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            Luxury goods are gaining ground on the second-hand   Studies show that a majority of Generation Z prefer to
            market                                            do their shopping online rather than in physical stores
            Mainstream clothing is by far the largest product category   and that stores have to change significantly for them
            for online buying and selling second-hand. But there   to be interested in going there. Above all, in terms of
            are also some interesting runners-up; luxury goods are   stores having to become more of social gathering places,
            undoubtedly one of them. Physical stores that connect   they needed to provide better access to information, for
            buyers of luxury goods have been the main sales channel,   instance, via QR codes, and they had to shape up when it
            and the transition into digital and online has come later   comes to music and lighting. So, the general conclusion
            than certain other categories. However, now the typical   is that both brick-and-mortar stores and e-tailers should
            luxury consumer seems to take on a different guise.  prepare for the fact that this particular generation will be
            They are younger with a high affinity for shopping,   quite challenging as future consumers.
            getting inspired and sharing online. Consumer interest in
            second-hand luxury goods is fueled by a growing number   As part of PostNord, the largest provider of logistics
            of specialised online platforms that let users buy and   solutions and geographical coverage in the Nordic
            sometimes sell personal luxury goods online. Vestiaire   countries, Direct Link are specialist in customer-specific
            Collective is one of the dominating online platforms for   delivery solutions and the distribution of e-commerce
            second-hand luxury goods partly owned by the giant The   goods anywhere in the world. 100% coverage of the Nordic
            Kering Group, which owns Gucci, Balenciaga, and Saint   market and delivers to over 190 countries across the globe
            Laurent, among others. Concern about the environment   each day – Direct Link will manage your deliveries no
            contributed to the main motivation of both sellers and   matter the destination. ••
            buyers of second-hand luxury. The perception that buying
            via second-hand channels was sustainable was clearly
            stronger in younger consumers. In a survey, those under the
            age of 40 strongly agreed that buying second-hand was a
            sustainable choice. In 2021, the global luxury resale market
            reached an overall value of approximately 33 billion U.S.
            dollars. By 2025, the industry is expected to reach a market
            size of 47 billion U.S. dollars.

            Generation Z will drive recommerce forward
            Generation Z consists of people who grew up on both sides
            of the millennium transition, usually defined as those born
            between 1997 and 2009. They are quite different in terms
            of values from other generations, an interesting point since
            they will soon have an extensive influence on our whole
            society. Gen Z is often singled out as the most critical
            consumer group we have seen so far. This is the first
            generation to date that has spent its entire life more or less
            constantly connected to the internet.

            They differ from previous generations in several ways, for
            instance, when it comes to how they perceive marketing.
            They love brands and often stay loyal towards their
            favourites, but at the same time require them to be
            genuine, honest, and socially engaged. They also favour
            visual-based media and marketing rather than text-based.
            For that reason, social media platforms and influencers
            have become particularly important and valued marketing
            channels towards this target group. They are much more
            likely to buy sustainable, high-quality products. 73% of
            Generation Z consumers are willing to pay 10% more for
            environmentally friendly goods, according to a study from   Get a quote to see how Direct Link
            First Insight. They value personalised products and have a   can support you with cross-border
            penchant for brands that share their own point of view on   e-commerce deliveries, warehousing,
            political issues.                                                   and fulfilment!









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