The exchange offer program permits you to exchange the product used for a reduction on a brand new product in the same category.According to this offer,you'll be able to exchange your old phone for a new phone to get a great discount in your bill. When you fill in the details of your old phone, the e-commerce website will suggest the amount that your phone is worth and apply it as a discount. Then they will distribute your new phone and collect your old phone and put it for different purposes.

What amazon does with exchanged phones?

The question must have come in your mind that what e-commerce companies do with these old mobiles. Today we will discuss on this topic.

If your phone is not brand new, but in good condition, the e-commerce company will resell the phone under a deal, showing the phone as 'used / refurbished'. 

If your phone is not in usable condition, it will be used by the manufacturer in R&D or its parts will be used in other devices that need to be repaired.

This not only saves the customer money, but companies like Amazon also make some profit. This not only gives the customer a discount, but helps the manufacturer to use older parts, thus, cutting costs. In this case, the e-commerce company buys the old phone from the customers at a very low price and sends it to the manufacturer who fixes it and brings the refurbished phone back to the market at a price that is only lower than the new phone.The exchange deal also goes a long way in helping the manufacturers. If the phone is not of little value, the metal is removed from it and it is recycled and other devices are made from it. The company takes great advantage in this.

Advantage of exchange offer

1. This deal not only gives the customer a discount on the total bill, it also saves the time and effort involved in searching for a suitable location / buyer to sell their old phone.

2. A customer who may be reluctant to buy a more expensive phone sees a gain in purchase and is encouraged to buy leading to improved sales.

3. Many customers leaning towards a brand keep waiting for the new model of the same brand and look for the right opportunity to buy the new one. Exchange schemes provide such an opportunity for existing customers to upgrade their phones to the latest versions and models at minimum cost. It promotes brand loyalty among customers.

4. Many products that are placed in high brackets and are considered expensive are sold better through exchange deals as customers consider the deal profitable. And since they get a better deal, they can also afford more expensive phones, which previously seemed less affordable.

5.Under the exchange scheme, new phones stand out with greater visibility in the online marketplace, as customers typically look for deals when purchasing new phones and many other electronic items. This indirectly promotes new phones and improves their visibility.

6.The company can easily sell its premium product. Many times, the company cannot sell its feature-rich items because of the prohibited price.The discount on the exchange offers break this barrier without harming the brand value of product.

I hope you liked this post and you have understood very well what the e-commerce company would do to your old phone.