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Recommerce

Recommerce

Recommerce, or 'reverse commerce,' is the selling of previously owned, new, or used products, and includes buyback, trade-in, and upcycling models.

OverviewStructured DataIssuesContributors

Contents

Is a
Industry
Industry

Industry attributes

Parent Industry
Sustainable commerce
Sustainable commerce
E-commerce
E-commerce
Child Industry
‌
Ticket resale
‌
Computer resale
‌
Clothing resale
‌
Upcycling

Other attributes

Wikidata ID
Q281077

Recommerce or reverse commerce is the selling of previously owned, new or used products, mainly electronic devices or media such as books, through physical or online distribution channels to buyers who repair, if necessary, then reuse, recycle or resell them.

Some applications are already being deployed to enable brands to participate directly in the recommerce process - gathering data, and offering the opportunity to connect with the consumer and share in the value of the resale transaction.

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Companies in this industry

Further Resources

Title
Author
Link
Type
Date

There's A Quiet Revolution Underway With Recommerce

Niall Murphy

https://www.forbes.com/sites/niallmurphy/2021/02/17/theres-a-quiet-revolution-underway-with-recommerce/

Web

February 17, 2021

References

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