STOCK TITAN

Logitech Expands Availability of Refurbished Devices, Offering High-Quality, Affordable Tech for Work and Play

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Logitech (NASDAQ: LOGI) announces expanded availability of refurbished devices through its eBay Refurbished brand store in the US and Logitech websites across North America and Europe. The initiative offers certified refurbished products including mice, keyboards, tablet accessories, gaming gear, and Bluetooth speakers at reduced prices. All refurbished items undergo rigorous testing, come with required accessories, manuals, and warranty. Products mainly originate from open-box returns or previously owned items restored to like-new condition. The program aims to meet growing consumer demand for affordable premium technology while reducing electronic waste.

Logitech (NASDAQ: LOGI) annuncia l'ampliamento della disponibilità dei dispositivi ricondizionati attraverso il suo negozio eBay Refurbished negli Stati Uniti e i siti web di Logitech in Nord America e Europa. Questa iniziativa offre prodotti certificati ricondizionati che comprendono mouse, tastiere, accessori per tablet, attrezzature da gioco e altoparlanti Bluetooth a prezzi ridotti. Tutti gli articoli ricondizionati vengono sottoposti a rigorosi controlli, sono accompagnati dagli accessori necessari, manuali e garanzia. I prodotti provengono principalmente da resi di imballaggi aperti o articoli precedentemente posseduti restaurati in condizioni pari al nuovo. Il programma mira a soddisfare la crescente domanda dei consumatori per una tecnologia premium accessibile, riducendo al contempo i rifiuti elettronici.

Logitech (NASDAQ: LOGI) anuncia la ampliación de la disponibilidad de dispositivos reacondicionados a través de su tienda de marca eBay Refurbished en EE. UU. y en los sitios web de Logitech en América del Norte y Europa. La iniciativa ofrece productos certificados reacondicionados, incluyendo ratones, teclados, accesorios para tabletas, equipos de juegos y altavoces Bluetooth a precios reducidos. Todos los artículos reacondicionados pasan por pruebas rigurosas, vienen con los accesorios requeridos, manuales y garantía. Los productos provienen principalmente de devoluciones de caja abierta o de artículos de segunda mano restaurados a condiciones como nuevas. El programa tiene como objetivo satisfacer la creciente demanda de los consumidores por tecnología premium accesible mientras se reduce el desperdicio electrónico.

로지텍 (NASDAQ: LOGI)는 북미 및 유럽의 로지텍 웹사이트와 미국의 eBay Refurbished 브랜드 스토어를 통해 리퍼비시 장치의 가용성을 확장한다고 발표했습니다. 이번 이니셔티브는 마우스, 키보드, 태블릿 액세서리, 게임 장비 및 블루투스 스피커를 포함한 인증된 리퍼비시 제품을 할인된 가격에 제공합니다. 모든 리퍼비시 품목은 엄격한 테스트를 거치며 필수 액세서리, 설명서 및 보증과 함께 제공됩니다. 제품은 주로 개봉된 반품 또는 이전 소유자에게서 회복된 새것 같은 상태의 항목에서 유래됩니다. 이 프로그램은 접근 가능한 프리미엄 기술에 대한 소비자의 증가하는 수요를 충족하고 전자 폐기물을 줄이는 것을 목표로 합니다.

Logitech (NASDAQ: LOGI) annonce l'extension de la disponibilité des appareils reconditionnés à travers sa boutique de marques eBay Refurbished aux États-Unis et sur les sites Web de Logitech en Amérique du Nord et en Europe. L'initiative propose des produits reconditionnés certifiés tels que des souris, des claviers, des accessoires pour tablettes, du matériel de jeu et des haut-parleurs Bluetooth à prix réduit. Tous les articles reconditionnés subissent des tests rigoureux, sont fournis avec les accessoires nécessaires, les manuels et une garantie. Les produits proviennent principalement de retours de boîtes ouvertes ou d'articles préalablement possédés, restaurés à un état semblable à neuf. Le programme vise à répondre à la demande croissante des consommateurs pour une technologie premium abordable tout en réduisant les déchets électroniques.

Logitech (NASDAQ: LOGI) kündigt die erweiterte Verfügbarkeit von generalüberholten Geräten über seinen eBay Refurbished Markenshop in den USA sowie über die Logitech-Webseiten in Nordamerika und Europa an. Die Initiative bietet zertifizierte generalüberholte Produkte an, darunter Mäuse, Tastaturen, Tablet-Zubehör, Gaming-Ausrüstung und Bluetooth-Lautsprecher zu reduzierten Preisen. Alle generalüberholten Artikel durchlaufen strenge Tests, werden mit erforderlichen Zubehörteilen, Handbüchern und einer Garantie geliefert. Die Produkte stammen hauptsächlich aus offenen Retouren oder zuvor besessenen Artikeln, die in neuwertigen Zustand zurückversetzt wurden. Das Programm zielt darauf ab, der wachsenden Verbraucher Nachfrage nach erschwinglicher Premium-Technologie gerecht zu werden und gleichzeitig den elektronischen Abfall zu reduzieren.

