Back Market operates a marketplace that allows consumers to purchase reconditioned electrical and electronic products, while bolttech is an international insurtech firm, and BNP Paribas Cardif specialises in creditor insurance.

This collaboration comes in response to the French government’s plan to double the device “repair bonus” in July 2023, an initiative aimed at encouraging consumers to repair their devices rather than buying new ones. The government has set a target of achieving 500,000 repairs by the end of 2023.

Seizing the opportunities in the repair sector

The training and recruitment of technicians is vital to the repair industry, which currently has a
challenge of meeting growing customer needs and reaching the government set goal of 500,000
repairs by the end of 2023. In response to this challenge Back Market has joined forces with
BNP Paribas Cardif and bolttech to launch Re.Purpose Careers, a training programme open to all
with no cost to the individual with an aim of training around 100 technicians by the end of 2023
in electronic appliance repair and reconditioning techniques. The program is offered in
conjunction with the CFA Ducretet training organization who will support the upskilling and
training of candidates.

In support of this program, Back Market, BNP Paribas Cardif and bolttech are donating €1 to the
CFA Ducretet network for every purchase of refurbished mobile device insurance, which
protects against everyday risks such as breakage, oxidation, or theft. €120,000 has been
donated to the training organization in 2022.

“The refurbished market is estimated to be worth over 80 billion dollars, and it is growing
exponentially every year. Repair professions are essential to the future, as we move away from
a linear economy, where job opportunities are set to multiply. We are very proud to be supporting
the training of the repairers of tomorrow, so that we can help our partner merchants to find more
talented people!”, said Nathanaël Berbessou, Chief Executive Officer of Back Market in
France.

“We are proud to help train people in repairing household appliances or personal devices. This
solidarity-based initiative, which is part of a virtuous approach grounded on the circular
economy, is in line with our ambition to make our offers more inclusive and accessible”, said
Baptiste Auffret, Head of Affinity Partnerships at BNP Paribas Cardif.

Jens Schaedler, Chief Executive Officer, bolttech Europe, added: “At bolttech we truly see the value of the circular economy, and so we are proud to be part of such a worthy initiative to help provide opportunities for the future talent of the repair industry. We are continually looking for ways to meet the needs of our customers and ensure accessibility for all, and this project is a great example of how we work with our partners to achieve this goal.”

Source: bolttech