While Black Friday 2020 is expected to be the most profitable shopping event to date, many brands and retailers are also adopting and implementing a new selling trend, recommerce, which involves the exact opposite action implied in Black Friday: labels buy back second-hand items from consumers.
We Are Pentagon is proud to announce the opening of its third UK warehouse to support retailers on a mission to expand their online sales. The new warehouse, situated in Derbyshire enables the Pentagon team to enhance the support given to brands and retailers while crucially streamlining the fulfilment of products purchased from Pentagon’s own Arcade store.
MEET ONBUY: THE WORLD’S FASTEST GROWING MARKETPLACE
This week OnBuy announced 600% revenue growth for the second year running, having also revealed 24,000% GMV growth at the end of this fiscal year – just four years after the marketplace launched. With such extraordinary results as the marketplace continues to go from strength to strength and an exclusive ITV advertising campaign in the bag, I caught up with OnBuy Founder and CEO, Cas Paton to discover the secret behind the marketplace’s success.
Meet Fruugo: the marketplace on a mission to simplify cross border trade
For brands and retailers looking to expand internationally, online giants such as Amazon and eBay are often the first marketplaces which spring to mind. But what other key marketplace players can help you sell online?