| The
Opportunity by The Numbers
By Conrad
Melancon
Do
you need to make some extra
money – Are you looking
for a low cost business? If
the answer is yes, then we’ve
got the perfect opportunity
for you!
There
are nearly 200 million cell
phone users in the US all of
whom upgrade their old cell
phone, on the average, every
18 months. This means that more
than 11 million cell phones
are retired every month in the
US alone. As of the writing
of this article less than 5%
of these phones are collected
for reuse and recycling. This
means that this business has
a tremendous upside –
opportunity is everywhere you
look!
Just
think about it, if each of those
cell phones retired every year
have an average sale value of
$10 - that’s $110 million
which is just lying around gathering,
not interest, but dust. In fact
with every passing day those
retired cell phones are losing
value.
But
fear not fellow entrepreneurs,
each day about 360,000 more
cell phones are added to the
stockpile. That’s more
than 4 each second. Before you
are done reading this article
another 500 cell phones will
be retired.
How
can the eco-entrepreneur, the
college student, or the stay
at home mom capitalize on this
phenomenon? Each month that
will be the subject of this
department - Recycle Cell Phones
for Profit. We will provide
tips, experiences and useful
tools that will help the ambitious
make the most of their cell
phone recycling efforts
This
month we encourage everyone
to download and read our e-book
For
Cell by Owner – The
Cell Phone Recycling Guide.
This resource is invaluable
when determining how to make
a profit recycling cellphones
in your area.
Watch
for next month’s story
– Collection Strategies:
Go Where the Cell Phones Roam.
Conrad
Melancon is the President
of He
joined the company
in November of 2004
as the Director of
Business Development
and assumed his current
position in December
of last year.
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