What is ReCommerce?
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What is ReCommerce?
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In the inaugural episode of the ReCommerce Show, hosts Shivang Maheshwari and Cat La introduce the concept of ReCommerce, which focuses on resale and reverse commerce in the retail industry. They discuss the significant waste problem in retail, highlighting the financial and environmental impacts of aging and returned inventory. The conversation highlights the significance of the ReCommerce industry in finding new homes for products and minimizing waste. The hosts outline the mission of their show to spotlight professionals in the ReCommerce space and share insights from future episodes featuring industry leaders.
00:00 Introduction to E-Commerce and Re-Commerce
02:52 Understanding Re-Commerce and Its Importance
05:55 The Problems of Aging and Overstocked Inventory
08:45 The Challenge of Returns in E-Commerce
11:34 The Role of E-Commerce in Sustainability
14:36 The Mission and Future of the ReCommerce Show
18:22 Closing