Crowdfunding For Resale Companies

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If you love the resale industry, more than just shopping for luxury items, like you really want to be a part of it, here’s your chance. Worlds Best has launched a crowdfunding campaign on SeedInvest to raise capital and for a mere $500 you could be a part of this industry without having to lift a finger!

“World’s Best is disrupting a decades-old luxury market. By combining online convenience with dedicated Concierge service, World’s Best provides clients with significant benefits compared to traditional retail stores and impersonal ecommerce sites. Now, affluent consumers can contact their own Concierge and explore a broad range of collections quickly and easily on desktop, tablet, or mobile from anywhere in the world.

Our dedicated Concierge team builds direct relationships with clients to note their preferences and special requests. Our commitment to a “client first” approach generates high levels of customer loyalty and satisfaction: World’s Best enjoys a 5-star rating on Trustpilot and over 26% of sales are repeat orders from clients. Our return rates are under 2% compared with industry norms of over 30%. Clients from around the globe regularly place orders from $15,000 to over $100,000 that are paid securely by bank wire.”

What they’re doing differently from the other mover and shakers in this space (The RealReal, Tradesy, Rebag) is being a lot more discerning in the brands and items they accept for resale. Think true luxury. They only accept the best of the best in handbags, watches and luxury decor so this is the best place to find those special edition items from Chanel and Hermes  and more. I must say with the vast selection of watches, I’ve learned more about luxury timepieces on Worlds Best than any other website around.

Why is this important? This is the future of the resale industry and as more and more companies jump into this space, there is going to be a much larger divide with customers becoming a lot more discerning as to the places they choose to do business with.

What matters the most is who’s actually behind the company and the talent they hire to drive growth. You are going to have to have not only have like minded people behind your brand but have a vision on where you want to be.  Growth is so key in this industry and when you take a look around, there are quite a few companies rising to the top along with Worlds Best. Luxury Garage Sale just hired a CEO, The RealReal and Rebag have launched pop-ups and LXRCO is in just about every department store from Miami to Canada.

So far they have raised $226,500 with a $6M valuation cap which I think is pretty impressive to say the least. To read the prospectus and invest, click here and to shop, click here. Mind you, if you see something you like, grab it because item’s do not last long on the website.