Mobile phones and accessories have huge, steady demand, but phone margins are thin. Location, range and services decide profit. Here is how to start.
Pick a spot with footfall near markets or housing. Since phone margins are thin, plan to earn from accessories, recharges, repairs and services alongside handsets, which carry better margins.
Buy handsets and accessories from authorised distributors for genuine stock and warranty support. Reliable supply of the models customers want, at fair rates, is what keeps a mobile shop competitive.
Phone models change fast and tie up cash, so stock carefully and avoid holding outdated handsets. Track what sells, keep fast movers and popular accessories stocked, and watch your working capital.
Repairs, screen guards, recharges and EMI options bring footfall and margin. Use a billing app that handles GST, IMEI records and any credit, so the shop stays organised as it grows.
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