Running a business is all about creating your sustainable competitive advantage. However, in the cell phone repair business, where many owners struggle to differentiate themselves from their competitors, making your store stand out can be challenging.
To make things easier for you, we have compiled a list of the best cell phone accessories you can stock in your store. But, before we move on, let’s understand the importance of accessories. Why is it important to buy cell phone accessories?
The global mobile phone accessories market was valued at $80,947 million in 2019 and is expected to reach $139,104.2 million by 2027. The primary reason for the growth of the accessories market is the rise in demand for wireless products.
The profit margin of mobile accessories is very large. Research shows that the average gross profit in a name brand accessory is $15. Products like tempered glass offer the potential of $25 profit per unit. If you buy wholesale mobile accessories, your profit margin could be much higher.
It means if you sell 15-20 accessories every day on average, your additional annual revenue will amount to somewhere between $82,000-$109,000. An extra $82,000 per year creates the ability to hire 3-4 more employees or even open a new store.
Apart from increasing revenue, stocking accessories can help boost brand awareness, increase footfalls, and make you the go-to store for all cell phone requirements.
Types of Cell Phone Accessories
There are several types of phone accessories available in the market right now, such as:
Mobile camera lens protectors
Cases and covers
Power banks
Mobile holders
Mobile sim and SD card trays
SD cards
Mobile flashes
Mods
Popsockets
Mobile body panels
Battery
Screen expander for phones
Pouches
Spare parts
Wired earphones
Bluetooth earphones
Portable speakers
Data cables
Charging pads
Anti-radiation stickers
Styling & maintenance
Selfie sticks.
SIM adapters
Headphone splitters
Screen guards
Tempered glass
Headphone stands
OTG adapters
However, you don’t need to stock all these products. According to Allied Market Research, the top mobile accessories that will be in demand are:
Headphone
Portable speaker
Charger
Memory card
Power bank
Protective case
Battery case
Screen guard
Source: https://www.alliedmarketresearch.com/mobile-accessories-market
Best Cell Phone Accessories To Invest Into
Being in the cell phone parts industry for a decade now, we can confidently say which accessories are in demand the most.
1- Full Body Protection
The demand for full-body protection is increasing significantly. More and more brands have started offering glass backs, making it imperative to protect the whole body. You can offer customized full-body protection to your customers to meet their unique needs and make a profit.
Use ProtectionPro by InjuredGadgets to cut screen protectors and full body protection skin for any device on demand (even the latest ones). ProtectionPro is a device that allows you to cut protection skins as per the device’s size. This way, you won’t actually have to purchase protection skins.
Besides, the profit margin is much higher in this as you will be doing all the hard work (i.e., cutting the protection and fitting it).
2- Tempered Glass
Tempered glass has become a must for every phone. Even though smartphone manufacturers constantly improve the screen’s quality, they are prone to scratches and can break easily.
After cell phone repair, customers are more likely to buy tempered glass to prevent it from breaking again. That is also the best time to cross-sell it.
3- Unique Back Cases
Many people are crazy about back cases. They change the covers very often, while others use it to protect their phone from scratches and sudden falls. Make sure to stock unique phone cases of high-demand brands, such as Samsung, Apple, and Google.
You can find new and different back cases of different brands at Injured Gadgets!
4- OEM Pulls
Original Equipment Manufacturer (OEM) products never go out of fashion. Most people prefer only OEM pulls. Therefore, it makes sense to stock OEM products, especially Apple’s.
5- Earphones
Wired and Bluetooth earphones are both in high demand. Wired earphones allow people to listen to songs and talk to their friends at any time. Bluetooth earphones serve the same purpose but require you to charge them frequently.
Having both wired and Bluetooth earphones ensures you can offer something to customers of all budgets. However, make sure to stock earphones from top brands, like Skullcandy, HyperGear, and MyBat, to increase sales chances.
6- Airpods and Airpod Case
Apple doesn’t have a headphone jack. Hence, Apple owners don’t have any option but to use Bluetooth headphones. This is where Airpods come into the picture. Airpods offer high-quality sound, voice-activated Siri, and great battery life.
Therefore, it is essential to stock Airpods. To store the Airpods, customers will need a case. That’s when you can cross-sell Airpod cases. This will increase your average order value and overall profit margin.
Best ways to buy cell phone accessories
Now that you know which phone accessories to buy for your store, the question is, how and where to buy them.
Injured Gadgets is the leading cell phone parts and accessories supplier in the US. You can buy all the cell phone accessories wholesale from Injured Gadgets. This will ensure your profit margin for each accessory is as high as possible.
The best part about buying accessories from Injured Gadgets is that you get a lifetime warranty on all products. When you offer your customers a lifetime warranty, they will be more likely to buy from you. Win-win for everyone!
Wrapping Up
Cell phone accessories are the best way to increase your profit, boost brand awareness, and stand out from the competition. However, make sure to pick only the accessories that are in high demand (e.g., earphones, full-body protection, and Airpods). Check out Injured Gadgets to buy accessories at a wholesale price and increase your profits today!