For those on the bleeding edge of luxury fashion, items tend to be highly seasonal, but Rebagg is an online marketplace that benefits those who don't mind being a season or two behind. The site serves as a second market for luxury fashion apparel and accessories, letting fashionistas retain some of the value on their used items while benefiting those who aren't able to make firsthand purchases.
Rebagg, which is accessible both as a browser platform and a mobile app, lets users submit their used items easily. After taking pictures and submitting them through the service, users will receive a guaranteed quote in two or fewer business days. Once quoted, Rebagg offers free pickups in New York City or free prepaid shipping to anywhere in the US. Finally, once shipped, Rebagg will send the seller cash up front — avoiding dicey practices like consignment entirely.
Key Themes Behind This Trend
- Online Second Market
- Disruptive innovation opportunity: Develop a platform that specializes in selling second-hand luxury goods online.
- Luxury Resale
- Disruptive innovation opportunity: Create a marketplace specifically for luxury resale that provides convenience and guaranteed quotes for sellers.
- Mobile Resale Apps
- Disruptive innovation opportunity: Build a mobile application that allows users to easily sell their used luxury fashion items and receive cash upfront.
Where This Applies
- Fashion E-commerce
- Disruptive innovation opportunity: Explore ways to integrate luxury resale into existing fashion e-commerce platforms.
- Logistics and Shipping
- Disruptive innovation opportunity: Develop innovative logistics and shipping solutions to facilitate the pickup and delivery of luxury fashion items for resale.
- Mobile App Development
- Disruptive innovation opportunity: Create custom mobile apps that offer seamless user experiences for luxury resale transactions.
