Online marketplace Ebay Is seeking to solidify its position as a top destination for buying and selling luxury goods by introducing professional certification services for new and used handbags that sell for over $ 500 on the platform.
The announcement marks the latest extension of Ebay’s certification program, launched with luxury watches sold for over $ 2,000. Add sneakers that sell for over $ 100 At the end of 2020.
The inclusion of luxury handbags means that Ebay’s certification program currently covers the top three categories. According to the market, Ebay has an average daily list of 1.41 million handbags, with 5 handbags sold per minute on its website. Ebay sold more than 2 million handbags in North America in 2020.
This category has seen significant growth lately, including the purchase of luxury handbags from designer brands such as Louis. Louis vuitton, Gucci Prada, Increased 31% year-on-year, and sales of mini wallets and clutches increased 72% and 30% respectively since February.
And the introduction of handbag certification could further support this advance. Ebay sneaker sales have seen triple-digit year-over-year growth in the last few quarters, with platform watch business growth accelerating from 16% to 38% in the first quarter.
“Authenticity guarantees have changed t