Get Your Luxury Shop On, Here’s How to for Less
Episode 196, Aug 16, 2021, 06:21 PM
Shoppers are gravitating to luxury items like never before. Here’s the scoop on how to shop authentic accessories online for less.
The luxury resale market is booming, and the demand for designer handbags is at an all-time high, with more than a 30 percent year-over-year increase in sales on eBay. But how does a shopper know that the item they are purchasing online is authentic on ebay.com? eBay offers an authenticity guarantee service designed to help customers buy and sell with confidence. With the authentication service, all watches for more than $2,000 are inspected and verified by independent experts, while new and pre-owned handbags sold for more than $500 are vetted and verified by eBay’s team of professionally trained authenticators.
If you’re purchasing a handbag as an investment, it’s best to stick to classics. Gucci has its share of ‘it’ items, and chunky chain bags are trending right now. Over the past two years, iconic luxury brands Louis Vuitton, Chanel, Gucci, and Saint Laurent were the most coveted luxury handbag brands on eBay.
When buying a watch, it’s best to look for well-known watch brands that are consistently a hot commodity because their value holds – and often increases – years after purchasing. The Rolex Submariner watch is widely considered the perfect dive watch. Luxury watch sales have reached a record high. From top brands alone such as Rolex, Omega, Breitling, Patek Philippe, and Cartier, more than 25,000 watches in the first half of 2021 on eBay sold.
When shopping, use filters and save your searches. A great way to find your perfect luxury item is to start with a simple search term and then use eBay’s filters to drill down what you are looking for. Use the “best offer” feature to get a better deal: if an item includes eBay’s “best offer” feature, you can offer whatever your budget allows and see if the seller can meet you. Lastly, shop authenticity guarantee: before you buy that Chanel handbag or Rolex watch, make sure to keep your eye out for items marked with a badge of authenticity guarantee.
Head to ebay.com/handbags and ebay.com/luxurywatches to shop luxury, and visit ebay.com/buyauthentic to learn more about eBay's elevated authentication experience.