Company trades iPods for used CDs
An iPodMeister employee sorts through used CDs that
have been traded for iPods. (Alana Abel)
By Jessica Troiano
Special to amNewYork
Trading in old CDs can be an embarrassing experience, with record store clerks laughing at your N Sync collection or dismissing discs with the slightest imperfection.
A Long Island City company can help avoid the rejection. iPodMeister trades iPods and iPhones for CD and DVD collections.Kris Schrey founded the company in 2004. He trades about 1,000 Apple products a year for the discs.
Schrey wouldnt say how many CDs he takes in, but doing the math it would seem to fall between 150,000 and 400,000 a year.
Schrey has found a market where he gets about $1 or $2 per disc overseas.
Whats worthless in the U.S. is still worth a little bit overseas, Schrey said. In other parts of the world, some people simply cant afford an iPod. These people still listen to physical CDs.
Schrey has an eight-person staff that handles orders and shipping from an office/warehouse in Long Island City. Business has been robust, with revenue up about 30 percent this year, he said.
Patricia Malone, 45, of Crown Heights, was in the market for an iPhone last year when a friend told her about iPodMeister. The idea intrigued her, but she wanted to make sure it was legitimate.
I went online and researched it to make sure it wasnt a scam, Malone said. When it checked out, she traded 450 CDs, which iPodMeister also digitized for her, and she got her iPhone.
The company covers shipping costs, but on special deals Schrey pays a personal visit. He went to one Upper West Side client who was unloading 6,000 classical albums.
If youve got 6,000 CDs, you get a house call, Schrey said.