How to Sell Used Medical Equipment
Selling your used medical equipment can help you make good money, while further providing your local community with some useful supplies in a period where health costs have gone up considerably. Such practices can aid the rural population in getting some of the best medical equipment at low prices, steadying out the process of setting up small clinics.
However, selling equipment for the desired price requires careful assessment, and must be carried out by taking help from doctors, patients as well as the insurance companies.
Instructions
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1
Decide the target market for your equipment. If you are in this business, but currently don’t have the supplies, then contact the community doctors, who are willing to sell. Purchasing needs careful evaluation and whether the equipment is in demand. In most cases, you will have the supplies stocked up so do a thorough market research and figure out the profitable area. Whether you are catering to elderly or young patients is an important consideration. Don’t just buy and sell in bulk.
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2
Determine your selling avenues. Your equipment can be sold through online sites such as eBay, or simply you can advertise your goods. Sometimes, you can sell to doctors, who are running their own clinics in your community. Let all potential buyers know that you have used, yet potentially high-quality, medical equipment at your disposal. Word of mouth will have a positive effect on your sales.
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3
Apart from posting your supplies on eBay, there are specific sites which will help you sell your medical equipment. Med Marketplace is a perfect destination as it charges no commission. Other useful sites include Medused.com and Dotmed.com. Before selling, make sure there are no hidden fees involved. Carefully go through the website.
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4
Go around your local area and see if you can strike a deal with any retailer. Although you may not be getting the desired price as retail stores will be keeping some margin, the process is quick and easy.
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5
Get in touch with an insurance company and check whether you can work with them. Most insurance companies need used medical equipment in order to cover their claims, and providing them with the right supplies can lead to a constant source of income.
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6
Consider acting as a reseller for some of the medical companies. You will be able to buy in bulk and then sell it for reasonable profit. Make sure you have a separate storage room, where the equipment is stored safely.
