SOURCE: uSell.com

February 26, 2014 08:15 ET

uSell.com Surpasses 200,000 Devices Milestone

$14 Million in Electronics Saved From Landfills

NEW YORK, NY--(Marketwired - Feb 26, 2014) - uSell.com, Inc. (OTCQB: USEL), the leading US-based reCommerce marketplace that instantly finds cash offers for used smartphones and electronics, announced it has now kept over 200,000 devices out of landfills, earning its customers over $14 million.

Since the company's inception just three years ago, uSell has seen explosive growth. In 2013, devices sold through the platform increased over 80% as compared with the prior year, a testimony to uSell's emergence as the premier marketplace for used electronics. The company's mission is to bring users the best cash offers and quickest payouts for the most number of products, and uSell has taken significant steps toward this end.

In the last year alone, uSell has tripled the number of buyers in its marketplace, resulting in more products with higher cash offers than competing online trade-in programs. uSell has also worked closely with its buyers to streamline the end-to-end customer experience. By investing in a new check processing platform and defining stricter service level agreements with its buyers, uSell has been able to deliver a faster and more seamless process for customer payouts and support. These improvements are evident in its 9.78 out of 10 ResellerRatings score.

A brand refresh in August 2013, that included a logo redesign and a revamped television commercial, also helped uSell achieve the 200,000 device milestone. The highly branded ad, which emphasizes uSell's easy three-step process, has seen a 20 percent increase in response rate. Through social media interaction, customer surveys, and extensive market research, the company has determined what customers want and has delivered.

"The 200,000 mark is a huge milestone for uSell. It clearly demonstrates that the solutions we provide for our customers and our buyers are valued," stated Chief Executive Officer Daniel Brauser. "We continue to stay committed to delivering the highest prices and a hassle-free, safe experience, by building on the strengths of our partnerships and maintaining an unwavering customer focus."

About uSell.com, Inc.
uSell.com is a reCommerce marketplace that helps individuals turn unused items into cash. uSell ensures that customers get the highest payouts with the least amount of hassle by facilitating risk-free transactions with professional buyers. For uSell's buyers, uSell offers a scalable technology, marketing, logistics, and analytics solution that provides a high volume of inventory at a low acquisition cost. Visit www.uSell.com

Contact Information