You can now exchange your old phone for a new Xiaomi smartphone at Mi Home Stores

DoThe Best
By DoThe Best November 22, 2017 14:10

You can now exchange your old phone for a new Xiaomi smartphone at Mi Home Stores

You can now exchange your old phone for a new Xiaomi smartphone at Mi Home Stores

After announcing the opening of its third manufacturing facility in India , Xiaomi has announced the launch of the Mi Exchange program in the country. The Mi Exchange program, launched in collaboration with New Delhi-based Cashify, will allow potential buyers to exchange their old phone for a new Xiaomi smartphone at the company’s physical Mi Home stores. The program is expected to give Xiaomi’s offline push a major boost: something that the company has been working for quite some time now, after having already proved its metal on online sales channels.

“In collaboration with Cashify, we have introduced a new programme – Mi Exchange which lets you exchange your old smartphone for a new Xiaomi smartphone. What you need to do is simply bring your old smartphone to a nearest Mi Home,” Xiaomi writes on its community forum.

The exchange program works just like any other exchange program. Potential buyers can bring in their old phone to their nearest Mi Home Store and exchange the same for a brand new Xiaomi smartphone. The exchange value will be determined by Cashify something that can also be checked manually via the Cashify app. Cashify will also offer doorstep pickup facility, however, potential buyers will need to personally visit a Mi Home Store to buy their new Xiaomi smartphone, as also make the necessary payment.

The exchange value of a dated phone will be determined on the basis of condition and market value, the company notes. Also, only one phone can be exchanged with an available Xiaomi smartphone and the phone in question should be listed in Cashify’s portfolio, the company adds.

The Mi Exchange program, as mentioned earlier, will give Xiaomi’s push for offline a major push. At the same time, the company is ramping up its contribution to ‘Make in India.’ With an aim to give its ‘Make in India’ endeavors a boost, Xiaomi, on Tuesday, announced the opening of its third manufacturing facility here, in Noida, Uttar Pradesh. The new manufacturing facility has been opened in partnership with Hipad Technology and will deal specifically in making (assembling) power banks. The company also announced the launch of the Mi Power Bank 2i : the first product to be assembled at its new Noida facility.

Xiaomi entered India in July 2014. Three years hence, it has become the number one smartphone vendor in the country, according to data released by research firm IDC. The company already has two smartphone manufacturing facilities in Sri City, Andhra Pradesh and “more than 95 per cent of its smartphones sold in India are assembled locally,” it claims.

DoThe Best
By DoThe Best November 22, 2017 14:10
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