Remove Fulfillment Remove Marketing Remove Thrift Store
article thumbnail

Goodwill Shutters Online Marketplace GoodwillFinds

Retail TouchPoints

Complicated Competitive Dynamics GoodwillFinds.com was launched in October 2022 in a bid by the 120 -year-old thrift store chain to grab a larger piece of the growing online resale market. You can also keep supporting Goodwill by shopping at your local Goodwill store.

article thumbnail

The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Unlike conventional retail, where stock is predictable and replenished regularly, thrift stores and resale platforms offer the sense of adventure and unpredictability. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37

Shopping 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Unwanted to Pre-Loved: the Branding Lessons from Poshmark and Mercari

Retail TouchPoints

What were previously unwanted and undesirable items dumped at a thrift store have become valued as pre-loved items, full of potential for their next owner. However, as competition grows with new entrants joining the market, brand differentiation will need to increase further among the main players.

article thumbnail

Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate.

article thumbnail

Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Retail TouchPoints

Authenticity has become a marketing buzzword in its own right, but members of the Z Suite agreed that they want to feel emotionally connected to brands they buy from. They also want to feel represented in marketing materials and even in product design. With Allie, it was a no brainer.” With Allie, it was a no brainer.”

Consumer 328
article thumbnail

‘OG’ Reseller Goodwill Wants a Piece of the Online Action

Retail TouchPoints

Goodwill is the OG of thrift stores,” said Matthew Kaness, a retail OG in his own right, who recently joined as CEO of GoodwillFinds.com. With the scale of the of the operation — $4 to $5 billion a year, mostly store-based — it feels like the giant has woken up and is now looking to take its rightful place. The OG Advantage.

article thumbnail

35 Low Cost Retail Business Ideas

Small Biz Trends

Many stores are now online or even completely mobile. However, with the right retail business idea in the right market, any type of storefront can still succeed. Thrift Store. Thrift stores sell secondhand goods like furniture, clothing, and home decor at discounted prices. Online Store. Local Market.