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Home Stock Market

B-Stock & CTIA Set Grading Standards for Pre-owned Mobile Devices

by Samcofi
August 5, 2022
in Stock Market
Reading Time: 1 min read
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The Problem:

As demand pre-owned cell gadgets rose, the numerous gamers on this secondary market had no shared commonplace for grading the situation of those gadgets. Consumers have been pressured to depend on arbitrary phrases like “Glorious” or “Grade B” and had little or no thought of what they have been going to obtain. This led to disputes between events, damaged belief between patrons and suppliers, misplaced time, and wasted money worth.

The Answer:

CTIA Certification(™) got down to create a voluntary grading commonplace to be used by all events within the cell system secondary market. They and assembled a board of specialists representing a few of the prime stakeholders within the cell business—together with B-Inventory, a web based public sale platform that connects patrons and sellers of pre-owned cell gadgets. The event and launch of this commonplace was a recreation changer.

Outcomes:

With B-Inventory encouraging all customers to abide by this newly developed commonplace, sellers and patrons alike noticed a number of constructive outcomes. Advantages of this new commonplace embody slowed system depreciation, elevated curiosity amongst new bidders, and a large discount in disputes over itemizing accuracy and system situation.

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Tags: BStockCTIADevicesGradingMobilePreownedsetstandards
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