India

Online Learning Leads To Surge In Sale Of Second-Hand Smartphones

By
OB Bureau

There has been a boom of sorts in the second-hand smartphone market in India propelled by online learning. Having realised that online learning is here to stay at least till the schools reopen, parents are scouting around for second-hand devices for their children.

“One of the interesting trends we have seen during the pandemic is that a lot of people have started to buy devices for their kids,” Mandeep Manocha, co-founder and CEO, Cashify, was quoted as saying by indianexpress.com.

“We saw a completely new pocket of demand coming up where parents are buying devices for their kids,” he added.

Manocha told indianexpress.com that the demand for pre-owned phones is coming from across the country, though consumers from tier-3 and tier-4 cities are more inclined towards buying a used smartphone. Previously, tier-3 and tier-4 cities used to contribute 20 percent of demand on Manocha’s platform but now it has jumped to 35 percent.

The demand for pre-owned devices, especially smartphones has also gone up on Olx during the pandemic. There was a 109 percent growth in the mobile category on the platform in July, reported indianexpress.com.

“Work from home is definitely driving the growth,” Head Horizontal business unit at Olx India Tarun Sinha told indianexpress.com. So if you look at the demand side of the ecosystem, there is a 40 percent growth and even on the supply side there has been a 71 percent growth in the month of June over May,” he added.

Sinha said Apple, Samsung, RealMe, Oppo, Vivo, Oneplus an Xiaomi are in demand on Olx.

Anticipating that the surge might be temporary, Varun Misra, an analyst with research firm Counterpoint told indianepxress.com, “Once things normalise and educational institutes re-open, the dependence on mobile for education will reduce.” Studying on a phone has its limitations like smaller screens because of attention spans and bad networks, he said.

OB Bureau

Recent Posts

States Can’t Take Over All Private Properties For Common Good, Rules SC

New Delhi: The Supreme Court on Tuesday held that states are not empowered by the…

November 5, 2024

Centre Sends Notice To Wikipedia Over ‘Bias & Inaccurate Information’

New Delhi: The central government has sent a notice to Wikipedia—which endorses itself as a…

November 5, 2024

4 Journalists From Odisha Injured In Road Accident In Tamil Nadu

Bhubaneswar: Four journalists from Odisha sustained critical injuries when as the SUV carrying them rammed…

November 5, 2024

‘Untimely’ Rath Yatra In Huston: Puri Gajapati Asks ISKCON Not To Test Patience Of Lord Jagannath Devotees In Odisha

Puri: Gajapati Maharaja Dibyasingha Deb on Tuesday said legal action would be initiated against International…

November 5, 2024

Madrasas Can Now Function In UP, SC Upholds Constitutional Validity Of 2004 Act

New Delhi: In a big relief to about 16,000-odd madrasas in Uttar Pradesh, the Supreme…

November 5, 2024

Social Worker Critical In Sword Attack By Bike-Borne Miscreants In Odisha Capital

Bhubaneswar: A young man, stated to be a social worker, was critically injured after being…

November 5, 2024

Cricket, Queen Of Hearts, Social Media & The Big Rohit-Virat Question

Off with his head', orders the Queen of Hearts and off goes a head. The…

November 5, 2024

Canadian Cop Suspended For Protesting Outside Hindu Temple Holding Pro-Khalistani Flag

Ottawa: A Canadian cop, identified as Sergeant Harinder Sohi—a Peel Regional Police officer— was reportedly…

November 5, 2024