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Why Amazon Wants Your Old CDs

Consumers may now have a new home for all those CDs currently collecting dust or serving as drink coasters – Amazon.

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. “If I still owned any CDs, I’d turn them in,” says Dan Rayburn, a principal analyst for Frost & Sullivan. “Really, who else wants old CDs?”

It’s unlikely Amazon does either, say experts. “There’s just not that big a market for used CDs,” says Randy Allen, an associate dean at Cornell University’s Johnson Graduate School of Management. Instead, Allen and other experts say 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.

Experts say it also sets up Amazon as a go-to vendor for that dwindling market of CD buyers, who could soon see more selection and lower prices for used discs on the site.

To get the best deal, consumers can copy songs from the discs to their computer for free before selling, Rayburn says. A low sale price is still the equivalent of a free MP3 or two. Although Amazon.com is the only big name buying back CDs right now, experts say it’s also worth comparing prices on trade-in sites such as Buy Back Media, SecondSpin.com and Ultimate Buy Back.

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.

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    • This is a good idea. An idea can change our life. Thanks Amazon.

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      54 posts • Previous 12
      Alegria
      “100% Meaner and Craftier than You”
      Ars Tribunus Angusticlavius
      et Subscriptor
      Tribus: The Emerald City
      Registered: Aug 15, 2000Posts: 6766
      Posted: Wed Jan 09, 2002 2:05 pm
      -Graduated high school with a 4.12 and an IB diploma-Got into Carnegie Mellon University, Chemical Engineering-met a guy, got laid, got engaged-made many friends-graduated CMU-got a great job-moved cross-country-bought a house-got two cats-planned a wedding (T-115 days)-am happyI am most proud of the last accomplishment.
      madmanX
      Ars Praefectus
      Tribus: Buffalo, NY
      Registered: Jun 7, 2000Posts: 5851
      Posted: Wed Jan 09, 2002 4:32 pm
      Timdorr – no plans on slacking..I’m going to try and get the company to pay for it Clint@purdue – yea granted in your in debt now..think about it when you get out of a school like that and land a awesome job. Then you’ll be making that in a year.
      the lidless eye
      Ars Praefectus
      Registered: Mar 12, 2000Posts: 4212
      Posted: Wed Jan 09, 2002 4:36 pm
      I’ve lost 18 pounds since mid december.
      oobnuker
      Ars Scholae Palatinae
      Registered: Oct 1, 2000Posts: 1022
      Posted: Wed Jan 09, 2002 4:47 pm
      I stayed away from alcohol until I was 23 – which allowed me to skip over the “get what you can and drink it until you puke” stages of teenaged drinking. Alas, I have never puked from drinking alcohol…Partied in various other ways with various other things in my 17-21 years and learned a lot about myself and the world. Of which I have no regrets, and am actually quite thankful for the experiences.Married. Two kids. Divorced.Lived as a single father for a period. Juggled work, daycare, kids, and sanity for a little while.Married. Won custody of my previous two kids. Gained two more kids and the Bestest Wife Ever.Beat my “Five year plan” for doing Tree-Work, and got laid off in my fourth year. I had no intention of doing it for more than five years, so I inadvertantly won this one. The lay-off changed my focus and I landed an IT job – which I have managed to increase my salary by 27% in two years.Two more kids. What can I say?I am not horribly in debt – but I have a moderate and long-standing debt with several places. I am slowly trying to pull myself out of it, but with 6 kids and a wife, with natural wife-like tendencies, it is hard…
