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International Journal for Research Trends and Innovation
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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

Issue per Year : 12

Volume Published : 7

Issue Published : 79

Article Submitted : 5505

Article Published : 3032

Total Authors : 7767

Total Reviewer : 540

Total Countries : 67

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Paper Title: The Recommerce Era - It is Now or never for Retailers
Authors Name: Ayushi Jain
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Published Paper Id: IJRTI2208201
Published In: Volume 7 Issue 8, August-2022
Abstract: Succession of seismic events has dismantled the Retail Industry. Closure of physical stores, shortage of raw materials, changing consumer pulse, dropping sales have left many retailers scrambling to effectively serve customers and improve engagement. Looking ahead, the industry is likely to face a more challenging growth environment as it deals with these challenges. Thus it becomes imperative that Retailers across the sector must reckon with the new realities and develop solutions or accelerators to sustain their businesses, retain customers, and ensure long-term growth and profitability. Recommerce, an art of reselling old/used goods, is one such area which is gaining momentum across the retail community. Though it has been in existence from 1700, the growth is like never before. It is one of the fastest growing areas , 11 times faster than traditional retail. According to a study by ThredUp, the secondhand/resale market is projected to double in the next five years, reaching US$ 77 billion. Is recommerce the next best strategy for retailers? Is it the right time for traditional retailers to make a shift to recommerce? In this paper we will answer all your questions about recommerce and the importance it holds for consumers and businesses.
Cite Article: "The Recommerce Era - It is Now or never for Retailers", International Journal of Science & Engineering Development Research (, ISSN:2455-2631, Vol.7, Issue 8, page no.1247 - 1252, August-2022, Available :
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2208201
Registration ID:183489
Published In: Volume 7 Issue 8, August-2022
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Page No: 1247 - 1252
Country: udaipur, Rajasthan, India
Research Area: Arts
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

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