SERI R2v3 Certification for Used Cell Phones Businesses
The used cell phone market is hot right now and according to Customer Market Insights (CMI) – Global Refurbished and Used Mobile Phone Market in 2021 was estimated to be at 52.34 billion USD! Over the next decade the CMI market data is showing an estimated tripling of the market to around 150 billion USD by 2030. That represents an outstanding compound annual growth rate of 11.46% from 2022 to 2030.
The question we receive from many small used mobile phone sellers is how do they maximize their market share and get a larger piece of that pie! One way to begin to grow your market share is to develop and expand your supplier channels. If you are currently purchasing and reselling cellular devices or are thinking about getting into it, then SERI’s Responsible Recycling (R2) Certifications is a must.
We are all looking for a competitive edge in the market and with a certification like R2 you begin to stand out from the crowd. For now, R2 certification will give you the creditability to rise above the competition. As it stands now, it is definitely trending towards being a standard in this industry to have this certification in place just to operate. The reasoning behind this claim is that now many of the large cell phone manufacturers and carriers of electronic devices require that buyers like you of used mobile devices have R2 certification in place.
Certification to SERI’s R2 Standard, currently the R2v3 version of the R2 standard will allow qualification of your business to bid at various Business to Business (B2B) liquidation marketplaces and auctions. R2 certification restrictions is becoming the norm for B2B marketplaces for buyers. The following marketing places currently have R2v3 Certification as a requirement for purchasing used electronic devices:
As the world economies develop the demand for low-priced consumer electronics will continue to rise. Additionally, lack of resources such as precious metals needed to manufacture devices dwindles the used device market will become ever more critical to supply the demand.
To learn more about R2v3 Certification here are a few helpful resources for more information:
Market Insight Link:
Custom Market Insights (CMI), The Global Refurbished and Used Mobile Phones Market
(248) 890-9283
#Seri #R2 #R2v3Standard #Electronicrecyclers #Reuse #CellPhoneRecycling #Ewaste #wilkshireConsulting
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