Many people up and down the country. The old and young alike, are digging out and dusting off their old mobile phones and electronic devices and recycling them for cash to a certain mobile recycling site. It is a pleasure to get some cash back for the old mobiles and gadgets you do not use anymore. And you can even get cash for broken phones so it is rewarding when you get a price for your mobile and are surprised by how much you can actually get.
When you recycle your mobile. It goes through checks and stages. It can either be refurbished and then resold on again to other people. Maybe those in poorer countries where they can not afford new mobiles but need to stay in touch with family and friends etc. Or it can have its working parts taken out and used as replacement parts in other mobiles that are sold on again this way. Or wisely, it is recycled completely to make new products which can in turn, help people out in other ways there too.
These reasons to recycle your old mobile for cash will give you more of an insight into why people do. At the end of the day, there is only so much you can say on the matter. But there is still a way to go when it comes to mobile phone recycling so that it truly can have a helping effect on our Environment.
Plain and simply for the monetary incentive of getting cash for your old mobile phone. Studies have shown that statistically around 80% of people would only recycle their mobile for money or some other incentive. Fortunately this is the case for working and broken phones alike. And you can even get Gift Vouchers for mobile phones now.
As you may know, the recycling of mobile phones (and similar electrical gadgets) helps the Environment in a number of ways. It reduces landfill for starters. Where mobiles, and their batteries, can contaminate the earth and grounds natural food and water supply which can cost millions more to treat safely. It also reduces mining in places where there are delicate ecological systems or endangered species of wildlife. All the metals, plastics, glass and materials from the phone can be extracted and used again in new products. So by recycling your mobile you are essentially offsetting its carbon footprint which means less damage to the Environment.
BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s ecommerce marketplace, it announced this morning. Shares of Austin-based BigCommerce rose sharply in pre-market trading after the news, gaining around 10% before the bell.
Walmart, best-known for in-person shopping, has proven an ecommerce success story in recent years. For example, in its most recent quarter while Walmart as a whole grew 7.3%, its ecommerce sales advanced 69%.
BigCommerce has also reported strong growth in recent quarters, supported in part by partnerships similar to the one that it announced today. The ecommerce SaaS provider rolled out an integration with Wish last year, for example.
In a call concerning its earnings, which were announced before the Walmart news was announced, BigCommerce CEO Brent Bellm told TechCrunch that his company had been impressed with customer uptake of the Wish integration. Regarding the Walmart partnership, in a second interview Bellm told TechCrunch that it was overdue on the BigCommerce side; given the historical success of the Wish deal, it will be curious to dig into how many of the ecommerce platform’s customers opt to sell on Walmart, and how quickly they do so.
TechCrunch also spoke with Walmart exec Jeff Clementz about the arrangement. He stressed Walmart’s online customer monthly-actives — 120 million, per his company — and the breadth of their demand; BigCommerce customers selling on Walmart could expand its product diversity, helping the traditionally physical retailer possible continue its rapid growth.
The two companies are incentivizing adoption of the deal amongst BigCommerce customers by waiving certain fees for a month for retailers that sign up to sell on Walmart; Clementz described it as the first time that his company had offered a “new-seller discount.”
TechCrunch has had its eye on BigCommerce for some quarters now, thanks in part to its 2020 IPO. But the company is also interesting as its regular earnings results provide a lens into the world of ecommerce growth amongst independent digital retailers. Shopify, a chief BigCommerce rival, provides a similar view into the ecommerce world.
Shopify previously integrated with Walmart in the middle of 2020.
Looking ahead, it will be interesting to see if the Walmart partnership helps BigCommerce continue its improving revenue growth. The company is in a marketshare race with Shopify. But while BigCommerce’s rival has posted impressive growth from its integrated solutions, like its payments service, the Austin-based company stresses what it calls a more open model. Shopify charges many customers a percentage of their transaction volume for using a third-party payment solution over its own, for example, which Bellm described as a “tax” during an interview.
“Merchant Solutions” revenue at Shopify, which it generates “principally” from “payment processing fees from Shopify Payments,” grew 116% in 2020 to a little over $2 billion.
So with BigCommerce collecting a partnership with Walmart to match Shopify’s own, we’re seeing not merely two ecommerce platforms go toe-to-toe on providing their customers with as much market access as they can, but two different business philosophies compete. Akin to Microsoft Teams and Slack, it’s a competition to spectate.