A huge profit-making small business hidden in the countryside. Recycling old mobile phones can be so profitable

The profiteering small business hidden in the countryside. My cousin who was doing business in my hometown and driving an Audi car told me: There is an industry in the countryside that is absolutely hugely profitable, and the average annual income can easily be 20- 300,000 is a good job, and making a million a year is just a small goal.

My cousin is the same age as me. After graduating from junior high school, he went to work in Shenzhen. After working for a few years, he got married through a blind date in his hometown. After having children, he no longer wanted to work outside the home. It happened that my cousin worked in an electronics factory. After working for several years, I am very familiar with mobile phones, so I run an old mobile phone recycling business at home.

Every day, my cousin rides a battery car through the streets, and the loudspeaker keeps recycling old mobile phones, broken mobile phones, and scrapped mobile phones, all of which are exchanged for stainless steel washbasins.

Every time I see my cousin dressed like this, it reminds me of those old men who collect rags in the countryside. I used to secretly laugh at my cousin, how much money can I make by recycling old mobile phones? money? Going out to work and making money is the way to go?

However, after I graduated from college, I worked outside the home for several years and did not go home. This year when I came home to celebrate the New Year, I found that my cousin actually bought a 140-square-meter house in the county town by recycling old mobile phones. I also bought an Audi Q3l worth several hundred thousand yuan with full payment, which is really unbelievable to me.

A huge profit-making small business hidden in the countryside. How profitable can it be to recycle old mobile phones? I couldn't believe anything I said. However, after listening to my cousin’s explanation, I realized that there is a lot of room for huge profits hidden behind the small industries that you usually look down on.

So what are the profit margins for recycling old mobile phones? 1. Refurbishment of used mobile phones

We all know that the characteristics of old mobile phones are loud sound, simple functions but cheap prices, generally less than 500 yuan, so now few manufacturers are willing to produce functional phones again, because Profit margins are too low.

But if we go to the mobile phone counters, especially those in small counties or even small towns, we will find that there are many feature phones displayed on the counters.

Since the manufacturer no longer produces them, where did these feature phones come from?

The answer is to renovate old mobile phones. This is also one of the main profit points of my cousin's business.

Go to the countryside to collect used mobile phones, then renovate them and sell them to others. For a mobile phone, my cousin may have paid a stainless steel washbasin for 5 yuan, but he made hundreds of yuan by selling it to others.

Isn’t this huge profit?

Don’t think that anyone would buy a refurbished phone.

In fact, most people cannot tell the difference between refurbished phones and new phones. Even experts can hardly tell whether a phone is new or used without taking it apart.

What's more, many people have a greedy mentality. Many mobile phone stores take advantage of this mentality and mark the price of refurbished phones slightly lower than regular phones to attract customers.

My cousin can earn at least 200 yuan from a mobile phone. What if he buys 100 or even 500 units per month? Can this alone achieve the small goal of a monthly salary of over 10,000? 2. Removing parts from old mobile phones and converting them into accessories

Mobile phone refurbishment business generally targets old mobile phones with no damage to the screen and motherboard. So what should you do if the screen or motherboard of your old phone is damaged?

Do I need to repair the screen and motherboard? Don't be stupid. If you have the time, why not do something else?

In fact, if the mobile phone is seriously damaged, my cousin will usually not choose to change it to a refurbished phone. Instead, he will dismantle the intact parts inside the phone and sell them to a mobile phone repair shop for replacement. Accessories.

I remember that at that time, my Apple iPhone 6 had a black screen and needed to be replaced. It cost 600 yuan to go to Apple’s official website to replace the screen.

In the repair shop in town, it only costs 100 yuan to replace the same screen. In order to save money, of course I chose to replace the screen in the mobile phone repair shop in town.

Why are the spare parts in mobile phone repair shops so cheap? Are they better than the manufacturers? Of course not, the only reason is that their spare parts are very cheap, much cheaper than the official price.

