Steps to follow for starting a Mobile Phone Accessory Business

The number of cell phone franchises, autonomous stores and kiosks selling accessories has gradually increased with time, making the market highly competitive. The existence of such shops can be seen in almost every shopping mall and all public areas now. Even the Internet hosts a huge number of online outlets selling mobile phones and their accessories.

But if you are planning to establish a cell phone accessory business and earn some profit, you would need to find a location with lesser competition or build an online presence that can beat other competitors. So to get started with your business planning, here are some simple steps to follow:

Stage 1: Find a suitable location to start-up your business or you may as well rent a space or even a kiosk as per your affordability. You have to be sure about choosing a place with high-traffic, which would help you get more footfalls in your outlet. Keep in mind to avoid places that already have too many cell phone shops as it can elevate competition. If required contact a commercial real estate agent to assist you on this matter.

Stage 2: After finding a suitable space now it's time to set up the store or the stall. There are some important items that you would need, like racks, hooks, shelves for displaying the inventory. You would also require cash registers and credit card terminals for monetary transactions.

Stage 3: In case you have planned to open an online store, you have to focus on building your own website or else try a much simpler option of opening a web store through a reputable e-commerce website. To get the online store running you need to furnish product images, descriptions, pricing, shipping information, return policies, payment modes and contact information.

Stage 4: Next level in your start-up business is to purchase the mobile phone accessories from the wholesalers. You can stock up different accessories like SIM cards, headphones, Bluetooth accessories, car chargers, cell phone covers, wireless keyboards, screen protectors, wall adaptors and batteries.

USB car charger