Is refurbished technology the future of electricals retailing?
Interest in secondhand products is at an all-time high, with preloved fashion, furniture and books currently all the rage, but is the same true for technology?
Despite refurbished electronics not yet reaching the same heights as secondhand fashion, there is still a growing interest as savvy consumers look for ways to be sustainable and save money in a cost-of-living crisis.
Refurbished mobile phones are perhaps the most popular, with research from tech analyst firm CCS Insight showing sales of used mobile devices generated $13.3bn (£10.5bn) in global revenue in the first quarter of 2023.
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