Do you have some used Apple devices you want to get rid of or want to start a full-blown Apple device resale business? In both cases, you may wonder how to resell Apple devices.
You’re not alone!
Since Apple products are quite popular all over the world, a lot of people want to know how to make money from Apple products.
In this ultimate guide for Apple device resale, we’ll give you all the tips and knowledge you need to resell Apple devices with ease.
- Is It Possible to Resell Apple Devices?
- What Is the Value of Apple Devices?
- Things to Consider When Selling Apple Devices
- Where to Resell Apple Devices
- What You’ll Need to Resell Apple Devices
- How to Resell Apple Devices: Step-By-Step Instructions
- Can You Make Money Flipping Apple Devices?
- Frequently Asked Questions
- Similar Tutorials to Check Out
- Wrapping Up
Is It Possible to Resell Apple Devices?
Yes, it’s possible to resell Apple devices. Such devices are among the best items to resell. This is because Apple products tend to retain their value better than most consumer electronics. We’ll discuss this in further detail in the upcoming section.
When reselling Apple devices you can go two different routes. You can become an authorized Apple reseller and start a full-fledged business, or you can resell your used Apple devices to boost your income a little bit.
What Kinds of Apple Devices Sell Well?
When you resell electronics in general, you should carefully choose what to sell to maximize your earnings.
As expected, the best Apple product to resell is the Apple iPhone. The world’s best-selling smartphone performs just as well in the resale market.
Other Apple products to strongly consider reselling are:
- MacBook Pro
- MacBook Air
- iPad Mini
- iPad Pro
- iMac Pro
- Apple Watch.
- Apple TV
What Is the Value of Apple Devices?
As with any consumer electronics product, Apple devices dip in value as time goes by. Regardless of a product’s brand, it’ll inevitably depreciate substantially over the years.
Here are some more details on how well Apple devices maintain their value over time compared to devices from other brands:
Do Apple Devices Lose Value Over Time?
Sure, all consumer electronics depreciate. However, not all brands have the same depreciation rate. Apple products lead the pack in their ability to retain their value when compared to other brands, such as Samsung.
According to a study by PhoneArena, flagship Android devices from brands like Samsung and Huawei lose their value twice as fast as Apple products. To be exact, the criteria the study used is devices over $700.
The research found that Apple devices lose 17% of their value during the first year of use. This figure may seem large, but it’s nothing compared to the whopping 34% depreciation that Android devices experience.
If you’re wondering whether these rates even out over time, they don’t. The disparity between Apple and Android device depreciation remains even through the second year of use.
Things to Consider When Selling Apple Devices
If you decide to resell Apple devices, there are a few considerations to keep in mind before you get started.
Here are some of them:
1. Your Scale of Operation
First off, you should decide whether you want to make a business out of reselling Apple products and operate on a commercial scale or if you just want to make a few extra bucks from Apple product resale.
If you want to pursue the first route, you’ll need to become an Authorized Apple Reseller.
2. Where to Resell
Another factor to keep in mind is where you’ll resell your Apple products. Those reselling a small number of units should consider one of the many websites and resale platforms available.
They can also trade in or resell their Apple products to a consumer electronics store, such as Best Buy.
Those who want to be authorized Apple resellers should start their own website or physical store.
3. Which Devices to Resell
The number one goal of reselling Apple products is to make money. So, you should carefully choose which Apple products to resell so you get the highest profit margin.
The obvious choice would be iPhones, but you can also make great money selling other Apple devices.
Where to Resell Apple Devices
When reselling Apple devices, the most convenient channel to do so is resale websites. There are hundreds of these websites all over the internet.
Here are the ones that are the safest and most convenient to use:
What Makes This Option Great?
GoRoostr is a great choice for your resale needs because it allows you to get the best price offers for your Apple device. Additionally, it has a fast turnaround time and offers you plenty of methods to receive your payment.
- Fees/Commission: None
Payment Methods: PayPal, Zelle, Venmo, Store credit
Swappa is a resale platform that allows you to sell or trade in your Apple products. They buy iPhones, Macbooks, iPads, Apple Watches, and AirPods.
What Makes This Option Great?
Swappa is a solid choice if you’re reselling a fully functional Apple device. You can make more cash on it than on other websites like eBay due to lower seller fees. The lower commission is because Swappa splits its fee equally between buyer and seller.
- Fees/Commission: 3% seller fee
Payment Methods: PayPal
GadgetGone is a great place to resell a wide range of devices, not just Apple devices. As long as your device is in working condition, GadgetGone will take it off your hands and give you a great price for it.
What Makes This Option Great?
Right off the bat, GadgetGone promises you that you’ll “get the highest offer, guaranteed” for your Apple device. The company also offers numerous payment methods, including Amazon gift cards.
