Consumer electronics are big business. This year the global consumer
electronics market is estimated to be worth over $289.5 billion. And so
it’s clear to see that for retailers this is a very lucrative market.
But it’s also a very lucrative market for smaller business including
wholesale buyers. Resellers can be found all over the globe – whether
it’s a business buying and selling on products or a one-man-band
attempting to resell goods for a profit. Either way, the consumer
electronics market is just as valuable to resellers as it is to high
street retailers.
For wholesale buyers the key to reselling is finding a product at a low
trade price from wholesalers. And when it comes to consumer electronics
this can be a tough feat. There are a variety of electronics to be
bought and some command high competition therefore it can be be
difficult to secure good deals. One of the best ways to secure a low
price is to buy in bulk or consider buying a wholesale pallet. These are
pallets of mixed stock usually clearance items and end of line items
that are all packaged together and sold off at low prices. You can’t
always guarantee what you are going to receive when buying a wholesale
pallet but if you are brave enough to take a chance, you could find some
gems that are both easy and profitable to sell on.
So what kind
of consumer electronics can be bought at wholesale prices? The answer
to this question is almost anything! If you search for an item long
enough you will usually be able to find it from a wholesale supplier.
But the most popular products include wholesale laptops, televisions and
games consoles.
Wholesale laptops can be bought for a lot less
than their typical RRP. And there are a variety of makes and models that
can be bought from suppliers too. Samsung, HP, Dell and Sony are just a
few of the brands that can be sourced at wholesale prices. But the most
popular laptop by far is still Apple. The Macbook Pro and Macbook Air
are both sought after by consumers and are both usually over 1,000 when
bought brand new. Clearance stock of these models can usually be secured
for a lot less, making the potential for profit on resale very real.
Televisions have changed rapidly during the last few years. Once LCD
and plasma screens ruled but 3D screens and Smart TVs are now the most
popular buy when it comes to consumers replacing their television
screens. Brand wise there are a lot to choose from but popular sellers
include Samsung and Panasonic.
The Playstation 4 and Xbox One
were released only a few months ago but the games industry has never
needed reviving. Despite sales figures of new games increasing since the
new consoles were released, the global games market has always been
steady. There have always been a demand for games from previous consoles
like the Xbox 360 and Playstation 3 and so, for wholesale buyers, there
will always be an opportunity to resale items to the public. Games,
consoles, controllers, accessories and add-ons can all be found from
wholesale gaming suppliers.
So a quick glance at the consumer
electronic market shows just how profitable this can be for resellers
and with a little bit of time and effort they can be secured at well
below their RRP.