We explained how this is possible in Marketers

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➤ Resale markets are making great strides around the world resale Here's a fun fact: The resale industry is growing 11 times faster than retail. In fact, by 2023 the resale market is expected to reach 51 billion dollars (those are huge numbers!). The reason for the growth : Traditional retailers are increasing their prices on average. In contrast, retailers have lowered their prices by an average of 15% compared to last year. Hey, these are not trivial data at all because the potential of reselling would also allow you to increase your prices.

Dive #002: Resell Culture in our private namibia business email list community. The Major Players : Sites like eBay and Poshmark are the largest second-hand marketplaces in the world. However, there are a few more vertical ones that are gaining traction. Here are some less generalist marketplaces that are burning the stages: RealReal , a secondhand fashion marketplace, reported revenue of $119 million in the third quarter of 2021 ( up 53% from last year ); ThredUP , an online thrift store, reported revenue of $63.3 million in the third quarter ( up 35% year-over-year ).

Can you sell on these marketplaces too? Yes, you can register as a reseller on any of the above-mentioned sites. Many companies are already doing this ( e.g. Macy's, IKEA, Lululemon WORLD NEWS YOU NEED TO KNOW PayPal has done well : over the past month, thanks to its “buy now, pay later” feature, the app has achieved a 400% increase in transaction volume compared to last year. Crypto Ads Level Up : Facebook is expanding the capabilities of cryptocurrency ads on its network. Emoji of the Year Award : Online communication is increasingly embracing the use of emojis, and here are the most familiar to consumers in 2021.