This past week, my girlfriend dropped her iPhone.
As expected, her screen shattered.
We went to a local iPhone repair shop.
It was a small store with one employee.
He explained that it would be $80 to repair the screen, and about a 30 minute wait.
As soon as we sat down to wait, all I could think about was the $80 charge.
Since I’ve purposely wired my brain to see financial opportunity everywhere, I immediately became curious of the profit margin for repairing iPhone screens.
“How hard can it be?” I thought.
Plus, $80 for 30 minutes of work isn’t bad.
As we waited, I searched on Amazon for iPhone replacement screens while my iPhone-less girlfriend flipped through an airbrushed magazine.
I found that replacement screens costs $30 on average.
Immediately, the financial opportunity jumped out at me.
If the store owner was paying $30 per screen, and charging $80 to repair, that means he profited $50 per screen replacement.
Not bad, right?
And, since iPhones will continue to be dropped and shattered, future profits are promised.
After researching the prices, I began watching iPhone screen replacement videos on YouTube.
Before hitting play on the first video that popped up, I couldn’t help but notice that it was only 10 minutes long.
At that point, before even watching the video, I knew that replacing iPhone screens was QUICK and EASY.
After watching the video, I learned that it only takes about 15 minutes to do it yourself.
That’s right, just 15 minutes.
My guess is that someone who’s been doing this for a while can replace an iPhone screen in 5-7 minutes.
How come the store employee claimed that it would take him about 30 minutes?
I’m not sure.
Maybe he was going to have lunch first or use the bathroom…who knows.
All jokes aside, here’s my theory…
If he replaces the screen in just 15 minutes, it’s possible that people will begin having the same money making thoughts that I did.
“$80 for 15 minutes of work? Wow, I need to learn how to do this too!”
When you’re in business, the LAST thing you want is competition.
All it takes is ONE person to open a shop a couple blocks away and you’ll lose potential customers.
You follow me?
So, by him saying 30 minutes instead of 15 minutes, it makes the job sound that much more difficult.
Anyways, back to business.
By learning how to replace iPhone screens, you can charge people who don’t want to do it themselves.
Simply charge them the cost of the screen, plus the cost of your service.
If you search online, you’ll find people who charge a lot more than $80.
Whatever price you choose if up to you, but I strongly recommend you charge a fair price, especially when you’re just starting out.
How to start
Here’s the reality…
All you need in order to replace iPhone screens are 3 things:
It’s literally that easy.
First, you’ll need some practice so you can actually know how to replace an iPhone screen.
This will require an iPhone that you have laying around.
You can also practice on yours, but I don’t recommend that.
It’s a much better idea to practice on one that you no longer use.
Like I said, it’s very easy, but you still need practice.
Once you know how to replace the screens, you can begin advertising your services.
I suggest creating a flyer and placing it on social media and Craigslist.
You’ll want to include your name, services offered, contact information, hours of operation, and prices.
Since you probably don’t have your own store, I recommend starting by either going to people’s houses or meeting them somewhere.
With that said, use caution when going to someone’s house.
It isn’t really a big deal where you meet your clients.
After all, you’re just replacing an iPhone screen.
You’ll want to make sure you always have iPhone screens in stock.
The last thing you want is for someone to contact you and telling them that you’re out of stock.
People hate to wait, especially the new generation who’s addicted to instant gratification.
Most people will refuse to wait until you have screens in stock, and will seek repair services elsewhere.
With that said, go into Amazon and buy screens for the two latest models of iPhones.
At this point in time, it will be the iPhone X and the iPhone 8.
Make sure you buy this tool kit because it’s cheap and includes EVERYTHING you’ll need to replace the screen.
That’s it my friend, you can now begin making money.
Simply fix two screens per day and you’ll profit $100.
$80 (cost of your service) – $30 (cost of iPhone replacement screen from Amazon) = $50 profit
I planted the idea in your head, but what happens next is up to YOU.
How far you take your iPhone repair business is your call.
It can be something you do part-time, or you can work hard, save money and eventually open your own shop.
Sky’s the limit.
Always keep this one thing in mind: iPhone’s have taken over the world!
And, from the looks of it, they will continue to dominate the cell phone industry for MANY years.
You know what that means, right?
There’s plenty of money to be made.
Things to consider
I only provided you advice on repairing iPhone screens.
People experience many issues with their iPhones that don’t pertain to damaged screens.
For example, someone might drop their phone in water, in which case a new screen will not help.
Others might need to replace their iPhone speaker or camera.
These are all things that you can also learn how to do.
You can always take things a step further and learn more so you can do/earn more.
When creating your ads, make sure you clearly state the exact services you offer.
If you ONLY replace shattered screens, you can ask people if their phone still turns on before meeting with them.
I’m no iPhone expert, but I know that if it still turns on, a screen replacement is all that’s necessary.
If it doesn’t turn on, it possible that a new screen might help, but it’s also possible that water damage occurred or something else that a new screen won’t fix.
It’s important to make your clients aware of these facts.
I strongly recommend you spend some time learning about iPhones repairs and read some of FAQ of other iPhone repair shops.
You can even call some of the stores and ask questions yourself.
For example: “My iPhone won’t turn on” and “I dropped my iPhone in water, is it fixable?”
…You get the idea.