August 18, 2014

Gazelle Launches Extended Price Lock

BOSTON, MA--(Marketwired - Aug 18, 2014) - While we prepare for the latest iPhone to hit stores, Gazelle, the leading trade-in site for consumer electronics, today announced it has once again extended its industry-leading price lock from 30 days to more than 50 days. You can lock in pre-event pricing between now and September 9 but hold onto your current phone until after you receive your new i...

BOSTON, MA--(Marketwired - Aug 18, 2014) - While we prepare for the latest iPhone to hit stores, Gazelle, the leading trade-in site for consumer electronics, today announced it has once again extended its industry-leading price lock from 30 days to more than 50 days. You can lock in pre-event pricing between now and September 9 but hold onto your current phone until after you receive your new iPhone.

"Trade-in values typically drop 20 percent in the 60 days around the introduction of a new model," said Alyssa Voorhis, Gazelle's senior technology analyst. "We give consumers a no-strings-attached option to trade in their old device for cash and plenty of time to upgrade."

In addition to the extended price lock, for a limited time, Gazelle is offering a special promotion for customers looking to trade in an iPhone 5S. To help those early adopters upgrade to the latest iPhone, we're now offering up to $350 for iPhone 5S*. This offer is also designed to help those who are not eligible for a subsidized upgrade from their carrier. Prices tend to drop precipitously around the release of a new model, so lock in your price early to get the best deal.

We've designed our trade-in process to be as easy and convenient as possible; there's no waiting in line, no up-selling and you have complete control over the entire process from the comfort of your home. Because we also know how important security is, we completely wipe the personal data on your phone by returning it to its original factory settings.

The extended price lock runs through September 9, the expected announcement day for the iPhone 6. If you complete the offer process on Gazelle.com before then, you don't need to send in your phone until October 10.

Visit www.gazelle.com to get started.

*"Up to" price based on Gazelle's offer price for a perfect condition, unlocked iPhone 5S as of August 18 2014.

About GazelleGazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their previously used devices. Gazelle reduces the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $175 million and accepted more than 2 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners and Physic Ventures.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple. 

CONTACT INFORMATION

Contact:Jenelle Tortorella for Gazelle617.945.1915gazelle [at] launchsquad [dot] com
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May 28, 2014

Gazelle Accepts 2 Millionth Device, Hits 1 Millionth Customer Mark

BOSTON, MASS AND TEL AVIV, ISRAEL -- May 28, 2014 -- Gazelle, Inc., the nation's leading consumer electronics trade-in site, announced today it has achieved a series of key milestones, including accepting its 2 millionth device and serving its 1 millionth customer. With this news, Gazelle solidifies its position as the preferred online reCommerce service in the United States. These milestones i...

BOSTON, MASS AND TEL AVIV, ISRAEL -- May 28, 2014 -- Gazelle, Inc., the nation's leading consumer electronics trade-in site, announced today it has achieved a series of key milestones, including accepting its 2 millionth device and serving its 1 millionth customer. With this news, Gazelle solidifies its position as the preferred online reCommerce service in the United States. These milestones illustrate Gazelle’s industry-leading service and commitment to extending the lifecycle of devices. 

Israel Ganot, CEO of Gazelle, made today’s announcements at the U.S - Israel CONNECTED Summit in Tel Aviv, Israel. Ganot is participating in an innovation mission with Massachusetts Governor Deval L. Patrick and The New England-Israel Business Council (NEIBC). The prestigious group is comprised of over 100 leaders from a wide cross section of industries, including IT, healthcare, energy and water technology, cyber security, academia, financial services and life sciences. NEIBC’s leaders are focused on increasing economic development in Israel and New England.

Since launching in 2008, Gazelle has seen tremendous growth in the number of devices traded-in year-over-year, as more consumers become aware of the opportunity to earn cash for extending the lifecycle of their devices. To date, Gazelle has paid out more than $170 million to customers looking to trade-in their unwanted or broken devices. Gazelle’s reputation as the leading trade-in service enabled the company to achieve revenues of more than $100 million in 2013.

“Reaching this momentous set of milestones is an incredible achievement for the entire Gazelle team,” said Israel Ganot, Gazelle’s CEO and co-founder. “When we founded the company, we believed in extending the lifecycle of consumer electronic devices and rewarding our customers for their smart consumption. Those values still drive us today and it’s been phenomenal to see society embrace the idea of reCommerce. With more consumers participating in reCommerce each year, we’re excited to continue this journey.”

