UK sitting on $9.22 Billion worth of unused mobiles.
There are 91.5 million mobile devices gathering dust bunnies all over the UK. After a new report from mobile phone and tablet recycling price comparison site SellMyMobile.com it was revealed that there are over £6.86 billion unused phones lying around British homes.
The report shows the average UK mobile phone user has more than 2 phones at home and 78% have at least one unused device at home, while 33.7% are holding on to three or more devices.
According to SellMyMobile.com, the average handset is now worth around £75 (when recycled online). That being said, British consumers are missing out on a potential £154.40 from old devices.
When asked why they have been unable to part with their old handsets:
- 19.26% said, that they are just ‘too lazy’
- 18.7% said, that they ‘don’t know what to do’ with them.
- 14.9% will hold on to their device as they are ‘afraid that personal data will be jepordized’
- 11.8% aren’t sure how to wipe data before selling it.
Colin White, managing director at SellMyMobile.com said,
“In today’s tough economic climate, some extra cash can make all the difference. So it’s surprising that we are literally sitting on a potential goldmine stashed away in boxes at home. There are so many companies willing to pay good money for consumers looking to recycle their old phone, and they all offer tips and advice if you are unsure about how to send it off, or how to wipe old data from your phone.”
The latest data from January trade-ins via SellMyMobile.com, show Apple’s 16GB iPhone 4 has been the most traded in handset in January 2013, offering £139, followed by the BlackBerry Curve 8520 for £54. The most valuable device as present is the BlackBerry Porsche Design worth up to £547, followed by the Apple iPhone 5 64GB at £400.
Kevin is an Online and Mobile Marketing Strategist who has worked with companies of all sizes over the last 6 years. You can follow Kevin on any of the social platforms below.
