Tag: secondary market
-
10 tips to improve your triaging process
In our last article, I discussed how current wholesale limitations force resale values lower. We also reviewed some tactics to optimize asset monetization recently. Today, we’ll see how internal process improvements help net recovery. Specifically, I want to discuss what happens between the time the product arrives in your warehouse (on dock) and when it…
-
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…
-
Need to optimize your asset recovery? Follow the process
We’ve reviewed different trade-in solutions and features recently. Today, let’s move to the other end of the process and consider the process to use for asset monetization. That’s a fancy word, “monetization”. As is often the case, the theory sounds simple: sell at a higher price. What’s the secret sauce then, where’s the magic? Here…
-
Trade-In program, outsourced or internally developed?
Should you create your own trade-in (TI) program or buy a commercial solution? The answer, of course, is ‘it depends’. Let’s see if I can help you navigate through some of the questions to ask yourself. First, we need to define what a TI program is. At it’s core, this is an opportunity for a…
-
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
CELX Advisory 