Tag: resale

Online Thrifting in the Age of AI: How to Preserve the Treasure Hunt Experience

My favorite thing about thrifting is the treasure hunt. You never know what you’ll find or how good of a deal you’ll get. Thrift stores and garage sales have always been my go-to, but the internet has brought us even more options. Platforms like eBay, Etsy, Craigslist, and Facebook Marketplace offer a million possibilities for finding secondhand items. Some are even industry-specific, like Vinted and ThredUp in the fashion industry. Thrifting has always brought me joy and excitement, but some people worry that the fun of the treasure hunt might be coming to an end.

With new technologies, especially AI, everything is becoming a lot more “optimized”. If algorithms can quickly find the hidden gems, what’s left for people like us? Today, we’ll see how technology has impacted online thrifting and the secondhand market, and how the experience has changed over the years.

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Why Retailers are Launching Their Own Resale Platforms: The Case of Decathlon

I can’t help feeling angry when I see people throwing out perfectly fine products just to make room for new stuff. Not that I worry about them making easy money from reselling the items, but because of the waste of resources involved, especially when there are so many online resale platforms available. Many focus on fashion-related items, but we are starting to see more for other products. Only a few days after posting about Shein’s resale product, I read about the sport retailer Decathlon’s new resale platform for their products. And I thought, it is about much more than just pricing. Thinking about it, I can see many more reasons why companies are starting their C2C resale channels.

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