The online retailer is the latest to join the trade-in service for videogames and will provide online credit to purchase other items if approved.
Console game trades have begun in their beta program where the games must be in "good condition" and include their original packaging. Recently Toys R Us began an exchange service too.
US retailer GameStop already operates a trade-in service for console videogames and Lazard Capital Markets' analyst Colin Sebastian has said they do "not expect a significant impact on GameStop's used business as a result of Amazon's new trade-in program."
The delay in receiving the credit from the trade-in has proven unpopular in the past and so Amazon won't fair as well as people may expect, despite having a larger more affordable inventory noted Sebastian.
"Our survey of ten games on both sites suggests that the Amazon merchant is offering a slight premium to GameStop for a number of trade-ins. However, the Amazon initiative also requires users to mail in the game to" a third-party retailer (NorAm), "which will then determine the eligibility of the game to receive the trade-in value."
"We note that GameStop previously tested online trade-ins, which had limited customer acceptance due to the turnaround time required to receive store credit," he said.
Do you use trade-in services? Are you an Amazonian shopper?
Amazon.com kickstarts own games trade-in service, launches beta
06 March 2009 | By Simon Priest