{"id":4997,"date":"2023-03-12T17:24:26","date_gmt":"2023-03-12T17:24:26","guid":{"rendered":"https:\/\/wirelessdealermagazine.com\/?p=4997"},"modified":"2024-05-21T16:00:19","modified_gmt":"2024-05-21T16:00:19","slug":"the-wireless-industry-is-a-multi-billion-dollar-a-year-business-within-that-industry-there-are-two-distinct-types-of-retailers-the-corporate-owned-chains-and-the-independently-owned-stores","status":"publish","type":"post","link":"https:\/\/wirelessdealermagazine.com\/the-wireless-industry-is-a-multi-billion-dollar-a-year-business-within-that-industry-there-are-two-distinct-types-of-retailers-the-corporate-owned-chains-and-the-independently-owned-stores\/","title":{"rendered":"The Wireless Industry is a multi-billion dollar a year business. Within that industry, there are two distinct types of retailers: the Corporate-owned chains and the Independently-owned stores."},"content":{"rendered":"\n
There is a notable potential for growth among independent wireless retailers. Independent wireless retailers can generate substantial profits by selling refurbished phones and devices at competitive prices, as the demand for second-hand smartphones continues to increase. <\/p>\n\n\n\n
Unlike corporate owned or authorized wireless retailers, independent wireless retailers can sell a diverse selection of products, such as pre-owned iPhones and Samsung devices, Android phones, and tablets. An incredible 251.09 million smartphones, either refurbished or pre-owned, were sold by the wireless industry in 2022. Over the next five years, a significant increase in demand for refurbished devices is expected, leading the industry to set new records.<\/p>\n\n\n\n
Many consumers feel more secure buying their devices in a wireless store, where they can evaluate their smartphone, tablet, headphone, or tablet in person. After all, it is still a significant purchase. Nevertheless, there are significant smartphone purchases happening online too. Independent wireless retailers can leverage their credibility in the consumer marketplace and sell devices on their website as well as other platforms. <\/p>\n\n\n\n
Wireless retailers operating independently have greater freedom in choosing inventory than corporate wireless chain stores. They have the advantage of being able to customize their inventory with accessories that are tailored to their store’s type of foot traffic. Accessories like cases, chargers, speakers, and headphones all provide important revenue in thier business. <\/p>\n\n\n\n
In addition, many independent wireless retailers now offer phone warranties as well as telemedicine plans. Some independent wireless retailers prefer to change thier store’s inventory based on the phone accessories they source through wholesalers. <\/p>\n\n\n\n
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\nThe choice is yours if you are an independent retailer!<\/strong><\/p>\n<\/blockquote>\n\n\n\n
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