When someone clicks that, they automatically get a message and are in his DMs.
Tips for a Call to Action and Closing Dealsįor a call to action, Jeff uses “Get a Quote” as his button. This means they’re less likely to see other high dollar “comps” listed and you can often negotiate a better price. Why’s that? Jeff’s theory is that many Instagram users don’t use Facebook at all, so they don’t have access to Marketplace to sell their phones. Jeff explained that in some larger cities, Instagram has a better audience for buying phones. Is Instagram Better Than Facebook to Find Sellers? If your messages are costing over $6 apiece, and your close rate remains at 10%, you’ve having a lot of your potential margin eaten up by ad costs - and you still have to factor in drive time to go meet the seller and get the phone. This works out at about $25 in ad costs to acquire a phone to flip, but Jeff mentioned that those leads could easily cost double in a bigger city. He ends up getting messages for $2-6 each from qualified sellers, and expects to close a deal on around 1 in 10 of those. The call to action for the ads is “Message for a Quote”, and those messages go straight to him. “When you have someone approaching you for a price - as opposed to a whole city - you have a little bit more bargaining power,” Jeff explained. Jeff has become so good at running ads for used phones, he and his partner have also taken on clients and run ad campaigns for them, too. Think the ubiquitous “We Buy Houses” signs posted by real estate investors, except for phones. Jeff simply posts a picture of himself holding a phone, lists what types of phones he’s looking for, and targets certain demographics. “If you were to make an ad for buying phones and it looked too nice, you’ll probably get bad results,” Jeff told me. If you want to do this, the best part is that you don’t even need a highly polished-looking ad. Posting Facebook ads to find used phones is working great for Jeff. Using Facebook and Instagram Ads to Buy Used Phones You’ll need to look at the market, see what demand there is, take into account if a new model is about to be released, and scour the Internet to get an idea for what price the phone you have is selling for.įor reference, take a look at eBay completed listings or the current prices on Swappa. If you’re going to resell locally it’s a little more tricky. In Jeff’s case, his direct buyer provides a constantly-updated price sheet that lists all the models of phones and how much they’ll pay for each depending on the condition. With so many different models of phones and carriers, it’s hard to know how much a phone can sell for when you’re starting out.
FLIP PHO E SECURE EMAIL HOW TO
How to Know the Value of Used Cell Phones waiting and trying to sell their device for top dollar. If they’re not active on Marketplace or eBay, they may not know the actual market value.Īnd second, sometimes people just need cash in hand quickly vs. I asked why sellers would settle for less than fair market value, and Jeff said there at least a couple contributing factors.įirst, people expect their phones to depreciate significantly in the first year or two of ownership. In those cases, he’ll message the seller and offer above the asking price to stand out from the crowd. In fact, Jeff said he often sees phones listed for sale for much less than they’re worth. You may have to look outside of your city, and the bigger the city the more competition there is going to be.īut Jeff said you’ll be able to find phones on Facebook at a price you can flip them for profit if you look. However, if you want to start on the lower end with a small budget, Jeff said you can find a lot of good deals by just looking on Facebook Marketplace. “Right now, what’s working best is Facebook ads,” Jeff told me. You'll also receive my best side hustle tips and weekly-ish newsletter.
0 kommentar(er)
