Refurbishers appliance businesses said that they have seen a surge in business since the coronavirus outbreak.
The boom in sales is credited to expanded use due to stay-at-home orders, additional money from stimulus checks and people working on home projects.
The amateur baker has saved the flour industry, right. People are using appliances a lot and that causes thing that are getting old to break, but I think a lot of it is, ‘My oven doesn’t bake cookies. Let’s get on the internet and see what we want,
Strong business combined with factory delays means it is hard for appliance businesses to meet the demand.
A lot of stuff is on backorder. Ovens aren’t available for another month and other appliances we’re having a tough time getting. It’s not just new appliances that people are buying. sales of refurbished appliances doubled in April.
Covid-19 could boost the concept of the circular economy for electrical products, as consumers reconsider what they really need to own, while companies producing or relying on electrical products investigate ways to avoid disrupted supply chains. “When you get these global shocks, it does make people question the resilience of supply chains, and makes us think about systems, which is fundamentally what the circular economy is about,” says Joe Iles, circular design programme lead for the Ellen MacArthur Foundation.
Giving people a good experience when buying secondhand or refurbished products is crucial to compete in the market.
This means that appliance companies and manufacturer must to change their mentality. Refurbishment is not an internal conflict, not cannibalize nothing, rather, it's an opportunity, a saving costs activity, contribute to get up the brand, a customer super-service ( are you looking for an oven and is not available? Buy our refurbished ..... ) basically, the deal of the year.
let's talk about it
mik