The increasing number of customers is interested in purchasing second hand electronics. Especially, when the products are being reconditioned, certified and tested prior to the sale.
Of course, these goods are nothing more than refurbished electronics of all kinds. But how does the refurbs are being sent back to the wholesale and retail market? If You do not know, then please read the information from below:
“Reverse logistics stands for all operations related to the reuse of products and materials. It is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely, reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.” The reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Normally, logistics deal with events that bring the product towards the customer. In the case of reverse logistics, the resource goes at least one step back in the supply chain. For instance, goods move from the customer to the distributor or to the manufacturer.”
Link to the full description: refurbished electronics
Clearly, this is quite similar to the recycling process, with an obvious and basic difference. Instead of completely new product, the reconditioned one is being offered to the customers. The “one step back” is then a great way of improving the sales volume, as well as clearing the surplus or any other unsold products. This results with a completely different category of electronics available to anyone, whose primary objective is to have fully working product, but not necessarily in pristine condition. Where is the advantage then? Of course in the asking price of such electronic device.
Eventually, if a big number of Your customers suggest You a high demand for cheap wholesale electronics, You should consider offering them refurbs, apart from new budget products or unbranded devices. With a little optimization of Your marketing strategy, refurbished wholesale electronics may become Your basic source of incomes.