
How much revenue/profit you make? - 600k This year- will average $150k in profit. Varies from year to year to year depending on market demand
Is it an online business? - this is a physical business that requires individuals to meet with customers in person
Would it be hard for someone to replicate? - It’s not difficult to start, however scaling to the point of where Im at is a challenge for most would be brokers. Most flippers have a challenge getting passed $10k!
How much does social media affect your business? - social media is becoming a more prevalent focus to reach a larger local audience