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Reseller

From Wikipedia, the free encyclopedia
Company or individual that buys goods or services for resale
Branded Jeans on hanger inside of a local thrift store, with a price tag listed at $13.99.
American Eagle Outfitters jeans for sale at a thrift store

Areseller is acompany or individual (merchant) that purchasesgoods orservices with the intention of selling them forprofit rather than consuming or using them. Resale can be seen in everyday life from yard sales to selling used cars.

Reselling creates a circulation of products, which extends the lifespan of products and reduces the amount of waste inlandfills; a used clothing purchased over a new one saves an average about 1 kg of waste, 22 kg of CO2, and 3,040 liters of water.[1]In 2023 the apparel resale market in the US reached approximately $193.7 billion.[2]

A floral summer top/blouse on hanger inside of a thrift store, with price tags listed at $4.29.
Women's blouse at aGoodwill

Thrift stores

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Dating back to theMiddle Ages, trading ofsecondhand clothing continues in the 21st century.[3] Examples of thrifting organizations includeThe Salvation Army andGoodwill.

Online resellers

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The RealReal,Vestiaire Collective, Hewi, Collector Square,Depop,eBay,StockX, Chrono24, and Dotte are active in the online reselling market.

Software and telecommunications

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Intelecommunications, companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers.Asoftware reseller is aconsultant who sells the software from large companies under alicence,[4] having no legal employment status with the parent company and generally operating on afreelance basis.[citation needed] Software resellers work withsmall and medium enterprises (SMEs), local businesses and niche operators. This benefits the software house as they may not hold the resources for the legwork needed to spread their network on a lower scale.[citation needed] While it benefits the reseller because they can build up networks of smaller clients and become a single point of contact for them for every aspect concerned with the software, be it advice, training or updating.[citation needed]

See also

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References

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  1. ^Pithers, Ellie (15 January 2022)."The Rise Of Resale: How Second-Hand Became Fashion's First Port Of Call".British Vogue. Retrieved2024-03-17.
  2. ^"Apparel Resale Market Report Overview".Global Data. November 30, 2023. RetrievedMarch 17, 2024.
  3. ^Cote, Jillian (March 4, 2021)."Thrifting through the ages: How we've strayed from central values".The Arizona State Press. Retrieved2024-03-18.
  4. ^Karl M. Popp; Ralf Meyer (2010).Profit from Software Ecosystems: Business Models, Ecosystems and Partnerships in the Software Industry. Norderstedt, Germany: BOD.ISBN 978-3-8423-0051-4.

External links

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Media related toResellers at Wikimedia Commons

Look upreseller in Wiktionary, the free dictionary.
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