This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
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.
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…