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Goodwill Shutters Online Marketplace GoodwillFinds

Retail TouchPoints

Complicated Competitive Dynamics GoodwillFinds.com was launched in October 2022 in a bid by the 120 -year-old thrift store chain to grab a larger piece of the growing online resale market.

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The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Unlike conventional retail, where stock is predictable and replenished regularly, thrift stores and resale platforms offer the sense of adventure and unpredictability. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37

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From Unwanted to Pre-Loved: the Branding Lessons from Poshmark and Mercari

Retail TouchPoints

What were previously unwanted and undesirable items dumped at a thrift store have become valued as pre-loved items, full of potential for their next owner. However, as competition grows with new entrants joining the market, brand differentiation will need to increase further among the main players.

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Japan’s luxury secondhand sector gains popularity as tourism booms

Inside Retail

Attractive market Geo Holding, the parent company of secondhand clothing retailer 2nd Street, reported strong sales performance in its latest financial statement. Ogasawara added: Contemporary products tend to be popular across luxury secondhand markets. billion yen (US$5.4 billion) and accounted for 28.2

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Resale joins retail: Singapore’s growing appetite for secondhand fashion

Inside Retail

This isnt merely a new store opening its a quiet revolution. In much of Asia, secondhand shopping has been relegated to online resale apps, dusty thrift stores, or weekend flea markets.

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How to Start a Reselling Business: A Complete Guide for Beginners

Small Biz Trends

Successful entrepreneurs leverage market research to identify trends and customer demand. Identifying Your Niche: Defining a specific niche helps focus marketing efforts and addresses unique customer needs, enhancing branding and sales conversions. Common avenues include thrift stores, clearance sales, and online marketplaces.

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How to Start an Upcycling Business: A Complete Guide for Beginners

Small Biz Trends

Effective Business Planning: Establish a clear niche, conduct market research, create a comprehensive business plan, and outline funding and operational strategies for success. Market Appeal : Eco-conscious consumers seek unique, sustainable items, giving you a clear target audience.