The reCommerce market has seen rapid adoption over the past two years. A Hanover Research study completed in February 2014 finds 36 percent of Americans have traded-in a smartphone online. Previous Gazelle surveys showed reCommerce penetration at 23 percent in June 2013 and just 6 percent in May 2012. Gartner Research expects the U.S. reCommerce market for high-end consumer electronics to reach $14 billion by 2017.

Gazelle’s growth is largely driven by Apple devices and Android smartphone trade-ins. Recently, Gazelle saw incredible growth in the number of Android devices traded-in, with Samsung trades increasing 209 percent since the launch of the Galaxy SIII in 2012. The average customer has received $180 from Gazelle.

For more information on trading in your old devices, visit www.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $170 million and accepted more than 2 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

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Gazelle is a trademark of Gazelle, Inc., registered in the U.S.  

Contact:

Angela Giovanello or Jenelle Tortorella for Gazelle

617.945.1915

gazelle [at] launchsquad [dot] com

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February 14, 2014

College Kids Not Only Break the Bank But Also Break Their Phones

BOSTON, Mass. – February 14, 2014 – Have you ever suffered the horrible sinking feeling in your stomach when your phone flies out of your hand and splashes into the toilet or smashes to pieces on the ground? You’re not alone. Today, Gazelle, the leading consumer electronics trade-in site, announced its annual Klutziest Places in America list. The list is compiled based on the percentage of brok...

BOSTON, Mass. – February 14, 2014 – Have you ever suffered the horrible sinking feeling in your stomach when your phone flies out of your hand and splashes into the toilet or smashes to pieces on the ground? You’re not alone. Today, Gazelle, the leading consumer electronics trade-in site, announced its annual Klutziest Places in America list. The list is compiled based on the percentage of broken devices Gazelle received from various regions throughout the country. This year’s Klutziest City is College Station, Texas.

“When you look at the data, it’s not terribly surprising that the majority of places in the top 10 Klutziest Cities list are college towns,” said Anthony Scarsella, chief gadget officer at Gazelle. “Also, since most broken phones we receive are water damaged, it’s interesting to note that half of our top 10 cities are on the coast.”

Here’s a look at this year’s Klutziest Cities compared to last year’s.

2013 Klutziest Cities (Rank, City, % Broken)

  1. College Station, TX     37%
  2. Tempe, AZ     32%
  3. Wilmington, NC     32%
  4. Shreveport, LA     31%
  5. Charleston, SC     31%
  6. Gainesville, FL     30%
  7. Pensacola, FL     30%
  8. Fayetteville, NC     30%
  9. New Orleans, LA     29%
  10. Lubbock, TX    29%

 

 

2012 Klutziest Cities (Rank, City, % Broken)

 

  1. Tallahasse, FL     21%
  2. New Orleans, LA     21%
  3. Bakersfield, CA     21%
  4. Bronx, NY     20%
  5. Virginia Beach, VA     19%
  6. Oklahoma City, OK     19%
  7. Memphis, TN     19%
  8. Baton Rouge, LA     18%
  9. Staten Island, NY     18%
  10. Boston, MA    18%

 

Notable findings on Gazelle’s Klutziest Cities include:

  • Six of the top 10 Klutziest Cities are college towns, with Texas A&M University (College Station, TX), Arizona State University (Tempe, AZ), University of North Carolina-Wilmington (Wilmington, NC), University of Florida (Gainesville, FL), Tulane University (New Orleans, LA) and Texas Tech (Lubbock, TX) all appearing on the list.
  • New Orleans is the only city to carry over from last year’s top 10. While the city technically dropped its position from second to ninth between 2012 and 2013, the overall percentage of broken devices from New Orleans increased.
  • iPhones, especially older iPhones, like the iPhone 3GS and the iPhone 4, were the broken phones most frequently traded-in.
  • The Samsung Galaxy S4 was the most traded-in non-iPhone cell phone, with more than a quarter (26 percent) of Galaxy S4 trade-ins described as broken.
  • Between 2012 and 2013, Gazelle saw a 180 percent year-over-year increase in the number of broken devices traded-in.
  • Also worth noting, July is the klutziest time of year, with broken phones comprising more than one-third of all phones traded-in during that month.

 

“Gazelle is dedicated to extending the lifecycle of devices while giving consumers cash for those unwanted items, even if they’re broken. This is particularly helpful for college students, who are often cash-strapped and could use the extra $100 or more,” added Scarsella.

Gazelle also announced the launch of its annual broken contest, inviting people to share their broken stories, for the chance to win $500. To enter the contest, and to read the rules and guidelines, visit http://ngx.me/aHwfk0.

Have a broken device at home? Check to see what your broken device can get you at www.gazelle.com.

