Secondary Market Spotlight: Where Do Old Phones Go?
April 28, 2015
Written by Robert Gordon, program director, Reverse Logistics Management at American Public University
For most people in the US, the end of the life cycle of their beloved smartphone happens once a person decides to upgrade to newer, better technology. In most cases, this happens due to a perceived need to upgrade rather than the need due to the failure of the phone. In many cases, there is the potential for a cellular phone to serve a purpose beyond sitting around until the day comes to throw it away. Refurbishing and repairing electronics have always been a market segment in business; however, only in recent years has it been taking more of a presence in the minds of consumers. There is a growing perception has become that a phone is more of a consumable rather than a durable. However, many manufacturers realize that the useful life of technology far exceeds the use by the original owner and so there is a growing market for refurbished smart phones.
In recent years, there are more companies that are actively refurbishing electronics. These companies are actively seeking new customers to address the growing demand in the secondary market. Companies like Gazelle and uSell are actively seeking people to sell their old electronics. Many people do not want to part with their old phones until they are comfortable with the new one. However, this perception shifts when the individual realizes that someone will offer a little money from these forgotten electronics.
Read the entire article at RLA Magazine.
About American Public University System
American Public University System, recipient of the Online Learning Consortium (OLC) Ralph E. Gomory Award for Quality Online Education and five-time recipient of the OLC Effective Practice Award, offers more than 200 online degree and certificate programs through American Military University and American Public University. More than 70,000 alumni worldwide have benefited from APUS's relevant curriculum, affordability, and flexibility in pursuing and earning degrees in such areas as business, information technology, and security and global studies. For further information, visit www.apus.edu.