Amazon Renewed is one of the services offered by Amazon which helps you save money on products. Many of the products you will find under this service are electronic devices that were previously owned by someone else.
The Amazon Renewed program was launched in 2017 as an exclusive seller group that requires an application process. To participate in selling refurbished items back then, you must have met the outlined criteria to be allowed, and only then will your products be able to be sold as “Certified Refurbished”.
If you have always had questions about the Amazon Renewed service, this article is for you. You will find answers to all the questions you may have about Amazon Renewed.
What does renewed mean on Amazon?
Amazon Renewed is your trusted destination for pre-owned, refurbished, and open-box products.
These products are inspected and tested by Amazon professional technicians to ensure there are no faults before they are put on the market for sale.
Products on Amazon Renewed are subjected to inspection and a testing process that involves a complete diagnostic test, a thorough cleaning process, and replacements of faulty parts in the case one is found. This cleaning process is carried out by a qualified supplier or by Amazon.
Should you worry about blemishes and scratches, you should know that Amazon Refurbished products have no visible cosmetic imperfections when held 12 inches away.
Simply put, Amazon Renewed means:
- The product used to be owned by someone else.
- The product has a guarantee from Amazon.
- The product has been thoroughly inspected and tested by professionals who either work for Amazon or are contracted to the company
How can I find Amazon Renewed?
You can easily find Amazon Renewed by going to the search bar and typing “Amazon Renewed”. You should know that the process of locating Amazon renewed is the same for both the native Amazon application and Amazon web.
From there, you can select any of the products that pique your interest. You can also browse by categories as this helps focus your navigation.
Can I save money on Amazon Renewed?
Amazon Renewed gives you an avenue to save money on products that otherwise might be out of reach. A typical product in Amazon Renewed goes for about half the price the new product is sold for.
Amazon has a catch, however. Many of the products are older versions but when compared with the price you pay to get them, they give so much quality for a token.
What kinds of products are available on Amazon Renewed?
Amazon Renewed features products ranging from mobile phones and electronics to small kitchen appliances and power tools. Other products that can be found on Amazon Renewed include:
- Mobile phones, tablets, laptops, and computers
- Electronics. These include stereo equipment, television sets, headphones, and video game consoles
- Musical instruments
- Watches of all kinds
- Automotive parts
- Office equipment
- Sports equipment
- Industrial tools
- Home tools
- Kitchen appliances
To see if the product you have in mind is available on Amazon renewed, you can proceed to Amazon’s official website and search for Amazon Renewed in the search bar.
How to sell on Amazon Renewed?
There are many ways that you can make money on Amazon as it provides incredible potential. You can get some extra cash from the platform or even build an entire business from the ground up. Through Amazon, you can start a full-time label company or sell household goods around your house.
To enter the Amazon Refurbished program, you should know that it is not a small-scale project but a rather good investment. You will need to:
- Be committed to the acquisition of refurbished products. You will need to have invoices adding up to $50,000 in refurbished purchases 90 days before your application date.
- Have an ODR (Order Defect Rate) of 0.8% or less for at least 70 orders in the previous 90 days.
- Submit a minimum of 8 images of the sample unit, including its packaging, to list factory items that are refurbished without the original manufacturer’s warranty.
- Offer a refund within 90 days. This is to give buyers a warranty that their product will not develop technical issues.
Why you should buy and sell on Amazon Renewed?
There are many perks to using Amazon Renewed as a buyer and as a seller. Because trust in products is ensured by Amazon, both parties benefit from a successful purchase. Below are some of the benefits of using Amazon Renewed:
You save money when you buy on Amazon Renewed
Amazon Renewed is vouched for by Amazon. Because the products are tested by professionals, you get items that are close in quality and neatness to newly purchased ones. This helps you save a few hundred bucks.
