Most consumers like to stay on top of the latest technology advancements. But often they can’t see spending the money to buy something like the latest iPhone while the one they have still works and is only one or two generations behind. They spent a lot of money on the one they currently have, after all, so it seems wasteful to mothball it after only a year or two.
Yet it’s easy to image these consumers would be eager to buy the latest model if they could just get some money back from the older one. That’s where recommerce comes in.
Attract More Customers with a Buyback Program
If your store has a recommerce initiative in place, you can buy back your customers’ old smartphones and other electronics. Our platform makes it easy for customers to check online and see which devices they can buy back and for how much. Since they are directed to your store to complete the transaction, this drives new business your way right at the time they will want to buy new, updated versions of the latest devices. Most customers seek to switch devices when their old contracts end, so this is the perfect time to outfit them with the latest and greatest — and a new contract to go with it.
Customers who go into your store without checking your Sourcely-enabled website beforehand aren’t out of luck. We make it easy for you to set up employee accounts so that your workers can quickly and efficiently handle buybacks on the spot. Whether customers check your site first or just stop in, you can offer them two options for their eligible devices: You can pay a cash value, or you can offer them a discount on a new plan. Many people will accept the discount since they’ll need to replace their old device and will be in the perfect place to do so: your store.
Sourcely Makes It Easy to Realize Big Revenues
Our dynamic catalog ensures that you’ll never end up stuck with a device that you can’t sell. It constantly provides updates on which devices are acceptable and gives prices based on the condition of the equipment. This allows you to quote prices to in-store customers without any fear of financial loss.
To learn more about Sourcely’s recommerce program for electronics, just contact us. We’ll be glad to answer all of your questions and get you set up on our platform today!