Learn This Vocabulary: The Reseller’s Dictionary
The most commonly used terms in the reselling community, empowering you to communicate like a seasoned pro.
Preloved: refers to items that have been previously owned or used by someone before being resold. These items may have been worn, used, or gently used but are still in good condition and ready for a new owner. The term emphasizes the idea of giving new life to pre-owned goods, promoting sustainability and reducing waste in the fashion industry.
Reseller: A reseller is an individual or business entity that acquires pre-owned or secondhand items, such as clothing, accessories, or home decor, and then resells them to new buyers.
NWOT (New without Tags): Similar to NWT, but used for items that have never been worn or used but no longer have their original tags.
EUC (Excellent Used Condition): Indicates that the item has been gently used and shows minimal signs of wear. EUC items are prized for their like-new appearance.
Vintage: Refers to items that are at least 20 years old, often with unique characteristics and a sense of nostalgia.
Thrift Haul: A collection of items purchased from thrift stores or secondhand markets, often showcased on social media platforms.
Bundle: Combining multiple items from a seller into a single listing to offer buyers a discount on the total purchase.
BOLO (Be on the Lookout): Refers to items that are highly desirable or valuable, prompting resellers to keep an eye out for them during their sourcing trips.
Flip: To buy an item at a low price and resell it for a profit.
Grail: A highly sought-after item that resellers or collectors dream of finding.
COA (Certificate of Authenticity): A document that verifies the authenticity of a high-end or collectible item, providing confidence to buyers.
Reseller's Remorse: The feeling of regret that occurs when a reseller sells an item and later realizes its increased value or sentimental significance.
Y2K: "Y2K" is an abbreviation for "Year 2000," representing the early 2000s era, specifically from the late 1990s to the early 2000s. In the context of fashion, Y2K refers to the trends and styles popular during that period, characterized by bold colors, futuristic designs, and a mix of nostalgic and modern elements.
Pilling: The formation of small, fuzzy balls on fabric due to wear or friction.
RAOK (Random Act of Kindness): A gesture of goodwill within the reselling community, such as offering freebies or surprise discounts to customers.
Deadstock: Vintage items that are brand new and have never been worn or used. Often found with original tags and in pristine condition.
Lowball Offer: A significantly below-market offer made by a potential buyer, often considered disrespectful by sellers.
Haggle: The act of negotiating the price with a seller to reach a mutually acceptable agreement.
ISO (In Search Of): Used by buyers to express their desire to find a specific item that they are looking for.
BO (Best Offer): A feature on online marketplaces that allows buyers to make offers below the listed price, enabling negotiation between buyer and seller.
Bundle Discount: A reduced price offered by sellers when buyers purchase multiple items together.
Upcycle: The process of creatively repurposing or transforming old or damaged items into something new and desirable.
Consignment: is a business arrangement where individuals or businesses place their items in a store or online platform to be sold by a third party, typically the consignor. The consignee (the store or platform) takes a percentage of the sale price as a commission, and the consignor receives the rest once the item is sold. Consignment allows individuals to sell their preloved items without the need to manage the selling process themselves.
Depop: An online marketplace and social platform popular among vintage sellers and resellers for its focus on fashion and unique finds.
Repurposing: The process of creatively transforming or adapting an item to give it a new purpose or function, often to extend its lifespan or artistic value.