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Finance & Economics

Spanish second-hand marketplace expands in Europe

Micolet lets Germans sell second-hand fashion

Spanish second-hand marketplace expands in Europe. Source: shutterstock.com

Micolet, the second-hand fashion marketplace from Spain, is expanding in Europe again, Ecommerce News reports. The company is busy making the sales process available to customers in Germany. Right now, only customers in Spain can sell their fashion items through Micolet.

Micolet is an online marketplace that sells?second-hand fashion across Europe. In the United Kingdom, Spain, France, Portugal, Italy and Germany, customers can shop for women’s clothing that has already been worn. But only Spanish shoppers are also able to sell their stuff through this platform.

In the next few months, the company?wants?to start offering this service in Germany as well. This means German fashion lovers will not only be able to shop second-hand fashion at Micolet, but can also offer their own clothing for sale.

Selling through Micolet isn’t just a simple process of customers sending their unwanted items. In Spain, Micolet picks up the clothes at the customer’s home, checks if the items can be sold, and then take several pictures and upload everything to the marketplace. If another customer orders the item, Micolet packs and ships the clothing and transfers the money to the seller. For all this, Micolet charges a commission fee.

Currently, Micolet has over one million users worldwide, of which 40% are from the home market in Spain. The German share amounts to 5% and is set to increase significantly in the coming months when the service expands.

In the future, the second-hand marketplace wants to further expand. Aside from the expanded service in Germany, Micolet is scheduled to launch in?the Netherlands?and the Czech Republic later this year. And in addition, the company also wants to open in non-European markets in 2019.

SEE ALSO:?Alibaba expanded its used-goods marketplace

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