Wait till You Hear What Gen Zers are ReSelling!
It seems the entire world is interested in getting to know Generation Z.
They want to know our shopping habits, where we go, what we like & the list goes on. Sounds like we are aliens who landed on their planet because we are so different than regular humans. In many ways, we are aliens.
We may look like humans, but don’t have any similar behaviors they do. That is what makes us different.
We have grown up in a digital world. Which may as well have been another planet, that is how foreign we are to most of our elders. We live different lives but share the same planet.
One difference we have is our shopping styles.
Besides us browsing online for items, we also have other things on our mind.
One, is the resale value of our purchases. With sites like: Cash In My Bag, Tradesy, The Real Real, Ebay, And tons of others.
We are constantly thinking:
Is the purchase we are about to make, going to have a resale value?
Especially, if it is an expensive purchase.
JCKOnline says Gen Zers are, “often thinking about an item’s resale value at the time of purchase. Having grown up participating in the rapid hustle ’n’ flow of online commerce, they are the ultimate eBay-ers: “Instead of thinking about cost per use on a coat, they’re thinking about if they could sell it eventually at a profit.”
Many times, the resale value of an item is the deciding factor in my being able to convince my mother that this isn’t a waste of money purchase. Remember, she is the one paying. ?
I will show my parents examples on EBay & other sites of similar recently sold items. This is business.
If I want something that may be considered a ridiculous or not needed purchase in my parents eyes, then I must do the research in order to convince them that we will not be stuck with a worthless item.
It has resale value.
Benjamin Kickz is a perfect example of a generation Zer building a resale business that started to support his own love for sneakers.
I personally have resold numerous items on eBay& Craigslist.com like sneakers & jackets that I convinced my parents to purchase for me knowing I would grow out of pretty quickly. I let them know it would still be a smart purchase and not a total loss as they had resale value.
My sisters have sold their items on numerous sites, Craigslist to eBay & other resale websites to offset overspending for handbags, wallets, shoes, jewelry & other items.
Generation Z is cost conscious, as well as forward thinkers.
Offer us products & packaging that have a decent resale value & we will thank you by sharing it with the world & possibly reselling it one day.
You guys truly have a fantastic mindset!
Keep up the post I love reading them!
Hi Son
Yes people growing up are much more conscious about resale value. They should be. Why not?
A year old car with low miles can save you thousands. Buying handbags or anything lightly used on Ebay or many other sites saves so much of the profit that sellers make.
The internet has caused many sellers to go out of business and others to be fairer on their pricing. It is very easy to shop around and compare which was not the case many
years ago. Your golf cart is a good example. Many people think it is expensive and excessive but in reality it only costs what we paid less what we get when we sell it.
The enjoyment value is worth much more than that. Buying items for less with good resale value also let you buy more items!