Wholesale Blog

LePrix’s 2023 Resale Report

LePrix’s data analytics team performed a deep dive on what retailers are sourcing to understand industry trends and seismic shifts in what retailers are now sourcing in 2023 to meet consumer demand as well as what retailers will be sourcing into 2024. Discover the most comprehensive analysis of the luxury resale B2B industry.

;

Emily Erkel

NEW: Launch of Pre-Owned Luxury Watches

We are thrilled to announce the launch of pre-owned luxury watches on LePrix! Thanks to feedback on what your business needs, our team has curated the bestsellers from Rolex and Cartier, Omega and more. Each pre-owned luxury watch sourced on LePrix is inspected and verified authentic. Offering your customers pre-owned luxury watches is a great way to grow your business and increase customer loyalty. Like handbags, luxury watches are great investment pieces and the perfect gift for the holiday season. By adding watches from these highly coveted brands to your assortment, you’ll tap into a fast growing demand and expand your customer base.

;

Deanna Thompson

How to Grow My Sales

As a business owner, increasing your sales is at the top of mind every day so we’ve put together a list of 15 ideas to help you boost sales for your business.

;

Deanna Thompson

We're More than Just Bags

Did you know that LePrix offers more than just handbags? While we are excited to offer over 10K+ listings each week of the most coveted handbags in the market at the best wholesale prices, we also offer the best of other luxury categories from brands like Brunello Cucinelli, Hermes, Marni, Louis Vuitton, Chanel and more.

;

Deanna Thompson

Top Tips to Successfully Sell on Social Media

Selling luxury products or services on social media requires a strategic approach that aligns with the exclusivity and premium nature of your brand. Here are some steps to effectively sell luxury on social media:

;

Deanna Thompson

Time to Stock Up For Fall / Holiday

Just like the consumer industry, the wholesale industry also sees an increased demand for the holidays but instead of during the holidays, the ramp up happen right before. Of course, the price increase for pre-owned handbags the holidays can vary depending on several factors, including the brand, model, condition of the bag, and current market trends. Generally, the wholesale prices of pre-owned luxury handbags can experience a slight uptick 1-2 months prior to holiday season due to retailers ramping up for Holiday.

;

Deanna Thompson

How to Find the Best Deals on Stock

Here at LePrix, the largest wholesale platform for authenticated, pre-owned luxury, there are several ways to source and today we are going to show you just a few of the deals you can score by shopping Stock. At any given time, there can be over 10,000 items listed under Stock so you have the ability to find the most amazing, well priced items that your customers will love! Here’s a couple of things that will make shopping stock that much easier!

;

Deanna Thompson

The Luxury Brand Hierarchy

There is a hierarchy to the luxury brands that consist of Ultra Luxury, to Contemporary, and while it may be easy to understand, as a resale business owner, knowing which brands will yield your highest margins are key to your growth.

;

Deanna Thompson

Auction Tips for Success

Want to win more in auction? Here are the top tips to keep in mind so you increase your chances of winning and at great prices.

;

Deanna Thompson

Why Your Business Needs a Subscriber List

Social media platforms like Instagram and Facebook are a great way to market your resale business. However, we’ve all heard stories about businesses that have had thousands of followers losing their pages with no recourse, which can be devastating for a business. This is why you must have a subscriber list.

;

Deanna Thompson