Reseller
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them for profit rather than consuming or using them. Resale can be seen in everyday life from yard sales to selling used cars.
Overview
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them for profit 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 in landfills; 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. In 2023 the apparel resale market in the US reached approximately $193.7 billion.
Thrift stores
Dating back to the Middle Ages, trading of secondhand clothing continues in the 21st century. Examples of thrifting organizations include The Salvation Army and Goodwill.
Online resellers
The RealReal, Vestiaire Collective, Hewi, Collector Square, Depop, eBay, StockX, Chrono24, and Dotte are active in the online reselling market. The article talks about thrift flipping and how people use Depop to make a lot of money from secondhand clothes. Sellers find clothes at thrift stores for low prices and then sell them on Depop for a higher price. This can be a good way to give old clothes more chances to be used and save materials. However, people see a downside and see people selling old clothes for extremely high prices.
Software and telecommunications
In telecommunications, companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. A software reseller is a consultant who sells the software from large companies under a licence, having no legal employment status with the parent company and generally operating on a freelance basis. Software resellers work with small 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. 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.
See also
Value-added reseller Price discrimination First-sale doctrine Recommerce Ticket resale
External links
Media related to Resellers at Wikimedia Commons
Wikipedia contributors · Reseller · revision 1382723596 · CC BY-SA 4.0 · Plain text extracted and formatting adapted; tags derived from linked topics.