The biggest fashion trend for 2019 goes beyond animal prints or tie-dye… it’s actually secondhand clothing. The apparel resale sector has grown an astonishing 21x faster than the primary retail apparel market over the past three years. And according to a recent report by ThredUp, it shows no signs of slowing down. For B-Stock buyers, reselling apparel offers a huge opportunity to expand a current business or start a new one.
Consider this: 56 million women bought secondhand products in 2018, up from 44 million just the year prior. Specifically, women aged 18-37 are adopting secondhand apparel faster than any other age group, driving the growth of this sector. Why you may ask?
There are several reasons this resale trend is taking off with shoppers; including the growing customer desire for sustainability, variety, and affordability in clothing. Let’s take a closer look:
There’s a growing preference to purchase from an environmentally-friendly brand; not to mention, buying one used item reduces that item’s carbon footprint by 82%. Plus, choosing used reduces textile waste.
Whether it is for social media snapshots or just a desire to wear frequent new styles, purchasing secondhand allows affordable new arrivals for shoppers.
By purchasing secondhand, shoppers have access to items or brands that would otherwise be out of their price range.
With mobile apps and personalization, it is just as easy to shop for used clothes as it is new. This is attracting a whole new generation of secondhand shoppers.
So you’d like to join this booming market of reselling apparel. Well, B-Stock is the perfect place to begin. We offer plenty of apparel marketplaces for you to source from including Zulily Liquidation Auctions, QVC Liquidation Auctions, Macy’s, JCPenney Liquidation Auctions, our own private B-Stock Supply marketplace, and more. If you’re not already a registered B-Stock buyer, read our blog Buying Basics: How to Become a B-Stock Buyer Part 1 to get started!
After sourcing from one of our many apparel marketplaces and you’re ready to resell… where do you go? While some of our larger buyers are able to sell clothing in their physical stores, many of our buyers take their inventory online utilizing popular secondhand shopping sites like ThredUp, Poshmark, TheRealReal or eBay. Additionally, buyers may set up their own storefronts online. For tips to get started reselling online, check out our blog Reselling Revealed: Get the Most for Your Money Selling Apparel on eBay.
Happy sourcing and reselling!