The pandemic period proved to all of us that connecting with family and friends is the single most important thing. However, economic challenges that followed at its onset meant that most people could not spend exorbitantly to stay connected to their loved ones.
UsedPanda was conceived as an idea to help people access used and slightly new mobile devices at an affordable price to stay connected to those who matter most in their lives.
“There was a market gap that could efficiently be served by the trade of slightly used and new electronics at a discount,” said Mr. Tauqeer Malik, co-founder of UsedPanda.
He added, “Our idea was to make connections possible, but as we explored the creation of a platform to sell used mobile phones and laptops, we realized that other electronic devices and home appliances were in high demand as well.”
Mr. Malik is a seasoned IT and sales professional with experience spanning more than two decades. He has worked with renowned electronics brands across the globe, with a special focus on the Gulf market. His expertise and continued research of customer needs were essential in ideating UsedPanda’s business model.
Since its launch, UsedPanda has so far attracted more than 100,000 buyers, with at least 60% of them trading in secondhand electronics.
Every product listed for sale has to be sent to its warehouse, where a team of experts inspects it through a 25-checkpoint evaluation process that ensures it functions as it should and that there are no faults that may cause the buyer problems. Buyers can view this 25-checkpoint on the products they want to buy when they click its ad.
Customers are protected by a 12-months warranty on all products they buy. Some of the items still have the original warranty from the manufacturer as well. There is also a ten-day free returns period after each purchase in case of a problem with the item bought.
UsedPanda aims to make electronics affordable for all people in the Gulf region. Refurbished items on its platform are available at discount margins of between 20% and 30%, while open-box items can be bought at 5-20% off. Other used items like fridges and cooking appliances have up to 50% discounts, with special events like Black Friday seeing these margins increase.
With each purchase, UsedPanda ensures you can wait at your desired location throughout the Gulf and have the item delivered to you conveniently. It partners with several logistics companies to ensure timely deliveries with no product tampering.
UsedPanda has also partnered with Tabby to enable customers to purchase used items through buy now pay later plans, making their products more affordable and within reach of most people in the Gulf region.
Visit UsedPanda.com today and look up the phone, laptop or home appliance you’ve wanted to buy for years, and you will get it at a great discount.
