When it comes to buying industrial machinery and equipment, factories and manufacturers must consider several factors before making a purchase. One of the most important decisions to make is whether to buy new or used machinery. In this article, we will explore some of the pros and cons of both options and help you decide which is the best choice for your specific needs. Do You Save More with Used Machinery and Equipment? One of the main factors to consider when buying industrial machinery is cost. On the surface, it may seem like used machinery is the more cost-effective option, as it is typically priced lower than new machinery (usually 30% - 70% lower depending on the demand of the equipment). However, there are a few factors to keep in mind. Used Machinery Costs It's important to keep in mind that purchasing used machinery … [Read more...] about Buying New vs. Used Machinery and Equipment
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Sell Your Used Equipment Online Faster with these 8 Tips
Are you planning to sell machinery online, considering the market opportunities available? It's a great option but may be more complicated than you think. Selling your used equipment online can prove to be quite profitable, but it may require some expertise and selling experience. In most cases, a person or company selling equipment may only see profits if they know the right tips. We recommend following some top methods to save you from this sales slump. Several professionals in the equipment industry provide these machines for sale, which makes it harder for you to succeed as a brand. Tips for Selling Equipment Online Faster It's understandable if you need help selling your equipment online quickly. It's challenging to thrive as a new seller in the industry, but the following tips can help you make it easier. 1 - Research … [Read more...] about Sell Your Used Equipment Online Faster with these 8 Tips
Common Questions When Selling Used Machinery Online
As technology evolves, manufacturing methods improve, and older machinery needs to be removed from the manufacturing floor to make room for the newer equipment. So do you scrap those machines for around $145 per 2,000 lbs. or do you try and sell them online for a much higher price to someone that needs that machine for their production line? The purchase and sale of used industrial equipment can be complicated, time consuming and draining, therefore, to streamline the process the team at Surplus Record has engineered a world-renowned platform specifically for the purchase and sale of used industrial equipment and machinery. The following article answers commonly asked questions for effectively selling used industrial equipment/machinery and will allow your business to continue operating at its best capacity during periods of … [Read more...] about Common Questions When Selling Used Machinery Online
Manufacturing: Surviving Inflation, Supply Chain and Stock Market Woes
The Oxford English Dictionary defines survival, “as the state of continuing to live or exist, often despite difficulty or danger.” Many manufacturers in the quarters to come may find themselves in a survival state given a combination of sector dependent inflation/deflation, inventory challenges, employment woes, supply chain disruptions and declining consumer demand. And those lucky ones which do emerge partially or fully unscathed would do well to prepare for the worst even if they emerge among the best. Surviving -- let alone thriving -- in this climate will be easier said than done. And it will require looking beyond the headlines. For example, it would be easy to read a popular business newspaper, magazine, or online journal in June of this year, and believe that we were still living through unbridled economic inflation across what … [Read more...] about Manufacturing: Surviving Inflation, Supply Chain and Stock Market Woes
Top 8 Mistakes to Avoid when Selling Machinery Online
Are you facing trouble while trying to sell machinery onlinebecause you think the market is unprofitable? That's not true; selling machinery online is a great business considering it provides the vendors a chance to earn a greater profit. Companies have ever-changing schedules, and providing them with good-quality machines for the right price can bring you more clients quicker than you think. There's a long list of clients, especially in the industrial sector, that you can attract. Since selling machinery online is accessible to buyers worldwide, you have a greater chance of making more sales. Top 8 Mistakes to Avoid when Selling Machinery Online Despite the amazing potential of the online market for machinery and other equipment, you might still need help selling your machinery online. There are various reasons why you might … [Read more...] about Top 8 Mistakes to Avoid when Selling Machinery Online