Welcome!

News Feed Item

The RealReal Wins Over eBay Luxury Power Sellers by Delivering Faster Sales and No Hassles

SAN FRANCISCO, March 31, 2014 /PRNewswire/ -- Luxury power sellers are moving their resale businesses away from eBay and to The RealReal, the leader in authenticated luxury consignment. The RealReal (TRR) has successfully built the largest marketplace for fully authenticated luxury consignment in the U.S. It is winning power sellers from eBay by removing the pain points of selling on a do-it-yourself platform. The results are faster sales, quicker payouts, and elimination of time-consuming logistics.

The RealReal Wins Over eBay Luxury Power Sellers by Delivering Faster Sales and No Hassles.

eBay luxury power seller Michelle from All My Favorites and More, states, "Since I moved my luxury business to The RealReal nine months ago I have seen a 30% increase in sales over my eBay store. I no longer have to deal with customer service, shipping product, returns, lost shipments, customer complaints, etc… I get to focus on the fun part of reselling, buying awesome stuff and getting paid for it!"

Julie Wainwright, CEO, The RealReal notes, "It is our mission to bring buyers and sellers of consigned luxury goods together across all luxury categories in an environment that ensures product authenticity, high volume, fast sales, and superior service."

A Los Angeles area TRR seller comments, "I started selling on TRR last October and sales have steadily increased month over month. I will shift more inventory to TRR given the positive results. I currently sell approx. $15,000 per month on TRR. I plan to increase sales to $25,000 per month and beyond. My eBay sales have dropped dramatically (down 75%) since their peak in 2011."

The RealReal streamlines the sales process for small business sellers in 4 key areas:

1.)      Hassle-Free Operations 
Sellers ship to The RealReal for free and its team handles insuring, receiving, inventory management, billing, shipping & returns, as well as ongoing customer service.

2.)      Expert Merchandising  
Its experienced merchandising team authenticates the products, professionally photographs each item, and merchandises through beautifully curated sales.

3.)      Fast Sell-through  
On The RealReal 75% of items sell within 3 days to a marketplace of over 2M members.

4.)      More Money, Fast Payment  
The RealReal collects the revenue, and the seller gets paid up to 70% of the sale price each month!

The RealReal has jumped far ahead of competitors within the luxury resale market since its 2011 inception. It has landed in a sweet spot that weaves together authenticated luxury consignment with superior service, savvy merchandising, and ecommerce technology.

About The RealReal
The RealReal is the leader in authenticated luxury consignment and was founded in 2011. We offer the largest marketplace of designer brands such as Chanel and Louis Vuitton; fine watches and jewelry; and fine art. Our staff of authenticators, horologists, licensed gemologists and art curators accept tens of thousands of new products into our warehouses each month. We have won favor with consignors and buyers as a next-generation luxury consignment site by providing guaranteed authenticity of product and a superior consigning and shopping experience. Sellers receive up to 70% of the sales price of their items, buyers enjoy 90% off retail for superior quality luxury items. www.therealreal.com/consign

Logo - http://photos.prnewswire.com/prnh/20140331/NY93399LOGO

SOURCE The RealReal

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...