Best option for new startup -Refurbished Electronics Products | Best Growing startup opportunity | Best Startup Opportunity Into Refurbished Electronics Products | Best Startup Option Into 2019

Best option for new startup Refurbished Electronics Products

Global warming and environmental protection are being discussed on every major stage of the world, but no one has found the exact solution yet. Increasing e-waste in the world is also the main reason for this problem. Environmental experts believe that business ideas can also be solved for the problem of e-waste. This IDEA is preparing a market for Refurbished Snodetan. If the Used Electronics device is made available at a reduced price, then this new startup idea can be found in the Startup World. Countries like America and China are ahead in this business. It can not be ruled out in India too.

Why it's necessary :- 

India exceeds two million tons of e-waste, which has the largest number of mobile, computer and TV. India is among the five countries that extract the most e-waste. Not only solid waste is being produced from electronic device, but it is also emitting harmful gas during manufacturing. According to the report on the American Environment, around 55 kg of carbon dioxide emits in the manufacturing of a smartphone. Apart from this, tin tungsten and gold are being used in the construction of most of the devices, thereby increasing the globally mining 37% in the last one year, which is also fatal for the environment.

Market Will Be 20 Billion $ Till 2020 :-

Growth of global refurbished device market As the people are increasing awareness about the environment, the usage of the used electronic device is also increasing. Currently, the market for Refurbished Electronics device is between 10 - 12 billion dollars, which is estimated to be 20 billion in 2020. This sector is unincorporated in India. This is why young entrepreneurs can find great opportunities in the startup of this sector. However, customers of Tier-III cities are more interested in refurbished devices in the country, but if such projects are not sustainable and harmful, then they can also make good gains in the public.

What Is Refurbished Device Startup :

There are currently many such digital platforms where you can buy used electronics. These platforms work as an agent between cellar and Buyer but the idea of ​​a refurbished device is different. Here, online and offline platforms are developed where used devices Is refurbished through a related company or authorized professionals. Such startups not only sell such device equipments,they offer customer service, new offers and special discounts like new devices.

Is Refurbished Device Harmful Or Not :-

There is always suspicion about the used electronic device. Whether they will be used again or not? Experts believe that if the device is correctly refurbished, the probability of loss decreases to 90 percent. In America, the demand for laptops and refurbished tablets is highest among smartphones. Here, before giving such product to the customer, the Service Provider himself tests 20-25 days. After this, it is sold, if there is a complaint, then the device is removed from the inventory.

All Other Products With Smartphone - Tv, Computer 

At the start of the refurbished electronic device sector in the USA, they are also providing other electronics devices with smartphones. This is the reason that the customer base is growing rapidly. If other electronic devices are also sold with good quality and service, then it attracts the customer. If you want to start your business career through this sector, it will be beneficial to study the business model of companies like back merchants. In the US market recently started the best in this field.

Most Growing Business In All World :-

The Indian market is getting friendly with the refurbished project. Companies working in the Referrised Sector in India include Companies such as Togofogo, Greendust, Reboot, Overcart. All these companies have seen positive growth in the past few days. Providing new opportunities for increasing dependent product demand entrepreneurship in the Indian market
In this sector, you need a planning before entry because it is a very large sector and you can not limit it to the mobile cellar. You have to pay attention to many things like investment, service area, logistics, etc. There may be some problem initially but this may be a deal of profit in the coming time.

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