Digital Boom in the Resale Market
The internet revolutionises the resale market, creating new opportunities to sell items for a profit. According to ThredUp, the clothing resale segment is expanding 15 times faster than traditional retail, with the U.S. market forecasted to hit $73 billion by 2028. This surge invites individuals to explore reselling as a side hustle with minimal entry barriers. Read more about this trend.
Engagement in resale provides potential for income growth. The choice of goods ranging from vintage clothing to electronics determines profitability. Platforms like eBay or Depop tailor to different markets, optimising sales. Reselling offers flexibility and low overheads, making it a promising venture. Would you consider reselling as a way to make money? Share your thoughts!