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eBay Launches New Destination to Meet Surging Demand for Certified Refurbished Products from Top BrandsSAN JOSE, Calif., Oct. 21, 2020 /PRNewswire/ -- Today, eBay, one of the world's largest online marketplaces, is launching a new destination to feature officially "Certified Refurbished" products, direct from the world's most popular brands. The destination is made possible by expanded partnerships with brands like De'Longhi, Dirt Devil, HOOVER, Makita, Philips and Razer, which will sell certified refurbished inventory exclusively on the eBay platform. The new program arrives in time for the holidays and offers shoppers savings of up to 50% off on products that are guaranteed by leading manufacturers to look, feel and work like new, and include a two-year Allstate warranty. "Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam, Senior Vice President and General Manager for eBay's North America Market. "eBay shoppers tend to focus on value, which has helped make these products so popular. With this new Certified Refurbished destination, we're doing a better job of helping customers discover inventory sold direct from the brands they love and feel confident they will be blown away by the quality." Only brands that meet eBay's Certified Refurbished criteria can qualify for the program, which requires an item to be in a pristine, like-new condition that has been professionally inspected, cleaned, and refurbished by the manufacturer – or a manufacturer-approved vendor – to meet their specifications. In addition, the item must be in new packaging with originalor new accessories. A Smarter Way to Gift
The research also shows that while 66% of Americans plan to buy gifts for family and friends they can't see in person this holiday, even more (73%) say their gift-giving budgets have not increased – in fact, 37% say their budgets have gone down. Buying eBay Certified Refurbished offers great value while also eliminating unnecessary waste by keeping products in circulation for many more years to come. This is a good thing for the majority of Americans (60%) who say someone on their gift list would be happy to learn their gift is more environmentally friendly than buying new. In Demand Brands Brand exclusives:
Inventory exclusives (semi-exclusives):
Participating brands:
All the Assurances of New
eBay will continue to evolve the refurbished experience for buyers and sellers on its marketplace in the months ahead, including new categories and brand partnerships in Certified Refurbished. Consumers can access details at ebay.com/certifiedrefurbishedhub. The program is currently available to buyers and sellers in the U.S., and sellers in Australia have begun applying. About eBay 1 An online survey of 1,000 nationally representative U.S. adults, ages 18+ conducted October 2020.
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