BREAKING NEWS IN LUXURY RESALE
Snobwap.com,
an online community to buy/sell pre-loved luxury items just
raised $700K expansion dosh. While the site is competing with the likes of
Portero, Luxury Exchange and of course eBay, its key differentiator is that it
also works with offline stores.
COMPETITION GALORE
If you're sick of shopping in the gray market aka eBay, check these too, while you're at it.
If you're sick of shopping in the gray market aka eBay, check these too, while you're at it.
Vaunte lets you shop the closets of the fashion and business elite
Shop Hers sources you $120 cap-toe Chanel heels in your size
The Real Real gives you a $50 gift card at Neiman Marcus for shopping at
Thread Flip has a mobile app if you're more of a mobile shopper
Walk In My Closet to create a virtual closet of your wish list
Walk In My Closet to create a virtual closet of your wish list
Bib And Tuck actually gives you money! 20 bucks credit for signing up.
Copious for social media-holics
Luxury Closet is the Middle East's answer to luxury resale
FUZZY MATH BUT WORKS, KINDA
So leme get this straight. Buy more, sell more. Win-Win.
So leme get this straight. Buy more, sell more. Win-Win.
Why you should buy- Its no secret. The economic
downturn made us more sensible. Plus, mindsets are shifting. Consignment shopping is less of a stigma, more so online where no one's watching (not literally anyway!).
Why you should sell- What better way to
free up some cash, if only to fund the next it-item on your list. You know what I'm talking about! Point is, we wear only 5-10% of what’s in our
closets so why wouldn't we be interested in an easy system to convert unused ‘assets’ into quick cash.
An interesting trend among Portero’s customers is more people donating proceeds for a good cause. If that floats your boat.
An interesting trend among Portero’s customers is more people donating proceeds for a good cause. If that floats your boat.
ENTER PICKIPICKI, EXIT UNDER-REGULATION
eBay the king of the gray market is paying brand dilution penalties to LVMH. Yet there are 7.2 billion postings on the site for luxury apparel, many of which are not authentic.
eBay the king of the gray market is paying brand dilution penalties to LVMH. Yet there are 7.2 billion postings on the site for luxury apparel, many of which are not authentic.
Bringing tech and
fashion together, PickiPicki’s Abi Muller is developing proprietary software
that empowers retailers to create their own online marketplace a la StubHub. For us, this means less fakes, more of the real deal.
THIS USED CAR AD SAYS IT ALL
So, tell me- would you believe in second chances?
Sources:
https://snobswap.com/
http://techloy.com/2014/06/28/how-easy-is-it-really-to-sell-tech-products-to-millennials/
http://www.businessinsider.com/more-disruptive-than-gilt-how-secondary-markets-can-save-high-fashion-during-the-double-dip-2011-11
http://www.businessinsider.com/sleaziest-car-ads-of-the-21st-century-2013-3?op=1
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