Luxury resale platforms are relying on consignment to bring in more supply
Both eBay and Rebag have launched consignment models on their respective platforms in the last month. Consignment differs from the original selling models of both platforms. EBay is primarily a peer-to-peer marketplace, where sellers sell directly to buyers and use eBay to host the listing. Rebag, on the other hand, has historically offered a buyout model, where Rebag itself purchases the products at a fixed rate and resells them itself at a later date.