We launched our first B2B marketplace for trade-in mobile phones in 2014 and have since grown into the world’s largest marketplace for trade-in devices and other mobile accessories. We’ve seen some interesting trends develop over the years too; most notably the rise of the mobile secondary market and growing demand for refurbished, older model devices (both in the U.S. and around the globe). Today we focus on the iPhone X and how it is holding a higher value on the secondary market versus historical averages.
Normally, within six months after an iPhone launch, retailers and manufacturers can expect to sell that model at 60 to 70% of original retail value (this is typical through a B2B secondary channel, like the one B-Stock offers). The iPhone 6, 6s, 7, and 8 all achieved roughly 65% of retail value six months after launch across our network of mobile marketplaces.
Currently, we are seeing the iPhone X bucking those trends: across our mobile marketplaces, the iPhone X is selling at 75% of original retail value (for Grade A/fully functional condition).
According to our Mobile Team, here’s why:
So far this year, over tens of thousands of iPhone X units have been sold across our network of 10+ mobile marketplaces. Stay tuned to see how long the X will hold its value!
If you’re a manufacturer, retailer, or SMB with excess mobile devices that you’d like to sell on the secondary market, get in touch with us today.