Many of you are aware of the term eCommerce.ECommerce means electronic commerce where buying and selling of services and products takes place through Internet or an electronic system.People who want to sell their electronic gadgets quick and wish to get quick money in exchange for their gadget then they are just one click away. Now there is a new trend in online market, which is going viral and is known as reCommerce. ReCommerce is considered as one of the type of eCommerce. This business is gaining popularity in public because it allows them to get a fair price for their old accessories. For now all reCommerce site just accept old electronic accessories only which include iPod , iPad ,laptops, smartphones and PC’s.This new trend or moneymaking opportunity for people is known as recommence.Where you did not need to find customer to sell your old electronic gadgets or did not need to put any classified on any website and then wait till you get a buyer. There are various reCommence web sites such as gazelle, nextworth, usell, bymytronics. India got their first recommence site named budli.com. For now they just accept electronic accessories such as used smartphones, tablets, laptops and iPods. Here you just have to put an appropriate detail of your gadget and they will pick your delivery from your place. After picking it up they test it. Once your gadget passes all tests then you will receive your payment in a week.Online market place snapdeal has partnered with reglobe an online portal where you can sell your old phone and get your payment in cash.
Selling their accessories on recommerce sites such as nextworth, usell, gazelle etc. as it saves time. This will affect sites like Quiker, olx etc. so in near future. These sites might come up with a similar business model as an additional feature into their site. This will increase competition in future. But this competition will ultimately benefit the costumer.
Is reCommerce a threat to sites like OLX, Quickr?? Please leave your comments below.
Article by Krunal Ahir
Now i got to know what is recommerce. Thanks for sharing this valuable information.
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ReplyDeleteIf you are also thinking of earning money, then sell your old phone on an online Website, in return for which you will get instant cash. Click on the link to sell your old phone.
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