While the economics of a business are among the first items to consider, its sustainability within the social environment is frequently a telling factor of long-term success. For Cellular Recycler, it is important to look at societal trends in recycling in the U.S. and global trends in communication, particularly in regards to developing countries.
Historically, there has been a technological imbalance between the affluent and less affluent and between developed and developing countries. Often referred to as the ‘trickle-down’ theory, technology products tend to be more expensive at the onset and therefore only available to the wealthy strata.
Over time, however, future iterations of the product become less and less expensive and therefore available and practical to the lower strata. The impact of this lifecycle on the cellular industry is that as cellular technology evolves, there will always be those who adopt the newest version and those who will wait, creating a continuous cycle of new and old product.
Cellular Recycler’s place in this industry allows us to help:
- Non-profits with fundraising support through our collection programs;
- The environment through prolonged use and proper disposal of cell phones; and
- Developing countries to increase the growth of their GDP.
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