Resale is the acquisition of an asset from a wholesale seller, followed by the sale of that asset to a retail buyer at a higher price.
In order to provide value as a reseller, you must:
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A Product is a tangible form of value. To run a Product-oriented business, you must:
If your product costs more to produce than it does for the retailer to sell, then there’s no point trying to get it into stores. Retailers want at least two or three times markup on the wholesale price that they will pay for your items, so you need to work out how much this is an...
“The process of buying an Hermès Birkin bag on the primary market is shrouded in mystery to keep the allure of exclusivity,” says Charles Gorra, founder,CEO of luxury resale site Rebag.
The boutiques are there so you can put your name on a waiting list for the bag, but there’s no guarantee ...
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