Best Buy Also Entering the Used Games Business

People know that some big shift is about to happen when more than one big company seems to be heading down the same road. We've talked a few days ago about the limited trial run that Toys R Us, the biggest retailer of kids material in the United States, is making in New York in relation to allowing customers to trade in used games for in store credit.

Now, an insider source is telling gaming blog Kotaku that Best Buy is also thinking very seriously about allowing its stores to accept used games for credit. There's no real time frame for the introduction of the new initiative in stores, but the source said that Best Buy was thinking about moving quickly into the used games market.

Best Buy tried to offer a service for used games similar to the one that GameStop has promoted over the time but way back in 2005, the company thought that it was just not worth it. The difference is that, in 2005, the videogames market was booming and the idea that there was a consistent segment for used videogames was not proved to be right.

In 2009, the economy is crashing and the videogame business is feeling the pinch. Some gaming companies are having financial difficulties, some have declared bankruptcy, while others have been sold. Players have also begun saying that maybe the 60-dollar entry price for videogames is too much and have been turning to the used game market in order to get more value for their bucks.

If there are three players in the used games market, with GameStop, Best Buy and Toys R Us fighting to provide more value and better prices in order to attract customers, gamers will be more than satisfied to haul that used copy of Gears of War 2 or of Fallout 3 in order to be able to get their hands on Diablo 3 or God of War III.