What is Amazon Renewed? Review of Amazon Renewed

history

In September 2017, Amazon released a video on YouTube introducing a project called Amazon Renewed that sells used products.

Amazon Renewed eligibility

1. You need to be able to provide invoices for at least 500 refurbished products, or invoices for refurbished products worth $50,000, and the invoice date must be within 90 days before applying for Amazon Renewed. In addition, products that sell for less than $15 are not counted in the 500 items. You can black out the product name or amount on the invoice in black, just black out one item, don't black out all of them.

2. If you are already a seller on Amazon, the ODR (Order Defect Rate) cannot exceed 0.8%. Also, the orders cannot be less than 700 in the next 90 days.

3. If you are selling factory refurbished products (without manufacturer warranty), you need to provide at least 8 product samples and packaging photos (the box in which the product is placed, the internal packaging and filler, and the top and bottom, left and right, and front and back of the product).

4. All certified refurbished products must provide a warranty period of at least 90 days.

5. Refurbished products cannot include Apple and Samsung products, as well as factory refurbished computers (without manufacturer's warranty). In order to improve customer experience, the platform does not accept agents of Apple, Samsung or factory refurbished computers.

Product categories include

Computers, Smartphones, Tablets, Cameras, Video Game Consoles, Headphones & Speakers, Televisions, Office Equipment, Home & Industrial Appliances, Watches, Home Appliances, Kitchen Appliances, Auto Parts, Outdoor Sports, Gardening, Musical Instruments, Home Improvement, Home Theater, Amazon Devices and Refurbished Deals.

Requirements for refurbished products

1. All products sold on Amazon Renewed must be tested and certified to not only look like new, but also work like new.

2. The refurbishment process should include diagnostic testing, replacement of defective parts, thorough cleaning and inspection, and repackaging.

3. Provide the same accessories as new products and a minimum warranty period of 90 days.

Advantages of renovation

1. Large market

As a giant in the global e-commerce industry, Amazon has a larger market than other platforms, and sellers' products are targeted at millions of loyal Amazon users.

2. Little competition

This is an exclusive program, and only sellers who meet Amazon's requirements can sell on Amazon Renewed, which means sellers face much less competition on Amazon than when selling new products.

3. Expand business channels

If you are not an Amazon seller, you will have the opportunity to enjoy all the advantages and support of Amazon; if you are an Amazon seller, you can further expand your business channels and acquire new customer groups.

4. Sales are more convenient

Sellers can use Amazon's warehousing and distribution to sell products around the world, making it easier to expand their business. For most wholesalers and private label merchants, they need to deal with refurbished products, and Amazon Renewed can achieve this goal more conveniently.

5. Comprehensive platform support

As Amazon requires more sellers in this program, you will receive full support from Amazon, including help with loading inventory and spreadsheets, brand and price protection, the possibility to run Best Deals campaigns, and more.

References

• 1. AMAZON RENEWED allows sellers to sell refurbished products. Is this a challenge to EBAY? : Export Trade Network [cited on 2017-09-26T16:00:00.000Z]