How Businesses Can Build Consumer Trust in the Booming Secondhand Market | Entrepreneur
Briefly

from Entrepreneur1 month ago
The global secondhand market is expected to double to US$350 billion by 2028, but faces challenges from information asymmetry between sellers and buyers, especially with the growth of ecommerce.
Entrepreneurhttps://www.entrepreneur.com/growing-a-business/how-businesses-can-build-consumer-trust-in-the-booming/477881
Concerns over product quality and authentication services are key constraints in the global secondhand market. Businesses are adopting strategic measures like enhanced trading protocols and quality controls to build consumer trust.
Entrepreneurhttps://www.entrepreneur.com/growing-a-business/how-businesses-can-build-consumer-trust-in-the-booming/477881
Read at Entrepreneur
#secondhand-market #consumer-trust #quality-concerns #ecommerce #regulatory-measures
[
]
[
|
]