Hi Good people of this wonderful forum, i just started a new line of biz in tokunbo electronics and my findings so far makes me conclude that this might be a goldmine for people that are looking for where to invest their money.
Though you make more profit when you buy non-tested electronics from importers but the risk is equally very high because as a retailer you have to sell it tested to your buyers. Their are cases where you buy 30pcs. of say LCD TV and you have all of them or about 80 percent working or having minor faults and there are cases where you have none of them working but in all its a good line of biz for those that are in that line.
I hereby welcome ideas from others who are in that line or intending to delve into it.
Thanks.