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Amazon Close to Launching Electronics Trade-in Program

The Financial Times reports that Amazon.com is close to expanding its trade-in program. The Financial Times discovered job listings that show the retailer is programmers to build the electronics trade-in service.
The retailer is recruiting software engineers to work on a service to allow consumers to trade in used consumer electronics gadgets in exchange for Amazon gift cards.

The move highlights the surge in interest in trade-in services, spurred in part by the newly frugal mood of US consumers, with leading retailers including Walmart, Target and Costco starting partnerships last year with a variety of online services.

"As people upgrade to the latest and greatest there is a plethora of valuable, perfectly good products that need a new home," an Amazon job advert states. "We help facilitate the pairing of new owner with device, while also creating an open marketplace."
Amazon.com launched a video games trade-in website that lets gamers trade-in used video games for store credit. Amazon.com also buys DVDs and college text books. If Amazon launches an electronics trade-in service it would probably work in a similar manner.

Posted on January 25, 2010





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