Positive
  • Expansion into growing refurbished market segment creates new revenue stream
  • Potential for increased market share through lower-priced offerings
  • Environmental initiative aligns with growing consumer sustainability preferences
Negative
  • Lower margins on refurbished products compared to new items
  • Potential cannibalization of new product sales

Insights

The expansion of Logitech's refurbished product program represents a strategic move to tap into the growing secondhand market, particularly appealing to cost-conscious and environmentally aware consumers. While this initiative could generate incremental revenue through a new sales channel, the impact on overall financials is likely to be modest in the near term.

The program's launch on eBay's Refurbished platform and Logitech's websites provides dual benefits: reduced e-waste and increased market accessibility through lower price points. However, potential cannibalization of new product sales and lower margins on refurbished items could offset some gains. The warranty inclusion and rigorous quality testing should help maintain brand value while expanding market reach.

Logitech Certified Refurbished devices officially debut on eBay Refurbished brand store

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (Nasdaq: LOGI) announces the expanded availability of refurbished devices. A full range of products for work and play, including mice, keyboards, tablet accessories, Logitech G gaming gear and Bluetooth speakers, are now available on the Logitech eBay Refurbished brand store in the US and Logitech websites across North America and Europe. Refurbished products are increasingly popular, with consumers looking for alternatives to buying new. High-quality refurbished devices not only reduce electronic waste, but also provide an opportunity for people to access premium technology at a reduced price.

Secondhand shopping is expected to grow, particularly with younger shoppers enthusiastic about buying across various categories, including electronics. According to a recent Conference Board study, the initial appeal of buying a product for a lower cost is immediately rewarding, but it’s the thrill of “thrifting” for unique items that has become a purchase driver and a smart, trendy option. Savvy shoppers are giving refurbished devices a second chance at an increasing rate.

“Consumers can be key partners in the transition toward a waste-free circular economy of the future,” said Sacni Leon, Head of DTX Operations, Returns & Asset Recovery at Logitech. “Our refurbished program offers a ‘like-new’ alternative for an affordable price. As part of our commitment to reduce waste and extend the life of products, Logitech’s Certified Refurbished program supports our community’s increased interest in finding that sweet spot of saving money and reducing waste.”

Logitech and Logitech G refurbished products undergo rigorous testing and quality checks, ensuring they meet high standards of performance and reliability. All refurbished products include the required accessories and manuals provided with new products, all fully restored and ready to deliver an exceptional experience. Plus, they have a warranty from the date of purchase.

Many Logitech refurbished products originate from open-box returns from retailers, or have been previously owned, but restored to a like-new condition. Before returning a product to the marketplace, it is inspected by a third party and meets approved criteria.

“Consumers are increasingly choosing refurbished products to get the technology they love for less while helping reduce harmful e-waste going to landfill. As part of the continued growth of our Refurbished programme, we are very excited about the launch of the official Logitech branded store.” - Kumaran Adithyan, General Manager, Global Electronics and Home, eBay.

Logitech and Logitech G Certified Refurbished devices are now available through the Logitech brand store on eBay Refurbished. They can also be purchased through Logitech.com or LogitechG.com. Shoppers can choose from various products, including mice, headsets, mobility solutions, and gaming gear.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

(LOGIIR)

Marie Perriard, Head of Sustainability Communications - USA mperriard@logitech.com

Ben Starkie, Corporate Communications - Europe +41 (0) 79-292-3499

Source: Logitech International

FAQ

What products are available in Logitech's (LOGI) refurbished program?

Logitech's refurbished program includes mice, keyboards, tablet accessories, Logitech G gaming gear, and Bluetooth speakers.

Where can I buy Logitech (LOGI) refurbished products?

Logitech refurbished products are available through the Logitech eBay Refurbished brand store, Logitech.com, and LogitechG.com in North America and Europe.

Do Logitech (LOGI) refurbished products come with a warranty?

Yes, all Logitech certified refurbished products come with a warranty from the date of purchase.

What quality checks do Logitech (LOGI) refurbished products undergo?

Logitech refurbished products undergo rigorous testing and quality checks by third parties to meet high standards of performance and reliability.

Logitech International SA

NASDAQ:LOGI

LOGI Rankings

LOGI Latest News

LOGI Stock Data

12.03B
147.28M
0.27%
58.57%
2.91%
Computer Hardware
Computer Peripheral Equipment, Nec
Link
United States of America
SAN JOSE