IPhone 13 pro max it used to be the case that every new iteration of the iPhone Apple introduced was eagerly snapped up by consumers regardless of how long they’d owned their previous model, as each new model introduced a wealth of amazing new features that completely distinguished it from the model before. Those days are long gone. For many owners of newer iterations of the iPhone, upgrading to a phone that’s pretty much identical to the one they already have is no longer an attractive prospect. Choosing to replace their phone with the same model they already have for a lower price or choosing to replace it with a refurbished model with the same or similar capabilities, is now the preferred option.
People Waiting For Price Drops
When new models are released, which happens pretty much every year, earlier generations drop in price. For example, an iPhone 8 priced at $599 dropped by a hundred dollars on release of the XR. So, why buy new when you can wait and save? Many more customers are waiting to do just that thanks to the predictability of Apple’s release schedules
For resellers of new iPhones, getting hold of models that are abouIPhone 13 pro max .t to undergo a price drop means you’ll have the same phones to offer customers at the same time as Apple. Indeed, by buying new phones wholesale or refurbished models, you’ll even be able to offer lower prices, making the phones you have for sale more attractive and therefore more likely to sell IPhone 13 pro max .
Another factor that customers are taking into account when making not just tech purchases but pretty much any purchase you can think of is the environment. The manufacture of new technology causes harm to the planet in a way that old and refurbished tech doesn’t, and many customers simply can’t justify buying new when they know they’re causing harm to the world as a consequence.
Environmental concerns have helped fuel an explosion in the second hand and refurbished market as more and more customers decide to put the needs of the planet before their personal desires to constantly acquire new gadgets. Resellers of refurbished phones are perfectly placed to tap into this market, as many customers come to the conclusion that there is no point depleting more of Earth’s resources when environmentally friendly alternatives not only exist in abundance, but are also far more affordable.
The message that a smartphone should have a lifespan of between 5-10 years as opposed to the 12-14 months most people used to keep hold of them is slowly filtering through to the public, and it’s changing the way they think about their purchasing decisions.
A Flourishing Secondary And Refurbished Market
There was a time not very long ago that buying a second hand or refurbished phone online was fraught with problems. Most sales were conducted on eBay, and the site was the Wild West of marketplaces, with unscrupulous sellers passing off faulty and even counterfeit goods as refurbished, second hand and even new phones and then disappearing off with customers’ money with no redress. As a result, customers were understandably cautious about buying refurbished and second hand phones as they could never really be sure they were going to get what they were paying for.
Thankfully, those days are pretty much over. With sites like Amazon Renewed and eBay introducing rules on who can sell refurbished phones and seller certification respectively, buying second hand and refurbished phones online is a much safer and more reliable process. This, alongside the other factors we’ve mentioned, has led to a huge increase in the size of the market. Also, 57% of customers say that a brand-name refurbished product is a key factor in their purchase consideration. One of those brands customers want is Apple, which is why resellers should definitely focus on iPhones when stocking their refurbished phone inventories.
Refurbished iPhones – The Best Sellers
The biggest online marketplaces for refurbished and second hand iPhones are eBay and Amazon. This also makes them ideal guides both for the models resellers should be looking out for and the sort of prices they should be charging customers.
Both sites produce lists of bestselling new and refurbished iPhones, and as of March 2021: Here are the lists for Amazon and for eBay. These are the models resellers should be looking out for as well as the sort of prices they should expect to charge for them across not only eBay and Amazon, but also across other online outlets such as eCommerce sites and their own websites depending on model, age and condition.
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