The North America E-commerce market is anticipated to grow at a considerable CAGR of 11.7% during the forecast period (2021-2027). There are lots of reasons for which people stop using some products. Whether they are shifting to another place and unable to carry that product or need some urgent money in exchange for a certain product. Reselling is the best solution for all these problems. Some people are so techno-addict that they change their products as soon as another variant gets launched in the market, through selling the previous product they can get some money out of it. E-commerce platforms have given an opportunity to such sellers through which they can reach out to the potential buyer of any products. It only enables sellers in selling but also gives the opportunity to buyers to get expensive products at economical second-hand rates with proper quality analysis. Electronics, automobiles, and furniture are the most resold products on online retail platforms.
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Cars.com is one of the leading market players in North America for the car’s reselling. It provides complete assistance to the buyers to check the quality of products and other legal documentation. Additionally, it provides fair pricing of each product according to their model and usability. Letgo Global BV, ThredUp Inc., Poshmark, Inc., and Mercari, Inc. are few other market players which provide reselling of various used products including fashion products. Most of them used celebrity appearance strategy to build their position in the market, for instance, Poshmark had taken Ashton Kutcher and Rachel Zoe as their brand ambassadors. This reselling of products will show more growth in the near future through e-commerce platforms and take the subsequent share in the market.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By Product Type
· By End User
Regions Covered-
· United States
· Canada
· Mexico
· Rest of the North America
· Competitive Landscape- Apple Inc., Amazon.com Inc., Best Buy Co. Inc., eBay Inc., Home Depot Product Authority Inc., Wal-Mart Stores Inc., Nike Inc., Shop.com, and others.
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A full Report of North-America e-commerce Retail Market is Available at: https://www.omrglobal.com/industry-reports/north-america-e-commerce-retail-market
North America E-commerce Retail Market Report Segment
By Product Type
· Electronics
· Grocery
· Fashion
· Home Decor
· Healthcare
· Automobile
· Sports
· Beauty and Personal Care
· Kitchenware
· Other
By End User
· Business to Business
· Business to Customer
· Customer to Customer
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
