Back Market partners to capture upstream value

Diving deeper into

Back Market

Company Report
Strategic partnerships with carriers like Verizon's Visible and OEMs like Sony for exclusive refurbishment rights are creating new revenue streams beyond core marketplace fees.
Analyzed 7 sources

These partnerships push Back Market upstream from being just a storefront for refurbished devices into controlling where used inventory enters the system and how it gets monetized. The Sony and Visible deals show two different plays. Sony helps Back Market capture devices at trade in and earn revenue from operating the intake flow. Visible turns a phone sale into a telecom lead generation channel, where each handset can also carry a mobile plan offer and revenue share beyond the normal marketplace take rate.

  • The Sony relationship is not just better supply. Back Market runs trade in programs tied to PlayStation purchases, which means it can collect used consoles directly from consumers at the moment they are buying new hardware. That gives it earlier access to inventory before those devices scatter across brokers and secondary resellers.
  • The Visible partnership layers carrier economics onto device commerce. Verizon said in September 2024 that every smartphone purchased on Back Market would include access to an exclusive Visible plan offer. On current product pages, that offer is attached directly to specific Verizon locked phones, turning a refurbished sale into a recurring telecom customer acquisition funnel.
  • This matters because Back Market is still mostly a marketplace business today. Revenue is driven primarily by seller commissions, buyer fees, and add on services, while rivals like Swappie own inventory and keep the full resale price. Partnerships let Back Market raise revenue per order without taking on Swappie style refurbishment risk.

The next step is a deeper role inside OEM and carrier trade in flows, where Back Market powers intake, grading, resale, and service attach in one path. If that expands, the company looks less like a simple refurbished marketplace and more like the operating layer that helps brands and carriers turn old devices into recurring resale and subscription revenue.