Monday, May 20, 2013

Sell Electronic Parts Through an Electronic Component Distributor

Selling electronic parts can be a difficult and frustrating process, especially for manufacturers who are not as knowledgeable about the market as they would like to be. Selling can also be time consuming and involves various procedures in order to ensure that the sale goes smoothly. While some manufacturers are successful at selling their excess components themselves, others choose to hire electronic component distributors.

Distributors typically offer the services of locating and purchasing components for manufacturers, as well as testing their authenticity. However, some distributors have expanded their services to include excess inventory consignment, which allows manufacturers to put their excess components or products on the market but retain ownership of them until they are sold. This is the safest and typically the most efficient way to sell electronic parts, especially due to the rapid changes in the technology market.

Utilizing the services and knowledge of electronic component distributors helps manufacturers better understand the current market trends and get advice on which components are best to sell, keep or buy and when. Furthermore, distributors use their large network of suppliers as well as other marketing efforts in order to sell the manufacturers’ products and components. Typically, the distributor earns a percentage of the sale price for their efforts once the component is sold.

There are several distributors which offer such consignment services, however it is important to choose the right one for you. When researching your options, look at their experience, track record and affordability. It is important to entrust the selling of your excess inventory to a distributor that has at least a decade of experience in the market and has a good reputation. Additionally, their services should be affordable.

Harry Krantz Company is an exemplary electronic component distributor that has over 70 years of experience in excess inventory consignment. Their expert ability to help companies sell electronic parts streams from the large network of buyers they have worldwide as well as their continuous marketing efforts. Furthermore, their knowledge of market trends enables them to advise the companies wishing to sell on when it is best to keep, buy, or sell certain components.

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