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I have a client that has a reverse logistics business buying second hand X, testing, cleaning, repackaging and then selling X as refurbished. They have been doi
by mswen 8y ago
I have a client that has a reverse logistics business buying second hand X, testing, cleaning, repackaging and then selling X as refurbished. They have been doing this a few years and created a multi-million dollar business unit with reasonable margins.
They did a trial about 3 years ago of buying separating, sorting, cleaning, repackaging and selling LEGO bricks/parts. After about 3 months they ended the trial deciding that the economics of the process just didn't work for them at any kind of scale.
What I just described is quite different than buying new LEGO sets, leaving them unopened and storing them for a few years and then selling them with the hope that some of them have appreciated so greatly that the overall collection is worth substantially more.
- patrickk 8y agoApple products?
- Scoundreller 8y agoOn a sample of 2 tear downs, I’d say harvesting Apple products for parts is where the real money is.
- patrickk 8y agoOr refurbishing and upgrading old iPod classics: https://motherboard.vice.com/en_us/article/3daq4n/music-geeks-are-retrofitting-old-ipods-to-keep-the-perfect-mp3-player-alive https://motherboard.vice.com/en_us/article/3daq4n/music-geek... I've done this myself (listening to 5.5 gen iPod, I'd forgotten how good mp3 sounds vs Spotify), but for personal use not flipping for profit. Some refurbished iPods sell for quite a lot though.