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...I note it's a trade-in, not an outright purchase, so there's no advantage to cruising library book sales to buy quantities of CDs for a buck each.
Amazon is hoping the service will eventually translate to more purchases — and more loyal customers. Studies have shown that when consumers redeem gift cards or credit, they tend to spend 40% more than the value of that credit...
To get the best deal, consumers can copy songs from the discs to their computer for free before selling... Consumers may find, however, that much of their music isn’t eligible. Most CD trade-in sites — as well as Amazon’s DVD trade-ins — require the seller to include the case with its artwork and UPC code. Scratched discs may also be rejected. So music fans who ditched jewel cases in favor of a “CD wallet” or didn’t keep their collection in pristine condition are likely stuck with it until their next yard sale.
Via The New Shelton wet/dry, where I also found this excellent post title: