Young shoppers and cross-border commerce drive re-commerce success
Millennials and Generation Z thrive on trends that allow them greater creativity and value. Re-commerce offers everything they love and more. Any stigma once attached to the thrift market has been greatly reduced for these demographics.
China’s re-commerce market generates $60 billion alone. Retail leaders in any industry can benefit from a closer look at China’s experience with this increasingly popular approach to sales, sustainability and status at a bargain price.
The re-commerce trend is just getting started. Retailers of all kinds can expand their original business model to satisfy this rapidly growing market. The main things to keep in mind apply to any solid retail strategy: smart pricing models, quality goods and digital engagement. Cues from the success of re-commerce can influence growth for any retail leader who’s willing to listen.