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Liquidation specialist B-Stock reported back in July that the average resale value of an iPhone X was 85% of the full retail price, a record for any iPhone at that point in the sales cycle.
A tech trade-in site says that today’s trade-in value is still 68% of the original sales price even a week before this year’s models are revealed, in strong contrast to one of Samsung’s flagship phones.
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…