The smartphone age is not going anywhere, and enormous numbers of consumers continue to invest hundreds of pounds in high-tech devices such as Samsung Galaxys, iPhones and OnePlus models. Smartphone technologies occupy huge swathes of the digital landscape, despite often coming at a retail price of over £600.
With many consumers opting for restrictive, two-year contracts on mobile phones, Liam James and fellow tech-lover Matt Green became increasingly frustrated with these expensive deals in challenging financial environments. Alongside this frustration came a realisation that a gap in the market existed for high-quality, refurbished mobile phones — and iOutlet was born.
The company buys up second-hand iPhones and other handsets in bulk, refurbishing the devices and unlocking them, with heavily discounted prices for relieved customers.
Since the e-commerce business was launched on eBay, the co-founders have opened two physical stores in Plymouth. iOutlet’s founders were celebrated in the 2016 Herald Business Awards for Young Business Person, with the firm being recognised as one of the most successful ecommerce start-ups to emerge from the UK in recent years.