Strips – Getting Started & Next Steps

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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. Some patient-recipients of this benefit make use of their extra test strips to sell to interested companies, which resell them to patients who do not have health insurance or are under-insured at a price which 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. It becomes illegal when your health insurance, example is Medicaid or medicare, pays for your diabetic test strips. Market costs of diabetic test strip could range from 40 cents to over than $1.00 apiece. 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.
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Due to the easy access of securing diabetic test strips, as well as having the advantage of legally selling them, one area of consideration is the expiration date. It may be tricky to sell an expired diabetic test strip, but the truth of the matter is that the real expiration starts after six months of the indicated expiration date.
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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. Always check the kind of brand before selling the test strips because quality brands can command a good price and they sell better than the low brands. 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. Online selling of diabetic test strips are getting to be a favored option as transaction is easily accessible and immediate. Online marketing can be tricky, but if you do your research well you may find reputable companies who are in the business of buying test strips. Companies like Test Strip Partners and The Business Bureau, who are in the business of verifying and promoting business enterprises online by way of paging or posting the products and accompanying reviews of consumers, have gained confidence about searches who are looking for reputable and valid companies. From the reviews you can get a better perspective of which companies are performing well. 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.