Remove 2016 Remove Accounting Remove Marketing Remove Retailing Pricing
article thumbnail

How Retykle changed the Chinese belief that buying secondhand is bad luck

Inside Retail

Based in Hong Kong and launched in 2016, Retykle, is a luxury resale childrenswear online marketplace with more than 10,000 sellers and buyers. The funds raised will allow Retykle to invest within its home market of Hong Kong, as well as expanding its reach into Singapore and Australia. Who is the resale customer?

Consumer 182
article thumbnail

How to Sell on StockX

Small Biz Trends

As the resale market continues to grow, it is proving to be an excellent way to make money. Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. At its core, StockX is a resale market used for authentic sneakers (i.e., What is StockX? collectible sneakers).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

As such, retailers can’t afford to risk losing sales because they ran out of stock. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase.

article thumbnail

Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

As such, retailers can’t afford to risk losing sales because they ran out of stock. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase.

article thumbnail

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items. A demand for counterfeit goods was thus sparked, fuelling a boom for local manufacturers and leading China to become the top global market for the production and sale of fake goods. The Decline of the West.

Consumer 130