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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.
More from the B-Stock Blog
How B-Stock Builds Buyer Demand to Drive Success for Its Sellers
Each year, B-Stock facilitates the movement of billions of dollars worth of returned and overstock inventory via the world’s largest B2B recommerce marketplace. This means, of course, that we sit in the middle of a two-sided network madue up of…
