3 Businesses Tips from Someone With Experience

Selling Diabetic Test Strips for Cash

As anybody who buys diabetic test strips knows, these things can be pricey. Did you also know that due to financial issues, thousands of diabetics out there couldn’t get these supplies? There are several organizations that help these folks however, and you can be part of their efforts by selling any extra unopened, unexpired test strips you may have instead of tossing them in the trash! Many diabetics are wise enough to keep these strips on hand in case they run low on their supplies, and before long find they have a few more than they actually need.

If you get boxes from time to time, you may find them starting to pile up. Maybe you are not testing as frequently as you used to. You may have switched test strip brands, and still have some of the old ones that don’t match your new meter. There are so many potential scenarios.

Is It Even Legal to Sell Test Strips?
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Definitely, provided you are their legal owner. Even if your boxes are “mail order only” or “not for resale,” you may still sell them – this only means they couldn’t be sold by a retailer. Certainly, there are some things to remember. For example, not all brands will have a high demand. Boxes provided by Medicare cannot be resold, and nobody will buy expired or damaged boxes or those with broken seals. But provided they are a reasonably popular brand, in good condition, and have no shorter than 6 months before expiring (though you may sell at half price for some brands expiring within 3 to 6 months), then your cash could be well on its way!
3 Businesses Tips from Someone With Experience

Who Purchases Secondhand Test Strips?

Dealers who purchase diabetic test strips are in business to earn money, but the final outcome is the same: somebody who needs these supplies and can’t pay for them will get them, either at a discount or for nothing. Dealers will usually accept brands they wouldn’t typically buy and then donate them to shelters, or take a portion of their profit and give it to diabetes-related charities. In most cases, they are in the business because they are diabetics themselves or have loved ones who are, which gives them a personal purpose in helping others who are facing the challenge of diabetes.

Of course, you have to get to know your dealer first and feel comfortable with them, so do shop around a little bit before picking one! Repeat business will usually make you a valued customer who will get special consideration when it comes to pricing your supplies. Again, it boils down to finding the right dealer, so be patient and do your homework.