You get to grow your brand
In the case of a seller, you grow your brand through Amazon Renewed as it gives you the avenue to better market your products. Becoming a seller of refurbished products on will help you boost your brand recognition as you can now offer customers another option which is purchasing refurbished items. As it is said in the marketing world, the more choices you provide to the customer, the more customers you will have.
You enjoy an exclusive program through Amazon Renewed
You should know that not everyone who applies to be a seller on Amazon Renewed qualifies. Only a few applications are considered. In the case you are among the qualified sellers, you avoid tough competition and you have access to an exclusive program.
Customers trust your brand more
Buyers know of the reputation of Amazon. They know for you to have qualified for the program, you must have been thoroughly scrutinised by the officials. This way, you inherit some of the trust of Amazon and you attract more customers who have no second thoughts about buying from you.
What is the difference between Renewed and Refurbished?
While there are few differences between the two words, they are used interchangeably when discussing Amazon’s marketing.
A renewed product is a previously owned product that has been checked for defects and has had its faulty parts replaced with new parts. Refurbished, on the other hand, means the faulty parts could have either been repaired or replaced with newer parts. Unlike renewed, it necessarily does not mean a new part has been added.
The differences between the two words are not things to obsess about, however. For any product found on Amazon, it has been properly checked and you even get a 90-day return policy.
Comparison between Amazon Renewed and eBay
If you are looking for good deals on products, there are many options for you to try. And while Amazon Renewed gives you a big warranty that your products are safe, you may want to compare the deals on Amazon Renewed to other platforms like eBay and Alibaba.
In this section, we looked up products on Amazon Refurbisher and eBay. Here are our findings:
Amazon offers the same service as eBay, but other than selling renewed and refurbished items, the two services seem to be two sides of a coin. With eBay, you can get started easily as the application process is swift. There isn’t even an application, technically, which explains why there are more than 17 million sellers on eBay. As a seller, it is easy for your deals to get lost in the pool.
Amazon Renewed has a strict policy. To qualify as a seller, you must have been a seller for the last three months that preceded your application and must have had a minimum of 70 orders in those times.
While eBay looks to be the best option for a seller who wants to make a few extra bucks as a one-time thing, Amazon Renewed is reserved for brands making its name.
Judging by the exclusiveness, Amazon Renewed gets an easy win.
Security and trust
Owing to the many sellers on eBay and the ease of creation of a seller account, one could say the online marketplace is not as secure and trustworthy as Amazon Renewed. For context, here are some of the scams that sellers have been known to pull on eBay:
- As a buyer, you pay a seller on eBay but that was the end. The seller runs off with the money. Although there is an eBay Money Back Guarantee that protects you when this happens, sellers take the advantage of the items that are not covered by this policy. Should you buy one of a vehicle, a real estate, classical ad, service, or some business equipment from a seller and he fails to keep his end of the agreement, there is only so much eBay can do.
- Some sellers pull stunts by sending a different package (from what you ordered) in someone else’s name to your address. They know about the ‘refused/returned’ policy on eBay and this might result in you never getting your product back.
- Buyers pull one on a seller by sending a fake check. By the time he realises the check is fake, the product is already en route to the con artiste.
This is not to say eBay is not a great platform for purchasing pre-owned products, but the number of sellers who are available on the platform makes it an easier target than Amazon Renewed.
Again, Amazon wins.
An iPhone 11 Pro was looked up on eBay and Amazon and surprisingly, the two items are close in valuation; Amazon Renewed has the product for $505, while eBay has the same product for $445 when the GBP is converted to dollars.
With the deals on the two platforms, we can say that eBay wins this round.
What to keep in mind when buying on Amazon Renewed?
You can rest assured that sellers on Amazon Renewed have been scrutinised by Amazon. If anything, you can be sure that they are legit. However, you may want to check that a product has a 90-day return policy before placing your order.
This policy is there to ensure you get a refund if you face any issues (although unlikely) in that time frame. This policy is implied if you find Backed by the 90-day Amazon Renewed Guarantee as seen in the screenshot.