Ever since electronics became a must-have in every home, the inevitable disposal of these electronics has been a highly-discussed topic. Some people keep their electronics once they are replaced, maybe using them for parts or saving them for nostalgic-reasons. Others simply throw the old electronics away, which is, in fact, no longer allowed in many towns. Still others trade in their old electronics for a discount or simply to dispose of them without the hassle. Many people recycle the electronics via stores who offer this service or even township recycling events. However, people who wish to get the most from their used electronics, are now discovering electronic waste auctions, which is a wonderful way to rid your home of your old electronics and get some money back as well.

How It Works

E-waste auctions often work like any other internet auction. People choose a website that specializes in these types of auctions, like escrapauctions.com, and create an account. As a member, you have the option to buy or sell e-waste. If you are choosing to sell, you can then choose to sell publicly or through a BIN auction. A BIN auction is for larger quantities, such as business vendors. You must select a category, provide a title, write a detailed description of what you are selling, and upload a picture. Next, set your minimum bid and shipping rates and share your auction. It’s really a simple process and one that benefits you by putting the money back in your pocket.

Benefits for the Buyer

The benefits for the buyer are wonderful where this type of auction is concerned. A buyer, especially one who builds computers for their own use or as part of a business model, will be able to purchase electronic parts at a fraction of the retail cost. Buyers may even be able to find an entire computer or piece of hardware for either their own use or for parts at a reduced price. While auctions can become a bit cumbersome and time-consuming, when trying to win and being outbid, the financial benefits certainly outweigh any negative ones which may be associated with the process.

Benefits for the Seller

As for sellers, the benefits are twofold. In some situations, a person is simply looking to sell their old electronics. They are able to do so and recoup a small portion of the original money they spent on the device. More importantly, they no longer have to worry about how, where, and when to recycle the equipment, taking an awkward task off of their plate. If the sellers are bulk sellers and utilizing this type of auction as a business tool, they are able to reach a wide range of people searching for their products without spending an arm and a leg. This is a wonderful option for small businesses who do not have the capital for large marketing campaigns. It is also a wonderful way for electronic recyclers, who sell parts they recycle as part of the back end of the company, to supplement the money they make from the townships for recycling.

If you want to know more about e-waste auctions, visit our website at escrapauctions.com and let your old electronics earn money for you.