Monday, December 30, 2013

How To Sell Electronic Parts

As the market evolves and new components appear on the market, you may find the need to sell your old components. If you are a manufacturer, knowing how to sell your electronic parts efficiently and profitably is imperative. Manufacturers that are able to do so maximize can maximize their profits.

In order to sell electronic parts for a profit, it is important to understand and keep up with the ever-changing market trends. One of the ways to do so is to employ an individual or a team who understand the market, can measure the value of the old components, and sell them in an efficient manner. Although some companies choose to employ in-house, it can be costly and take away from the profitability of selling components.

A more cost efficient method of selling components is to hire a reliable electronic component distributor. As a third party, distributors often make it their business to sell components for manufacturers. Because they are experts in the field and have the proper connections, they can help you sell your electronic components profitably and efficiently. In many cases, the distributor will charge a percentage of the price they sell your parts for, encouraging them to sell for a higher price and therefore, make you a bigger profit.

Overall, using a distributor is typically the best way to get the highest bid for your components. Some distributors even participate in excess inventory consignment, allowing you to have your unnecessary components on the market for sale, but retain the rights to them until they are sold. This is especially productive for manufacturers that are unsure if they want to sell certain components or what they could get for them in the current market.

Harry Krantz Company is a reputable 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.

To protect their customers’ reputation, they comply with all of the government regulations. Harry Krantz Company holds the ITAR registration and is ISO9001:2000 and AS9100:2004-01 UL certified. Additionally, they help sell finished products as well as electronic parts.    

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