Mobile Exchange: Why do companies give people new mobile phones in exchange for old ones? Know the reason here

If you see, you will find that today almost everyone has a mobile phone. When mobiles were new, not everyone could buy them because they were expensive, but now the times are different. People buy mobiles for their entertainment, for making calls, for good photography, etc. At the same time, mobile companies also launch new mobile phones in the market from time to time with many new technologies and new features. Not only this, they also run exchange offers so that people can buy them. In this, people can easily buy their old mobile and a new mobile by paying some money. But do you know what is the benefit to companies from this exchange offer? And is there any benefit for the customers in this? So let's try to know about this without any delay...

What is an exchange offer?
When a new mobile comes into the market, most of the companies keep exchange offers in it or sometimes the company runs this offer for all the mobiles. In this, the customer has to give his mobile, the price of which is fixed by the company, and then after the fixed price, the customer has to pay the remaining price of the new mobile. This facility can be found both online and in stores.

What benefits do you get?
If we talk about the benefits to the customers, then the first benefit is that if your mobile is missing something, then you can give it under the exchange offer. Apart from this, you do not have to pay the full amount for buying a new mobile, because the cost of your old mobile gets added to it.

What benefits does the company get?
If we talk about the benefits of the company, then the first benefit that the company gets is that it can increase the sales of its new mobile. Besides, it is also able to persuade people towards new mobiles. Although the company spends on old mobiles, the company gets long-term benefits from it.

The vendor also gets the benefit
When you give an old mobile exchange offer to a vendor, then these people can remove the shortcomings of that mobile and sell it at a good price. Not only this, the company also gives good commission to the vendor under the exchange offer. Apart from this, separate commission and other benefits are given to the vendor on the sale of a new mobile.

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