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Reseller

Company or individual that buys goods or services for resale

Company or individual that buys goods or services for resale

A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them for profit rather than consuming or using them. Resale can be seen in everyday life from yard sales to selling used cars.

Reselling creates a circulation of products, which extends the lifespan of products and reduces the amount of waste in landfills; a used clothing purchased over a new one saves an average about 1 kg of waste, 22 kg of CO2, and 3,040 liters of water.{{Cite web |access-date=2024-03-17 In 2023 the apparel resale market in the US reached approximately $193.7 billion.

A floral summer top/blouse on hanger inside of a thrift store, with price tags listed at $4.29.
Goodwill

Thrift stores

Dating back to the Middle Ages, trading of secondhand clothing continues in the 21st century.{{Cite web |title=Thrifting through the ages: How we've strayed from central values |access-date=2024-03-18

Online resellers

The RealReal, Vestiaire Collective, Hewi, Collector Square, Depop, eBay, StockX, Chrono24, and Dotte are active in the online reselling market.

Software and telecommunications

In telecommunications, companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. A software reseller is a consultant who sells the software from large companies under a licence,{{Cite book

References

References

  1. (November 30, 2023). "Apparel Resale Market Report Overview".
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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