More people are buying refurbished phones instead of new ones; would you get one too?
Mint Techcetra
English - August 31, 2023 03:30 - 12 minutes - 11.2 MBTech News News internet technology tech podcasts clean science latest news latest updates listens science and technology tech podcast Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Sales of new smartphones have been declining for the past four quarters. On the other hand, sales of refurbished, or second-hand phones, have been rising for the past couple of years. This is reaching greater heights right now — companies such as Cashify have begun offering discounts, financing options, and at-home deliveries; essentially, a buying experience that’s at par with new phones. What does this mean for the balance of the overall market, and are we maturing further as an electronics-crazy nation? Tune in as we dissect this rather interesting segment of our economy!