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Best Way to invest in Stock Market || How to invest and earn from an IPO? Earn Income in just 7 Days

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Stock Market: One of the largest place in India and throughout the world where people invest their amount and earn good profits in short time as well as also invest for the Long Term Profits. Stock Market is the place where you can earn more the the invested amount in just a day. But stock market is the place which is full of risk. The Lack of knowledge can give you the loss which may needs to payback for the entire life also. So, if you are thinking about to invest in Stock market and need a start-up Ides, then this article is for you. Read this full article where we have mentioned the safest method of investment with minimum risk from where you can earn more than 50% of profit in just 7-10 days. In Short: Stock Market is one of the best investment platform filled with uncertainties & opportunities The are many methods from were you can invest in Stock market such as: 1. Investment in Shares of Companies (Equity Markets, Future & Options & Currency Market) 2. Investment ...
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What Flipkart & Amazon do with Exchanged Phones || What happens with Exchanged Products online


Flipkart's Big Billion Day Sale & Amazon Festival Sales are going on these days on top speed. Companies offering great discounts & numbers of new offers in different categories like: Bank Offers, Cashbacks, Wallets & UPI Payment Cashbacks, Exchange Offers, Promotional Offers etc. These type of sale increases the sale quantity of the Products & Also it's beneficial for customers because they are getting huge discounts and able to buy wanted products in lower prices.
Among these offers, today we will discuss about the Exchange Offers.

What is Exchange Products Facility in online shopping ?

We saw that in Exchange Offers, company allows customers to buy new products with the discount prices of exchanged products. In Exchange offers, customers provides the similar products to the company and purchase new device and in return company reduce the amount of new Product with the value of exchanged product's price.

What are the Benefits of Exchange Offer for Customers ?

1. Customers can get the Extra Benefit or Extra Cash Discounts after exchanging the old products which can reduce the outflow of Cash and they can save a nominal amount for next purchases. 

2. It also helps them to recycle/get rid of old products. Otherwise without exchange, they can face the problem of storing that old product in the house.

3. They can also assure that their old device is in safe hands. Instead of selling old devices to unknown persons online who can misuse the data available on that device. Online Selling companies use that product on safe manner and our data on that device will also not going to use for unfair manner.

What are the Benefits of Exchange Offer for Vendors & Companies ?

Vendors can resale the product on their own terms and make good commission and for companies: They can reduce the cost of taking back the product to the companies for Recycle. It also reduce the cost for the company to take back the Products from Consumers because the vendors are doing this for them.

What Companies do with Exchanged Products ?

1. The products received after Exchange will resale by the vendor companies like Amazon, Flipkart, 2Gud etc. after refurbished. They modify the damaged parts and repair the product and then list on their websites for resale. Consumers can buy these refurbished products on lower rate than Fresh Products. Consumers can get 50-60% of discounted rates on those refurbished products. Refurbished products can comes with Warranty and can also run up to 1-2 years with great performance. If a customer wants to buy a product just for short term uses, then he/she must go for the refurbished product instead of fresh/ one.

2. The Exchanged products having lots of damages and can't be refurbished will returned to the manufacturer. The Manufacturer takes out the good parts from the device that can be use in the next new device after complete repairing. In this case the manufacturer can reduce the cost of developing the same part again because they can take out that part from returned products from Consumer

3. Company's Waste Management Policy: At final state, companies will recycle the non-usable parts of the products. In India, as per the waste management policy: Every Company engaging in Manufacturing Electronic Devices have to follow the Waste Management Policy in which they have to take back the damages products (As per the % fixed) from the market (Here Online Vendor companies Like Amazon and Flipkart do this for the Manufacturing Companies) and recycle them for further usages (whether for waste management or for reuse purposes)

Hope you understand the complete information about what happens with the Exchanges Products Online. Do share with your friends so they can also know this.
Thanks
Team: Online Knowledge Zone

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