Want will provide European consumers the chance to trade used tech gadgets for cash. To do that, Want proprietor ContectLogic has entered right into a partnership with refurbished items supplier Remarketed. This system will begin within the Netherlands subsequent month, adopted by different European international locations.
The ‘Want Commerce-In’ program permits shoppers to trade their used smartphones, tablets, laptops, smartwatches, and different previous tech gadgets for money, “with no strings connected”; shoppers shouldn’t have to spend the cash at Want’s on-line market.
Immediate valuation
Remarketed, primarily based within the Dutch metropolis of Groningen, will present an on the spot estimated valuation primarily based on the submitted gadget’s age and situation. Prospects can ship their used merchandise at no cost (due to pay as you go transport labels) and obtain fee after verification. Want will refurbish chosen objects and resell them on its platform.
Advantages
Alan Small, Director of Enterprise Improvement at Want, highlights the varied advantages of the buyback program: “In addition to placing money again into the palms of our prospects, it considerably reduces e-waste by extending a product’s life”, he explains.
‘This system considerably reduces e-waste.’
The initiative can also be in step with Want’s enlargement of its refurbished items, in accordance to Small: “The launch of our trade-in service enhances our just lately expanded vary of refurbished electronics which permits prospects to profit from new applied sciences at a fraction of the value.”
Recommerce is booming
The recommerce market is booming, which is why many different platforms are additionally investing in it. Demand from European prospects has already propelled second-hand purchasing on Amazon right into a billion euros enterprise.
Want relisted
Want, based in 2010, is headquartered in San Francisco. A lot of the listed merchandise on the net market come from Chinese language producers and retailers. Want was boycotted in France from the tip of 2021 however was relisted a few 12 months in the past.