There has been a lot of talk recently in the media about the smart phone market losing sales. This is as much as anything else due to smart phone users holding onto their phones for longer because they see no real changes in technology if they were to upgrade and stowaway their old phone for a time when their new phone breaks down. There might be another reason for the stall in sales of new smart phones and that’s the number of refurbished or second hand phones hitting the market recently.
Encouragement to recycle reason for buying second hand
The U.S. market research organisation International Data Corporation (IDC) offers analysis and advice on telecommunications, information technology and consumer technology. It has recently investigated the mobile phone 2nd hand market and has discovered that this is likely to have an effect on new sales into the future. It believes that this trend has developed partly because of governments encouraging the recycling of and re-use of the products in order to minimise threats to both the environment and humans in the form of the mountain of e-waste that needs to be disposed of properly.
Even though this market is still quite small, it is increasing by around 22.3% per annum with an estimated 81.3 million units sold in 2015 and in 2020 this is expected to reach 222.6 million. The mean selling price is likely to be by 2020 around US$136.
A Planet Green’s spokesperson revealed that Americans hold onto mobile phones for around 20 months before going out to buy a new model. They also say that 70 percent overall could be refurbished and used again while 17 percent would be suitable for the recycling of their materials as they are no longer functional.
Who buys refurbished phones?
- People whose phone has been lost.
- Insurance companies.
- Credit strapped customers unable to borrow for a new phone.
- Companies for their workers.
It has also been discovered that Uber is purchasing a lot of refurbished phones for use by their drivers. This strategic use of older smart phones will likely affect original equipment manufacturer (OEMs) and mobile operators now and into the future.
Apple devices lead the way in refurbished phones
Up to this point in time the refurbishment market is mainly for Apple devices, and that has largely been due to the fact that Apple allows trade-ins as a way of putting more life into new sales. At the moment there is no certainty as to how this is going to affect Apple in the long-term.
Kogan’s refurbished phone deals
Kogan is selling Apple refurbished phones at a fraction of the price of a new one with an attractive 12 month warranty included.
Apple iPhone 5c refurbished (32GB, Blue)
- $349+ Postage
- Dispatched 1-2 days following order
- 2 per order only
This phone has been factory refurbished and has been through a strict testing process. It attracts 0% interest free if purchased on a plan. Each phone comes with a Kogan Mobile SIM at no extra charge. Any replacement parts are genuine. It is sent in a new box.
When you buy a pre-owned iPhone from Kogan you can expect to receive a phone in excellent working order. As it is a second hand product there may be some cosmetic imperfections, like marks or scratches. It includes an A6 chip, iSight camera 8MP, FaceTime HD camera, 4G LTE wireless. It has Siri installed, which is a digital personal assistant that is able to carry out tasks using voice input.
It will allow you to begin a call, take a memo, do a web search write out a text message just by speaking into your phone. The model works with 4G at breakneck speeds. All the normal functions of the phone are working, such as audio features including loudspeaker, microphone. There is a camera feature with flash which is 1.2MP using its front and 8.0MP using the rear option.
- 4G Network (MHz) 850 / 900 / 1800 / 1900 / 2100 / 2600
- 3G Network (MHz) 850 / 900 / 1900 / 2100
- 2G Network (MHz) 850 / 900 / 1800 / 1900
Other features of this refurbished phone are Bluetooth v4.0 with A2DP
- Wi-Fi 11 a/b/g/n
- Nano SIM
- Hi-Speed (USB 2.0)
If you haven’t seen this phone before, its dimensions are 124.4 x 59.2 x 9mm and it weighs in at 132g. It has an IPS LCD capacitive touch screen. It is powered off a rechargeable Li-Ion battery in as-new condition. It has a RAM of 1 GB so 1080pHD can run and its internal storage is 32GB. In the box you will find with the phone a USB cable, charger and EarPod headphones.
Kogan offers refurbished Apple iPhone 4s
Apple iPhone 4s is also offered on the Kogan website as a refurbished item. It is white in colour and comes with a generous 16GB of storage and 512 MB ram. It uses a microSIM, but is only suitable up to 3G connectivity. But at less than $200 it’s great for a second phone or until 3G becomes obsolete which won’t be a while yet. Telstra has forecasted that to be in 2020. Kogan states that this refurbished Apple iPhone 4S is in new condition and all phones undergo a thorough refurbishment process to ensure anything defective is replaced without compromise. A 12 month warranty is part of the deal to.
It seems that Kogan’s refurbished phones sell out pretty quickly judging from what can be seen on their website. With the trade-ins being offered by some of the telcos there are going to be plenty of second hand phones around that can be refurbished and offered at a competitive price into the future.