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Just a follow up >> Mr Arrogance called me at 7:30am. Fortunately I was already awake. Who calls someone that early?
Anyway, he wants me to come to his shop today with some cash, gloves and my minivan. I'm still skeptical of what kind of $$ he is going to want. I'm going to a storage auction first (my main biz) so i might not even have any $$ left when I get there but I'll keep you all posted.
I think reality set in for him that he is hoarding too much stuff. That and I found out he is planning to move to SC by the end of year. Hmmm, I may just be better off waiting until he's really desperate![]()
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"MR. Arrogance"........I LOVE IT!!!!!
BUYING ALL COMPUTER SCRAP WORKING OR NOT
CHECK OUT MY BUYERS THREAD http://www.scrapmetalforum.com/scrap...nic-scrap.html
https://getjunk.net/Knox-County-TN-0...Recycling.html
I think you did well. This is really the sales part of the business you are getting into. It sounds like you left the door open to the possibility of doing business with him. He is a jerk with material. Is there really 15 tons?? Doubtful but you never know. Stop by from time to time and make certain you leave a business card so he knows you are really in business. Don't fret over what you need to offer on 15 tons of material, make him tell you what he wants per pd/ton.
Here is a sales technique you need to learn now. Its the one who speaks first looses. Few people can stand up to silence. So if you say to him "I need to confirm what you have before going further. What is the price you would accept on your material?" Then stand there and wait. This technique is very difficult for some. Some get very uncomfortable quickly filling the empty space giving the client an easy way to defer the question back to you.
You can practice this technique on those who you love, children, husband, wife, parents, you get what I mean.
When making a sale call practice the following:
My name is _________
My company's name is ________
We recycle computers and other similar material(make up your own explanation of your business)
The reason I am here today is _______(I used to use "to determine if we should be doing business) This is the most important point to make. It shows respect for the person you are talking and their time. You get right to the point with out doing any of the sneaky salesman tricks.
I have a few clients that I deal with now so my pricing is simple S.W.A.G. (scientific wild a$$ guess) because of my experience.
The next thing I will pass onto you is its difficult to reduce prices. Many of the members who have doing this for a while will have experienced the trouble of lower prices with long term clients. I started this business getting $4+/lb for small and large motherboards. Now I get $1.55/lb for mobo and instead of $0.12/lb for shred now I get $0.06/lb. I just had to tell one of my long time clients that I was again cutting the price and he was not happy.
Like every thing else experience and hard work will get you where you want to be. Let us know if the 15 tons ever shows up as being real. Best of luck Mike
"Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}
Now go beat the copper out of something, Miked
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Thanks Mike. That is excellent advice for anyone concerning negotiating. I have heard that before and have only tried it a couple of times.
I will do as you say and see how it goes.
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Arrogance in this business- Yep.. Mouthfulls!
Around here.. $ talks. Period!
Had a guy ask me what I'd pay for something.. Told him "I weigh and pay"
I bring a scale. Do I look like a weirdo? Maybe.. but I invested in a nice scale that is dead on the weights when I ship.. so If I buy 14.25 lbs at the buyer.. that is what I get at the seller.
A lot of people are impressed with the scale.. they know I mean business and a stack of cash to pay on the spot doesn't hurt your case either! I have landed numerous clients just on the fact they don't get jerked around for weeks or months trying to get paid. One of my biggest regulars used to sell to a guy that didn't have the cash to buy the stuff- he would ship it off or turn it where he does and then cut them a check 3 weeks later!! They were getting tired of that game but felt stuck that they had no alternative until I send a "cold call" email!
I'm so into scrapping.. When my Steel Toe Boots Wear out, I cut the Steel out of them and recycle the Toe!
