
More consumers are becoming comfortable buying through social media

While the report focuses mainly on Poshmark's users, it nevertheless provides better understanding of the overall resale market, where the latter is reported to reach $51 billion in five years. The report also discusses the growth of secondhand and resale market.
Of emphasis is that secondhand goods are more popular with younger audience, where 16.5% of secondhand items were bought by Gen Z, followed by Gen X at 14, millennials at 12.5%, and boomers at 9.5%. Inversely, older generations preferred buying items from department stores.
I sometimes buy items on Facebook Marketplace, particularly if they're unavailable elsewhere. What about you? Do you see social media as a new ecommerce platform? Chime in.
George Troy Marketing on Youtube
>> Kindle books on Sales by Jason Kanigan
The Only Plugin You Need to Drive Traffic to Your Blog Best Part is It Free

The Only Plugin You Need to Drive Traffic to Your Blog Best Part is It Free
