Again Market launches buy-back service


Stacked equipment for recycling.

Again Market’s service goals to reroute an estimated 100 million units sitting in drawers nationwide. , Andras Sontos/Shutterstock

On-line refurbished electronics market BackMarket has launched a US program that enables customers to promote their units on to refurbishers.

Underneath the initiative, again market clients obtain aggressive bids for the supplies they use.

“For patrons, it’s a handy and quick technique to promote their used electronics. For our refurbishers, it’s entry to a different provide channel of used electronics to refurbish and promote,” mentioned normal supervisor of Again Markets Lauren Benton mentioned in a Press launch, “This retains gear in circulation and out of landfills whereas persevering with to feed the again market’s pipeline of high-quality refurbished gear.”

BackMarket estimates there are greater than 100 million units sitting in drawers nationwide, and the corporate’s buyback program goals to deliver these gadgets again into circulation.

This system begins with clients finishing an analysis of their system, answering questions in regards to the model, mannequin, storage capability, performance, and display and physique situation. Then, again market renewers place bids and clients select which provide to take.

“Bids might fluctuate relying on market demand, however this distinctive construction provides clients the most effective alternative to obtain aggressive presents for his or her gadgets,” the press launch mentioned. “A buyer receives money in his checking account after mailing in his system and the renewer has confirmed that the system is as described within the evaluation.”

BackMarket began in 2014 and now operates in 16 international locations, with 650 staff in its 5 places of work in New York, Berlin, Paris, Bordeaux and Barcelona. The corporate has raised tons of of tens of millions of {dollars} in recent times to develop all over the world.

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