Refurbished & Used Phones: Winners of the Economic Downturn

January 20, 2009

Nails chewed to the nub? Hands wringing? The fiscal downturn have many people furrowing their brows trying to analyze and predict how to hold up and trade smarter in the wireless industry. Some companies will fare better than others, but it seems refurbished and used phones are one of the winners of the crisis.

According to a post on GSM Exchange, Increased demand from credit-pinched, lower-end users is pumping up demand. Even AT&T is getting in on the game releasing refurbished 8 GB iPhones with their standard two-year contract for $99, sold exclusively in AT&T stores, but rumored to be offered at all Best Buys by the end of January.

Earth911.com reports refurbished smart phones offer the biggest “bang” for your buck in today’s economy and estimates possible 6 million unit sales jump worldwide in 2009. Refurbished is the easy way to get all the technology you want for up to 60 percent less than new phones. They also carry the environmentally friendly perk of reducing the need for virgin product and reducing landfill waste.

Refurbished phones now sold generally are units that have been returned during the standard 30-day trial period, but as most people tend to upgrade their phones every 18 months, it’s expected that today’s iPhone or BlackBerry will be the top recycled and reused models in 2009 or 2010.

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Now, where will you look for or market your refurbished phones? Look no further than Wireless Association’s Trading Floor, providing a global platform to buy and sell cellular products, components and accessories on the simplest trading floor in the industry. Join us at wassociation.com.

Posted By Russ · In Industry 

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