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Amid Supply Chain Woes, One Area of Retail Has a Product Glut — Resale

Retail TouchPoints

And increasingly, consumers are reselling those items rather than leaving them to gather dust or putting them out on the curb — particularly as a growing number of digital resale platforms make that process easier than ever before. Shifting Consumer Sentiment Lifts Secondhand Stigma. billion items. ‘Tis the Season for Secondhand.

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Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet

Retail TouchPoints

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. 24, 2020), or 2.4% However, the larger story of holiday 2020 is still being written. 11 through Dec. during the traditional Nov.

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How Ebay is Separating Itself from the Marketplace Pack with a Focus on ‘Enthusiasts’

Retail TouchPoints

But competition in both arenas also has increased exponentially, and when it comes to technological innovation and general user experience, there’s no denying that Ebay has fallen a bit behind some of its competitors. In fact, we’ve seen that this group spends 9X more than the non-enthusiast buyer across all categories.

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Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. The auction-based website is now available to consumers in Arizona.

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How Advanced Search Helped FastGrowingTrees.com Reach New Heights

Retail TouchPoints

2020 was a banner year in general, as FastGrowingTrees found itself at the epicenter of a number of major consumer trends — an ecommerce boom , the stay-at-home economy and a shift to the suburbs. Our #1 challenge is awareness, and by that I mean category awareness , not brand awareness.”.

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Southeast Asian retailer Shopee’s long path to profit: Are we there yet?

Inside Retail

Shopee opened for business as a consumer-to-consumer (C2C) marketplace in the first quarter of 2015 and evolved into a hybrid B2C/C2C business model that by late 2019 was growing fast. Its revenue growth hit 160 per cent in 2020 and 136 per cent in 2021, which translated into an increase in dollar terms from US$835 million to US$5.1

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Jason & Scot Show Episode 250 – Recap of Holiday 2020

Retail Geek

This week we recap the commerce results for Holiday 2020 (including the data sources you can use to get a read for yourself), give an update on #shipageddon, and cover some industry news. 2019 2020 YoY %Ch Stores $864.69 $822.79 -4.8% Scot: [0:54] 2020 one here get you out of the. Online $140.28 $190.47 Total $1004.97 $1013.26