Monthly Archives: February 2021

The global market for refurbished computers and laptops is expected to reach a value of $4.9 billion by 2027. Laptops are expected to account for 63% of that market share, with models from manufacturers such as Lenovo, Dell, Samsung, Acer, ASUS, Apple, and HP set to dominate sales.

There are several factors driving this surge in refurbished laptop sales. These include an increased demand for eco-friendly solutions for increasing tech demands, a reigning in of business budgets causing a more creative approach to technology acquisition, growing home and leisure demand for laptops, and the affect of a global pandemic that is changing the way we work and study.

Laptops and tablets have increasingly become a necessity for people to perform tasks faster, especially in the midst of the pandemic

When considering new business options you can start on a limited budget, reselling merchandise has become a particularly interesting option. Reselling merchandise you purchased at a low price is the sort of business you can run (on any scale), from purchase to sales, from the comfort of your home. However, jumping headfirst into a business will bring you more trouble than profit. In fact stats show that around 20 percent of businesses close their doors one year after starting up. Only 30 percent of businesses survive their first decade. 

In fact, if you are employed currently and are not sure whether you should leave your job and explore the entrepreneurial waters full time, starting your resale business on the side would be the best option for you, at least until you find the right market and business model to commit to.

Selling refurbished electronics online

Customer behavior has changed over the course of 2020. The outbreak of the Coronavirus pandemic led to a large number of people being forced to work from home. This resulted in a shopping spree for laptops and other devices. Stores were soon out of stock when it came to brand new models, or, at least out of those models that were accessible to average buyers. 

This led to a rise in popularity in the resale industry, and saw a large increase in demand. The average buyer turned to refurbished electronics for their home office needs. If you are a reseller who offers, or is considering offering, refurbished electronics, and is looking for a reliable source to load up on inventory, you’ve come to the right place.

In fact, the refurbished e

A few years ago, the drone market in the United States and around the world was primarily a military concern. However, a rise in quality and technological advancement, a lowering of price, and increasing consumer interest fueled by private instead of government investment have seen the commercial drone sector explode. It is now set to be worth an astonishing $6.3 billion by 2026.

As of January 2021, there were 1,782,479 drones registered in the United States, and of that figure, 71% were registered for recreational usage while 29% were registered for commercial use in sectors such as the arts and entertainment and agriculture.

Why is the Market Growing?

But what has driven this explosion in the commercial sector? There are three main factors.

Firstly, most recent major

There was a time when the refurbished smartphone market was relatively small and didn’t look to be going anywhere fast. Spin back to the early 2010s and an abundance of new models, consumer enthusiasm for anything shiny and new and an economic recovery following the 2008 crash, paired with customer willingness to take on credit debt, meant most customers were happy to trade their old phones in for brand new ones every couple of years. Refurbished smartphones were mainly the preserve of discounters and customers who were not able to take advantage of cheap credit deals.

How times have changed! By 2019, global shipments of secondhand and refurbished smartphones had reached a total of 206.7 million units, with projections that this will increase to 332.9 million units by 2023. What in 2013 had been a small market, was by 2017 a global m

We recommend only sourcing brand-new items when looking to sell electronics on Amazon as a new seller. The reason for this is simple: It's very difficult to sell used or refurbished electronics through their platform, unless you have experience and tens of thousands of dollars of sales in your business' history. In order to sell Apple products we're talking about an order history of at least $2.5 million dollars. If you think you qualify, continue reading, otherwise check out our listings of new electronics. 

Due to the coronavirus pandemic, the year 2020 has brought a shift in consumer behaviour and demand, with more buyers looking for affordable electronics.

Many sellers have spotted this new opportunity, but sourcing the merchandise to meet this demand requires new thinking and a new approach. Sellers who have mostly dealt with brand new merchandise until now and new sellers, are likely to need guidance on