ecoATM Survey Finds Current Tablets Meeting Needs as Biggest Reason for Not Upgrading
San Diego, Calif. – With the anticipated iPad® unveil this week, a new survey from ecoATM reveals what new features would motivate consumers to upgrade and trade-in their old tablets. The survey found that 52 percent of consumers would consider upgrading their current device if the new iPad has a longer battery life and/or lower price point. Further findings from the ecoATM survey include:
Additionally, a study from Bamboo Mobile, a division of Compass Intelligence Research, indicates that cash is the main motivator for consumers to recycle their mobile devices with 43 percent of Americans choosing cash over store credit, gift cards, and other incentives. ecoATM offers cash on the spot for tablets, phones and MP3 players at approximately 1,100 locations in 41 states. ecoATM announced in August 2014 its collection of three million total devices at ecoATM kiosks nationwide, of which used and unwanted tablets were a portion.
Current trade-in values for top tablets are:
“The refurbishing and recycling market for tablets is still relatively young in comparison to smartphones; the EPA cites most consumers update their smartphones every 18 to 22 months and explore options for device trade-ins,” said Mark Bowles, co-founder and CMO at ecoATM. “ecoATM provides consumers with a smart recycling option, instantly rewarding them with cash on the spot while simultaneously rewarding the environment.”
For more information and locations, please visit https://www.ecoatm.com/.
Methodology: The survey was conducted by Edelman Berland between October 3-7, 2014, asking 1,000 tablet owners for insights
ecoATM, an Outerwall Inc. (Nasdaq: OUTR) brand, is the first company to create an automated self-serve kiosk system to buy back old phones, tablets or MP3 players for cash. ecoATM uses patented, advanced machine vision, electronic diagnostics, and artificial intelligence to evaluate electronics. ecoATM’s eCycling stations provide a convenient trade-in solution with features that validate sellers’ identities and deter the sale of stolen phones, and the company collaborates with national, state, and local law-enforcement groups in combating mobile phone theft through innovative use of technology and education (https://www.ecoatm.com/law-enforcement/).
ecoATM holds Responsible Recycling (R2) and ISO14001 certification, confirming the company’s commitment to maintaining the highest standards of electronics recycling, as well as ISO27001 certification for information and personal data security. See https://www.ecoatm.com/how-it-works/ for a video of how an ecoATM kiosk works. For more information, visit www.ecoatm.com and for more information about Outerwall Inc. please visit www.outerwall.com.