Introduction to The Brand Resale Index
The Brand Resale Index stands as a groundbreaking benchmark designed specifically for brands to gauge their performance in the ever-evolving $100 billion global resale market. This index, created in collaboration with OSF Digital, sets itself apart by being platform-agnostic, focusing on evaluating the adoption of best practices among 40 brands across four key industry verticals: Fashion/Apparel, Outdoor, Footwear, and Luxury. It meticulously assesses brands on 147 criteria that span brand positioning, commerce strategies, and the overall trade-in experience.
Key Insights and Discoveries
Among the plethora of brands analyzed, some remarkable leaders have emerged in the Resale Brand Leaderboard across different industry verticals. Noteworthy mentions include REI for their overall performance, Arc’teryx in the Outdoor sector, Amour Vert in Fashion/Apparel, On in Footwear, and Phillip Lim in the Luxury category. The allure of luxury brands is undeniable, with their rich history and esteemed products serving as the foundation of their identity. However, secondary markets are increasingly becoming instrumental in shaping the narratives around these prestigious brands. On the other hand, Outdoor brands have showcased a higher level of maturity in their resale strategies, while the Fashion/Apparel and Footwear sectors have experienced substantial growth and evolution over the past year.
Unveiling the Opportunities
It's evident that luxury brands have an expansive landscape of opportunities awaiting exploration. While traditional luxury goods hold an esteemed status, the secondary markets are carving out new avenues to narrate their stories and engage with a broader audience. The Outdoor sector's strong performance in the index highlights its established presence and strategic approach to resale. Moreover, the Fashion/Apparel and Footwear industries are witnessing considerable advancement, indicating a promising trajectory for brands looking to enhance their resale endeavors.
Empowering Brands through The Brand Resale Index
For brands seeking to unlock their full potential in the resale market, gaining free access to The Brand Resale Index can be a game-changer. By leveraging the insights and benchmarks provided by this comprehensive index, brands can refine their resale strategies, align with industry best practices, and craft a compelling narrative for their products. Whether you're a luxury brand aiming to expand your reach or a rising star in the Fashion/Apparel domain, the Brand Resale Index offers a valuable tool to define and amplify your brand's resale story.