We live at a time where a lot of companies compete online in multiple areas and their number is constantly growing. However, we are interested in one specific industry, that’s buying used electronic devices, but from the perspective of the seller. You have plenty of options if you wish to sell used phones and other devices, but we will compare Amazon vs Gizmogo and see which one is a better option for you.
You’ve surely heard of Amazon and you now heard of Gizmogo, if you haven’t before. While Amazon is a massive multinational company, founded by the richest man on Earth, Gizmogo is a site that specializes in buying used electronic devices, including smartphones, tablets, speakers, drones, cameras and much more. The fact that Amazon is a much larger company, both in terms of revenue, but also employees and range of services, doesn’t necessarily mean that it is a better option for you if you’re looking to sell used electronics. On the contrary, Gizmogo might be a much simpler, hassle-free and lucrative option for your used phones and other electronic devices.
Let us go through how both work, how easy it is to sell used devices on Amazon and Gizmogo before we proceed and determine which is the winner of the Amazon vs Gizmogo matchup.
Individual or professional?
There are actually two ways to sell used devices on Amazon. Sure, you might think that this is a sign that Amazon offers plenty of opportunities, but it might not be that easy to determine which option is better for you.
The first option is to register with Amazon which will enable you to be able to sell items via the platform. You will need to register a profile and basically become a seller at Amazon. There are several programmes, but you are most likely to choose either the individual seller option or the professional plan.
According to Amazon, the individual seller option is best for those who will not sell more than 40 items a week. So, if you’re looking to sell a bunch of used devices that you have lying around in a drawer, this would be the right option for you. With the individual seller option you will need to pay $0.99 for every item you sell.
The professional option will be more suitable if you intend on selling more than 40 items every month. This option incurs a $39.99 fee plus and if you intend on selling that many items you are probably not looking to sell just a bunch of old devices you have lying around the house, but you’re actually going to establish an ecommerce store on Amazon.
In short, if you’re looking to sell few devices you’re no longer using, it is the individual plan option on Amazon that you should consider.
The trade-in program
We said that there are two ways to sell devices on Amazon and we presented the two plans that are part of Amazon’s selling program. So, that was the first option. The second option is trading items in. Even though this technically isn’t selling, it is still a way for you to get rid of unwanted devices, or devices you’re no longer using, and it still involves shipping items off to Amazon.
Strictly speaking, trading items in is the simpler, easier option out of the two ways to sell used electronics on Amazon. The process is explained in detail on Amazon, but let’s go through the specifics here as well.
The Amazon trade-in program enables individuals to exchange used devices for Amazon gift cards. This is an important point, remember that you don’t get money, but gift cards that you can use to buy things from Amazon, so you are limited as to where and how you can use the funds that you get from trading in your items.
The process is easy though and you get to ship your items to Amazon without any additional costs. Here are the other details. Once you send the item or items you would like to trade in, you will need to wait up to ten business days before Amazon processes them and then you’ll be informed if Amazon accepts the item, but that’ll be two more days.
At the end, you will see the full amount in your gift card balance. So, it is almost two weeks before you get your money, provided that Amazon accepts the items. If you’re not in a hurry, it’s a good arrangement, but otherwise you might get a bit frustrated with the waiting period. At gizmogo you will get the funds withing 24 hours after the item has reached them, so that’s one significant difference.
If you have an Amazon app installed on your Android smartphone or your iPhone you can complete the trade in process via the app. Just check the product pages, the items that are available for trade in will be shown there.
Gizmogo and its advantages
Now, let’s see what Gizmogo is about. Now, gizmogo is a much smaller company and may not have the initial appeal of Amazon, but in many ways it may be a better option for you if you’re looking to sell used electronic devices.
Gizmogo buys a wide range of devices, including not only smartphones, but also tablets, laptops, smartwatches, drones, speakers and many other devices. So, first you will need to choose the type of device you would like to sell. Below the icon of the respective device, you will see the maximum amount that you can get for that device.
Once you choose the device, you will need to give some details regarding the device and its state and right after that gizmogo will give you an initial estimate. If you accept this price you will get a free shipping label so you can send the device free of charge. Once gizmogo re-evaluate the device or devices, you will get the money within 24 hours.
So, opposed to Amazon, Gizmogo offers a much faster turnaround time which is why it might be a much better option.