High quality fashion goods are a currency that is gaining liquidity with the emergence of e-commerce re-sale sites.
The re-sale sites enable owners of premium products to sell their goods for instant cash. The new business models also cater to consumers searching for good deals on great products.
The best values are found in the labels that do not discount, such as Louis Vuitton, Hermes, and Chanel. Classic designs are recommended selections over fashion fads as well, the San Francisco Chronice reports.
If you’re thinking about trading Benjamins for Louis, you’re in luck; entry into the designer marketplace has never been easier. “What we do is make every brand accessible,” says Sarah Davis, founder and CEO of SoCal-based Fashionphile, a designer handbag resale website with a showroom on Maiden Lane in San Francisco.