As Resale Markets Grow, So Has The Need For 'Authenticators'

As Resale Markets Grow, So Has The Need For 'Authenticators'

Assessment

Interactive Video

Information Technology (IT), Architecture

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth of the resale market from 2018 to 2023?

From $5 billion to $23 billion

From $10 billion to $30 billion

From $500 million to $6 billion

From $24 billion to $51 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which age group is the largest segment of secondary shoppers?

Gen X

Boomers

Millennials

Gen Z

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have mobile apps influenced the resale market?

They have no impact on the resale market

They have decreased the popularity of resale

They have made buying used clothes as easy as buying new

They have made buying used clothes more difficult

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason millennials are driving the growth of the resale market?

They prefer new items over used ones

They are less concerned about sustainability

They experienced the Great Recession and value thriftiness

They have more disposable income than other generations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is authenticity becoming more important in the resale market?

Counterfeiters are getting more crafty

There is no need for authenticity in resale

Counterfeiters are becoming less active

Authenticity is not a concern for buyers