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Rising prices and merchandise shortages in primary markets have helped fuel re-commerce growth. Vice President Chris Ventry was featured in “Secondhand Surge: Inflation, Product Scarcity, and New Tech Platforms Fuel Resale Market” for Co- By US Chamber of Commerce article looking at the shifting motivational forces of second-hand shoppers.
Chris notes how resale shopping has shifted, “Sustainability and environmentally friendly roots of re-commerce were primary conversion drivers – now consumers are shopping resale for a more traditional reason – to save money. While sustainability is still a consideration…we’re back to price being the primary motivator.”
Read the full article here.
Chris Ventry serves as a Vice President in the Retail & Consumer Packaged Goods practice at SSA & Company