Businesses and consumers are making increased use of TD SYNNEX’s Trade-in services, with the volume of business rising by over a third in the first half of 2022. Consumer trade-in business is increasing even more dramatically, seeing triple-digit growth as more retailers make use of TD SYNNEX’s offering.
► More customers are taking up money-back offers on their old systems
► Both B2B and consumer trade-ins rise significantly in H1
Awareness of the trade-in offers has grown and more partners are now highlighting it as an option for customers. For both B2B customers and consumers, it can make all the difference when they can get money back for their current products or devices.
In addition, more partners are also offering trade-ins alongside Tech-as-a-Service options, which means that customers can spread out the payments for new investments. TaaS deals can also be made more attractive by providing a guaranteed residual value for the product at the end of the contract period.
As concerns about the economic outlook continue and customers look to maximise every penny of budget available to spend on IT, the growth of trade-ins and TaaS business looks set to continue. TD SYNNEX is responding by providing more support for partners looking to make the most of these services. Ben Cornish has recently joined the team as business development executive for B2B Trade-In services, adding to an already-strong team of 17 supporting the wider services portfolio. Ben has joined having spent two years at lifecycle and IT asset disposal specialist Procurri, having gained his initial work experience at TD SYNNEX.
