Amazon Will Now Give You Gift Cards For Your Old CDs

From SmartMoney.com:

The online retailer announced Wednesday that has added CDs to the list of items it allows shoppers to trade, which includes books, video games, DVDs and electronics. Sellers get a free shipping label to mail in their items, and receive store credit based on quality of the discs. Just how much credit customers can expect to get remains unclear; at press time, Amazon’s trade-in page had not yet been updated to allow CD entries. (Amazon.com did not respond to requests for comment.) But retail experts say CDs could fetch as much as $2 to $3 apiece. “If I still owned any CDs, I’d turn them in,” says Dan Rayburn, a principal analyst for Frost & Sullivan. “Really, who else wants old CDs?”

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Includes comment about why Amazon.com is doing this from Randy Allen, an associate dean at Cornell University’s Johnson Graduate School of Management.
See Also: Amazon Will Now Give You Gift Cards For Your Old CDs (via Forbes)

Filed under: Management and Leadership