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JnJ,
First...stop thinking your being so young is a weakness. Folks dig younger people who show the desire to get out there an work/earn a buck/etc. You may not get taken seriously at first, but then show your knowledge. If your confident in your sale's pitch, an yourself, you'll have no issues hitting these places or cold calling as the term goes I believe. Show any doubt in yourself, or your product which in this case is one an the same, an you've lost. This is coming from plenty of years doing the selling thing in many different environments. I did well cause I was confident in myself an my products. It's even easier now as I am my own product. So..yea, think positive an keep working hard an you'll see the results you want.
Second..Far as resale. As I mentioned in a post the other day to my fellow Cooler Pullers. Folks need to stop trying to buy based on resale. Buy at scrap price an as Mech said I believe...the rest is gravy. Don't over complicate this stuff, it's not rocket science my friends. The name of the game has never changed..it's still an always will be..Buy low, sell high. Scrap, stocks, whatever..it all boils down to that simple line.
Focus on resale down the road or once you have the time to research things an find out if their worth your time to try an resell. Nobody can answer that one but you.
On price lists, prices, help with such.. - This may come out harsh an I don't mean it to be..but you have all the info you need for making a price list right here at your fingertips. Nobody should have to send you numbers to get you started. It's as simple as looking at buyers here an their price lists an figuring out what works for you. There is plenty of info easily found to help you in this area. You want do this as a business an be a pro then, you gotta do the not so fun work like..researching your prices, making it work in your budget, etc etc.
All that said..well done for getting out there an doing an not just talking about doing it. I think you handled it well for your first cold call. I think you'll do fine on future ones.
Some tips for others not just JnJ -
1. Build relationships. If they say no, don't stop going. Keep going in. Stop by an check in, say hello, buy something(if your the type that would from that kind of store). Basically stay in touch. You never know their current buyer could screw up, quit, etc.
2. Don't take no for an answer. Them saying no, just gives you a reason to analyze how your approaching places an the ability to make changes as you need to. Keep trying. The best way to handle sales of any kind is to not be afraid of rejection.
3. Dress right. Doesn't mean a suit an tie, but even a Polo an a clean pair of jeans is better then some of the attire I see folks show up in for work, at the yard, etc. Khaki an a nice collared shirt or even a nice t shirt with your logo on it will work. Be clean an don't look like some tweeker who's wanted for stalking an molesting ducks.
4. Be confident in yourself an your service. It's one an the same in this game. If you can't sell yourself, you might be in trouble.
5. Do what you say your going to do. Don't bs your client/customer. People who don't do as they say don't get called back for future jobs.
6. Be honest, be respectful.
7. Leave your work site/whatever cleaner then when you got there, or as clean as it was before you started. Pick your **** up!
Your welcome for the novel.
An seriously..good job getting out there JnJ. Keep doing it an soon we'll be reading a thread on you landing one.
Sirscrapalot - Oops. - Words nobody wants to hear a bomb squad tech say.
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Junk you made the biggest step just approaching the shop and getting the experience , kind of like asking that pretty girl out . Sometimes it's intimidating but after a few rejections and a few sealed deals you will know what to do and what to say . Good luck you have been given some solid advice in this thread . I hope you continued success !
Buying ewaste and video games !
Well said!
I also buy by weight, at least with most of my larger more serious clients. I also invested in a nice portable scale, and many times clients are impressed by that. Since I buy by weight and sell by weight, there is no guessing. For some smaller clients that have a bunch of unsorted material, I quote one lot price for everything. I have enough experience to see in minute or so what to offer. In the end it all depends on what the client wants.
Always having enough cash in the pocket is also important. I take at least 2-3 times what I think I will need. Last time I was told by one of my clients that they have about 400 lbs of motherboards, turned out that it was closer to 800 lbs, plus they had about 80 lbs of RAM and a few other items. I didn’t have enough cash to get the RAM, had to go back the next day, fortunately they were OK with that.
Last edited by aurum; 05-28-2015 at 01:39 AM.
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I came across an IT guy like many that we speak of. I told him I would match competition in town on all scrap prices and he wanted higher prices.
