Nearly 75% of pre-mobile phone buyers and 55% of former mobile phone marketers in the consumer electronics market are OLXs who are between 19 and 29 years old, a new study said. The desire for improvement is the main reason for the sale of mobile phones to 68% of Indian households. Next, 27% of respondents said that “depression” is the main reason for the sale of mobile phones, the research said. With high penetration and frequent updates, consumers often switch to new models in a few months. This leads to good quality and used phones are fairly new to the market in the months following their launch, “said Amarjit Singh Batra, CEO of OLX India, in a statement. ” With consumers, we are also seeing the interest of leading mobile brands, taking advantage of our platform to reach users seeking to upgrade. . Mobile is our biggest selling point and is up 45% year-over-year, “Batra said. Nearly 10 million mobile phones Mobile accessories have been listed on OLX for the fiscal year 2016-17. Researchers note that people receive a 25% higher value when selling is offline compared to offline sales and is 47% higher than by the exchange. The fiscal year has finally seen an increase in Chinese brands moving into the list on OLX, with the list of market leaders as well as declining Indian manufacturers. / p> “In the 2016-17 financial year, Chinese Xiaomi branded shares rose from 4.2% to 12.8% on OLX,” the report said. In addition, the average price of each mobile phone on OLX was Rs 9,000, up from Rs. New smartphones are sold in India in the first quarter of 2017. . .
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