New Delhi, India, March 20, 2015: Overcart, a player in re-commerce in India is back with its second flash sale of Xiaomi Redmi 1S devices. In collaboration with Xiaomi, the company has significantly increased the number of available units since its pilot sale in January. Unboxed and refurbished devices are open-boxed devices certified by Overcart after an extensive testing process. All refurbishments are conducted by official Xiaomi service partners. All products will be covered by 14-day return guarantee and a six-month Xiaomi warranty. The units will start at Rs 4599 for refurbished devices and Rs 4999 for unboxed.
Saptarshi Nath, Managing Director, Overcart said, “The market has immense appetite for Xiaomi phones as is evident from their flash sales of new handsets. We were overwhelmed by the success of our first pilot sale, so we’ve significantly increased the number of units in our second sale. Registrations are already pouring in.”
“Everyone’s a winner in our model. While buyers enjoy huge discounts on almost-new products, manufacturers are able to get value off their otherwise unsellable stock. Warranty and consumer friendly return policies from Overcart and manufacturers adds to the customer confidence,” adds Alex Souter, Managing Director. “We focus disproportionately on the customer experience—and ensure that our customers receive the best service before, during, and, most importantly, after their purchase.”
Overcart is the first brand in India to tap the ‘unboxed’ and ‘refurbished’ products space in an organised way. Customer returns to online retailers impact profitability as they cannot be sold on traditional channels. These products typically pile up with retailers, distributors, and manufacturers who are often forced to liquidate them in bulk for incredibly low realization. Overcart integrates with the returns processes of such companies to provide an ongoing liquidation service and maximizes the realized value by selling directly to end-users. Overcart currently counts leading ecommerce businesses and manufacturers amongst its clientele.