BinaryDay

Analyzing the mobile phones market in India

Sell used mobile phones

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What do you do when the mobile phone manufacturer comes up with a much cooler handset just 6 months after you have purchased a cool mobile phone?

You have 3 choices

  1. Continue with your existing mobile phone
  2. Gift your used mobile phone to your younger sibling
  3. Sell your used mobile phone

I have thought about it for quite sometime now. All the 3 methods have their pros and cons. However I think that option 3 is your best option. I will use the method of elimination to prove that selling your used mobile phone is the best way out.

The advantage of continuing with your old handset is that you do not have to suffer the loss of price. Is that true?? You had bought a mobile worth 18,000Rs. Irrespective of whether you sell the used mobile phone or not, you now have a mobile that is worth only 12,000Rs. So you have already lost the money. You need to simply acnowledge the loss.

Similar logic applies to option 2 as well. Actually this is a much worse option for 2 reasons. a) Most probably your brother/ sister does not need as feature rich phone as your old mobile phone and b) no one appreciates getting a second hand phone as a gift.

Instead what you should do is sell your used mobile phone in the market. Put in some additional money to buy the mobile handset that you want. If you want to gift a mobile to your sibling, then simply buy a mobile that he truely needs and buy him a new mobile.

P.S:

1. I may be a little biased as I am working on a website that will allow you to buy and sell second hand mobile phones. It is still a work in progress. However you can check it out at contacthello.com

2. Your brother may like to buy a second hand mobile. However let him make the choice. Remember mobile phone is a personal object and people like to use one of their choice.

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Written by admin

September 26th, 2008 at 10:55 am

Posted in General

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