LearningsWEBINAR: tHE RECOMMERCE CUSTOMERAnd Why Recommerce MattersIn this webinar, FloorFound CEO Chris Richter explores: Who the recommerce customer is Why consumers shop resale The benefits brands can experience by participating in resale We showcase examples of the considerable financial & sustainability benefits brand experience as a result of launching a recommerce program. Additionally, Chris discusses how brands can turn returns …
BLOG6 Reasons Why Recommerce Is Here to Stay in 2023Key Points: Recommerce saw a boom in 2022 that is expected to continue in 2023 Brands from a variety of industries including apparel, furniture, appliances, fitness, and retail are launching recommerce programs to capture lost revenue from returns Consumer appetite for secondhand items has also seen considerable growth, as nearly 70% …
BlogThe Recommerce Marketplace GuideA Powerful Opportunity to Make a Positive ImpactRecommerce is here to stay. What started as a way to shop for thrift apparel online has evolved into an ever-expanding marketplace of recommerced goods — from pre-loved shoes to open-box appliances and everything in between. Buying resale is easier than ever, with new recommerce marketplaces popping up every day. The …
BlogThe Economics of RecommerceA Powerful Opportunity to Make a Positive ImpactReturns are on the rise, with rates spiking to 16.6% of items purchased in 2021 — up from 10.6% in 2020. Retailers were already challenged with handling this type of inventory, and now they’re finding themselves with even more of it to manage. Many have been forced into asking the …
LearningsWEBINAR: The Economics of RecommerceHow A New Solution Turns Returns Into Found Profit ACCESS THE FULL VIDEOEnter your email below to watch the webinar in full. SUBMIT Thank you! Returns and reverse logistics historically have been sunk costs for brands, especially in the oversized market. But as economic pressures have consumers tightening their belts, resale continues to gain momentum as an …
LearningsSabai Case Study – Sustainable Furniture Brand’s Resale ProgramContinuously Pushing the Limits of CircularitySabai Design’s cofounder Phantila Phataraprasit was attending law school when she decided to start a comprehensively sustainable furniture business. She grew up running ecolodges with her mother in Thailand and was no stranger to the patience required for a sustainable business. And while Phataraprasit has been successful …
Blog6 Sustainability Tips For Brands From ESG ExpertsA Powerful Opportunity to Make a Positive ImpactThere’s no one-size-fits-all solution to becoming a sustainable business, but there are plenty of brands, practitioners, and experts available to help companies of all sizes develop their own sustainability strategies. In closing of our circular themed pop-up shop in NYC with Sabai and Cambium Carbon, we …
LearningsDesigning for Sustainability PanelA Powerful Opportunity to Make a Positive ImpactIntegrating circular and sustainable practices into your business is not simple, and is particularly hard when those practices were not foundational to the business. But, there are brands, practitioners, and experts who are creating blueprints that any business can use to design and evolve their own sustainability strategies. Learn how …
Blog7 in 10 Americans Are Turning to Resale As Inflation Shifts Their Shopping HabitsA Powerful Opportunity to Make a Positive ImpactShoppers are turning to resale as inflation shifts their shopping preferences and behaviors, according to FloorFound’s recent sustainability survey. 600 people were surveyed about their thoughts on recommerce, and the top two reasons why shoppers embrace this trend is because …
LearningsSurvey Results – Resale: The “Killer Combination” of Price and Sustainability to Help Protect the PlanetA Powerful Opportunity to Make a Positive ImpactThe circular economy is expanding rapidly as more consumers look for ways to live more sustainably. In a recent global study, 85% of people indicated that they’ve shifted their purchase behavior in the past five years toward being …
