Resell: meaning, definitions and examples

Etymology

• The prefix 're-' means 'again' in Latin, so 'resell' literally means 'sell again.'
• The word originated in English during the 20th century as commerce and trade evolved.
• It has grown in usage with the rise of online marketplaces and e-commerce platforms.

Economics

• Reselling creates a secondary market where consumers can access products at varying prices.
• It can be an opportunity for entrepreneurs to earn income by flipping items or starting business ventures.
• In many cases, reselling can lead to a circular economy, promoting sustainability through reusing goods.

Pop Culture

• Many popular apps allow for reselling items like clothing, electronics, and furniture, making it easy for individuals to join.
• Reselling has become a significant trend in fashion, with sneaker culture being a prime example where limited editions can fetch high resale prices.
• Television shows and online series have emerged, showcasing the skills and strategies behind successful resellers.

Technology

• The rise of e-commerce platforms like eBay, Poshmark, and Amazon has revolutionized how people resell items.
• Social media channels (like Instagram and Facebook Marketplace) have become popular places for resellers to connect with buyers.
• Blockchain technology is beginning to influence reselling, ensuring authenticity and secure transactions for collectibles.

Regulations

• Some jurisdictions have laws governing reselling practices, particularly regarding consumer rights and product safety.
• In certain cases, manufacturers may place restrictions on how their products can be resold, to maintain brand value.
• The resell of tickets for events can be highly regulated, with many states implementing laws to combat price gouging.

Positioned at #23,283, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.

• ...
• 23280 outstripped
• 23281 snarl
• 23282 mothering
• 23283 resell
• 23284 unpacked
• 23285 shamefully
• 23286 lucidity
• ...