Whether it’s Carrie Bradshaw’s iconic Fendi Baguette, Paris Hilton’s legendary Louis Vuitton Alma or a Dior Saddle bag from the brand’s 2004 runway, it’s no secret that when it comes to designer handbags, past season styles are the new It-pieces. In fact, according to eBay, 69% of luxury shoppers are now looking to buy pre-owned in the luxury space.
The result of our obsession with vintage and pre-loved pieces has naturally come with a complete reworking of how luxury handbags are being sourced, and then ultimately, resold. So, whether you’re a luxury lover who has built up a collection over the years or simply looking to trade in a once-loved style in favour of another, there’s a few ways to set yourself up for success when reselling your items.
eBay is, unsurprisingly, a go-to, especially thanks to the platform’s Authenticity Guarantee. The process means a team of expert authenticators with brand and category knowledge carefully inspect items before they’re sent to the buyer, so they can feel comfortable knowing they’re getting the real deal.
If you’re ready to dabble in reselling your items, here’s a few things to know before getting started on eBay.
There’s a few easy ways to master your selling skills, according to eBay. Firstly, know your buyers — when shopping for luxury items, craftsmanship and style are critical, the platform notes, so, look to the high-quality and timeless pieces when adding to your own collections.
The same rule always applies when sourcing, buying and reselling your luxury handbags — research, research, research. It’s best to start with a good understanding of your item’s value, and it’s previous sale prices. Always come equipped with how you got to the value of your resale price, so you can justify it to your buyer when it’s sold.
There’s a reason eBay is the go-to platform when it comes to both buying and selling luxury items. The platform’s Authenticity Guarantee means buyers and sellers can feel confident that their item is authentic. The team of authenticators ensure physical authentication, as well as verified returns at no cost, with the facility located in Sydney so you don't have to wait for International shipping during your selling process too.
Getting started is easy. Simply list your eligible item — any Women's bags and handbags or Men's bags and briefcases sold for $350 or more — and a ’Blue Tick’ badge will appear. Once a buyer purchases your item, you’ll ship it directly to eBay's Sydney authentication facility to be verified. The item will go through a multipoint inspection before receiving an NFC enabled card. Your item is then delivered safely to the buyer.
Right now, only a few designer brands are eligible for eBay’s Authenticity Guarantee, but the platform are regularly adding more to the list, so it’s always best to keep checking back in to see if the piece you’re lusting over is available. Brands include Louis Vuitton, Chanel, Gucci, Hermes, Saint Laurent, Celine, Dior, Prada, Fendi, Goyard, Burberry, Chloe, Valentino, Givenchy, Balenciaga, and Bottega Veneta.