{"id":471446,"date":"2021-04-06T07:16:50","date_gmt":"2021-04-06T11:16:50","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471446"},"modified":"2021-04-06T07:16:50","modified_gmt":"2021-04-06T11:16:50","slug":"out-with-the-old-in-with-the-new-suning-subsidizes-500-million-product-trade-ins-and-offers-free-on-site-home-appliance-inspections","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/out-with-the-old-in-with-the-new-suning-subsidizes-500-million-product-trade-ins-and-offers-free-on-site-home-appliance-inspections\/","title":{"rendered":"Out With The Old, In With The New: Suning Subsidizes 500 Million Product Trade-ins and Offers Free On-site Home Appliance Inspections"},"content":{"rendered":"
\n

Suning.com unveils the latest version of its 3C home appliance trade-in scheme at its 2021 Product Upgrade Conference<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n BEIJING<\/span>, April 6, 2021<\/span> \/PRNewswire\/ — Suning.com (002024.SZ), China’s<\/span> leading smart retail service provider and a Fortune Global 500 company owned by Suning Group, has launched a new home appliance trade-in scheme during its inaugural 2021 Product Upgrade Conference held on March 30<\/span> in Beijing<\/span>. The new plan will see Suning.com subsidize 500 million product trade-ins and offer free home appliance testing and maintenance services. <\/p>\n

In fact, Suning.com pioneered home appliance trade-in services starting in 2005. In 2009, when China<\/span> introduced a national trade-in policy for home appliances, Suning.com responded immediately by further updating its services including setting up a reservation hotline and offering specialized consulting services in its brick-and-mortar stores. In the same year, China’s<\/span> first batch of customers who benefited from the national trade-in policy were mostly Suning.com users. More than a decade on, the first batch of home appliances to benefit from the scheme are nearing the end of their product life-cycle \u2014 ushering in a new opportunity for the trade-in market. <\/p>\n

\n Seamless cross-category upgrades, delivered in just one hour<\/b>\n <\/p>\n

During the conference, Hou Enlong, president of retail at Suning.com, unveiled the latest version of Suning.com’s 3C home appliance trade-in plan. Consumers can enjoy a streamlined upgrade process that encompasses old appliance removal, new appliance installation, price comparison, improved customer experience and more. <\/p>\n

As part of its scheme, Suning.com will complete the delivery of a new home appliance while simultaneously removing the old appliance. This saves customers from needing to wait for a replacement machine or organize their own appliance removal. The scheme also supports cross-category trade-ins, which enables customers to swap an existing appliance in one category with an appliance in another, such as trading in a fridge for a washing machine.<\/p>\n

With tens of thousands of stores nationwide, Suning.com can realize trade-ins in just 60 minutes. Customers can place an order online and enjoy rapid delivery to their doorstep, or head to their nearest store and complete the trade-in \u2014 both in as little as one hour. Suning.com also instantly completes a one-click valuation of the old appliance, then directly deducts this from the price of the new model for a seamless trade-in.<\/p>\n

Suning.com has launched a new home appliance maintenance service in tandem with its trade-in scheme. Consumers can enjoy free maintenance services on-site, or schedule a complimentary at-home visit from a professional engineer. <\/p>\n

\n Supporting change with action<\/b>\n <\/p>\n

Xiong Xiangyi, executive president of Liaowang Institute \u2013 the public policy research center at the National Center for Research (NCR), released its 2021 China Home Appliances Trade-in Annual Survey Report during the conference. He noted that the product upgrades are expected to become more popular in 2021. Due to the increasing awareness of trade-ins among Chinese consumers, 2021 is slated to be the first year where the industry sees an uptick in consumers swapping old appliances for upgraded products.<\/p>\n

Home appliance trade-in policies have garnered significant attention as a result of their ability to reduce carbon footprint and support green consumption. The Report acknowledged that in the trade-in 2.0 era, government-led and company-sponsored programs will become more significant. Recognizing this, Suning.com has actively launched a number of trade-in benefits and subsidies \u2014 pioneering the green home appliance market of tomorrow.<\/p>\n

As the leading company in recycled home appliances, Suning.com’s dual-line service upgrades are aligned with consumer demand for smart, high-quality household appliances. At the same time, Suning.com has developed its trade-in service to help promote recycling and upcycling within the industry. <\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/out-with-the-old-in-with-the-new-suning-subsidizes-500-million-product-trade-ins-and-offers-free-on-site-home-appliance-inspections-301262880.html<\/a><\/p>\n

SOURCE Suning Group<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Suning.com unveils the latest version of its 3C home appliance trade-in scheme at its 2021 Product Upgrade Conference PR Newswire BEIJING, April 6, 2021 \/PRNewswire\/ — Suning.com (002024.SZ), China’s leading smart retail service provider and a Fortune Global 500 company owned by Suning Group, has launched a new home appliance trade-in scheme during its inaugural 2021 Product Upgrade Conference held on March 30 in Beijing. The new plan will see Suning.com subsidize 500 million product trade-ins and offer free home appliance testing and maintenance services. In fact, Suning.com pioneered home appliance trade-in services starting in 2005. In 2009, when China introduced a national trade-in policy for home appliances, Suning.com responded immediately by further updating its services including setting up a … <\/p>\n

Continue reading “Out With The Old, In With The New: Suning Subsidizes 500 Million Product Trade-ins and Offers Free On-site Home Appliance Inspections”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471446","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOut With The Old, In With The New: Suning Subsidizes 500 Million Product Trade-ins and Offers Free On-site Home Appliance Inspections - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/out-with-the-old-in-with-the-new-suning-subsidizes-500-million-product-trade-ins-and-offers-free-on-site-home-appliance-inspections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Out With The Old, In With The New: Suning Subsidizes 500 Million Product Trade-ins and Offers Free On-site Home Appliance Inspections - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Suning.com unveils the latest version of its 3C home appliance trade-in scheme at its 2021 Product Upgrade Conference PR Newswire BEIJING, April 6, 2021 \/PRNewswire\/ — Suning.com (002024.SZ), China’s leading smart retail service provider and a Fortune Global 500 company owned by Suning Group, has launched a new home appliance trade-in scheme during its inaugural 2021 Product Upgrade Conference held on March 30 in Beijing. 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