Photo Light Box – https://amzn.to/3i7cNAe
Click “Show More” to see my favorite financial tools
MY FINANCIAL TOOLS
Complete SoFi Money Management
Verification and Savings – https://magnified.reviews/SoFi
Credit Card – https://magnified.reviews/SoFiCreditCard
Invest – https://magnified.reviews/SoFiInvest
Budgeting – https://magnified.reviews/SoFiRelay
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Chime Fully Online Banking
Sign up for Chime HERE: https://magnified.reviews/Chime
Chime Credit Builder HERE: https://magnified.reviews/Credit-Builder
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Favorite credit cards
Chase Sapphire – https://magnified.reviews/Sapphire-Preferred
Capital One Venture
Chase Ink Business – https://magnified.reviews/Ink-Business
Amex Green – https://magnified.reviews/Amex-Green
Amex Platinum – https://magnified.reviews/Platinum
Amex Business Gold – https://magnified.reviews/BusinessGold
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Automated Investing on the Wealth Front
First 5,000 managed FREE – https://magnified.reviews/Wealthfront
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Current map
Current Modern Banking App – https://magnified.reviews/CurrentCard
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MY PHOTO EQUIPMENT
My camera: https://magnified.reviews/Camera
My microphone: https://magnified.reviews/Microphone
My lights: https://magnified.reviews/Lights
Step #1 – Find a Good Deal: Personally, I've spent most of my time on laptops because there's more profit to be made there, but I started by flipping a really cheap iPhone, so Regardless of which device you decide to start with, the main thing is to keep in mind that you are making money when you purchase the item. And what I mean by that is, when you get a good deal on an item, then selling it for market value is pretty easy, but if you pay too much in the first place, selling it above the market value in order to make the same profit is going to be almost impossible. So, to make a consistent profit and enjoy a fast delivery time on your items, you need to buy at a good price. There are now a million different places to look for deals, and you'll definitely want to try a few different ones to find what works best for you.
Step #2 – Sell for a Profit: Alright, now that you have purchased your first item, whether it is a phone, laptop, other electronic device or maybe even of something completely different, you now have to sell it for a higher price than you paid for it. paid. And again, you can list this on places like Offer Up and Facebook Marketplace, but if you want to get the best price possible, my personal favorites are Swappa and Mercari. Now you can also sell on a site like eBay and they just updated their fee structure, but in the past their fees were a bit higher than platforms like Swappa, which is why I prefer to stay at eBay's gap during the sale. Now the reason I like Swappa in particular is because they don't have a percentage fee, it's just a tiered system that usually breaks down to a very small percentage of the sale.
Step #3 – Create a Professional Listing: Regardless of which platform you decide to list your item on and you can absolutely list it on multiple sites, the most important thing is to create a professional and clean listing that makes you appear like a real business. than someone who sells electronics out of their home. And photos are by far the most important factor when it comes to creating a professional listing. This doesn't mean you have to spend a ton of money on a camera, because most of you probably have a fantastic camera on your smartphone. But what I would recommend you invest in is something called a photo box which gives you consistent lighting which makes the item look really good and gives it that flat white background which looks really professional and gives confidence to the buyer when purchasing.
Step #4: MAKE MONEY: Okay, now that you understand how this all works…let's talk about how much money you can make. This is going to vary greatly depending on how many items you are able to sell and what you are selling, but it really isn't that difficult to start making substantial money with Flipping Electronics. As a basic example, let's say you are able to sell 5 computers per month and each item earns you a profit of 200. Well, this means that you earn 1000 euros per month by selling just five computers, this which means you probably only put in five hours of work.
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