Hello again, my friends. Over my many years working in diabetes management, I’ve learned that understanding the value of diabetic test strips can be quite a puzzle. If you’ve got a surplus of strips and you’re considering selling them, it’s crucial to know their worth. Let’s explore this topic together.
The Brand Matters
Different brands of test strips have different values on the resale market. Some brands, like Accu-Chek and OneTouch, often have a higher resale value due to their reliability and demand. Researching various online platforms where strips are sold can give you an idea of how different brands are valued.
Check the Expiry Date
Expiration dates significantly impact the value of your test strips. Test strips with longer expiration dates (at least a year out) will command higher prices. Buyers are less likely to purchase strips that are close to their expiration date or already expired. Always check the expiration date before estimating the value of your test strips.
Condition of the Box
The condition of the box plays a significant role in determining the value of your diabetic test strips. Boxes in pristine condition, still sealed and undamaged, will fetch the best prices. On the other hand, if your box is damaged or the seal is broken, its value drops significantly, and in some cases, may not be sellable at all.
Just like any commodity, the price of test strips can fluctuate based on supply and demand. High demand coupled with low supply can increase prices. Stay informed about the market demand for your particular brand of test strips. Websites that buy test strips usually update their buying prices frequently, reflecting current market conditions.
Availability of a Control Solution
Some test strip boxes come with a control solution, used to verify that the strips and the glucose meter are working correctly. Boxes that still include this control solution tend to be worth more, as this adds to the overall completeness and usability of the set.
Research and Compare Prices
Once you have all the above information, it’s time to research and compare prices. Look at various resale websites, online marketplaces, and even local listings to get an idea of what similar test strips are selling for. This will give you a ballpark figure and help you set a competitive price.
Remember, determining the value of your diabetic test strips isn’t an exact science. The market can be volatile, and prices can vary greatly. But with my guidance and your research, you should be able to get a fair idea of what your test strips are worth.
I hope this post has given you some insight into determining the value of your diabetic test strips. As always, drop any questions or comments below, and I’ll do my best to address them.
Stay healthy and wise, friends.