The Chinese smartphone maker Xiaomi released its first smartphone in August 2011 and has rapidly gained market share in China to become China’s largest smartphone company in 2014.
Since Xiaomi has been regarded as the world’s 5th largest smartphone company in the year 2017, its innovative business model has been characterized as a disruptive force to the existing smartphone industry by a number of commentators
Last year in November, Xiaomi launched it’s Mi Exchange Program in India in association with Cashify. However. During that time, the Program was only available at offline on Mi Home stores. However, the company has now extended the program to its Mi online store.
This exchange program allows the users to exchange their old smartphones and to get an exchange coupon in return on mi.com.
The customers can then use this coupon to buy a new Xiaomi smartphone from Mi.com.However, if the company somehow finds that the old smartphone you want to exchange is nit really eligible for the exchange program then, the order placed will be canceled and the complete amount will be refunded back.
The company also adds that the smartphone you wish to exchange should not have any screen cracks or body dents. Interested users who wants to know about the process to exchange their old smartphone under the Mi Exchange program, here is what you need to do.
1. The first and foremost thing you need to do is to logon to your Mi Exchange exchange account. That can be done on the site mi.com/in/miexchange
2. The next step is to select your smartphone from the list of supported devices offered by the company. These devices consist of 15 brands.
3. After selecting the smartphone, then you will see its evaluated price.
4. After this, you will be asked to enter the IMEI number of the smartphone.
5. Then you have to tick on the terms and conditions box and click on ‘Get exchange coupon’.
6. After this, you will receive an exchange coupon of the estimated value in you Mi account. You can now purchase any smartphone from Mi.com
The price is evaluated based on the handset’s condition and its current market price.
7. Just right after placing your order, you will then receive your time of delivery and the old smartphone will be collected at that time only.
The exchange coupon can be used to avail a discount of the same value on the purchase of any Xiaomi phone. Your exchanged phone will be verified and picked on at the time of delivery of your new Xiaomi phone.