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though aspirant consumers from SECs B, C and below are buying more secondhand goods," Chulet said.Amarjit Batra, CEO, OLX.in, a classified site for used goods offering consumer-to-consumer (C2C) transactions, added: "As product lifecycles decrease, people are buying more second-hand products....
supply of and demand for used goods have increased five times," said Chulet.Ram Nutakki, founder of Hyderabad-based brick-and-mortar YNew retail chain for secondhand smartphones, laptops, tablets and televisions, said the consumption lifecycle is six-eight months for smartphones, 18-24 months ...
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