      outcast_p
      Ars Praefectus
      Registered: Oct 14, 2000Posts: 4709
      Posted: Wed Jan 09, 2002 5:02 pm
      i earned my eagle scout. got out of high school, almost done with collage and got my drivers liscence (after 4 years of being lazy)now i need a car, get a real job, and ask someone to marry me. i mean i know who it will be just have to figure out when/how/and with what.-oc
      DaveJ
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      et Subscriptor
      Tribus: :subirT
      Registered: Apr 8, 1999Posts: 1345
      Posted: Wed Jan 09, 2002 9:40 pm
      Not much, I’m afraid… So far I’ve:- Survived a total of 25 surgeries over a period of 25 years, for various reasons- Bought my first house last year- Graduated HS- Almost graduated college, but ended up working there instead…- Lost touch with two really good friendsI think this guy has us all beat though… Dave
      jschmeling
      Ars Legatus Legionis
      et Subscriptor
      Tribus: Syracuse, NY
      Registered: May 7, 2000Posts: 12747
      Posted: Wed Jan 09, 2002 9:53 pm
      Juris DoctoratePublished (as a co-author) one law review article (which was introduced by a governor, lt. governor, and a senator ), and one article in Spine magazine forthcoming (February)4 kids, hers, mine, ours are turning out well so far (ages 7-14)honorable discharge, USAFearned my job as associate director of a research center So far, so good. And all that from a ne’er do well in high school. Kiss my ass Mr. Vice Principal.James
      DR.NT
      Ars Praefectus
      Registered: Feb 16, 2000Posts: 3344
      Posted: Wed Jan 09, 2002 10:01 pm
      – MCSE A+ CNAwent downhill after that-NT
      Mordac
      Ars Tribunus Militum
      Registered: Jan 21, 2000Posts: 2762
      Posted: Thu Jan 10, 2002 12:18 am
      i’ve written several small pieces that i’m quite happy withi’ve known lovei’ve fallen off a motorcyclei’ve learned to laugh at myself more than othersi’ve learned to identify a good red winecheersmordac
      gradedcheese
      Ars Praefectus
      Registered: Oct 19, 2000Posts: 3180
      Posted: Thu Jan 10, 2002 12:21 am
      Right now I feel like I’ve done jack shit and I’m a general failure. But to answer the thread question, after graduating HS in ’99:- got a job as a net admin / tech / web tech at a small newspaper company in SF, worked there for a year while going to community collage- quit that job and got a job at sfgate.com as a PC Tech and worked there for a year while going to school, and for a while full-time (took a semester off… doh)- bought my dream car (literally), a 1974 BMW 3.0CS- wound up with a 1973 BMW Bavaria that was going to be cut up for parts and really fixed it up- completed several freelance web design projects (what I do for money after quiting my job to concentrate on school)-have come pretty close to finishing my engineering transfer requirements and will attempt to get into a university next school year-made a lot of good friends through the car hoby, and work. a few from school too.I guess it amounts to a lot of good ‘real world’ experience, some education, and a couple neat toys. I still feel like I’ve fucked something up though. Hopefully I’ll make it to university level and beyond ok though, that’s really my main worry now.
      Over
      Ars Praefectus
      Tribus: ‘tribus’ is not recognized….
      Registered: Aug 12, 2001Posts: 3318
      Posted: Thu Jan 10, 2002 12:33 am
      I’ve accomplished (today!) the art of converting Mac Icons to Windows Icons…
      greatoz
      “OG Senator”
      Ars Tribunus Militum
      et Subscriptor
      Tribus: NorCal
      Registered: Mar 31, 1999Posts: 2844
      Posted: Thu Jan 10, 2002 2:21 am
      Schwanz – funny, maybe, bloody miraculous, yes, definitely. Never thought I’d ever be willing to die for something, and I mean die, without a moment’s hesitation. No questions, no regrets. Anything for her. THAT’S whats so amazing.And she [i]is[/b] cute. KTHANXBYE.tGo