Take the screen as an example. I spent 100 yuan to replace the Apple iPhone 6 screen in a mobile phone store. In fact, the screen was just an old Apple phone that my cousin exchanged for a 5 yuan stainless steel washbasin.

My cousin is just doing this in a small way. In fact, some recycling shops will refurbish the parts, reassemble them into elderly machines, and export them to Africa, Economically underdeveloped regions such as Southeast Asia make a lot of profits. That's real money making. 3. Extract precious metals from old mobile phones

Some components on mobile phone motherboards have very high requirements for conductive properties such as resistance. Only precious metals such as gold can meet the requirements. So some stores use old mobile phones to extract precious metals such as gold.

Every ten mobile phones can extract almost 1 gram of gold. Think about it, what if there are 10,000 mobile phones? Almost 1,000 grams of gold can be extracted. The current price of gold is about 500 yuan per gram. In other words, 10,000 mobile phones have almost 500,000 yuan in revenue.

The cost of 10,000 mobile phones is only 50,000 yuan. After a simple calculation, are you surprised to find that the profit after refining gold from 10,000 mobile phones is about 450,000. Even with a half discount, there is a profit of more than 200,000. Isn't this a huge profit?

4. Stealing and selling personal information

Are you curious why you often receive various spam text messages or sales calls now? How did they get our phone numbers? Even our personal information is known clearly.

In fact, this is also a hidden income from mobile phone recycling. Some criminals recycle old mobile phones and then use technical means to restore and steal the personal information in your mobile phone. If you have some private information in your mobile phone, Confidence, they will even use it as blackmail.

Of course, such things are very rare now. On the one hand, it is because it is illegal and most people are not willing to take this risk.

On the other hand, because the protection of mobile phone information is becoming more and more strict, it is really impossible for ordinary people to recover and steal the personal information in the mobile phone without sophisticated technical means. And people who have this technical means do not need to make a living through this means.

But you must not have the intention to harm others, and you must not have the intention to guard against others. I also advise everyone here that if you want to sell your old mobile phone, you must delete all the contents on the mobile phone to avoid unnecessary trouble. It is precisely because there are so many hidden profit points in recycling old mobile phones that people in this industry can make a fortune in silence

My cousin now opens a mobile phone repair shop in the town. The old mobile phones collected are sorted and sorted.

The screen and motherboard are intact and refurbished into new mobile phones for sale in the store. For those phones that were severely damaged, intact parts were dismantled as accessories.

Of course, the quality of this kind of accessories is generally not very good, but it can actually increase my cousin’s mobile phone repair business. As for the reason, everyone knows.

Nowadays, all the young people in our hometown have basically disappeared, and only the elderly and children are left at home. The elderly do not understand mobile phones at all. As long as the mobile phone can make and receive calls, watching videos will be beneficial to them. That's enough.

Therefore, my cousin’s second-hand refurbished machines are in great demand in the market. In addition, my cousin has accumulated deep connections in the town over the years, so the business is very prosperous.

Now he is too busy on his own. He even called his uncle who was working outside to help him look after the store, which shows that his business is indeed very good. Conclusion:

People who don’t understand the mobile phone recycling industry think that it is similar to garbage collection and is just a small business.

But those who really understand this industry know that this is an industry where you can make a lot of money in silence. In addition, due to the lack of information in rural areas, many elderly people have no awareness of information security at all. An old mobile phone that is no longer used can be exchanged for a stainless steel face. Basin, why not do it?

Nowadays, the number of mobile phones in our country reaches more than 1 billion, and the market sales of mobile phones every year are 300-400 million yuan, which means that there are also 300-400 million used mobile phones every year. You can imagine how big the market is. There is a lot of potential for recycling old mobile phones.

Finally, what my cousin said made me a little moved. I want to quit my job and have a big fight with my cousin. Do you think it is appropriate?