Paytm Mall, a young company that is on a mission to redefine the e-commerce in India with its unique O2O (Offline to Online) model has today announced the launch of certified refurbished phones of popular brands such as Samsung, iPhone, Oppo, Xiaomi, Oneplus, Vivo & Motorola. These smartphones come with 70% savings and warranty ranging from 6 to 12 months.
The e-commerce platform is working with trusted partners like Blynx, Cashify, and other companies for extending quality refurbished smartphones to its customers. Some of the top refurbished products available on Paytm Mall include iPhone X, OnePlus 6T, Redmi Note 5 Pro, and Samsung Galaxy S9 alongside others.
Srinivas Mothey, Sr. Vice President said, “Earlier, the customers used to be a bit cautious when it came to buying second-hand goods. They were skeptic about the quality and preferred purchasing from a local dealer. However, the scenario is changing now and young customers have no qualms in buying these products. All the refurbished products sold on Paytm Mall are thoroughly quality checked and certified. Our customers can save up to 70% while buying a refurbished item in comparison to a new one.”
“Amid concerns of economic slowdown, the refurbished phone segment is witnessing a continuous growth as millennials own multiple phones and therefore are hesitant to spend big on new gadgets. We are witnessing 100% growth in tier 2 & 3 cities and most of the buyers are in the age group of 20-29 years. Overall, we expect growth of more than 100% in the refurbished phone business during the festive season”, “added Mothey.