EBay's new service can make fashionistas very happy
Selling that designer bag taking up space has never been easier.
There is a new way to do away with last season’s bags.
EBay (EBAY) - Get Free Report, the online marketplace enabling users to buy and sell everything from electronics to cars, is making it easier for fashionistas to part ways with their pre-loved designer items with the launch of their new luxury consignment service.
The new feature will connect users with expert sellers who will sell their designer pieces on their behalf through a seamless and insured process from start to finish.
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EBay has partnered with Linda Lightman, the founder of luxury consignment retailer Linda’s Stuff, to power the service at launch. In a statement, eBay noted her 20 years of experience on the platform and her “unrivaled expertise” with designer goods.
The service will initially launch for designer handbags by brands such as Louis Vuitton, Hermès and Chanel, however, they plan to expand into more categories such as jewelry and watches starting next year.
EBay has been making leaps in establishing itself as a trusted marketplace destination for style-conscious shoppers. Recently, they expanded their authenticity guarantee program to cover pieces from coveted streetwear brands like Off-White, Kith and Supreme, and acquired Certilogo - an AI-powered authentication provider used by many designer fashion brands.
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Additionally, the site also launched their Certified by Brand feature, which allows for brands and their authorized resellers to sell directly on the marketplace.
EBay global general manager of luxury Tirath Kamdar said in a statement that the introduction of the consignment service builds on its efforts to legitimize their platform as a trusted marketplace and that their “top priority is to respond to the ever-evolving needs of our customers, and continuously delight luxury shoppers and sellers.”
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