Originally Posted by
hills
Sorry for the thread derail. I was really curious about how all of the numbers worked out with your first pallet load. It's hard to do the ewaste thing profitably here and i'm always trying to work out the best strategy. Do you know if there's a certain threshold of value per pound that you don't go below ?
Hypothetical example:
Like maybe twenty cents per lb would be too low ?
Fifty cents a pound average is a break even ?
Maybe an average value of one dollar per lb. would allow for some profit ?
Of course .... every situation would be different.
Ah yes I was going to post a thread with àll my details/profit etc from my first load but realised I hadn't seperated/kept track good enough to accurately track that. But for this second one I have And will make that thread after that's processed/paid (probably like 15days from now)
So far I just do $3/computer, $5/server
Some I get free from the trash but not many. Maybe 1-5/month.
What really is the wildcard here with these is I've been working with a guy who cleared out some storage units of a guy that ran a printer repair shop (but like, in the 90s/early 2000s).... And I have gotten a lot of telcom boards from that that are the bulk of the money from the pallets. And that I'm not buying per lb. He wrangles a few boxes of it together as he sorts through things and then I'll just shot in the dark make an offer on the lot.
If I had to make my best guess, after shipping, buying the items, packing materials, etc.... I'm probably profiting $500-1000 per pallet.
But if I also had to guess, $3/computer is likely a bit high.
It is also difficult to keep track because computer stuff goes to 5 different places....
Local yard #1 for shred/cases
Local yard #2 for wires
Local yard #3 for floppy drives, disk drive with board removed
Buyer here for mtsv parts
Buyer here for pallet
Plus with all local place runs it's all mixed in with other stuff like wire from other things that aren't computers, shred from curboco, etc. So it hard to isolate out the exact computer only price
I think I won't truely know if it's profitable until the end of the year when running final numbers. And even then it could turn out that I don't know since profits from general scrap runs + selling items outweigh/obscure the fact that the computer portion is not profitable.
Like if I see total anual profit of $20k, it could turn out that total annual profit would have been $21k had I not done the computer stuff but I wouldn't know unless I made/kept track of "computer only" scrap runs and stuff which I don't care to do at this time. I'm keeping nimbers enough to do taxes and tell overall revenue/profit/loss milage, expenses, etc but to isolate it out to a single computer cost will be hard.
What I might do. Is take one of the least paying computers I can find (no mtsv parts, small-ish) and disassemble and weigh everything from it and price out the profit/loss from that and set that as my buy number. But so far it's mostly just been by gut feeling.
Edit: in regards to price per lb on pallet on my first one i sent nothing under $0.50/lb Because that was the TOTAL cost per lb because I only got 1 quote ... IE I said I think I have around 650lb and these dimesntions what's the cost and it worked out that the shipping quote I got was like $0.40/lb.... But this time I asked for a quote at 400lb and 600lb and realised that most of the cost is like a base cost.... So like 400lbs was $220, 600lbs was $228 or something like that. So even though the total cost per lb is over some of the items it is frontloaded in the base price so toward the upper end adding weight costs very little.
So for example, I could send 400, or for $8 more send 200lbs more. Bringing the cost for THOSE 200 lbs down very low to like $0.04/lb so then I just put everything I had on.
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