Friday, September 22, 2023

BuyBackWorld Review 2023 – How Much Can You Make?


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buybackworld logo

BuyBackWorld will buy your used stuff, including electronic devices. This platform is especially helpful for those looking to make quick cash out of used electronics. The platform is completely free to use, and you can be sure 100% of your item’s value goes to your pocket. You don’t need to pay for shipping, even if the final offer turns out to be not what you expect and you want your device back.

Pros

  • Provides prepaid shipping label and kit
  • Free to use
  • Buys other stuff besides electronics
  • Instant payment through PayPal and Venmo

Cons

  • Final offers tend to be lower than online
  • Limited support options

Jump to: Full Review

Compare to Other Sites to Sell Stuff

Decluttr

Decluttr logo

Over 3 million products sold in 12 months with a year limited warranty

Sell smartphones, tablets, laptops books, watches, video games and Lego

Get a free instant item valuation, ship your item for free and get paid

Swappa

Swappa logo

No fees for sellers – buyers pay no fees up $50 items. $5+ thereafter

Sell computers, home tech, cameras, phones, watches, laptops and tablets

Sell your item directly to buyer and get paid the next day via PayPal

eBay

eBay logo

180+ million buyers, easy listings and sell directly from the smartphone

List up to 200 items for free every month, and only pay when they sell

Global brand trust and seller protections in place from buyers scams

How Does BuyBackWorld Work?


BuyBackWorld is an online platform that buys and sells used electronic devices, such as mobile phones, tablets, laptops, and gaming consoles. It was launched in 2009 in New York City.

If you’re looking to sell your stuff online, BuyBackWorld is a great place to start. Through its website, click on the Sell Smarter button and choose the device you want to sell. You can also use the search bar to look for the device you want to sell. 

After selecting it, you’ll need to provide general details, such as the brand and model. In some devices, like smartphones, you’ll need to provide the cellular network your device works with and the storage capacity. 

If you’re okay with the offer, you’ll receive a free shipping label, so you can box up your items and send them to BuyBackWorld. The platform also sends a shipping kit in case customers can’t print the shipping label.

After BuyBackWorld receives your item, it will undergo inspection. Within two days after that process, you’ll receive a final offer and BuyBackWorld will send the payment through your preferred option. 

In some cases, the final price may be lower than the online quote. For that, customers can request to get their items back, and BuyBackWorld will send them for free.

How Much Can You Earn With BuyBackWorld?


How much you can earn with BuyBackWorld depends on the item you’re selling. Buyback prices rely on the information you provide, such as the storage capacity and condition. These also change after BuyBackWorld inspects your device. 

To give you an idea, a factory-unlocked iPhone 8 sells at $125 to $140, depending on its storage capacity. However, this price can go down to $37 once you confirm its condition and BuyBackWorld inspects it upon receipt. 

Who Is BuyBackWorld Best for?


BuyBackWorld is best for people looking for platforms to sell used stuff, particularly electronic devices. After all, you’ll be selling your devices to BuyBackWorld. That means you can completely skip the customer service part of selling things online. 

It’s also a great place to responsibly dispose of old devices as BuyBackWorld even buys items that aren’t working.  

What Can You Sell With BuyBackWorld?


Here’s the list of the things you can sell with BuyBackWorld:

  • iPhone
  • Cellphone
  • iPad
  • iPod
  • Macbook
  • Apple desktop
  • Apple accessories
  • Tablet
  • Gaming console
  • Camera
  • Watch and smartwatch
  • Vacuum
  • Calculators
  • GPS
  • Mobile broadband
  • Home automation
  • Video games
  • Drone
  • Graphics card
  • Guitar effects

BuyBackWorld Benefits: What Does BuyBackWorld Offer?


30-Day Price Protection Guarantee

Unlike many online selling platforms, BuyBackWorld offers a 30-day Price Protection Guarantee. This means that once you receive an instant offer through their website, that price is good for 30 days. 

You can send your device within those 30 days and claim the offer.

Free Shipping

BuyBackWorld sends a prepaid shipping label to customers who won’t need to pay for shipping. They only need to print the label and attach it to their packaged or boxed item. 

In case the customer has no access to a printer, they can contact BuyBackWorld and the latter will mail them a shipping kit. And even if you decide to change your mind and want to get your device back, BuyBackWorld will send it back to you for free. 

Hassle-Free

Selling with BuyBackWorld means you don’t need to go to online marketplaces and list your items. It’s also hassle-free since you don’t need to deal with customers and hagglers.  

BuyBackWorld Fees: How Much Does It Cost to Use BuyBackWorld?


There are no fees to use BuyBackWorld. Getting an instant quote and sending your device to them is also free.

But how does BuyBackWorld make money, you may ask. The answer is simple. The company will resell your device or its parts for profit.

BuyBackWorld Requirements?


To sell your device to BuyBackWorld, you’ll need to provide some personal details, such as your complete name, email, and shipping address. You might also need to provide additional information depending on the payment method you prefer. 

As for the device, BuyBackWorld generally buys regardless of the condition. However, it states on their website that they don’t buy devices that are tagged as lost or stolen. 

BuyBackWorld Payout Terms and Options


You have three options to receive payment from BuyBackWorld:

For check payments, BuyBackWorld will send them through USPS, and this can take up to 10 business days. 

PayPal payments, on the other hand, offer a quick option. You can receive your funds within 3 business days after the inspection and accepting the final offer. Make sure to check your email, as they will send you an email notification once your payment is there. 

