Mobile Flipping Business Success Stories [2024]
Want to turn pre-owned smartphones into profit? Consider starting a mobile flipping business.
In simple terms, mobile flipping involves buying used, often undervalued smartphones, refurbishing them if necessary, and selling them at a profit.
This business idea taps into the growing market for affordable, yet high-quality mobile devices, offering opportunities for significant returns. With some initial investment in tools for testing and repairing phones, a keen eye for good deals, and a knack for marketing, you can build a sustainable and scalable business.
The process can be as straightforward as sourcing phones from online marketplaces or local sellers, making necessary repairs or upgrades, and listing them for sale. If you're looking for a business venture that's relatively low-risk but offers the potential for substantial rewards, mobile flipping might be an idea worth exploring.
In this list, you'll find real-world mobile flipping business success stories and very profitable examples of starting a mobile flipping business that makes money.
1. Flipsnack ($9.6M/year)
Janina Moza, Chief Marketing Officer of Flipsnack, joined the team a year after its launch and has been part of the project for almost 10 years. Flipsnack is an online tool that allows anyone to create digital flipbooks, and it has seen impressive growth, with business revenue increasing by over 50% year over year. The idea for Flipsnack came from analyzing the needs of the target audience and recognizing the opportunity for an easy-to-use flipbook maker.
How much money it makes: $9.6M/year
How many people on the team: 70
Flipsnack is an online tool that allows anyone to create digital flipbooks and has increased its business revenue by over 50% year over year, with YoY growth rates between 50% - 84%, shifting from a B2C approach and focusing more on B2B.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
