How to Sell Refurbished Products with Amazon Renewed?

Amazon Renewed

Tech gear, home appliances, and electronics have made our life easier, but these products often cost a lot of money. Buying refurbished products is a good way to save money without sacrificing quality when it comes to price and value.

With Amazon Renewed Program, shoppers can discover and buy unboxed and refurbished products provided by a qualified technician or a specialized third-party refurbisher.

refurbished products

What is Amazon Renewed?

Amazon Renewed is a program that lets sellers sell the used products in good condition (refurbished, pre-owned, and open-box) to the customers who wish to buy electronics for less. When buying refurbished products, buyers are usually concerned about the trustworthiness of the sellers. Amazon Renewed provides a safe platform for both sellers and buyers to do business on so that they don’t need to worry about getting scammed.

What Refurbished Product Can You Sell on Amazon Renewed?

If you are a qualified manufacturer or third-party refurbisher, you must make sure that your like-new refurbished products have been tested for functionality to perform properly. You can sell many types of products covered in Amazon Renewed program, including:

Air conditioners
Audio receivers and amplifiers
Audio video selectors
Blu-ray and DVD players
Cameras
Car stereos, security, video, and radar detectors
Chain saws, pole saws, and log splitters
Chippers, shredders, and mulchers
Computer internal hard drives
Connected home modules
Dehumidifiers
Digital antennas
Digital musical instruments
Electric ceiling fans
Electrical floor cleaning devices
Embroidery machines
External hard drives
External solid-state drives
Fitness machines
Fitness watches
Generators
GPS devices
Graphing and scientific calculators
Headphones
Headsets
Space heaters
Home stereo equipment
Home theater systems
Irons
Electric kitchen appliances
Powered lawn mowers, hedge trimmers and edgers
Media players
Microphones
Monitors
Outdoor blowers and vacs
Personal computers (PC)
PC graphics cards
PC keyboards, mice, game pads, and webcams
PC motherboards
PC digital internal power supply
PC processors
PC servers
PC monitors
Routers
Modems
Cell phone devices
Pneumatic tools
Portable media players
Power tools, power drills, and power saws
Pressure washers
Printers
Projectors
Refrigerators
Scanners
Security cameras and systems
Sewing machines
Shredders
Smartwatches
Snow throwers
Sound and recording equipment
Sound bars
Speakers
Tablets
Televisions
Thermostats
Universal remote controls
Vacuums
Video cameras
Video game consoles and controllers

You can find the list of the products you can sell and the details here.

How to Qualify for Selling Amazon Renewed?

Step 1. Become an Amazon Seller

To start selling on Amazon Renewed, first, you have to register as a seller on Amazon to be able to sell refurbished, pre-owned, and open-box products.

If you are new to selling on Amazon, you can send Amazon your details by filling in the application to set up your selling account.

Step 2. Meet the Requirements

Amazon has strict requirements for the Renewed program. To qualify for this program, you should meet certain criteria:

You need to provide supply invoices showing a minimum of a total value of $50,000 in qualifying refurbished purchases in the previous 90 days from the date of the application.
You may black out the unit purchase amount on the invoices.
Note: sellers planning to offer products related to Home, Home Improvement, Tools, Lawn & Garden, Outdoors, Kitchen, Sports, Toys, or Automotive may supply invoices showing a minimum total of $50,000 in qualifying refurbished purchases in the previous 180 days.

If you are an existing seller on Amazon, you’re required an order defect rate (ODR) of 0.8% or less in the trailing 90 days.
Your company provides a minimum 90-day warranty on all of your refurbished products.
With no manufacturer warranty, you need to submit a minimum of 8 images of a sample unit for product and packaging review (box in which the product will ship, inside packaging and padding, product from top and bottom, product from all four sides), so you can get permission to list factory refurbished items.
Amazon requires invoices dated from trailing 90 days that total $2.5 million in Apple refurbished products for listing the Apple brand in Consumer Electronics categories.

Step 3. Start Selling and Grow Your Business

Once your application has been approved by Amazon, you can start listing your refurbished, pre-owned, and open-box products, and adding your offers to existing product listings if you like.

Where to Source Refurbished Products to Sell on Amazon?

There are many places where you can source second-hand products to sell on Amazon. You can start sourcing your products from your own house, then try thrift stores, flea markets or even on the social media. There’s a plenty of options to source refurbished products.

What are the Advantages to Sell Refurbished Products?

Selling refurbished products offer you the opportunity to make extra money. It is a very exclusive marketplace that enables you to stand out from competitors. Amazon has a very strict policy and selective criteria regarding refurbished products, not anyone can sell in this category. If you are a serious seller, you have a shot.

Conclusion

Before you invest in refurbished products you wish to sell, you can use Amazon product research and analytics software to hunt down profitable products. A product research tool has a filter that allows you to choose a product category and discover the in-demand product that has a low level of competition based on many key metrics: estimated sales, revenue, reviews amount, and more. Using a product research tool can allow you to discover the sales potential for your Amazon Renewed listings quickly and effectively.

This article has been published in July 2020 and has been updated in July 2022.

The post How to Sell Refurbished Products with Amazon Renewed? appeared first on BQool Blog.