How to Make More Money at Your Repair Shop – Part 5: Acquiring and Processing Buybacks!

Repair business, fellas!

This is another part of our series on how to make more money at your repair shop.

As a repair shop owner, you can tap into the used smartphone market for extra revenue!

Focus on the best phones for high resale value and implement a smooth process with the RepairDesk buyback widget to offer instant quotes for used devices.

But, acquiring and processing buybacks for good money is challenging. You might be wondering how to do it? For that, you need to focus on

Acquiring Used Cell Phones

• Buy Smartphones from Customers: Never let go of a customer who is willing to sell their phone. Thoroughly inspect it – the device shouldn’t be stolen or doesn’t have any major issues.
• Promote your Buyback Program: Use your social media platforms and in-store signage to get more customers. Highlight benefits: cash or store credit and sustainability.

Processing

• Parts Suppliers: Look for the best cell phone repair parts suppliers so that refurbished and repaired mobiles can last long. Otherwise, you will get complaints from your customers. 
• Price to Sell For: On higher-spec phones, you can easily make up to 25% profit. For mid-range phones, you can aim for 10 to 12% profitability.
• Offer Warranties: We recommend you offer at least a week’s warranty on used smartphones to boost the client’s trust in your repair business.

What else to do?

Educate customers about trading in old phones – emphasize savings on newer models or accessories.

Track inventory and sales using RepairDesk POS software. Efficient management leads to higher profits and customer satisfaction.

By acquiring and processing buybacks, and streamlining the entire process, you increase profits and build customer loyalty.

So, dive into the used phones market and watch your repair business soar! Stay tuned for more tips.