Is the business of selling and buying used computers profitable ?

[Yaqoob Habib]

I heard from someone that selling and buying old computers can make huge profits if you have some experience about it.Because nowadays computer has become the need of Everyone.So the business of buying and selling computers is very profitable That's why the business of buying and selling computers is very profitable. you express your opinion.

 

[Shortie]

Thread moved to How To Make Money Online. Thank you.

 

[Danny4cash]

Buying and selling of used computer is profitable but risky. You can only succeed in this business if you've indept knowledge of computer. If you're the one that don't know common computer problem, this business may not bring much profit to you.

 

[Emmy]

Well, it is profitable because there are some citizens who still prefer buying from London used agents. However, this type of business requires someone to work in a country that love it especially my country.

 

[Potuse]

Buying and selling of old or used computer is very profitable most especially in developing countries where most of the people do not have the money to buy new computers or laptops.

 

[Ononivami]

It is extremely possible to make a huge money from selling used computers.
I know couple of friends who have made a lot of money from such businesses because used computers are in high demand most especially in developing countries

 

[Shahid987]

The business of selling and buying used computers can be profitable, as there is a market for used computers at lower prices than new ones. However, the profitability of the business will depend on factors such as the cost of acquiring the used computers, the demand for the products, and the ability to effectively market and sell the computers. Additionally, having knowledge about the technology and being able to repair the device can make the business even more profitable.

 

[Chibson]

in this part of the world it is a very profitable business venture. people usually buy used computers at a cheaper price and resell them using platforms like Facebook to advertise.

 

[Nomad]

It is profitable. However, whether you can make money in this niche or not depends on a lot of factors, such as the demand for used computers in your location. If you are doing it online, the sales depend on your ability to do marketing.

 

[Ononivami]

in this part of the world it is a very profitable business venture. people usually buy used computers at a cheaper price and resell them using platforms like Facebook to advertise.

The business is very profitable in my area and if anyone embark on such investment, he is sure to make profit because so many people do not earn enough money to buy new computers.

 

[Chibson]

The business is very profitable in my area and if anyone embark on such investment, he is sure to make profit because so many people do not earn enough money to buy new computers.

Good, you can even venture into the business. The major problem with the business venture is that it requires big capital for you to get started with it. Advertising with Facebook groups is effective.

 

[Gandiba]

The business of buying and selling of computers is a nice business, one can earn considerable amount of money from it, one has to just make sure he has huge capital that he can use to buy the computer.

 

[Syldan]

Actually all business are good and quite profitable most especially when it's managed, finance and control properly. some business do fail due to poor management and finances.

 

[Grant]

Well it depends. You can make money buying up computers and fixing them up, but it also depends on how old the PCs and devices are. You won't want to grab every single old PC you can find, because there's only a small niche of people who are out there looking for these old PCs. Most people are looking for workign PCs. And the others are usually collectors trying to find older PCs, rare ones and some of the original PCs that came out back in the 70s/80s/90s etc.

 

[Potuse]

Actually all business are good and quite profitable most especially when it's managed, finance and control properly. some business do fail due to poor management and finances.

Selling of used computer would always be successful if it is properly managed.
Lack of business savvy could also result in the collapse of such business.

 

[Chibson]

Selling of used computer would always be successful if it is properly managed.
Lack of business savvy could also result in the collapse of such business.

People who usually go into such kind of business are experienced because the amount of money involved in it is much. I have seen a good number of people like that promoting used computers and mobile phones on Facebook.

 

[Syldan]

Actually it's highly profitable when you have the right location and the availability of finance which will assist you to get the best product for your customers at the right time.

 

[Chibson]

Actually it's highly profitable when you have the right location and the availability of finance which will assist you to get the best product for your customers at the right time.

location is always a very important factor when you want to start such a business. But even at that you can use the online space to advertise and be successful with it.

 

[Good-Person]

in this part of the world it is a very profitable business venture. people usually buy used computers at a cheaper price and resell them using platforms like Facebook to advertise.

I think that nowadays many people are trying to buy latest computer hardware. Many people were amazed about mining and this is why they were also buying computer hardware back then.

 

[Ononivami]

Good, you can even venture into the business. The major problem with the business venture is that it requires big capital for you to get started with it. Advertising with Facebook groups is effective.

It depends on how you want to start the business. You could start on a small scale. You can start with just little number of computers and you can increase it by the passage of time.