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B-Stock, a B2B marketplace for trade-in and overstock mobile phones and devices, is reporting that the used phone market is currently worth $25 billion (€22.1 billion) and growing faster than the primary market.
Today, the average mobile phone will be used by two to three people before it is scrapped; as a result, the company is urging mobile providers and manufacturers to adequately protect consumer data on devices by conforming to R2 Certification.
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…