From resale-as-a-service to collectibles resale, we look at the recommerce startups helping brands, retailers, and individual sellers generate revenue and connect with their customers.
Resale continues to grow. By 2027 the market is expected to hit $250B globally, more than double its size in 2022, according to the Ellen MacArthur Foundation.
While resale stands as a new revenue opportunity for brands, they are running into a number of challenges when it comes to launching their own resale operations. For one, the market is becoming much more fragmented and specialized. Additionally, logistics, shipping, and critical capabilities like quality control and fraud management are also expensive to scale and implement.
Resale tech solutions are popping up to address these challenges, and these solutions are becoming more specialized as well. For example, the rising demand for luxury resale is increasing the need for product authentication and verification solutions. Amid the shift, marketplaces that employ professional product inspectors, like Subdial, or use multi-factor authentication to combat fraudulent sellers, like Realseller, are gaining traction.
Using CB Insights data, we identified 87 early-stage recommerce companies operating across resale-as-a-service, electronics resale, and more.
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