Gazzel Recycles your Gadgets
By Azam on November 10, 2008 
Second Raotation the company behind Gazelle closed a $6 million Series B funding round led by RockPort Capital Partners, with existing investors Venrock Associates, Austin Ligon, and Henry Vogel also participated in the round. Gazzel offer an easy and convenient services to sell your used gadets online through their service and avoid the hassles of using ebay or craigslist to sell your items
Gazelle calls its service “reCommerce” rather than recycling since, for the most part, goods are being repurposed. But that still addresses the problem of electronic waste. “
“The first step to recycling is putting a product back in the marketplace,” said President and Chief Operating Officer Israel Ganot.
The Gazzel service adds an enhanced search engine and broader selection of items that includes laptops, satellite radios, and portable hard drives, cellular phones, digital cameras, and digital music players.
Users of Gazzel enter in data of gadget of interest (model number, condition, etc) and the service will make an offer for the items. Also Gazelle will pay the shipping charges and pays the user the cash amount within a few days of receiving the gadget item as long as the product’s condition corresponds as described. The trade of using Gazzel is money received is generally less than one may get selling on eBay or crtaigslist. Gazzel business model is based on users will preference for the convenience, ease of use, and quick payment for used gadget items
The business looks interesting based on popularity of entropic gadgets being sold and the frequent upgrade cycle with new models and features being added on a constant basis. The Consumer Electronics Association estimates that U.S. households spend $1,400 a year on up to 24 items. Gazzel will likely capture a portion of the value stored in languishing and unused digital gadgets. For items not listed, Gazzel has added social networking features like a customer-referral program and the ability to get prices for items not already listed in its catalog. Gazzel also help recycles items that cannot be resold such as unused and unwanted computer equipment, computer gear, and gadgets
Reading List
TechCrunch Second Rotation Raises $6 Million For Hassle-Free Gadget Marketplace
Cnet Got a gadget gathering dust? Gazelle will resell or recycle
Categories : TechTags : , Craigslist, eBay, Gazelle, Israel Ganot, Recycle Gadgets, Second Raotation