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The Secrets To Making Money With Cell Phones On Ebay
by Kinghuman
List Price: $2.99
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Binding: Kindle Edition Format: Kindle eBook Number Of Items: 1 Number Of Pages: 28 Publication Date: 2011-10-17 Release Date: 2011-10-17
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Introduction As of 2011, there are 5.3 BILLION subscribers to cellular phone services. In the United States alone nearly 11 million cellular phones are bought and sold every single month. Additionally, a new federal study says more than a quarter of homes in the United States now have only a wireless phone, and no "landline." That percentage doubled in three years. The Internet has helped facilitate the growth of cellular phones and as of November 2007 cell phones were one of the top 20 most searched for items on the Internet with approximately 4.2 million searches per month. Due to massive consumer demand and fierce competition, new feature laden cell phone models are introduced to the public practically weekly. This has led the average consumer to replace their cell phones fairly regularly in order to possess the latest technology or to capitalize upon special offers which frequently involve a free or discounted cell phone. Because of frequent replacement and upgrading, a typical cell phone user will have multiple phones, although they will generally only have service for one. This means that of the 170 million people subscribed to cellular phone service, most will have several extra or 'junk' phones somewhere in their home. Often times old cell phones will be kept by the user because they are either not sure what to do with them and/or regard them as having very little value because they paid nothing for them. In reality the vast majority of cell phones manufactured in the past few years have some value and an eager market to purchase them. I discovered this purely by accident several years ago. 3 I found an old Nokia phone in a drawer in my bedroom. It was in fairly good condition but had been out of service for more than a year and a half. I was broke at the time and needed some cash. I figured that for $1.30 worth of listing fees I could list the phone on Ebay and maybe make an extra few bucks. A few days later I was shocked to discover that my old cell phone in only fair condition and with no box and none of the original materials had 9 bids and had sold for $46. Not to shabby for something I believed to have almost no value. Being the enterprising young man that I am I realized that used cell phones and Ebay presented a golden opportunity. Since that time, the cell phone market on Ebay has grown exponentially with more than 100,000 cell phones listed for sale every single month.
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