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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University. Nike Dunks represent nearly 50% of Nike sales at Goat and Fight Club.

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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

They’re looking for the best deal and are probably going to use the web to do price shopping. That means retailers have to be transparent with their pricing, but they can go further. That would be a service price-sensitive consumers couldn’t get anywhere else. Orschell: For me, there were three surprises.

Consumer 278
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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

Traditional retailers are not sitting back watching this market grow. In 2019 Foot Locker invested $100 million in resale platform GOAT, its largest investment ever at the time. StockX is now valued at $3.8 For example, a pair of Travis Scott x Air Jordan 1s retailed at $175 but sold for $800 on StockX.

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The Brilliant Strategy Behind Supreme’s Success

Indigo 9 Digital

The popularity of the brand which sells jackets, hoodies, t-shirts, and other accessories online as well as in its stores caught the eye of private equity firm The Carlyle Group which made a $500 million investment in the brand in 2017 valuing the company at $1 billion. Having the drops occur at a specific time reinforces this habit.

Apparel 111
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Off-Price Retailers, the Secrets to their Success

Indigo 9 Digital

That’s what the founders of off-price stores like T.J.Maxx and Burlington Stores thought when they first opened their doors. Whether times are good or bad consumers flock to these stores in search of designer goods at low prices. Off-price retailers are benefiting from troubles retailers higher up the value chain are facing.

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

When your old clothing sells, you’ll be sent a shipping label so you can drop the item off at a postal dropbox. Simply add a description and a photo of the item alongside the price. Once the item sells and the buyer receives it, you print your shipping label and ship the package at the drop-off point within five days.

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How to Sell on StockX

Small Biz Trends

At its core, StockX is a resale market used for authentic sneakers (i.e., Buyers can find sneakers at less than the retail price, making it an attractive purchase for them, especially for a serious sneakerhead! When it comes to setting the asking price, it’s crucial to be competitive. What is StockX?