Lumigrow Wants Your Business Forever- Lumigrow's Buy Back Program

FranJan

Well-Known Member
Here's an interesting email I got from Lumigrow. I don't think the numbers they're talking about make it worth it, but at least Lumigrow is trying to differentiate itself and build brand loyalty. Maybe if they tried lowering their prices that would help too :).

[h=2]LumiGrow Rolls Out Buy Back Program to Enable Growers to “Future Proof” Their LED Lighting Investment[/h] Novato, CA, June 5, 2012 – LumiGrow, Inc. ([url]www.lumigrow.com)[/URL], the market and technology leader in smart horticultural lighting, today announced the industry’s first ever Equipment Buy Back program to help commercial growers embrace LED lighting technology with greater confidence. The new program is intended for growers who prefer to remain at the cutting edge of lighting technology.

Starting this month, growers have the option to participate in the Equipment Buy Back program for a 10 percent premium over their LumiGrow solution purchase price. Growers may choose to upgrade their lighting systems anytime between 24 and 84 months following the purchase date.

Growers know upfront exactly what their lights in good condition will be worth when they’re ready to upgrade. A credit of as much as 35 percent of the original purchase price, based on a published schedule of ownership duration, will be automatically applied toward the grower’s next LumiGrow lighting purchase.

“We call this program ‘future-proofing’ because our customers now gain more confidence that they’re buying into LED technology at exactly the right time,” said LumiGrow CEO Kevin Wells. He added, “There’s no longer any reason for a grower to remain on the fence.”

LumiGrow will resell retrofit fixtures through both direct and retail channel sales. Any fixtures that cannot be resold will be responsibly recycled. RoHS-compliant LumiGrow products are mercury-free and 90 percent recyclable, unlike conventional lighting fixtures which must be treated as hazardous waste.

For more information about the Equipment Buy Back program, contact LumiGrow at (800) 514-0487 or visit www.lumigrow.com/services/buy-back/.

[h=2]About LumiGrow[/h] LumiGrow, Inc., the leader in smart horticultural lighting, enables commercial growers and agribusinesses to reduce energy costs, achieve operational efficiencies and improve crop yield. LumiGrow offers a range of third-party proven solutions for use in greenhouses, controlled environment agriculture and scientific research chambers. LumiGrow solutions are eligible for energy efficiency subsidies from Pacific Gas & Electric, Puget Sound Energy and other utilities. The Company’s 1,000+ installations include three of the top five global agribusinesses, leading produce and flower growers, Top 100 garden centers, more than 75 universities and the USDA. Headquartered in Novato, California, LumiGrow is privately owned and operated.

For more information, call (800) 514-0487 or visit www.lumigrow.com »
 

711grower

Active Member
i like the phrase " as much as 35 % of the original purchase price " . i would like to think you could sell it on your own for more then that.
 

FranJan

Well-Known Member
i like the phrase " as much as 35 % of the original purchase price " . i would like to think you could sell it on your own for more then that.
LOL and you pay 10% extra for that privilege. The exec who came up with this must of been hired from Gamestop :).
 
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