As Amazon fights against Flipkart for the top e-commerce spot in India, it is looking at old and refurbished phones for further expansion in the country.
Amazon India has launched a store on its website to offer Indian customers more affordable phones. These phones have been professionally “restored for working order” or were sold to Amazon partners by customers. These smartphones cost up to 25 percent less than their new counterparts.
The market for refurbished phones is considerably big in India with millions of people resorting to big brands for less price every year. "Over seven million refurbished smartphones were sold in India last year," Tarun Pathak, Senior Telecom Analyst at marketing research firm Counterpoint Research told Mashable India. Read more...
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