There’s a good chance you’ve seen the uSell commercials on television, urging you to sell your old and unused electronics. It’s a growing issue that needs to be addressed more and more lately, as new technologies seem to upgrade and appear on shelves before we’ve even adjusted to our current devices. In fact, the value of iPhones depreciate at a rate of 5% per month, and Androids at 10%.
Nik Raman, founder and COO of uSell, hopes to combat “gadget hoarding,” a condition many people may not be aware they are experiencing. Over the years, uSell has also prevented more than 200,000 devices from ending up in landfills.
Research made by the company presents some data that may surprise you:
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