      timdorr
      Ars Scholae Palatinae
      Registered: May 15, 2000Posts: 872
      Posted: Thu Jan 10, 2002 11:29 pm
      quote:Originally posted by madmanX: Timdorr – no plans on slacking..I’m going to try and get the company to pay for it I did that for a summer as an intern for my dad’s company. Boring as hell. Just try to find a job that you’ll be doing something interesting. It’ll be the best way to get a job you like (lack of work != good job).-timmah!
      ubzerver
      Ars Scholae Palatinae
      Registered: Oct 5, 2001Posts: 864
      Posted: Thu Jan 10, 2002 11:38 pm
      I lived another day in love and laughter… Well almost finished. It’s 9:30pm.
      54 posts • Previous 12
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132.55MDow Volume:
Avg Vol: 132.70M
Unchanged
134
Decliners
1500
Advancers
4873
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
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  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
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Dow
/quotes/zigman/627449/realtime 15,974 +314 2.00%
Nasdaq
/quotes/zigman/12633936/realtime 4,338 +71 1.66%
S&P 500
/quotes/zigman/3870025/realtime 1,865 +36 1.95%
GlobalDow
/quotes/zigman/629063/realtime 2,070 +23 1.11%
Gold
/quotes/zigman/33772884/delayed 1,239 -9 0.75%
Oil
/quotes/zigman/2260836/delayed 29.02 +2.81 10.72%
FTSE 100
/quotes/zigman/3173262/delayed 5,708 +171 3.08%
DAX
/quotes/zigman/2380246/delayed 8,968 +215 2.45%
CAC 40
/quotes/zigman/3173214/delayed 3,995 +98 2.52%
FTSE MIB
/quotes/zigman/1482176/delayed 16,515 +742 4.70%
IBEX 35
/quotes/zigman/2759620/delayed 7,921 +175 2.25%
Stoxx 600
/quotes/zigman/2380150/delayed 312 +9 2.91%
Asia Dow
/quotes/zigman/6959860/realtime 2,385 -51 2.10%
Nikkei 225
/quotes/zigman/5986735/delayed 14,953 -761 4.84%
Hang Seng
/quotes/zigman/2622475/delayed 18,320 -226 1.22%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,986 +34 0.15%
Singapore
/quotes/zigman/1709939/delayed 2,540 +2 0.07%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 -0.01 0.61%
Yen
/quotes/zigman/16008150/realtime/sampled 113.25 +0.83 0.74%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.00 0.18%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.04%
DXY Index
/quotes/zigman/1652083/delayed 95.97 +0.36 0.38%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.99 +0.23 0.26%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.75 0.00 0.00%
German 10y
/quotes/zigman/15866409/realtime 0.26 +0.07 37.97%
Italy 10yr
/quotes/zigman/15866497/realtime 1.64 -0.08 4.67%
Spain 10yr
/quotes/zigman/15866444/realtime 1.74 -0.04 2.01%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.42 0.00 0.00%
Japan 10yr
/quotes/zigman/15866525/realtime 0.08 +0.06 442.45%
Crude Oil
/quotes/zigman/2260836/delayed 29 +3 10.72%
Gold
/quotes/zigman/33772884/delayed 1,239 -9 0.75%
Corn
/quotes/zigman/25518696/delayed 364 -1 0.27%
DJIA F
/quotes/zigman/48241424/delayed 15,925 +313 2.00%
S&P F
/quotes/zigman/43106711/delayed 1,860 +36 1.95%
Silver
/quotes/zigman/32655632/delayed 16 0 0.03%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 102.01 0.10 0.10%
AAPL /quotes/zigman/68270/composite 93.99 0.29 0.31%
GOOG /quotes/zigman/59527964/composite 682.40 -0.71 -0.10%
BAC /quotes/zigman/190927/composite 11.95 0.79 7.08%
C /quotes/zigman/5065548/composite 37.54 2.56 7.32%
F /quotes/zigman/264304/composite 11.55 0.38 3.40%
T /quotes/zigman/398198/composite 36.47 0.26 0.72%
BP /quotes/zigman/247026/composite 29.02 1.38 4.99%
GE /quotes/zigman/227468/composite 28.26 0.81 2.95%
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5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.6%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

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