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The Wall Street Journal recently wrote about how changing smartphone markets are opening up business opportunities in the used phone sector.
According to the article, five years ago, about half of used phones purchased from auctions run by California-based B-Stock Solutions went to U.S. buyers, and the other half went to customers internationally. Now, about 93 percent of purchases are made by U.S. consumers, according to B-Stock.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…