A new trade-in service at Argos could help householders cash in on their unused electronic equipment. Image: Argos
The new recycling scheme offers customers instant quotes in stores and payment in vouchers, and may be extended to cameras, satnavs and laptops.
Argos, in partnership with circular economy experts WRAP, has introduced the service at all its 788 UK stores. UK householders are estimated to have around £1 billion worth of electrical and electronic equipment in their homes which is no longer used, and two-thirds of those surveyed by WRAP said they would be willing to trade in their tech products with reputable retailers.
Unlike existing schemes, where people have to post gadgets and wait several days or weeks
for payment, the new scheme offers them an instant quote and payment for their device over the counter.
Customers can walk into any Argos store, drop off unwanted tech items (initially mobile phones and tablets), receive an instant quote and, if they trade it in, get an Argos gift card to spend on anything in-store. The items are then refurbished in the UK and re-sold.
Amy Whidburn, head of corporate responsibility at Argos, said: “As a leading technology
retailer we know that our customers are looking for solutions to responsibly dispose of
unwanted gadgets when they replace or trade-up devices. Our new scheme in conjunction
with WRAP offers them a safe way to do this, in a really convenient location on their local high street or retail park, with the added benefit of receiving a gift card in return immediately.
“Depending on the response from customers, we may extend the scheme to include other
electrical items in the future, such as camera, sat-navs or laptops.”
Marcus Gover, director of WRAP, added: “We’re delighted to see this type of service become available over Argos store counters. Our research told us consumers have an appetite for trading in and Argos is now providing a convenient and easy way for them to do just that and release the value from their unwanted gadgets. By doing so we’re keeping valuable resources out of landfill and in use longer, reducing the impact on diminishing virgin materials and protecting our environment.”
The new service is the result of Argos’ work with WRAP through the REBus project3, which helps companies implement new resource efficient business models that keep products, and their materials, in use for longer.
Visit www.rebus.eu.com to find out more.
By Lucy Purdy: firstname.lastname@example.org