 

About Gazelle

Gazelle (www.gazelle.com) is the nation’s leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $150 million and accepted more than 1.5 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

 

Contact Information

Kristin Allaben for Gazelle

617-945-1915

gazelle@launchsquad.com

 

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January 09, 2014

Gazelle Announces Expanded Partnership with Recipero

  Gazelle, the leading consumer electronic trade-in site, today announced an expanded partnership with Recipero by entering into the CheckMEND Charter. The Charter was designed as a means of establishing an industry-led set of best practices to prevent trade activities of stolen consumer electronics. In addition to protecting consumers and helping to avoid confusion and frustration, Charter par...

 

Gazelle, the leading consumer electronic trade-in site, today announced an expanded partnership with Recipero by entering into the CheckMEND Charter. The Charter was designed as a means of establishing an industry-led set of best practices to prevent trade activities of stolen consumer electronics. In addition to protecting consumers and helping to avoid confusion and frustration, Charter participants pledge to actively help law enforcement agencies combat theft and fraud related to consumer electronics.

“When we first entered into a partnership with Recipero to leverage the CheckMEND tool, our goal was quite simple: to prevent thieves from benefiting from stolen consumer electronics,” said Israel Ganot, CEO, Gazelle. “The new CheckMEND Charter takes this a step further, not only ensuring that Gazelle will never pay a consumer for a device that has been reported as lost or stolen, but to also ensure law enforcement agencies can more effectively combat consumer electronic device theft. We take security very seriously at Gazelle; we were the first consumer electronics trade-in site to deploy CheckMEND and our activity with the Charter further emphasizes our dedication to our customers and consumers at large. We look forward to ways Charter members can work together to continue to keep consumers safe.”

CheckMEND is a cutting-edge analytics tool used to more accurately detect potentially lost and stolen consumer electronics. The database is the most complete listing of devices available, comprised of data from major wireless carriers and law enforcement entities across the country and globally.  

 

A full list of all requirements for Charter members is available online at http://www.checkmend.com/us/charter.  

 

For more information on Gazelle and its participation in the CheckMEND Charter, visit the Gazelle website.

 

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $100 million and accepted more than 1.5 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

About Recipero

Recipero (www.recipero.com) is trusted by thousands of clients and data providers to securely aggregate, analyze and interrogate data. Forming part of millions decision making processes and transactions every month, Recipero’s device-led data and analytics solutions are provided online, in real-time, and are used globally by law enforcement, wireless carriers, insurers, recyclers, retailers and consumers. 

 

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Gazelle is a trademark of Gazelle, Inc., registered in the U.S.  

Contact:

Kristin Allaben for Gazelle

617-945-1915

gazelle@launchsquad.com

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September 24, 2013

Gazelle Appoints SVP Corporate Strategy and Business Development

Gazelle Appoints SVP Corporate Strategy and Business Development BOSTON, Mass. – September 24, 2013 -- Gazelle, Inc., the nation’s leading consumer electronics trade-in site, today announced the appointment of Roger Neal as senior vice president of corporate strategy and business development. In this newly created position, Neal will report to CEO Israel Ganot and will be responsible for the de...

Gazelle Appoints SVP Corporate Strategy and Business Development

BOSTON, Mass. – September 24, 2013 -- Gazelle, Inc., the nation’s leading consumer electronics trade-in site, today announced the appointment of Roger Neal as senior vice president of corporate strategy and business development. In this newly created position, Neal will report to CEO Israel Ganot and will be responsible for the development of corporate strategy and for the identification and development of strategic partnerships throughout the reCommerce eco-system. Neal will also be responsible for expanding the company’s global wholesale distribution network.  

“Roger rounds out our executive team perfectly with his depth of international experience with strategic partnerships at leading consumer Internet brands,” said Israel Ganot, CEO and co-founder of Gazelle.  “He joins us at an important time as we’re escalating our growth and pondering market expansion.”

Neal joins Gazelle from NYC Media Lab, an economic development organization that connects universities' technology and data researchers with innovative companies, where Neal worked with companies such as AT&T, Verizon, Time Warner Cable, Hearst, ESPN and HBO.  Prior to NYC Media Lab, Roger was the senior vice president & general manager, digital for BusinessWeek, director of strategic partnerships for eBay, and a partner at a private equity backed firm specializing in acquisitions of Internet companies. Roger began his corporate career at America Online and helped launch AOL Japan.

Neal earned an M.B.A. in Marketing and Finance from Columbia University and a B.A. in Economics from the University of California at Los Angeles.  He was born and raised in Silicon Valley.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $100 million and accepted more than 1.5 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S.

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Contact:

Kristin Allaben for Gazelle

617-945-1915

 

gazelle@launchsquad.com

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