This holiday season, if you’re looking to purchase an electronic device for anyone on your gift list, you may already be too late. Shipping delays and supply and demand disparities are making new tech more costly and even harder to find at all.
Compared to 2019, out-of-stock items have risen by 360% in just two years as the pandemic continues to affect the world in ways far beyond actual illness. In fact, 50% of consumers are already reporting that items they’re looking for are out-of-stock, and electronic devices are even more difficult to find as it’s not simply a matter of shipping delays, but also a matter of a chip shortage, which is making it difficult to keep manufacturing new devices.
This year, instead of trying to purchase all new tech items, it’s a wise idea to consider repairing and re-gifting older items. Repaired electronic devices can be fixed to like-new condition with several years of life still in them. Not only are they still great gifts, but they’re budget friendly, eco-friendly, and require no risk of shipping delays.
As retailers are expecting to run out of everything such as gaming consoles, tvs, smartphones, tablets, and laptops, repairing and re-gifting is the smartest way to ensure that you don’t meet the holidays empty-handed.
Learn more about the holiday tech shortages in the visual deep dive below: