Craigslist is a gold mine for making money. Anyone can start making money with craigslist today. In this post I’m going to teach you how to make money buying and selling cell phones. First your going to need some transportation preferably a car that gets good gas mileage, some start up cash, internet connection, and an ebay account. When buying phones you need to be careful you can get burned easily and potentially lose lots of money. Your going to want to check the imei on every phone this will tell you all the information about the phone. The carrier if its locked or unlocked and if its blacklisted.
First your going to want to post an add on craigslist in the wanted section with a title something like this.
“Get cash for your old cell phone now!” In the body post something like get cash for your old cell phones I come to you and pay cash!
You can buy locked or blacklisted phones but you wont be able to resell them for much some people can unlock them or just use them for parts.
Start studying the prices of phones because calls will start coming in. Go to ebay and search complete listings that sold and this will give you an idea of what phones are selling for.
Youll want to figure out how you want to resell the phones. You can resell them on craigslist this can be a hassle. Id recommend Ebay or Amazon make sure you figure the seller fees they will take.
Be cautious when buying phones make sure the check the imei when you meet the seller. Also make sure everything on the phones works. Phones lose their value quick so don’t sit on them sell them as soon as you get them. If you do this right you will have a nice little side income.
If your serious about doing this and want to take it to the next level i recommend starting your own eCommerce website. This way you get all the profits plus there are other ways you can earn on your website. Check out the link below to get a domain and hosting for your website.
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