- Fees/Commission: Based on payout (capped at $50)
Payment Methods: PayPal, check, Amazon gift card
What You’ll Need to Resell Apple Devices
Here are the essentials you’ll need before you can start reselling Apple devices:
- Apple Devices: First and foremost, you need Apple devices to resell. iPhones are the safest bet, but you should also consider Macbooks, AirPods, and iPads.
- A Working Debit/Credit Card: Chances are that you’ll resell your Apple devices through online platforms. These platforms typically pay users through PayPal. So, you’ll need a valid debit or credit card linked to your PayPal account to receive your money.
- A Place to Resell: You can resell your Apple devices through online resale platforms or at a local physical store.
How to Resell Apple Devices: Step-By-Step Instructions
As with any business, getting your initial affairs in order can seem like a daunting task. However, it gets much easier if you have a clear view of the steps you need to take.
Here are the phases you should go through on your journey to become a successful Apple device reseller:
1. Find a Platform to Sell On
Your first step is to find a channel to resell your Apple devices through. The things to consider when making your choice are the payment methods the platform offers and the fees or commissions it takes out of each sale.
We recommend using one of the three platforms mentioned in the previous section.
If you don’t want to deal with an online entity, you can resell your devices through physical stores in your area.
2. Post the Apple Products You’re Offering
Next, you should put your Apple devices up for sale. The exact procedure depends on the resale platform you’re dealing with.
If you’re reselling used Apple products, most platforms will require you to ship your products to their headquarters for an evaluation.
Once they’re sure that the devices are in good condition, they’ll post them on their platform and get back to you with an offer.
3. Settle on Your Price and Payment Methods
Now it’s time to determine the resale price you want to sell at. You should base this price on the size of the profit margin it’ll give you.
Once you receive an offer from the online platform or physical store you’re dealing with, you can decide whether or not it’s good enough based on the minimum threshold you’ve set.
Sometimes you won’t find an offer that matches your asking price no matter how hard you look. In such cases, you should consider lowering your expectations for this particular unit. After all, some return is better than no return.
4. Market Your Listings
If you’ve listed your Apple devices on a platform such as Craigslist or eBay, you’ll need to get the word out.
You can do so through sponsored posts on popular social media platforms like Facebook or Instagram. Another option is to place sponsored ads on websites with related content.
Can You Make Money Flipping Apple Devices?
You may wonder if reselling Apple devices is a good way to boost your income. Let’s find out!
What Is an Apple Devices Resale Business?
Running an Apple Resale business involves buying Apple products with no intention of ever opening the box.
The goal is to flip the device for the highest price possible. By selling the device for more than what you paid for it, you pocket the surplus as profit.
To legally operate a business like this, you need to become an Authorized Apple Reseller. You can do so by submitting an application and getting approved by the company to sell its products.
Another consideration is where you’ll buy Apple products to resell. We strongly advise against sourcing your products from third-party resale platforms like Craigslist and eBay. These platforms aren’t approved by Apple. So, they won’t give you valid proof of purchase.
You should always buy your Apple devices from Apple itself or another authorized reseller.
Is Reselling Apple Devices a Good Way to Make Money?
When done right, reselling Apple devices can be a major cash machine.
This statement is true whether you’re reselling new or used Apple devices. The reason is that Apple devices are excellent at retaining their value as long as they’re in good condition.
Furthermore, you’ll be buying your Apple devices in bulk. In turn, you can get better deals on the products and have more room to sell at a higher profit margin.
Frequently Asked Questions
Here are a couple of questions people often have about reselling Apple devices:
Can You Sell a Device to Apple?
While you can’t sell a device to Apple outright, the tech giant offers many trade-in options. You can trade in your Apple device or even devices from other brands, such as Google or Samsung at the Apple Store.
When you do so, you receive trade-in credit or an Apple Gift Card.
Are Used iPhones Worth Anything?
Used iPhones still have value for sure. Apple devices are generally great at maintaining their resale price. The only case in which your iPhone may be worthless is if it’s no longer in working condition.
The exact value of your iPhone also depends on how many new generations have been released after it.
Similar Tutorials to Check Out
- Resell Hosting: Are you a web designer or marketer looking for a lucrative side hustle? Look no further than resell hosting!
- Resell Software: Do you want to take advantage of the profitability of software but don’t have a coding background? Don’t worry, you can buy software and flip it!
- Resell Computers: You can’t live without computers nowadays. Start reselling them and make major money!
If you want to start a side hustle to put some extra cash in your pockets, then reselling Apple devices is a great prospect to consider. That applies whether you want to start a whole business or simply have a used Apple device you want to offload.
Either way, you’ll have a great chance at successfully reselling your Apple devices and making great money if you follow the valuable tips and guidelines we’ve provided in this guide.
If you have any questions or need any clarification, don’t hesitate to drop a comment in the section below. Your friends and family will also thank you if you share this valuable information with them!