The new consignment service makes selling
luxury items on eBay easier than ever, making even more coveted
inventory available on the marketplace
SAN
JOSE, Calif., Sept. 12,
2023 /PRNewswire/ -- Today, eBay introduces a new
consignment service, giving users direct access to expert sellers
who will list and sell their luxury items on their behalf.
Launching initially for designer handbags, the service will expand
next year to include additional luxury categories, including
jewelry and watches.
To power the service at launch, eBay has partnered with
Linda Lightman, founder of Linda's
Stuff, and a leading seller of luxury goods. Linda has operated a
consignment store on eBay for more than 20 years, and she brings
unrivaled expertise when it comes to selling designer
goods.
"Our top priority is to respond to the ever-evolving needs of
our customers, and continuously delight luxury shoppers and
sellers," said Tirath Kamdar, Global
GM of Luxury at eBay. "Launching a consignment service builds on
the momentum of offerings like Authenticity Guarantee and Certified
By Brand, giving our customers more trusted ways to buy and sell on
the marketplace."
Consumers can now use eBay consignment to sell new and pre-owned
handbags from top brands like Chanel, Hermès, Louis Vuitton, Prada and Saint Laurent. The
process is seamless, with the consignment partner handling each and
every component – from photography to pricing – ensuring the
listing is competitive and professional. Eligible items listed for
$500 or more will display the eBay
Authenticity Guarantee checkmark, and once purchased, will go
through eBay's authentication process.
"Over the past 23 years, what was once a hobby has grown beyond
my expectations. From its humble beginnings, Linda's Stuff has
flourished into a multi-million-dollar business on eBay," said
Linda Lightman of Linda's Stuff.
"I'm thrilled to be a partner in launching eBay's consignment
offering, and to bring an even more extensive collection of luxury
items to eBay's global community of shoppers."
eBay consignment comes on the heels of several recent fashion
category announcements, including the expansion of the
marketplace's Authenticity Guarantee service to new and pre-owned
streetwear from trusted brands like Kith, Off-White, Palace, and
Supreme; the acquisition of Certilogo - an AI-powered
authentication provider; and the launch of Certified by Brand,
which enables brands and authorized retailers to scale their
presence in the secondary market. With the addition of consignment,
eBay is further cementing itself as a trusted destination for
luxury and fashion.
How eBay consignment Works
- Users fill out the consignment intake form by answering a few
simple questions.
- Upon submission of the form, the customer will be provided with
a prepaid, insured shipping label. All shipments are insured
throughout the shipping process.
- eBay and the consignment partner then handle item photography,
pricing, and listing. Once the item sells, the consignor will
receive the proceeds from the sale, which is a percentage of the
sale depending on the item's selling price.
Eligibility: eBay consignment is available for select
brands, at any price point, in new or pre-owned condition, that
fall under select categories.
- Eligible brands include: Alexander
McQueen, Balenciaga, Bottega Veneta, Burberry, Bvlgari,
Celine, Chanel, Chloé, Christian
Louboutin, Delvaux, Dior, Dolce & Gabbana, Fendi,
Givenchy, Goyard, Gucci, Hermès, Jimmy
Choo, Judith Leiber, Loewe,
Louis Vuitton, MCM, Mulberry,
Off-White, Prada, Proenza Schouler, Saint Laurent, Salvatore Ferragamo, Stella McCartney, The Row, Tom Ford, Valentino and Versace.
Learn more about consignment on eBay at
ebay.com/ebay-consignment. For more, follow the conversation with
@eBay on Instagram, Twitter, YouTube and Facebook.
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that
connects people and builds communities to create economic
opportunity for all. Our technology empowers millions of buyers and
sellers in more than 190 markets around the world, providing
everyone the opportunity to grow and thrive. Founded in 1995 in
San Jose, California, eBay is one
of the world's largest and most vibrant marketplaces for
discovering great value and unique selection. In 2022, eBay enabled
nearly $74 billion of gross
merchandise volume. For more information about the company and its
global portfolio of online brands, visit www.ebayinc.com
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SOURCE eBay Inc.