Chart of the Day: eBay all the way

eBay is the most popular site for secondhand luxury fashion and accessories [Insider Intelligence]( [Chart of the Day]( of the Day]( Charts. News. Analysis MAY 8, 2024 [eBay is the most popular site for secondhand luxury fashion and accessories]( [eBay is the most popular site for secondhand luxury fashion and accessories ]( Key stat: 57% of US adults have used eBay to purchase secondhand luxury fashion and accessories online in the past year, according to March 2024 data from CivicScience. Beyond the chart: - eBay marketplace sales will decline 1.1% YoY in 2024, reaching $35.02 billion in the US, according to our March 2023 forecast. - Last September, eBay launched a luxury consignment service, helping sellers photograph, price, and list their products. It also rolled out an AI-powered authenticity guarantee. - This follows a difficult start of the year for eBay amid competition from popular platforms such as The RealReal and thredUP and [slowing growth in the luxury retail market](. In January, the company announced a cut of 9% of its full-time staff, amounting to around 1,000 jobs. Use this chart: - Evaluate luxury resale platforms for ad opportunities. [Read online]( More like this: - [What’s Whatnot? Meet the livestream platform that’s coming for TikTok Shop and eBay]( - [AI technology has the potential to revolutionize online resale]( - [Ecommerce resale is growing slower than previously expected]( - [US Resale 2024]( (EMARKETER subscription required) More Chart of the Day: - 5/7 - [Privacy states]( - 5/6 - [Digital wallet watch]( - 5/3 - [Trends in booze buying]( - 5/2 - [Payments get personal]( - 5/1 - [The kids are online]( EMARKETER has over 3,000 charts visualizing trends across digital advertising, ecommerce growth, Gen Z behavior, and more, that our clients utilize to add credibility to their strategy presentations and demand generation messaging. See more [charts](. Was this email forwarded to you? Sign up [here](. Email sent to: {EMAIL} If you cannot view the HTML newsletter, [please read it in your browser here](. [Become a Premium Subscriber]( | [Advertise with us]( [Manage your email preferences]( | [Unsubscribe]( | [Terms of Use]( | [Privacy Policy]( ©2024 EMARKETER, One Liberty Plaza 9th Floor, New York, NY 10006 [LiveIntent Logo]( [AdChoices Logo](