Revitalising Your IT: The Power of IT Asset Remarketing Services and Its Benefits for Your Company

Revitalising Your IT: The Power of IT Asset Remarketing Services and Its Benefits for Your Company

By Sharanya Mohan

March 23, 2023


IT asset remarketing services can help you optimize the potential of your IT assets and grow your business. Discover how remarketing IT assets can reduce costs, benefit the environment, and improve compliance. Learn the best methods for finding and choosing the ideal remarketing partner for your company, as well as how to maximise the remarketing process.

IT asset remarketing services can assist businesses in realising the full potential of their IT assets and expanding their customer base.

Introduction 

Companies are constantly looking for ways to cut costs and boost efficiency in today's fast-paced business environment. Utilising IT asset remarketing services is a practical means of achieving these objectives. IT asset remarketing services can assist businesses in realising the full potential of their IT assets and expanding their customer base.

Despite wanting to sell their used IT equipment, many businesses may not know where to begin. If you want to sell IT equipment on your own, there may be a lot of red tapes to get through. How do you get a fair price and guarantee the security of your data?

In this article, we will provide an in-depth examination of the benefits and best practices of IT Asset remarketing services for companies.

I. What is IT Asset Remarketing

IT asset remarketing refers to the process of reselling or repurposing used IT equipment, such as computers, servers, and networking equipment, to other companies or organisations. The remarketing process can include a wide range of activities, such as quality auditing, data destruction, equipment refurbishment, remarketing, and recycling.

The process of IT asset remarketing typically involves several key steps to ensure that the equipment is in good working condition and that the data has been properly wiped out before it is resold or repurposed. The process generally begins with a thorough inspection of the equipment, including a quality audit to check for any defects or issues. 

Once the equipment has been inspected, it is then prepared for remarketing by wiping the data, which may include physically destroying the hard drive or using specialised software to overwrite the data. After the data has been wiped, the equipment is then inspected for a final quality check to ensure that it is in good working condition and ready for remarketing. This may include repairing or refurbishing the equipment as needed. Once the equipment has passed the final quality check, it is then prepared for shipping or delivery to the new owner.

II. Benefits of IT Asset Remarketing Services for Companies

One of the most significant benefits is the economic advantage it can provide to companies. By remarketing IT assets, companies can generate additional revenue and save money by reducing the need to purchase new equipment. Additionally, it can help companies reduce the environmental impact left by their IT equipment

Another benefit of remarketing is that it can help companies comply with various legal and regulatory requirements. For example, IT asset remarketing companies may offer data wiping and data destruction services that can help companies comply with data privacy regulations

Additionally, remarketing old assets can also help companies comply with environmental regulations by properly disposing of e-waste.

IT asset remarketing companies may offer data wiping and data destruction services that can help companies comply with data privacy regulations

III. How Should Companies Approach IT Asset Remarketing?

To get the most out of remarketing services, companies should approach the process with a strategic plan. This may include creating an IT asset management strategy, determining which assets can be resold, selecting an IT asset remarketing partner, and putting best practices for data security and compliance into action.

Important Factors for the Resale Value of Your IT Assets

The following four factors determine how much you will get back for your hardware: Initial market value, age, rate of depreciation and demand in the chosen secondary market IT. As a general rule, depreciating assets depreciate much more quickly than other types. It is for this reason that many companies overlook it. 

The importance of doing quality auditing in the early stages of IT asset remarketing services is crucial for ensuring that the equipment is in good working condition and that the data has been properly wiped. This process can also help companies identify equipment that may need to be repaired or refurbished before it is remarketed. 

White Glove Service 

White glove service is an important aspect of IT asset remarketing services, it refers to the process of providing a comprehensive solution for IT asset management, including data wiping, data destruction, equipment refurbishment, and logistics. This service is designed to provide companies with a complete solution for IT asset management that can help them comply with various legal and regulatory requirements.

Unlike traditional shipping and trucking, which often involve packaging products at a loading dock and loading them onto a truck using a forklift, white glove service is used for products that cannot be easily transported using these methods. This service is particularly useful when products are not packaged, located in an office environment, or require special handling.

In addition to transportation, White glove service may also include inventory management, barcode scanning, special packaging, and personalised attention to the customer's site. This service is designed to be tailored to the unique needs of each project, making it an ideal solution for many businesses. In the IT Asset Disposition (ITAD) industry, white glove service can be a critical component of getting the job done successfully.

Security Measures

Security measures are also critical when it comes to IT asset remarketing services, particularly when it comes to protecting sensitive information and data privacy. Companies should take security measures before an asset is remarketed, such as data wiping and data destruction services.

At SPW, we meticulously record and document the disposition at each step and make those records readily available to you. Data security should be the top priority from start to finish, and we make certain that sensitive information does not fall into the wrong hands. 

Our asset recovery takes a multi-stage approach, a proven process to IT asset remarketing: Transportation partners collect and securely ship your devices to one of our processing facilities. Upon arrival, we audit and inspect the items for potential remarketing value, taking into account the cost of data erasure, repairs, and other tasks. Remarketable assets are sold through our active business and consumer channels. Anything that can’t be resold is securely dismantled and recycled according to material-specific standards and waste disposal regulations.

At SPW, we meticulously record and document the disposition at each step and make those records readily available to you.

Conclusion

Asset remarketing can provide companies with significant economic, environmental, and compliance benefits. Companies should work with a reputable remarketing partner that offers quality auditing, white-glove service, and strict security protocols.

As the industry leader in IT asset remarketing, SPW relies on proprietary processes, procedures, and safeguards to increase the value that our customers receive from their retired and obsolete equipment.

We Have Your Back

Our secure IT asset disposal services provides the dependable solution you need for your e-waste and end-of-life asset needs. Our team applies safe and sustainable steps that are regulatory-compliant at every stage of the process.

From the point of collection, auditing, shredding and/or wiping to remarketing and/or donating your IT assets, you can be sure with our end-to-end services that we take your security seriously.

Secure Goods in Transit

We have coverage against the loss of or damage to your goods during transportation. This includes marine cargo shipment from the ports to the warehouses

Protected Chain of Custody

Our professional team of asset removers ensure your devices are packed safely into our vehicles which are also equipped with GPS-tracking systems. We have armed our warehouses with fingerprint-only access complete with security alarms and 24/7 CCTVs in place

International Footprint

Our reach spans across the globe through our networks of partners and vendors. Wherever your business is based, you can leverage our worldwide network and we would be happy to assist you throughout your ITAD journey


SPW is Asia's go-to solutions provider for data destruction, data erasure, IT asset remarketing, and environmentally-responsible IT asset disposals. Contact us and learn how you can incorporate an ITAD strategy into your business today. 

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