Gadget Recycling Comparison Site CompareMyMobile Give Insight into Trade-in Industry in Exclusive Interviews with Money4Machines and Gadgets4Everyone

Leading mobile phone and gadget recycling comparison site CompareMyMobile is hoping to give users a behind-the-scenes look into the industry, by recently publishing two exclusive interviews with top recycling companies online. Gadget4Everyone’s Managing Director, Sam Hargreaves and Money4Machine’s Chief Operating Officer, Richard Jones, were the first to answer consumer questions.

Consumer FAQs answered

The site conducted these interviews as part of a video series, where the most frequently asked consumer questions are put to recycling companies in the UK. The videos guide users through the recycling process, answer payment queries and take a look into recycling damaged phones.

Both companies also explain why some mobile phone price offers could be downgraded by recyclers - in a bid to clear confusion on the matter.

You can see the videos here and here.

Co-Founder of the site Ashley Turner, says: “As the industry grows the clarity between each recyclers pricing models has actually become more difficult. Some stores will lower the quote for a phone if it has excessive cosmetic damage while others will happily pay full value for it. We’re working ideas to make the sale experience as clear as possible for the consumer.”

Raising awareness of the gadget recycling process

One of CompareMyMobile’s main aims when creating the videos, was to build more trust in the industry. Site experts say that it can be low at times as people assume there must be a ‘catch’.

However, the average UK household has 2.06 phones – and is potentially sitting on 6.86 billion GBP worth of technology. CompareMyMobile’s research on the toxic materials in mobile phones* highlights exactly why these devices should not be thrown away to landfill. The site says people can help the environment, as well as walking away with a heavier wallet, if they just follow the recycling process properly with a trustworthy recycler.

The recycling industry is growing

Since launching back in 2009, CompareMyMobile has grown from showing 13,402 prices from 21 recyclers, to 108,729 prices from 44 recyclers – and say that with such growth it is no surprise that consumers are confused as to where they should send their phone.

The site compares prices and previous consumer reviews of all 40+ UK recycling vendors on the site, so that consumers can see which trustworthy recycling companies can offer them the most cash for an old device. This way, CompareMyMobile guarantees to get people the most money for their handset.

Potential savings by comparing prices on CompareMyMobile

So far, CompareMyMobile have seen a potential 20 million GBP/30.5 million** USD extra earned by people using this site to compare recycle prices – this is the difference between comparing the top and bottom quotes prices for UK companies.

Notes for editors

Custom quotes and further statistics/graphics drawn from 40+ UK recycling stores are available from CompareMyMobile’s main press contact – Co-Founder, Ashley Turner. Feel free to get in touch or check out our NewsDesk or main press pages on the website for previous news. The attached Useful Facts and PR Resource Pack also contains further details.

*See attached Toxic Mobile Phone infographic or see Resource Links

**Figures calculated by consumers trading in an old device from the original quoted value by the recycling company – which is supplied to CompareMyMobile in a product feed