Business

Retailers start gadget buyback plan

Wednesday, February 02, 2011

Do you have gadgets you don't want anymore? Major retailers say they want your junk.

Target and Radioshack are among the stores now buying back products from customers and offering credit toward new purchases. People have been dumping their old smartphones and video games on craigslist or eBay, but retailers are recognizing trade-ins could generate foot traffic and loyalty.

Re-selling iPhones, for example, can actually bring a higher price than customers originally paid, because the phones are subsidized by the wireless carrier.

(Copyright ©2014 KGO-TV. All Rights Reserved.)

Get more Business »


Tags:
iphone, iPod, target, cell phone, business
blog comments powered by Disqus
Advertisement