Lessons Learned from Years with Sales

Ways to Sell Diabetic Test Strips Generally, in the US, patients with diabetes receive test strips for free or, if not, get high discounts on it through their health insurance. With this set up, patients can turn entrepreneurial by selling their excess test strips to companies, which will in turn resell them to uninsured or under-insured patients at a price that is lower than the retail price in the market. The most surprising thing about doing business on either selling directly or reselling diabetic test strips is that it is a 100% legal transaction and even online. When your health insurance like Medicaid or Medicare pays for your diabetic supplies, then it is illegal to sell these supplies. Price cost of diabetic test strips could vary from 40 cents to $1.00 per piece. Establishing a price cost for the diabetic test strips will factor in the following levels of their participation and use – kind of enzymes, kind of precious metals, chemicals, the test strip materials, manufacturing cost in designing and processing, and that’s why the prices vary.
The Art of Mastering Strips
In selling diabetic test strips, you should always check on the expiration date. Selling expired diabetic test strips may be difficult to do but you can explain the related facts on it, like the vial where the strips are contained are sealed and that the true expiration date is still 6 months after the indicated expiry date, then you’ll still have a chance of getting them sold.
What No One Knows About Tests
Because of the growing population of diabetics, the supply of free diabetic test strips has fueled a growing black market. In view of this, a FDA permit is required by the US government to the potential retailers. Before selling the boxes of diabetic test strips, check first the brand because a good brand can demand more cash and sell better. Longer expiry dates can also command better chances for a quick sale. For as long as your boxes of test strips are well-sealed, no tears or dents, then selling them will be as fast as possible. Selling these test strips online is the easiest and most accessible rather than commuting to a nearby hospital or clinic and peddling your goods. When you try online, do a thorough research first for reputable companies who buy test strips. There are two entities which page reviews from consumers who have tried brands and products of business companies and they are the Test Strip Partners and The Business Bureau. You can have a better idea of which companies are performing well from the reviews. As soon as you get hold of the potential online companies, check further on their customer service, their manner of transaction and payment, and their kind of communication flow.