Venmo also offers quick payment. Like PayPal, you’ll get your money within 3 business days, and you’ll receive an email notification. 

BuyBackWorld Reviews: Is BuyBackWorld Legit?


When you finally decide to sell used stuff, it makes sense to choose a platform that is safe and legit. Besides the payment guarantee, you would want the next owner to appreciate your device’s value. Here is where BuyBackWorld excels.

It has a 4.3 rating at Trustpilot and a 4.36 rating at the Better Business Bureau.

Some positive reviews about BuyBackWorld talk about their easy and efficient process. Others also appreciate the updates they receive on their buyback status.

On the other hand, some customers have issues with final offers, as they received adjusted prices after inspection. 

In addition, there are issues about missing devices and sending payments to the wrong recipients. As such, BuyBackWorld has faced several complaints at the Better Business Bureau. They closed around 7 complaints within the last 12 months. 

What Are the BuyBackWorld Pros & Cons?


BuyBackWorld Pros

  • Provides prepaid shipping label or shipping kit
  • Free to use
  • Buys other stuff besides electronic devices
  • Instant payment options through PayPal and Venmo

BuyBackWorld Cons

  • Final offers tend to be lower than the online quote
  • Limited support options

How Good Is BuyBackWorld Support?


BuyBackWorld has a dedicated support page where you can find articles on the most commonly asked questions on their site. These articles are categorized based on topics, such as the selling and shipping process, account management, and payments. 

Besides the knowledge base, you can also seek support through email:

  • Their customer service team is accessible through service@buybackworld.com. 
  • If you’re looking to sell bulk items, you can also contact bulkbuyback@buybackworld.com.

You can also submit a support ticket through their online contact form. Provide your active email address and the subject and description of your query. The BuyBackWorld Support is available every Monday to Friday, 8 AM to 4 PM. 

BuyBackWorld Review Verdict: Is BuyBackWorld Worth It?


BuyBackWorld offers an easy and efficient way to sell used stuff, including electronic devices. This platform is especially helpful for those looking to make quick cash out of obsolete gadgets, instead of throwing those away. 

Also, the platform is completely free to use, and you can be sure 100% of your item’s value goes to your pocket. You don’t need to pay for shipping, even if the final offer turns out to be not what you expect and you want your device back. 

Finally, you can conveniently receive your payment through PayPal or Venmo within 2 business days after accepting the final offer. There’s also a check payment option if you prefer to save your earnings from things you can sell.  

How to Sign Up With BuyBackWorld?


To sign up with BuyBackWorld:

  1. Start by going to its website through your computer or smartphone’s mobile browser. 
  2. Then, click on the Sell Smarter button and choose your device from the list. 
  3. Select your device brand and model and click on Sell Now. 
  4. Choose the condition that best describes your device and click on Get Paid. 
  5. A popup will show asking if you want to proceed to the checkout page or add more items to your cart. 
  6. Once you’re ready to check out, you’ll need to provide your email and create a password for your user account. You can use your login details to check the status of your buyback order. 
  7. On the checkout page, you’ll also need to enter your payment method and shipping address. 
  8. After confirming all details, you can finalize the buyback order and print the shipping label. 

Sites Like BuyBackWorld


BuyBackWorld vs. Decluttr


Decluttr Summary

  • Next-day payment upon delivery of goods
  • Get the best prices for your used tech
  • 2 different payment options available
  • Get extra cash if you are a student

Used electronics are some of the things people buy online, and Decluttr is one of the best alternatives to Decluttr. Here, you can sell your old smartphone and computer, along with CDs, DVDs, and books. 

Similar to BuyBackWorld, Decluttr also offers free shipping to their customers. However, their shipping times tend to be longer as it can take up to 10 days for them to receive your items.

BuyBackWorld vs. Swappa


Swappa Summary

  • No fees to list and sell your products
  • Optional featured listing for just $5
  • 2 days to ship the item after getting paid
  • Instant payments via PayPal

Sites like Swappa allow people to sell items online, getting the most money out of them. After all, sellers at Swappa can set the prices on items they sell. They’ll also be selling with other users on the platform, quite unlike how BuyBackWorld works.  

BuyBackWorld vs. eBay


eBay Summary

  • High user traffic – over 187 million users
  • No listing fees for small scale sellers
  • Promote your listing from as little as 1%
  • Quick processing time for payouts

eBay, an eCommerce giant, is one of the online marketplaces where you can sell anything, including old tech devices. Compared to BuyBackWorld, you’ll have access to millions of potential buyers and decide how much you want to sell your items for. 

Also, listing your items on eBay might not be entirely free as there are seller and listing fees to consider.

Other Sites Like BuyBackWorld


BuyBackWorld FAQ


What Is BuyBackWorld?

Since its launch, the platform has catered to more than 400,000 customers and paid out more than $40 million. Meanwhile, BuyBackWorld has reported more than $9.5 million in revenue in 2022.

Where is BuyBackWorld?

BuyBackWorld is located in New York, United States.

Can I add multiple items to the same order with BuyBackWorld?

Yes, you can include multiple items in a single order. 

Will BuyBackWorld extend my offer date?

Since they already offer a 30-day price protection guarantee, they don’t extend offer dates beyond this.

If I check out an item, do I have to send it to BuyBackWorld?

No, you don’t, as there’s no obligation to sell to BuyBackWorld even if they send you a prepaid shipping kit. 

What shipping methods does BuyBackWorld offer?

BuyBackWorld uses USPS and FedEx and will select the option that’s best for you based on your location.

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