COVID Effect? Electronics & Mobile Phone Consumers Have Started To Prefer Repairs Over Re-Buy - GADGET-INNOVATIONS

COVID Effect? Electronics & Mobile Phone Consumers Have Started To Prefer Repairs Over Re-Buy

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B2B, After-Sales Services leader, Qarmatek, sees a spike in monthly number of phones for repair and refurbishment in the last quarter moving from repairing and refurbishing 110,000 devices and appliances to 150,000 devices monthly in the last business quarter.

 

 

Qarmatek has seen a large spike on electronics and mobile phones they are refurbishing and reparing for leading brands in India, possibly uncovering an impact the pandemic has had on consumer preference. The leading B2B, After Sales Service enterprise has seen monthly devices for repaired and refurbishment increase ~36%, and has further fueled a 30% increase in the Q/Q revenues.

 

 

 

Krunal Shah, Co-founder, Qarmatek said "We are extremely proud of the growth that we have charted. The pandemic, and the subsequent remote working scenario has fuelled our growth. The impact of Covid-19 on consumer buying patterns has led to an increase in purchase of repaired and refurbished devices, and from a sustainability perspective, this is welcome sign not only for our business, but all of our future as this can directly reduction in e-waste if this trends continues for a long-term."

 

 

 

The company’s fast growth has also led to a creation of 200 more jobs in this difficult economy. Qarmatek believes this trend is here to stay and is currently in fast expansion mode to cater to the large growth we expect in the next 2-3 years.

 

 

 

 

 

 

29th October 2020