What is the Renewed product category on Amazon?
Amazon Renewed is a specialized category on Amazon that offers high-quality refurbished, pre-owned, and open-box products. This program is designed to provide customers with like-new items at discounted prices while ensuring they meet strict quality standards.
Types of Products
Amazon Renewed products fall into three main categories:
Open-Box: These items have been removed from their original packaging but have not been used. They may have been returned by customers who changed their minds or received the wrong item.
Pre-Owned: These are items that have been previously owned and used but are still in good working condition. They may show minor cosmetic wear but function as intended.
Refurbished: These products have been restored to like-new condition through a thorough refurbishment process, which includes diagnostic testing, replacement of defective parts, and cleaning.
All products in the Renewed category are backed by the Amazon Renewed Guarantee, which provides a minimum 90-day warranty against defects or malfunctions.
Selling on Amazon Renewed
To sell products in the Amazon Renewed category, sellers must meet specific criteria, including:
- Providing documentation of prior sales of refurbished products worth at least $50,000 within the last 90 days.
- Maintaining a low Order Defect Rate (ODR) if they are existing Amazon sellers.
- Ensuring that all products are inspected and tested to meet Amazon's quality standards.
Sellers can list their products on Amazon Renewed after passing the application process, which includes a review of their refurbishment practices and product quality
Benefits and Considerations
Selling on Amazon Renewed offers several advantages, such as access to a large customer base and enhanced consumer trust due to Amazon's reputation. However, sellers must also consider potential challenges, such as higher return rates and the need to maintain stringent quality standards[4][5].
Overall, Amazon Renewed serves as a valuable marketplace for both sellers and buyers looking for quality refurbished items at lower prices.