Prolonged festive discounts and offers for smartphones on e-commerce majors Amazon and Flipkart dented the refurbished handset market but have given a fillip to second hand product market places such as OLX and InstaCash
Can you imagine an app that allows you to sell your old phone anytime, anywhere in less than 60 seconds, and you get paid instantly? Sounds too good to be true, doesn’t it? But it isn’t! InstaCash is one of the cooler apps that has just been launched in Malaysia by CompAsia.
As smartphones penetrate deeper into the tier II and III cities in India, a host of ingenious Indian entrepreneurs have struck gold and barged into an untapped market worth billions of dollars, feeding on the aspiration of middle and lower income users to own premium gadgets while satiating the sellers’ anxieties of obtaining the right price for their devices.
‘Recommerce’ is exactly the opposite of ecommerce, wherein a customer sells old devices to the company for a fair price. It is unlike a classifieds website, where customers have to post an ad and wait for someone to buy the device.
Instacash launches its first mobile e-waste kiosk in collaboration with Pollution Control Board on world environment day 5th June 2018. Three-day campaign was inaugurated by Minister of environment and forest, Shri Gajendra Khinsver at 7:00 Am at IOC petrol pump, Jaipur. As a part of the drive, mobile e-waste collection kiosks are placed across prominent petrol pumps of Jaipur.
On occasion of World Environment Day, the Rajasthan government has launched a scheme in which they will buy computers, desktops, routers and other electronic wastes which are no longer in use.The State Pollution Control Board in also collaboration with Indian oil, Greenspace and Instacash, and have set up the campaign for generating public awareness about proper disposal of e-waste and plastic bags.
We all have old gadgets and electronics we refuse to throw away, due to the oddest reasons. An old CRT television, a first-generation smartphone, a desktop computer and anything that is basically outdated.
It’s the age of smartphones and laptops, but don’t dump your feature mobile phone, desktop computer or any other electronic device that you may think useless and outdated. There is good news that you can still fetch some money from them
India is a country of 1.35 billion people of varying means. Moderately expensive products end up trickling down and being used by different owners. And homegrown companies like Cashify, Togofogo and InstaCash are looking to cash in on this process by taking advantage of the reusability of smartphones.
Launched about nine-months ago, InstaCash platform provides a transparent price discovery mechanism for used smartphones. After successful pilot project in Delhi-NCR, this customer-to-business (C2B) trade platform of used smartphones is now expanding its footprints in Mumbai and Jaipur.
After selling two of his startups in an entrepreneurial journey he started in 2009 along with his friends in the LNMIIT days, Prateek Goel has now ventured into Rs 28,000 crore second hand or used smartphone market with an app InstaCash to take on e-commerce biggies like Flipkart, Amazon, OLX and Quikr.
The rise in smartphone reuse is the new trend in the industry. A market survey has found that 60 per cent consumers replace smartphones to experience the additional functionality of new devices. Keeping this mind, the app was launched," Prateek Goel, founder of the company said here.
With the success of a pilot project in the Delhi, a Jaipur based C2B trade platform of Secondhand Smartphones, InstaCash is now expanding its footprints in Mumbai and Jaipur. According to the company, in a short span of 9 months, they have bought about 12,000 SmartphonesInstaCash launches app to sell smartphones
Well, you no longer need to be in a state of Dilemma regarding your smartphone, because InstaCash is here with great offers at selling your used smartphone. Sell your smartphone with no hassle and get the assurance of the best resale price with InstaCash.
We want to make smartphone re-selling experience swift and simple. Our vision is to offer a better and radical solution to provide the best value of used/old smartphone in a fraction of seconds sitting at home without any risk of data abuse.
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