As electronic devices become increasingly sophisticated and advanced, the market for used devices has grown significantly. While many people may still choose to dispose of their old devices when they upgrade to newer models, there is an increasing trend towards recommerce, or the reuse and recycling of electronic devices. Recommerce can take many forms, including buyback and trade-in programs, refurbishment and repair services, and the sale of used devices on online platforms.
Recommerce has several benefits for both consumers and the environment. For consumers, it can offer cost savings, convenience, and an opportunity to upgrade to newer models more frequently. For the environment, it can help to reduce e-waste and support the circular economy, which aims to keep resources in use for as long as possible and minimize waste.
So what does the future of recommerce look like? Here are some trends and predictions to consider: Continue reading “The Future of Recommerce: Trends and Predictions”