#secondhand-market

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#consumer-behavior

Nearly 70% of US Smartphone Owners Have Never Sold Their Old Phones. Here's Why

Most American smartphone owners do not consider resale value when purchasing new devices.
A significant portion of consumers lack confidence in the resale value of their smartphones.
The secondhand smartphone market is growing but not top-of-mind for many.

Secondhand luxury fashion thrives as Ozempic users purge their closets

Users of weight-loss drugs like Ozempic and Wegovy are fueling a surge in secondhand luxury fashion markets by changing wardrobes as they lose weight.

Nearly 70% of US Smartphone Owners Have Never Sold Their Old Phones. Here's Why

Most American smartphone owners do not consider resale value when purchasing new devices.
A significant portion of consumers lack confidence in the resale value of their smartphones.
The secondhand smartphone market is growing but not top-of-mind for many.

Secondhand luxury fashion thrives as Ozempic users purge their closets

Users of weight-loss drugs like Ozempic and Wegovy are fueling a surge in secondhand luxury fashion markets by changing wardrobes as they lose weight.
moreconsumer-behavior
#sustainability

Ikea takes on Craigslist with classifieds site for its used furniture

Ikea is launching a peer-to-peer marketplace, Ikea Preowned, encouraging direct sales of secondhand furniture between customers.

Pinstripe wants to redefine the way online sellers sell secondhand clothing | TechCrunch

Pinstripe transforms the secondhand market by combining digital storefronts with a physical retail presence for sellers.

Utrecht's Whoppah acquires assets of Design Market - Silicon Canals

Whoppah's acquisition of Design Market significantly increases its market presence and inventory while enhancing its operational capabilities across Europe.

23 Recommerce Platforms and Marketplaces

Recommerce enhances sustainability by facilitating the sale of used and refurbished products, contributing to a reduced carbon footprint.

Ikea takes on Craigslist with classifieds site for its used furniture

Ikea is launching a peer-to-peer marketplace, Ikea Preowned, encouraging direct sales of secondhand furniture between customers.

Pinstripe wants to redefine the way online sellers sell secondhand clothing | TechCrunch

Pinstripe transforms the secondhand market by combining digital storefronts with a physical retail presence for sellers.

Utrecht's Whoppah acquires assets of Design Market - Silicon Canals

Whoppah's acquisition of Design Market significantly increases its market presence and inventory while enhancing its operational capabilities across Europe.

23 Recommerce Platforms and Marketplaces

Recommerce enhances sustainability by facilitating the sale of used and refurbished products, contributing to a reduced carbon footprint.
moresustainability
#peloton

Peloton to ruin the secondhand market by charging a $95 'used equipment activation fee'

Peloton's new activation fee on secondhand machines represents a shift in consumer experience and highlights underlying financial challenges for the company.

Buying a used Peloton? Get ready for a $95 activation fee

Peloton introduces a $95 activation fee for secondhand buyers to utilize its services.
The fee aims to enhance revenue while providing value-added services to new members.

Peloton fans are angry about a new 'Activation Fee' for anyone buying a used bike on Facebook Marketplace or Craigslist

Peloton's $95 activation fee for used bikes is facing major criticism from customers regarding its fairness and potential impact on bike value.

Peloton to ruin the secondhand market by charging a $95 'used equipment activation fee'

Peloton's new activation fee on secondhand machines represents a shift in consumer experience and highlights underlying financial challenges for the company.

Buying a used Peloton? Get ready for a $95 activation fee

Peloton introduces a $95 activation fee for secondhand buyers to utilize its services.
The fee aims to enhance revenue while providing value-added services to new members.

Peloton fans are angry about a new 'Activation Fee' for anyone buying a used bike on Facebook Marketplace or Craigslist

Peloton's $95 activation fee for used bikes is facing major criticism from customers regarding its fairness and potential impact on bike value.
morepeloton

These are the smartest handbags to buy as an investment, from Hermes to The Row

Handbags can be a profitable investment, often sold at significantly higher prices in the secondhand market.

8 Simple Rules for Buying Your Dream Car

Depreciation makes dream cars more affordable in the secondhand market. Due diligence is crucial to avoid regrets when purchasing.

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

The global secondhand market is rapidly growing to reach $350 billion by 2028, with challenges such as information asymmetry and quality concerns driving the need for enhanced trading protocols.
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