Recommerce platforms encourage sustainability by promoting the buying and selling of used goods, which in turn helps reduce waste through inventory circularity and a secondhand market.
RealReal, launched in 2011, allows sellers to earn up to 85% on consigned luxury goods while fostering sustainability through partnerships with brands like Stella McCartney and Burberry.
Walmart Marketplace's new Resold at Walmart initiative aims to expand its pre-owned offerings, allowing for customer engagement and anticipation through collectibles and preorder options.
Grailed, a menswear-focused marketplace, leverages community involvement to guarantee authenticity, ensuring a trustworthy platform with a focus on the secondhand fashion market.
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