Retail Innovation: Turning Electronic Junk Into New Business Opportunties

Retail Innovation: Turning Electronic Junk Into New Business Opportunties

It's one thing to innovate by coming up with new opportunities, but is maybe even smarter to turn consumers' recycling problems into a way of creating new sales for electronic appliances. 

According to Fortune that is exactly what Best Buy is doing.  It has turned a corporate social responsibility initiative into one that has persuaded thousands of recyclers into store where they are converted into potential buyers through the judicious use of gift-cards.

Best Buys seem to have perfected the art of turning trash into cash!  That's real innovation.