the.com/resale
buying something new only to sell its almost-newness for a markup.
means the act of selling a previously purchased item again, usually at a price shaped by scarcity, not shame.
from from french resaler roots via commerce, the term just means to sell again, but the modern sense exploded with sneaker culture and ticket scalping in the 2000s, when demand outran supply and the internet gave everyone a storefront.
sneaker resalea billion dollar market built on shoelaces
depreciationcars lose most value in resale, not use
tickets flipscalping predates the internet by centuries
for instance
stockx — sneaker resale marketplace valued over 3.8 billion in 2021
labubu resale — blind box figures reselling for 10x retail in 2023
jordan 1 chicago — retailed at 160 dollars, resells for thousands