The market for refurbished technology has seen an exponential rise in demand in recent years. Consumers have been convinced to buy reconditioned devices due to price considerations, environmental concerns, and the availability of lifetime management services.
The rise of the refurbished market is largely due to a number of factors, including the pandemic’s forced increase in internet usage, consumer tastes, the importance of brands, the nature of the services provided and most importantly – cost efficiency. Refurbished products are gradually rising to prominence and even becoming preferred options. Most consumers no longer view them as “used” or “second-hand” products whose performance was variable because the products are more dependable and only sold to clients after careful inspection and quality control.
With the increasing inclination towards refurbished products, a number of players are making their way into the market and offering the customers a variety of options to choose from.
Below is a list of the top 5 platforms to look out for before buying a refurbished product.
XtraCover
XtraCover is an eCommerce platform that caters to the lifecycle management services of smartphones and other electronic devices. With its operations dating back to the end of 2019, XtraCover has been working towards creating awareness in the Indian ecosystem that would lead to making refurbished devices a valued choice, if not the preferred choice, of customers for their technology purchases. All of Xtracover’s services – refurbishment, repair, extending warranty and buyback of old devices for refurbishment/resale, add up to this goal and the company envisions itself as a premium consumer brand in the market.
Furthermore, offering XCQC quality checks and certification to a one-year warranty on refurbished devices builds trust between Xtracover and the consumer as it assures the latter that they can get it repaired if and when the need arises for minimal or zero cost.
Cashify
Founded in 2013, Cashify has evolved into a re-commerce leader in India. Apart from smartphone buyback, Cashify is now a smartphone-centric brand providing all-round mobile care at the doorstep of smartphone users. While primarily established as an online platform that facilitates hassle-free smartphone buyback, the key factors that set Cashify apart are the emphasis on data privacy, objective pricing and instant payment. Their salient features: Use their buying guide to purchase the smartphone that’s best suited for you, buy the trendiest high quality mobile accessories that gives the customers the edge, get the phone repaired at an affordable price etc.
Budli
It started in 2015 with a mission to provide technology access to 100 million people through recommerce. It tried to bridge the divide between India’s smartphone haves and have-nots. Since its launch, the company has grown to 350,000 registered users, partnered with a 1,000+ offline retailers and ecommerce platforms, and reached 25,000 pincodes. It has also worked with some of India’s most prominent unicorns, including Flipkart, Swiggy, Zomato, Ola, and BigBasket.
Overcart
Overcart is India’s first marketplace for over-stock, un-boxed, refurbished, and pre-owned products. With a comprehensive quality-check process, expert product knowledge, and unparalleled customer focus, this is the safest place for you to purchase secondary products.
HyperXchange
HyperXchange is your One-Stop Solution for all premium electronics gadgets that make your everyday life As Good As New (AGAiN). They provide customer an array of new range products along with refurbished products of your favorite brands at an unbelievable price. HX is leading the refurbished marketplace in India. It rejuvenates your experiences with electronics ranging from phones, laptops, and brand-new accessories & gadgets. We believe with a clear focus we will be building empowering customer care that goes above and beyond. HyperXchange’s diagnostic AI (FARADAY) assesses the refurbished products on quality parameters and repairs needed to revamp it as new! The key reason why we are able to provide a 12-month doorstep service warranty on all our products. For hassle-free buying experience, we provide both online and offline buying experiences from hxkart.com, 2Gud, Amazon, Quikr, SYSKA.
Yaantra
Yaantra marked its presence in 2013 as an entirely committed brand, dealing in refurbished smartphones segment. At Yaantra, they aligned their efforts to the country’s collective vision to brace people for the upcoming digital revolution. Yaantra is a single window stopover that caters to all smartphone queries such as broken glass, water damage, software problem, and power issue etc. with best in the industry services. Refurbishing the smart gadgets is what they are good at. At Yaantra, they deal in multiple sub-segments of the refurbishing market. Their core function areas are categorized under three sections that are: Refurbished, Unboxed and Pre-owned. Every section has a committed inventory that caters to diverse needs of wide clientele, from varied demographic, geographic and linguistic identities. We entertain our clientele with incredible deals throughout the year, so next time if you mess up with your smartphone.
