Walmart to Introduce New Game Trade-In Program
Walmart will soon introduce a new game trade-in program in the coming week for gamers to trade-in nearly any game in their library to exchange for anything in the store.
As a major extension to the existing cell phone and tablet trade-in program already in Walmart stores, CExchange will manage the trade-in valuation for Walmart, as your titles will be evaluated in-store and traded for a Walmart gift card. Across 3,100 stores in the USA the new trade-in feature will not be eligible for a cash trade option, just as the cell phone and tablet version of this trade-in is not. When asked directly about this during the announcement conference call, Executive Duncan Mac Naughton said,
“[customers] would get a credit at Walmart which I would argue is just like cash.
Separating itself from stores like GameStop, Walmart will not be accepting used game hardware – only disks during the introduction of this program. All games accepted in the program will be sent outside the primary facility and refurbished before being resold, which is a nice benefit to the turn around as any used titles will be accepted at an estimated $35 store credit or less. We’ll assume less, given the immediate drop-off of value in GameStop trade-ins.
For those interested, games can currently be valued and traded through the online service provided on Walmart.com.