TikTok Shop enters online refurbished electronics market
Each refurbished electronics purchase is backed by TikTok Shop's 90-Day buyer protection program, which allows customers to seek out a refund for up to 90 days after purchase if a refurbished electronic product is damaged, defective, or not as described.
In addition, sellers must also provide one-year warranty for all refurbished electronics sold on TikTok Shop.
"TikTok Shop's entry into the refurbished electronics category is one of the latest ways the platform is seamlessly connecting shoppers with the products and brands they trust, in addition to added buyer protections,” a TikTok spokersperson said in the email.
Since launching in September 2023, TikTok Shop has rapidly gained popularity, with a recent Omnisend survey revealing that 33% of Americans (and 56% of U.S. Gen Z consumers) have already made a purchase on the platform, with beauty products and apparel the most popular product categories.
Refurbished electronics is a hot market, however. Retailers including Amazon, eBay, Best Buy, and Newegg all offer some form of refurbished electronics e-commerce program.