eBay UK has launched a new consignment service targeting luxury item sales, collaborating with Luxe Collective.
- The service connects users with expert sellers to handle their luxury item listings and sales on eBay.
- Initial focus is on designer handbags from brands like Chanel, Hermès, and Louis Vuitton.
- eBay reports higher final sale prices for consigned items compared to traditional listings.
- The consignment service ensures a seamless process, with eBay and Luxe Collective managing all aspects.
eBay UK, in partnership with Luxe Collective, has unveiled a new consignment service aimed at facilitating the sale of luxury items. This service provides users with direct access to expert sellers who will manage the listing and sale of luxury goods on their behalf. This initiative marks a significant step for eBay, leveraging the expertise of Luxe Collective, known for its extensive experience in selling high-demand pre-owned luxury items.
Initially, the service will cater to designer handbags, allowing consumers to list both new and pre-owned items from prestigious brands such as Chanel, Hermès, and Louis Vuitton. The UK launch follows successful consignment experiences in the US, with eBay highlighting a noticeable increase in final sale prices through this service. For example, a small quilted Chanel 19 flap bag achieved a sale price exceeding 45% above the average for similar items sold through traditional methods on eBay.
From the point of receiving an item, eBay and Luxe Collective ensure a seamless consignment process. They handle everything from photography to pricing strategies, setting competitive and professional listings. This comprehensive management helps make the consignment process stress-free for the seller and enticing for buyers.
The general manager for eBay’s luxury and sneakers division, Mari Corella, stated, “As consumer interest in shopping for pre-loved luxury continues to grow in popularity, eBay is evolving to ensure it is at the forefront to provide shoppers with the best service.” This statement underlines eBay’s commitment to maintaining its position as a leading marketplace for luxury goods, building upon its existing Authenticity Guarantee service.
Additionally, Ben Gallagher, co-founder of Luxe Collective, commented, “Luxe Collective has long been dedicated to delivering pre-loved luxury at an accessible price point on eBay. Partnering with eBay UK on its new Consignment service is a great moment for us as it will encourage more sellers to join eBay’s global community, bringing even more luxury pieces to the platform ready for shoppers to find their dream pieces.” This partnership is expected to enhance the diversity and accessibility of luxury items on the platform.
The new consignment service by eBay UK and Luxe Collective is poised to revolutionise the sale of luxury goods, offering a seamless experience for both buyers and sellers.
