Sunday, March 27, 2011

Don't you hate it when you just bought the latest, hottest gadget on the market, only to find out another, better version of it has been released? No need to worry, retailers have a solution for consumers — and for themselves. They will buy back your old gadget in hopes that you turn around and purchase the next best gadget on their shelves.

Under these buyback programs, big-box retailers and online merchants give cash or credit for a piece of used electronics. Best Buy, the world's largest consumer electronics retailer, launched its program this year.

One company in particular using this program is Best Buy. They aired a commercial with Justin Beiber a few months back, take a look.



www.bestbuy.com/buyback
Posted by Spade at 5:52 PM

16 comments:

  1. Team PandaMarch 27, 2011 at 6:05 PM

    oh yeah i heard about that, kinda interesting idk if i would use it, but maybe in the future who knows

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  2. SpadeMarch 27, 2011 at 6:41 PM

    Yeah, seems very useful

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  3. Max BrawnMarch 27, 2011 at 6:51 PM

    Sounds like a good idea to combat companies like apple. They probably already have iPhones 5-20 sitting in a basement somewhere, but to make more money they just bring one out every 6 months.

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  4. thisguykillsMarch 27, 2011 at 6:57 PM

    Did he died?

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  5. ElucidMarch 27, 2011 at 7:02 PM

    This is why people can't keep "waiting for the next thing" because they'll be waiting forever.

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  6. SpadeMarch 27, 2011 at 7:05 PM

    @thisguykills What do you mean by that?

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  7. AnonymousMarch 27, 2011 at 7:08 PM

    Only fools (or people who can afford to throw money away) buy technology when it first comes out. There will always be something better and cheaper released six months to a year later.

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  8. RandallMarch 27, 2011 at 7:12 PM

    I've check some of these buy-back programs, but you can usually get the same think on ebay, amazon, or elsewhere online for the price you would get it at if you brought your old gadget back. So if you buy it online, you can sell your old gadget cheap on ebay, and spend even a little less.

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  9. SpadeMarch 27, 2011 at 7:16 PM

    @Randall Nice advice!

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  10. UnknownMarch 27, 2011 at 7:17 PM

    a lot of companies are giving you $50 for old nasty printers.

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  11. SpadeMarch 27, 2011 at 7:20 PM

    @Quetopia Really? I might need to look into that. I've got two old printers I don't use anymore!

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  12. AnonymousMarch 27, 2011 at 7:27 PM

    It seems good but how much are they giving it back? Like 20%?

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  13. SpadeMarch 27, 2011 at 7:34 PM

    @Rimojenkins Not sure, I'm sure it varies by company

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  14. FlamesMarch 27, 2011 at 7:50 PM

    Yeah, that's why I refuse to buy new launch products.

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  15. crustaaMarch 27, 2011 at 8:23 PM

    wow....following

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  16. BremsyMarch 28, 2011 at 7:40 AM

    Thats a really funny commercial if you ask me. Not a fan of J.B. tho

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