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Ikea’s New Buy-Back Scheme

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Published on 07/05/2021

Ikea has released a new buy-back scheme in a bid to be “climate positive” by 2030.

Ikea has released a new buy-back scheme in a bid to be “climate positive” by 2030. The buy-back scheme will allow people to return pieces of furniture for resale in exchange for vouchers to spend indoors. It is currently only available for assembled pieces of furniture that have been unmodified and in good condition to resell.

The pricing structure is based on how good the product is, allowing people to get up to 50% of the original price as a voucher.

  • As new – no scratches: 50% of the original price
  • Very good – minor scratches: 40% of the original price
  • Well-used – several scratches: 30% of the original price

The buy back scheme is currently only accepting hard, predominantly flat-pack furniture, with sofas, soft goods, and items with glass currently not on the list.

As the item has to come back fully assembled which could make it difficult for people who have small cars or use public transport to fully utilise the deal. A spokesperson for Ikea stated that;

“Products can get damaged when taken apart, so we can only really accept assembled products. It maintains the security and quality of the item,” 

Ingka Group, the parent company of Ikea has pledged to invest €4bn into renewable energy in an attempt to help Ikea become fully ‘circular‘. This would mean that they eliminate waste through the continual use of their materials.

Currently the products from the buy-back scheme can be found in the ‘Bargain area”, but they are also in partnership with Gumtree to help sell second-hand products online.

You can’t just turn up with the item, as there is an online form which will provide you with a preliminary offer, and then you can take it into store to receive your voucher.

Ms Saebjornsen, a former sustainability manager for Ikea said that she was uncertain as to whether or not consumers would use the scheme. However, she did say that the trials which took place in Sydney, Edinburgh, Glasgow and Lisbon were “really successful“.

“It taught us a lot about the appetite for this and how people behave”.

Hege Saebjornsen, an environmental and sustainability expert at Ikea, told the BBC;

“I’m not saying we have all the answers, but we learned enough from the pilots to tell us that this could be something of real value to us and our customers,”

Will you be using Ikea’s new buy back scheme? Leave a comment down below!

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