ReCommerce

Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
Onbe and ScrapRight Enable Digital Payouts by Scrapyards, Recycling Centers
April 11, 2024  |  Digital Payments

Onbe and ScrapRight have partnered to help scrapyards and recycling centers make instant digital payouts to sellers. With this partnership, Onbe’s digital payouts gateway has been integrated with...

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58% of US Consumers Sell Used Clothes to Earn Extra Money
58% of US Consumers Sell Used Clothes to Earn Extra Money
April 10, 2024  |  Consumer Finance

In the latest edition of “The Paycheck-to-Paycheck Report: High-Income Consumers Lead Surprising New Data on Side Hustles,” PYMNTS Intelligence explored a variety of methods U.S....

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Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
March 06, 2024  |  eCommerce

As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go...

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The RealReal Taps Personalized Messaging to Drive Loyalty
The RealReal Taps Personalized Messaging to Drive Loyalty
February 29, 2024  |  eCommerce

Amid ongoing consumer belt-tightening, The RealReal is seeing personalized messaging go a long way toward incentivizing spending. John Koryl, CEO of the luxury resale marketplace, shared...

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Wish Unveils Trade-In Program as Consumers Embrace Resale
Wish Unveils Trade-In Program as Consumers Embrace Resale
February 26, 2024  |  Retail

Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones,...

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Epson Takes a Tip From Apparel Retail With New Secondhand Play
Epson Takes a Tip From Apparel Retail With New Secondhand Play
February 14, 2024  |  Retail

With clothing and footwear brands increasingly turning to resale programs to reach cost-conscious consumers and drive loyalty, Epson is noting the opportunity to apply a...

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Vendidit Launches Platform Connecting Retail Returns With Secondary Market
Vendidit Launches Platform Connecting Retail Returns With Secondary Market
February 07, 2024  |  Retail

Vendidit, an artificial intelligence (AI)-powered software platform focused on the secondary market for retail returns, launched Wednesday (Feb. 7). The company’s proprietary AI can connect...

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Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024  |  Retail

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their...

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Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024  |  Retail

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their...

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