SMARTER MINDS: Why you should consider buying a refurbished product

REFURBISHED OR REMANUFACTURED? WHICH WAY!!!

Due to the proliferation of substandard products, most of Nigerians have a wrong/bad view of refurbished products. Most people think refurbished products are actually useless products that have been repackaged, while that is just an example of refurbished products, this is not always the case. So before paying for that brand new product, you should take out to read this. Could save you money!!!

Remanufactured / Manufacturer Refurbished Products

These are returned products that have been put through a rigorous remanufacturing process to bring them back to "same as new" condition and performance using the most thorough and tightly regulated method of product restoration. This is usually done by the original manufacturer or a manufacturer-approved vendor. They are made to go through the same quality tests and checks a new product would go through prior to packaging. Most times, the quality is often the same as a new product since the item was refurbished by the manufacturer themselves.

Refurbished Products

Here, an unauthorized third party company performs the refurbishing. The result is that the refurbished products might not be exactly as the manufacturer desires since the company has limited access to technical data and newer proprietary upgrades. However, most third party companies generally inspect, clean, repair and test the products in order to meet the manufacturer’s specifications.

So for the remainder of this post, remanufactured and refurbished will generally mean the same since the major differences have been highlighted above and you only have to take note of them when you want to purchase the products.

Source

Majority of refurbished products are actually goods that have been returned by customers. Most times, the returned product likely has nothing wrong with it at all, it could have been returned for any number of reasons,

· Some come in from cancelled orders that have already left the warehouse or they are simply returned due to something as minor as wrong size, color, specifications etc.
· It could just be due to minor shipping damage, what the refurbisher does here is to repair the item and then present it as a refurbished product.
· There are also cases in which the returned item has not been used at all, the vendors will usually simply reseal the packaging and sell the item as a refurbished good.
· New products used for adverts, demonstration/trials, trade shows, customer events, or solution centers or in show rooms also come in as refurbished products. This is because the package was opened, and the product might have incurred few minor scratches during the time spent on display.
· It could come from factory or reseller overstock, they are simply discounted and sold out to make room for newer ones.

These products can be electronics(TVs, phones, computers), fashion items and even cars.

The only reason why they can’t be sold as new is because of industry regulations and legal reasons, so the products are just tagged refurbished.

We all gain

· You get your desired product at a great bargain, much lower cost (up to 90% discount).
· Great when you don’t intend to use an item for long or when high-end performance isn’t really needed.
· Buying refurbished products is your own way of supporting the environmental "green" effort.
· Guess what? Even brand new products do have problems!!! Why not save money since most refurbished come with standard warranty.
· Most are much better than used products you buy from friends and relatives since they have actually not been used at all.

Things to look out for

There are a number of things to keep in mind when you buy a remanufactured enterprise product. Here are a few tips:

· Buy directly from the manufacturer (Remanufactured) - this way, you can be sure of the quality of what you are paying for.
· If you are buying from third-party vendors, make sure that they rate high among customers for quality and satisfaction.
· Take time to check the warranty – Make sure they come with standard warranty; this shows the seller is sure of the product.
· Check if it is coming with latest technology.

I should also let you know that you can buy both new and refurbished products(anything) directly from the USA and you get to pay in Naira or with your Debit Card.