HYLA Blog

The impact of coronavirus on the pre-owned device market

Posted by Biju Nair on Mar 31, 2020 8:00:00 AM

The impact that coronavirus has had on the world is truly shocking. It has robbed families of loved ones, disrupted global economies and generated tremendous levels of fear and anxiety. It has most certainly affected the global mobile device industry. Since the virus emanated in China, Chinese production lines for electronic devices have been significantly disrupted – factories and retail stores have closed while authorities work fast to stem its spread.

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Topics: Device Trade-in Solutions, TechTalk

Protecting Data Privacy during Device Trade-Ins

Posted by Scott Bruce on Mar 25, 2020 9:00:00 AM

Customers are hanging onto their phones longer than ever, with the average consumer now waiting about 3 years before trading in their phones. What this means is that when a user finally does trade in their phone, it's hard drive potentially contains more information than ever – information that could be used to steal customer identities or commit other data crimes. Smartphone trade-ins might be a valuable source of revenue, but how can carrier, retailers and OEMs protect customer privacy?

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Topics: Device Trade-in Solutions

Accelerate Your Workforce with Device Trade-In

Posted by Gary Cherner on Feb 27, 2020 8:00:00 AM

Increasingly, your workforce cannot get their jobs done without mobile devices. Retail workers use mobile devices to check inventory in stores or check out customers at the front desk. Rideshare drivers use apps to track their mileage and get directions. Workers all over the country use their mobile devices to work remotely. Given that so many workers rely on mobile devices for their jobs, shouldn’t they have the best devices available?

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Topics: Device Trade-in Solutions

2019 Year in Review: Consistent Growth for the Trade-In Market

Posted by Linda Serges on Jan 30, 2020 8:00:00 AM

Each quarter, we publish insights into the most-traded devices, which devices have the highest trade-in values, how old devices are when they’re returned, the amount of money returned to consumers through trade-in programs, and more. The Q4 2019 data can be reviewed here and shows this past quarter to be the strongest quarter of the year.

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Topics: Device Trade-in Solutions

4 Ways to Grow Mobile Retail Sales

Posted by Scott Bruce on Jan 21, 2020 9:00:00 AM

It’s difficult to understand how many smartphones are purchased online versus how many are purchased in brick-and-mortar stores. However, it’s easy to infer based on two other statistics. First, global demand for smartphones is slowing, and secondly, retail and electronics sales have also shown a sharp decline as of October 2019.

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Topics: Analytics, Device Trade-in Solutions

CES 2020 Preview: Getting to the Core of 5G Hype

Posted by Scott Bruce on Dec 23, 2019 8:00:00 AM

Over the last couple of years, CES has been a central hub for all-things 5G. The hype has been building for years and as we approach CES 2020, you can be sure that there will be no shortage of 5G news once again.

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Topics: Device Trade-in Solutions, 5G

Mobile Devices: The Holiday Gifts That Keep on Giving

Posted by Scott Bruce on Dec 19, 2019 9:00:00 AM

The holiday season truly is the most wonderful time of the year for the mobile device industry. During the holiday shopping season, consumers are more likely to upgrade to the latest smartphone models—and carriers, OEMs, and retailers are right there with creative promotions to make it easier.

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Topics: Device Trade-in Solutions

On a Budget? Here’s How to Upgrade Your Mobile Device

Posted by Scott Bruce on Nov 19, 2019 9:00:00 AM

The cost of a flagship mobile device is creeping slowly upwards. First, phone contracts changed – the apparent price of a flagship phone went from $200 USD to around $600. Then, people started hanging on to their new phones for longer – demand went down. On average, people used to get a new phone every 2 years or so, but the average jumped to 3.04 years this past quarter and will continue to rise. 

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Topics: Device Trade-in Solutions

How is Gen Z Affecting the Mobile Market?

Posted by Gary Cherner on Nov 13, 2019 9:00:00 AM

The first smartphones began coming out back in 2007, over 10 years ago. The first people who bought smartphones then were generally in their 20s or 30s – but now a new generation is buying the first phones of their own. They have a different set of tastes and values, as well as a generally different income level. Are any of these people willing or able to purchase a brand-new iPhone 11 for over $1000 USD?

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Topics: Device Trade-in Solutions

Q3 2019 Mobile Trade-In Data: Trade-In values continue their upward climb

Posted by Linda Serges on Oct 31, 2019 8:00:00 AM

Each quarter we analyze the millions of data points we’ve acquired and filtered from the mobile device trade-in market. Our research examines data about the most-traded devices, the devices with the highest trade-in values, the total amount of money returned to consumers in the United States, and the average value of traded devices.

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Topics: Analytics, Device Trade-in Solutions, 5G

About This Blog

The HYLA Mobile blog is a place for thoughtful dialogue that will ultimately change the perception of “used” phones around the world. Visit the HYLA website to learn more.

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