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Research from B-Stock, which claims to be the world’s largest business-to-business marketplace for trade-in and overstock mobile phones, has confirmed the rapid growth of the secondary mobile market driven by growing consumer demand for used mobile devices, in particular the latest Apple devices.
B-Stock believes the secondary mobile market is set to grow from its current value of $25bn and reach $39bn by 2025. It adds that as trade-in rates rise and new technologies emerge, more carriers and manufacturers are pushing devices to secondary sales channels.
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Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…