Trade-in
28
May
2025
2
min read

Fergal Donovan Cyculus: why European trade-in programs need a multi-buyer strategy

Despite growing interest in sustainability and circularity, Europe still lags behind in mobile device trade-in programs. Many enterprises continue to rely on single, linear trade-in partners. But as the market evolves, a multi-buyer back-end is no longer optional, it’s essential for value, flexibility, and scalability.

Maximising trade-in value

Fergal Donovan, telecom and secondary market expert and CEO and founder of German Device-Processing-as-a-Service company Cyculus highlighted the value of a multi-buyer trade-in system recently. SecondaryMarket.news agrees that platforms and trade-in enablers like NorthLadder, Dipli, CompaRecycle, Alchemy, Auchnet, and Assurant (and many others) boost competition by allowing several buyers to bid on traded-in Apple iPhones and other devices. This competitive setup ensures higher offers and enables businesses to maximise returns. Real-time price comparisons give enterprises the tools to secure the best value per device, making trade-in programs more profitable and efficient. According to Fergal Donovan, adopting such systems is key to increasing profitability and staying competitive in today’s secondary device market.

Ensuring operational flexibility

If one buyer halts intake of specific devices or experiences delays, others in the network can fill the gap. This redundancy helps maintain continuity and delivers a seamless customer journey, even when logistics or demand shift.

Supporting scalability

As trade-in volumes grow, a single-buyer setup becomes a bottleneck. A multi-buyer structure enables expansion, geographically or by product category, including wearables or accessories, without needing to overhaul existing processes.

Leveraging data and insights

A multi-buyer platform also means access to richer analytics. Businesses can monitor buyer performance, spot pricing trends, and respond to customer behaviour with more tailored trade-in offers.

Reducing risk exposure

Relying on just one buyer creates vulnerability. Diversification protects against contractual issues or sudden market disruptions, keeping trade-in pipelines stable.

Improving customer experience

With more buyer options, companies can deliver faster quotes, higher trade-in values, and smoother processing. This directly enhances customer satisfaction and retention—an increasingly critical metric in a competitive pre-owned device market.

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