Example: RAM, local price $8/lb. I said $9, nope, um (I wanted to see how high this clown wanted to go)... Um, how about $11, not even close, oh ok...how about $17...he said nice try...try $25/lb. oh, um how much you got, 7lbs and your son mentioned you used a can of air to dust them off. Let me go out to my car and get you a check...be right back...
He even took power supply apart to vacuum dust out to get better pricing. Don't forgot your white gloves to appease Mr. Arrogance!
"It's not the years, honey, it's the mileage." Indiana Jones - Raiders of the Lost Ark
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People are morons. Someone I deal with referred me to another shop. I started spiting prices. This was after it was stated hs old buyer "disappeared"! Well I explained the down turn of the market, etc. Ok start reciting prices over the phone. I said 50c lb for hard drives. Um, sir, these domt even have boards. Ok, well I really don't want them. But I can still buy them for 10c lb for dirty aluminum,. Just started opening my mouth to say large and small price, bam, I got a call, I got to go, click click, Hello??? WTF, where you go? O I was pissed. I had a half a mind to drive over there and deal with him face to face, because I don't like morons or stupid people. Amd dont like to be hung up on. But I just said to hell with it I figure in 6 months when prices sink farther, he will call back. I dont even really make money on scrap. I go, hoping there is one board I can resell. Or one piece like a dead laptop. A lot of people buy dead boards on ebay to fix them, thats where the money is. I renumber walking in a place years ago and I bought a tub of laptop boards for 4.00 lb when prices were high. Turned around and sold each one for 20 a shot with free ship for parts or repaor. Almost 4 grand in a week or less....that's what I look for. I hate scrap, BUT I LOVE RESALE! I love my sale BUZZER on pc, the cash register ringing sound effect. My buddy was picking on me when I was grooving to youtube and watching the proverbial bean counter going up. I was like wtf man, this is better than the stock market. Its like pennies falling from heaven and I haven't left my chair. Peace my brothers, hope my rant helped.
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Hey Mechanic, do you pick up for those prices or is that delivered to you? I to am having to finally start paying for e-waste and am trying to get a grasp on how to pay.
Mechanic688, Would you happen to have a sample of the "full list" you would provide customers?
I will definitely be scheduling a few visits with computer repair shops and would love to have an idea for whole unit prices!
Well not quite a store but, went to the scrap yard and offered the guy 15 cents a pound for mostly complete computers. He said he had no buyer for them so I figured what the heck. Shut Down! He said he got more for them before. I'm no genius but when shred was at 11 cents and gold at 1700 I would think he would get more too
I also buy from a scrap yard and since the huge drop in shred and ewaste prices I had to cut what I pay. When I talked to my yard owner he was not surprised and was open to me buying what he had on hand. This could change if someone else offers more but I am a long term buyer and can wait them out.
You can go back with a new offer or just go back and see if he changed his mind or counters your offer. Good luck, Mike
Is 15 cents in the ball park for you Mike, i felt like that was a fair number but maybe im low.
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I have now gone from a per piece price (3, 4, 5, a unit) to .15 a lb also. One reason was people pulling the ram and cpu/heatsink and I was still paying the full price cause the cover was all screwed down and no sign of molesting. Now if they remove items, then they have removed weight so I'll be paying less. .15 would be the max I'd pay right now.
Alright I know as it as been mentioned before that we do not like to discuss prices so much but I just did some calculating and on average I receive about 43 cents per disk drive. I put it down on my price list as 25 cents per unit.
Now I don't know about you but If I was a computer store owner and some guy offered me 25 cents a drive I'd tell him to kick rocks
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Not necessarily. Consider the situation of a shop owner. You only have a limited amount of useable space, so space is money. Now you have this huge pile of old parts that are absolutely worthless for anything only you are not allowed to toss them in the trash. You need to find a place to get rid of them so you look to find someplace to drop them when, lo and behold, someone comes in and offers you $20 for the whole pile. Easy decision I would say...
"Hey honey, don't worry about supper tonight, I am bringing home a pizza..."
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Have Fun,
Harold
I hate rules, but I love junk.
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