How To Resell Your Diabetic Test Strips
If you are wide reader of health and fitness, you know how crucial the tests are in the world of diabetes since it involves sugar level. However, 20 years after the invention of home and manual testing, the costs remain high and the fact that people need to test their blood sugar levels cheaply has driven people to search for the bargains on any electronic merchants and sellers. By eliminating competitors, there are four medical companies that are currently dominating about 90% of the market. This is exactly the reason why the price stays high. These firms are in the game in making enough money and since the profit on the test strips is very high, it shows opportunity for a windfall profit.
On the other side of the coin, the increasing number of diabetics, identified by the increased medical screening, will generate higher demand for all the glucose strips which means more people shelling out more money in inflated prices. The patient who have no medical insurance would definitely suffer from paying high. They become torn between the though of needing to test and the need to save money. As you can see, a diabetic person needs to test without a concern for the price since health should always comes first.
How to lower the cost
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What is highly desirable is to lower the cost of diabetic test strips. New companies are showing up that have lowered the cost of testing to about 60 cents in every diabetic test strip but that value is still steep.
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One way of lowering the cost is to look for sellers who resell diabetic test strips. If you have an existing glucose test strips, you should resell your diabetic test strips at a lower cost so that you will profit other than having a stagnant money, at the same time help people. Typically, the diabetic test strips would go for at least 50 percent less than the retail price which can deliver to reduce your cost as low as 25 – 30 cents depends upon the model and brand of blood sugar monitor you are using. Since it includes markdown of prices, online resellers has proven to be effective to most people. However, the buyers are urge to be cautious and do their research on the products before committing to anything. Before reselling your diabetic test strips, there are some things to be wary for your own and the buyer’s safety.
Your aims should be helping people achieve their medical remedies. If you have a good reputation, the buyers would be very happy. Counterfeit or defect diabetic test strips is damaging to the health of one’s patient..