What is IT Remarketing and How Can It Help My Business?

Apr 6, 2021

What is IT asset remarketing and how can impact your business?

IT Asset Remarketing

IT asset (or IT equipment) remarketing takes electronic devices you no longer need or use, such as computers, tablets or other valuable electronics, and sells them to buyers interested in used electronic equipment. If you’re working with a vendor who offers remarketing services, you may be able to get a “share” of the sales or a credit back if your equipment is able to be resold.

IT assets that are commonly remarketed include computers, hard drives, copiers, and servers. Other electronics that may be remarketed include telecom equipment, medical equipment, and consumer electronics. Remarketing assets undergo a full and thorough sanitation process to ensure that hard drive data and other hidden storage media is completely erased.

The remarketing process typically begins when ITAD technicians assess the resale potential of a device based on its age, functionality, appearance, and overall condition. Reusable electronics are wiped of all data, tested to ensure complete erasure and functionality, then they are cleaned, refurbished, and resold.

If you’re using a certified resale partner, all electronic assets that get resold are inventoried and tracked. Most vendors also provide complete and comprehensive audit reports to support compliance needs you may have in regards to data privacy. This ensures you have proof of sanitization if you are ever audited.

ITAD, Refurbishment, & You

To refurbish means to replace worn components and check parts that are integral to machine functionality. The goal is to bring the asset back to a high functioning and near-original aesthetic quality standards.

Depending on the nature and size of your business, remarketing can be an important part of your IT asset disposition program (ITAD).  With an emphasis on reuse through resale, your organization benefits from the most sustainable solution for the refurbishment, resale, and redeployment of your valued IT assets. This also maximizes the value of your asset inventory.

Total Cost of Ownership (TCO)

In the end, the goal is to further the bottom line. How can this be established?

One way to assess IT costs is with total cost of ownership (TCO). TCO is a comprehensive tool that takes into account both hardware management and end-user expenses over time. You can optimize TCO when you take advantage of remarketing or credit share programs with your used IT equipment and gain money back from your IT assets.

Contact Us for IT Remarketing and Resale Services Today

SEAM brings the experience, resources, and an established resale platform for your remarketing needs. Reach out today to learn more about SEAM’s remarketing, refurbishing, and reuse programs in Sioux Falls, South Dakota, and nearby communities. Customers can also acquire refurbished equipment from Bargain Bytes, our online retail platform.

SEAM provides IT recycling and data destruction services including onsite shredding and hard drive wiping to South Dakota, North Dakota, Minnesota, Iowa, and Nebraska.

Schedule a pickup or contact us for more information.