Tuesday, March 18th 2008
BFG Announces 100 Day Graphics Card Trade Up Program
BFG Technologies announced today the BFG Trade Up program. The program is designed to give customers a one time opportunity to exchange their current BFG graphics card within 100 days of the original date of purchase for a better model and only pay the difference in price, plus applicable taxes.
"As industry innovators of 24/7/365 technical support and the graphics card lifetime warranty, the BFG Trade Up program further demonstrates our continued commitment to provide value-added products and services that extend our customer's technology investment," said John Malley, senior director of marketing for BFG Technologies. "Newer, faster graphics cards are always being introduced into the market. Knowing that the BFG Trade Up program is available, customers can confidently purchase a BFG graphics card today knowing that their investment will be protected when newer graphics cards are launched soon after. The BFG Trade Up program will also provide customers an opportunity to upgrade to a model more suited to their performance needs."
The BFG Trade Up program applies to all BFG graphics cards released after February 21, 2008. This includes all BFG graphics cards released by the company after this date including all BFG NVIDIA GeForce 9-series products. While the program is currently only available to U.S. and Canadian customers, BFG will offer the program in other countries as becomes feasible to do so.
Certain terms and conditions apply. For more information about the BFG Trade Up program, visit www.bfgtech.com.
Source:
BFG
"As industry innovators of 24/7/365 technical support and the graphics card lifetime warranty, the BFG Trade Up program further demonstrates our continued commitment to provide value-added products and services that extend our customer's technology investment," said John Malley, senior director of marketing for BFG Technologies. "Newer, faster graphics cards are always being introduced into the market. Knowing that the BFG Trade Up program is available, customers can confidently purchase a BFG graphics card today knowing that their investment will be protected when newer graphics cards are launched soon after. The BFG Trade Up program will also provide customers an opportunity to upgrade to a model more suited to their performance needs."
The BFG Trade Up program applies to all BFG graphics cards released after February 21, 2008. This includes all BFG graphics cards released by the company after this date including all BFG NVIDIA GeForce 9-series products. While the program is currently only available to U.S. and Canadian customers, BFG will offer the program in other countries as becomes feasible to do so.
Certain terms and conditions apply. For more information about the BFG Trade Up program, visit www.bfgtech.com.
32 Comments on BFG Announces 100 Day Graphics Card Trade Up Program
However, which one is more advantageous depends. If I am a slick seller on e-bay, and/or if I know I will not need/want to upgrade in the next 3 months, your plan would of course offer the better value, and would be the one that would be most alluring. If, however, I don't often sell on ebay, and I know that within 3 months there is the very real possibility of another card hitting the market that outdoes the one I just bought considerably, then the trade-in has the upper hand.
However, when one uses it for say another generation but the same level (like 9800gtx to 9900gtx), thats when the value occurs. Because with that, the initial card you bought has decreased in market value, and the new card should be roughly the cost of the original. This makes trading in the card at original market value a big plus. I believe this is where the discrepancy between our points of view may lie.
I kind of have to say SOMETHING about it now because what you are saying is correct. Forgive me if I'm being too vague but the 9900GTX price will likely be a little higher than where you put it. The card above it will also cost more than you think.
We kind of got a reprieve from a really high price because the GX2 is just a couple of 8800s stitched together and those definitely don't cost $250 each. The next gen cards are actually whole new cores and we should expect a higher entry price then we have grown accustomed to over the last year.
So my example is a little different then what you had in mind but if the prices are the same it wouldn't matter. You also have the issue of there being more than three months between the time the 9800GTX launched and the time the 9900GTX will launch. So if you use the second half of my example where you bought the card now at $320 and the replacement card comes in at $450 (more realistic) you would find the trade up method saves you $20 which would make you right.
Reason, when I buy hardware it's to post a few scores then I move on. Most people know me here as the guy that doesn't want to mess with things in resale. I sell my stuff cheap after I'm done with something.
For example
FX-62 with 2900XT 1GB for 200USD
Just sold a hd3850 for 50USD
motherboards for 100USD or less than new
The list goes on.
I know other people like this as well. People that buy hardware for scores, then move on to the next thing and lose our ass on the cost of the whole issue. I mean when you buy a product on day one, like a lot of us here. Your going to lose your ass on the price, but as we all know that was going to happen anyways. Want to play with the big guys your going to pay in the old pocket book.
Now after saying that a trade up program would be the bomb at least for me and others like me. You already know that your going to buy the next best thing when it comes out.
BUT if this cuts into the fun stuff then whats the point? I love giving away free stuff, or should I say it better PALiT giving away free stuff. You kind of have to be there to really know what it's like to see someone get a GX2 or 9600GT for free to really know. I mean I know that its all of word of mouth marketing, but for the people that win the stuff it's very much worth it to me. It shows people that the company is ready to give back to it's customers, kind of like palitlan.com. Where they help people setup small lan party's for all kinds of small groups of people.
I understand that most of the step up program is more marketing than anything. It has to be because the card that they got back is used. I don't think they resale them back in a new box after it's been QCed, but I could be wrong about that.
I think a percentage would work best, as $10 isn't too much to scream over (especially considering the costs of mid-range and higher cards nowadays), but with a fixed percentage, users purchasing higher-end cards would be saving more - and more than likely without cutting manufacturers profit too much, either.
Even make the loyalty bonus useable with other offers as well - if there's a manufacturer's rebate, or retailer's rebate running; the offers can be combined.
I think for most users, though, especially us enthusiasts, we like to see that the manufacturer is willing to do "acts of good will" towards the consumers like this - good warranty programs, trade-up programs, loyalty programs . . . it says to use that the manufacturer views the consumer as more than just black or red numbers on white paper - and it doesn't have to be anything big or extravagant to be effective, either. Even just taking general users and consumers feedback, as you've been doing here on TPU, goes a long way for earning a manufacturer respect and new customers.
A manufacturer can't continue to survive on just great hardware alone and leave the consumer in the pasture - just look at how Creative Labs has been doing for the last 3 years . . . :twitch:
So, basically, the step-up in this situation is advantageous b/c the loss of value from the original card purchased is usually greater or at least equal to the price difference between mfg price and the online store price. So in essence, it seems like we are both right depending on how the user uses the step-up program. If they use it simply to move up to a better card in the same generation (same market degradation), then the consumer usually loses out on a bad choice. If used, however, to move up to the next generation that comes very close to when they initially bought the card, then it allows for an easier and cheaper way for them to do so. A form of insurance, if you will.