Assessing pre-owned smartphones manually is not easy nor efficient. First, there’s a problem of scale—massive amounts of trade-ins are conducted every year. Here at HYLA, we processed 3 million pre-owned phones in 2019, which amounts to over 10,000 phones per day. Hiring the number of workers needed to assess these phones purely by hand would be cost-prohibitive, especially since some of these phones aren’t able to return much value other than the cost of their recycled raw materials.
Karl Medina
Recent Posts
Adding Automated Diagnostics to the Smartphone Grading Process
Topics: Device Trade-in Solutions
Transforming the Retail Market with Mobile Trade-in Technology
For nearly a decade, Big Box Retailers like Best Buy and Walmart have been aggressively pursuing mobile phone sales. At this point, smartphones make up a significant portion of revenue.
Topics: Analytics, Omni-Channel Device Collection
Transforming the Mobile Insurance Market with Mobile Buyback Solutions
Insurance is a big part of the mobile ecosystem. In 2013, Warranty Week estimated that more than 60%-66% of smartphones were insured through a protection plan.
Earlier this year, Market Reports Hub estimated the global mobile phone insurance market to be nearly $31B in revenue by the end of 2015.
Topics: Omni-Channel Device Collection, Device Insurance Solutions
Transforming OEMs' Mobile Device Buyback with Mobile Technology
The mobile device industry has long been one of the most complicated businesses—right up there with the process of buying a house or a new car.
However, OEMs didn’t have to worry much about this complexity because of the tight link that always existed between them and carriers.
Topics: Omni-Channel Device Collection
Transforming Wireless Carriers’ Market with Mobile Trade-in Technology
I remember the last time I went in to buy a new mobile phone at a carrier store—the store was small, located in an outdoor mall.
Inside, there were three sales reps helping different customers and a few groups of people ahead of me, in line. It took about 20 minutes, for which I browsed in the crowded store, until someone was able to help me.
Topics: Device Processing and Liquidation, Omni-Channel Device Collection