GameStop is now accepting trade-ins for your used iPod, iPhone, and iPad devices, and there's only one logical explanation as to why. The used game dealer is planning to sell these gadgets, and according to one media outlet, GameStop announced as much recently at an annual trade show in Las Vegas.
Have an old Nintendo DS handheld console laying around? Are you planning to upgrade to the upcoming Nintendo 3DS when it comes out? If you answered 'hell yeah' to both of these questions, Target says you can bring your dust collecting DS into one of its stores and trade it in. Even if you only answered 'yes' to the first question, you can still trade in your DS and receive up to $50 towards the purchase of anything Target sells in the form of a gift card.
Warner's DVD2Blu trade-up program just got a little sweeter today, at least temporarily. We just got word that, for the time being, the company will let you swap any DVD for a new Warner Bros. Blu-ray title. Previously, you were only allowed to swap Warner Bros. movies.
There are over 100 Blu-ray flicks to choose from, the majority of which run $5. Some of these include 2001: A Space Odyssey, The Aviator, Blood Diamond, Freddy vs. Jason, Terminator 3: Rise of the Machines, and Wyatt Earp, to name just a handful.
You can choose any title available no matter which one you're trading in, which is an especially good deal if you're holding onto some older DVDs that would have ended up in the garbage or in a yard sale anyway.
Valve kept it short and to the point when addressing a rumor that Steam is getting ready to dabble in used game trade-ins. We'll get to Valve's succinct statement in just a minute, but let's first take a look at the rumor that's been going around.
"Steam gives gamers enough other stuff so that they don't resent the fact they can't trade in their games," Michael Pacter, an analyst with Wedbush Morgan, explained in a recent interview with NowGamer. "And you know, name all the Steam games that you've purchased that you've traded back in to somebody else for credit. Steam's about to let you do that supposedly, you know like trade and exchange, but they're going to take a fee from it."
Game publishers haven't exactly kept it a secret that they vehemently oppose the used game business, and we have a hard time envisioning Valve going this route. So does Valve, as it turns out.
"Untrue. We've never met with Mr. Pachter," Valve's Doug Lombardi told BluesNews.
Don't know what to do with your old smartphone now that you've upgraded to a slick device sporting a Snapdragon processor? You could toss it in the garbage, though that won't earn you any brownie points with Mother Nature. Or you could take advantage of Verizon Wireless' new Trade-In Program.
"By using the Verizon Wireless Trade-In Program, you are disposing of your device in a simple, safe, and easy way! Look no further to trade in your used device...we accept all devices, regardless of wireless carrier or model," Verizon says.
Verizon Wireless set up a site where you can appraise your device, and if it has any value, you'll receive a gift card by mail. If it isn't worth anything, you can still send it to the company for recycling.
Electronics chain Best Buy has been experimenting with the used game business by offering customers store credit for trading in their pre-owned titles, a service which just recently was expanded to include 600 stores across the nation.
"The expansion of our trade-in program reaffirms our commitment to consistently pursue new ways to bring a better gaming experience to consumers," said Chris Homeister, GM of the home entertainment group at Best Buy. "Fall marks the launch of several highly-anticipated gaming titles and new technology, and we're thrilled to provide gamers with innovative ways to connect with the games they love."
By October, Best Buy will have rolled the service out to the rest of its 1,089 stores, and while there haven't been any specifics yet, the company is also reportedly going to start selling used games at its stores soon.
Buying and selling used games has proven ultra-lucrative for Gamestop, who in 2008 revealed sales figures of $8.8 billion. Despite the current global recession, Gamestop expects that number to grow by another billion dollars in 2009. Such sales figures are proving too large to ignore, with Walmart being the latest to test the used game waters.
According to Gamasutra, Walmart has leased store space to Ohio-based E-play, and third-party automated kiosk company. As part of the limited pilot program, "Video Game Buyback" stations have been placed at 77 of Walmart's 3,656 U.S. locations.
The way it works is users looking to sell their used games will scan the UPC code from the game's case. A value will appear on-screen, and if the owner decides to sell, he will then need to enter in his credit card and driver's license information. Once the game is inserted and authenticated, the value is then put on the credit card. Because of the authentication process, buy backs are limited to Xbox, PlayStation, and Wii console games.
"I can't see this having tremendous appeal to hardcore gamers, unless the credits are substantially higher than those offered at GameStop," said Wedbush Morgan analyst Michael Pachter." Even if this takes off, it's not going to make much of a dent in the used market. I don't see it being a big deal."
Do you see this going anywhere? Hit the jump and sound off.