The down economy is providing opportunities for new and innovative businesses including Jay Brokers, an "online" pawn shop headquartered in Ball Ground, Georgia. Unlike traditional pawn shops, Jay Brokers doesn't actually have a physical storefront where customers walk-in to unload their goods. Instead, customers visit Jay Brokers' website (http://www.jaybrokers.com) to get a guaranteed offer for virtually any gadget, such as laptops, iPods, iPhones, and other high-tech items. The guaranteed offer is typically 70-80% of current fair market value with convenient payment options including PayPal and overnight check.
Owner Justin Pepple says, "The economic times are creating thriving conditions for our business, yielding a 74% increase in sales from 2007 to 2008. Businesses and consumers are seeking financial relief for a variety of reasons. Our unique offering meets that exact need--fast cash for financial relief. We are the pawn shop of the 21st century."
Jay Brokers provides a unique fair market value report to customers, calculated from successfully completed transactions on eBay. Some customers choose to sell on their own, using the fair market value from Jay Brokers as a starting point. Other customers take advantage of the guaranteed offer from Jay Brokers, avoiding the risks and hassles of selling on their own. Either way, customers receive a no obligation fair market value report and guaranteed offer, which is valid for 14 days.
In addition to the previous year's increase in sales, Pepple is also pleased with the growing sector of business customers. He says, "We've noticed an increase in interest among businesses over the last year. We get a lot of requests to buy surplus inventory from small businesses and failed start-up ventures. We get everything from laptops to individual computer hardware."
Whether a consumer or business in need of cash, Pepple is optimistic about the future of Jay Brokers, even during a down economy. Their innovative approach transforms the traditional pawn shop into a thriving business with heightened appeal for customers and businesses seeking a quick method to raise cash in exchange for assets.
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