resale market
Used goods exchange
A resale market is where previously owned goods are bought and sold—the secondary market for items that have already had at least one owner.
The term covers everything from used car lots to vintage clothing shops to online platforms for secondhand goods: The resale market for luxury handbags has exploded.
Unlike retail markets selling new items, resale markets depend on existing supply circulating among buyers.
- resellersThose who retail others' goods
- dealersThose who sell merchandise
- thrift shopsRetailers of donated merchandise
- online marketplacesWebsites facilitating commercial transactions
- auction housesFirms selling to highest bidder
collectors · pawn shops · pricing models · price check · flea markets · brokers · consignment shops · buyers · buyer beware · estate sales · e-commerce platforms · sneakerhead · wholesalers · Craigslist · profit margins · appraisers · depreciation · haggle
- secondhand shoppingthrift store, thrift shop, garage sale, yard sale, estate sale
- Sneaker Culturesneakers, kicks, sneakerhead, sneakerheads, deadstock
- Timesharestimeshare, vacation ownership, points system, shared ownership, right to use
- sustainabilityreduce, reuse, recycle, sustainable yield, recycling programs