✉news LifeFashion first seen 3 d ago, last 2 d ago, peak #5
Resale platforms turn to auctions for deals and data
Original: Fashion Briefing: Resale platforms and buyers are embracing auctions as a source of deals and data
Fashion resale platforms and their buyers are increasingly embracing auctions, using them both to secure bargains and to gather pricing data. According to a Fashion Briefing report, auction formats are becoming a meaningful tool in the secondhand market, helping sellers gauge demand and buyers find items below fixed-price listings. Industry observers see auctions as a growing driver of the resale economy.
Why now: Auction formats are gaining traction in the fast-growing fashion resale market as a way to price items and find deals.
Glossyfashion resale platforms
Evidence
- Fashion Briefing: Resale platforms and buyers are embracing auctions as a source of deals and data · Glossy
API: https://socialmediatrends-api.osmike.com/v1/trends/2316203