Amazon Australia to sell second-hand tech in attack on $34 billion market

Amazon Australia has launched a new category of second-hand technology products in an attempt to cash in on the country's booming billion-dollar preloved market.

The refurbishment process will include a full diagnostic test, replacement of any defective parts, a thorough cleaning and inspection process, and repackaging by the seller or refurbisher. "Renewed provides Australian customers with great discounts on good as new products, paired with the reassurance of a six month warranty, and the convenience of having it delivered to their door," said Furlong.

"In Australia the second-hand or refurbished market is a $34 billion economy. It accounts for approximately 12 percent of overall retail sales and what Amazon is doing is positioning itself up against the Gumtrees and Ebays of the world with this new program," said Dr Walker. "Amazon's primary shopper is budget conscious and value-driven, and this new strategy of offering refurbished products fits beautifully."

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Govt to grow Aus space agency into $12 billion industry | Sky News AustraliaMinister for Industry, Science and Technology Karen Andrews says the government plans to grow the Australian space agency into a $12 billion industry. \n\nThe Morrison Government announced it will commit $150 million to support the US space agency’s Moon to Mars mission, with the funding rolled out over five years to help the development of niche technologies for space, including robotics communication and artificial intelligence. \n\n“The focus of this announcement is to grow our Australian businesses to work with NASA and develop technologies like automation and robotics,” she said. More pie in the sky sand castles in the sky crappola from Libs....quick, look over there...anything to distract from their manifest incompetence as the economy sinks into recession So far the only thing they have grown is a recession.
Source: SkyNewsAust - 🏆 7. / 78 Read more »