Gamestop speaks on Amazon’s new buy back system

As I just reported about Amazon’s new trade in system for video games.  (Literally two seconds ago) My google reader, shot me another article, about how Gamestop just commented on Amazon’s new system for trade in games.

EDGE Online recently had a phone interview with CEO Dan DeMatteo of Gamestop, where he said “It didn’t work for us, and I can’t see it working for them,”

He went on to say:

GameStop tried it several years ago, to no avail. Electronics Boutique also tried it and failed. There’s no consumer acceptance. With consumers, there is an immediacy for currency when they want to buy a new game.

Not sure how well this is going to go between Amazon and their consumers, however price wise if I were to trade in games, I feel people would most likely go with Amazon as they are getting more money back versus Gamestop who always rapes people when they trade in games. As for myself, I usually if I ever do go and trade in games, I go to Chinatown, where I can get as much as half of retail price.  Sorry Gamestop and Amazon- Chinatown wins this one for me hands down.

GameStop: “Zero Chance” for Amazon Trade-In Success [EDGE Online]