Thursday, November 13, 2008

Trade your old stuff for new stuff

Here is an interesting concept - trade your old CDs, DVDs, games and books for new electronic items. The company, which appears to be very environmentally conscious, is called abundatrade.com and have quite an interesting business model. They take in used used cds and DVDs for credit, based on the market value of the item. Mostly it is one item for one credit. Customers then can use those credits to purchase new items. If not enough credits have been earned, the customer pays extra for the difference.

What happens to the used CDs and DVDs? They sell them, of course! The prices appear to be very good. I did notice that under "used DVSs" there were many VHS recordings, so that is something to be aware of when shopping. I did not see an explanation of that particular oddity.

The amount of credits that were needed for a trade was at least 100, and more in the 200+ range....so this site will be best for those with stacks of old items that are still in good shape.

Seems like a smart way to cash in on people's desire to be more environmentally conscious and appeals to the concepts of trading and recycling. I wonder if any of the movies we want for the kids are available...

1 comment:

wayne said...

Interesting concept. It will be a chalenge to determine the market value. Any errors in the marketvalue credits will encourage exploiting this system. I didn't see any dvds or cds for sale there. Only electronics.

I have been selling my dvds and cds to mx123.com with success. They will bulk buy all your items online and make it easy. Craigslist has worked well for me to -if i have the time.