Any frugal businessman with a commanding twirly mustache or businesswoman with powerfully sharp but elegant eyebrows knows that buying refurbished is the way to go (as we saw in our previous post). One of the many benefits outlined therein was that of purchasing an item that technically has yet to be used. Yes, that’s right: you can buy “new” items at “used” prices.
Today we’re going to talk about the term “end-of-life” and what it means for the IT hardware industry and its consumers. Firstly, what is an end-of-life product? Sounds bad…
“End-of-life” (EOL) denotes that an item will cease to be marketed, produced or sold by a vendor. There are many reasons why an item may be handed an EOL announcement; marketing demands may change, and there are constant innovations and advancements in the technological realm. When an item is given an EOL date, consumers can expect support and spare parts to be limited for that particular product, before it is eventually phased out altogether by the manufacturer. That sounds terrible, you may say–au contraire, mon frère, this is rather glorious news.
When an item is given an EOL date, prices for that unit plummet in the best way possible. And by choosing planIT Hardware as your network hardware reseller, you’re already getting your equipment at 60-90% of what the list price is. The downside of all this is that while unit prices decrease dramatically, the cost of manufacturing spare parts for said unit increases–so a power supply for an EOL Cisco Nexus switch could be more expensive than it once was. Now, for the good news (isn’t it always better to get the bad first?): if you find a spare part on planIT Hardware, it’s going to cost far less, and that price increase from the manufacturer is going to feel inconsequential at best.
The smartest thing about getting an EOL product from a reseller like planIT Hardware is that we will offer you a warranty and support. Even in the unfortunate event that your hardware is not performing optimally a few years from now, and it’s past your 1-year warranty (for end users) or 90-day warranty (for resellers) with planIT Hardware, there’s no need to kick yourself over not buying a new product! You could still buy another end of life item from us and still not have paid the price you would have for one unit at list price.
So it may be the end of the line for that Cisco 2950 as far as the manufacturer is concerned, but as far as we’re concerned, it’s a whole new, affordable beginning for your home or business network.