Tag: consumer electronics
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Improve your grading process
A recurring topic in the circular economy and secondary space is how much buyers distrust sellers. We’ve all had the experience of a lot containing more low grade products than expected. As a result, wholesale buyers assume the worst, and discount the price they are willing to pay. Then, they retriage every product. This ties…
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How to define Trade-In prices
Today, we’ll address another common question I hear from clients: How do you define the trade-in value of a device? First, let’s set the stage: You are in charge of a (phone) trade-in program One of the main OEMs is launching its new product a month from now Leadership asked you to create a promotion…
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Impact of 2021 global chip shortage on the secondary consumer electronics space
Analysis of the impact of the current chip shortage on used consumer electronics. The bottom line? Supply of new CE products is constrained so demand of used and refurbished products will increase mechanically. There will be some second- and third-degree impact though. Read on! #consumerelectronics #recommerce #refurbishedphones