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How to Become a Mobile Dealer

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Until a few years back, it was believed that wireless phone industry would come to saturation. However, things have changed drastically in recent years. With the expansion of the smartphone market and increasing dependency on these devices, opportunities for those who want to opt for Mobile Dealership has increased a lot. Mobile phone carriers have merged into fewer entities and have pooled together resources for creating smartphone technology that might further take another leap. These along with other driven factors make the industry you should think of investing if you want to start your own business. Opening your mobile store can be a lucrative endeavour provided adequate financing, careful planning and experience one has.

If you are keen to consider cell phone dealership opportunity then read on to discover how you can become a successful Mobile Dealer.

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  • Research and study about the mobile phone carriers in the market you want to start your business. While small markets have one or two carriers, large markets have many carriers. There are two categories of carriers – A and B. while A carriers have a much stronger service and signal potential, the same is not with the B carrier. Research main competitors in your locality and find out what they offer and what they charge.

  • Next, you have to create a business plan that lists as well as explains business concerns such as credit authorization, industry-related terms, cash flow, expansion plans and suppliers. This document is of paramount importance as you will use it for getting finance for your business and support for the dealer application.

  • Create a business entity. For this, you have to contact secretary of state’s office so that you can apply for business license and sales tax. At the Internal Revenue Service’s website, apply for an Employer Identification Number. Next, visit local government for a business license.

  • Get in touch with the cellular service provider you want to sell. Apply for a dealership program via an application form that is easily available on the website. You have to meet a liquid capital provision and minimum net worth as part of this document that usually varies by carrier.

  • Find out a location for your store. Most mobile phone stores are located inside of a indoor malls in a kiosk or in strip malls. The location can be as small as 500 square feet so that you can display products and have a place to

  • Your cell phone provider will train you, a sales representative will train you in person and show your sites for current product knowledge. Make sure you understand the service contract because an invalid sales contract can be the reason for losing sales commission.

  • Print a list of sales commission for every phone sold. Train your sales staff how to sell warranties and added value cell phones to increase commissions. Give them added commission or a spiff when they sell equipment with high margin.

  • Buy adequate accessories. Such items often carry high profit margin.

 

This is how you can Become a Mobile Dealer. You can browse through the website of PCC Wireless Communications and find out detailed information on mobile dealership.

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