March 31, 2011
Started by two friends (Bob and Rich) in a dorm room office at Yale University, the next creative eco-friendly invention is YouRenew.com. As described on their website, YouRenew is “the easiest, fastest and greenest way to turn your old electronic devices into cash.” Essentially they want to pay you to be good to the environment. Pay you to recycle your old electronic devices and keep them out of the landfills. They want to cut down waste by making “ReCommerce” the commerce of choice.On the website, you find your device, answer a few questions about its condition and then receive an offer price. If you accept the offer price to recycle your electronic device, you give your address to create a free shipping label to send the device in. You choose to be paid by check or by PayPal.
Currently, it offers nine categories of electronics that you can sell back: cell phones, mp3 players, digital cameras, calculators, laptops, gaming consoles, external hard drives, video games, and DVDs. The average offer price paid is just above $100.
