With winter getting underway in mountain destinations, the used gear marketplace at Geartrade (geartrade.com) is seeing a record volume of product come in the door, and a record amount of sales head out the door at massive discounts.
Geartrade shared year-over-year growth statistics indicating significant and accelerating growth of both sales and listings sellers. Compared to 2021, Geartrade gross sales from individual sellers are up more than 50% year-to-date through the start of September, and up 82% in the last three months. That growth is fueled directly by a steepening growth in listings – up 56% since January, up 90% in the last three months, and up 152% in the month of August.
“There are certainly some sales challenges in the new gear marketplace right now, but that should definitely not be confused with a lack of interest in winter sports. Based on what’s happening right now in the used gear marketplace, it’s going to be another huge winter,” said Aaron Provine, president of Geartrade.com.
In addition to well-loved pieces of used gear being sold by individuals, listings on Geartrade.com also includes product from brand warehouses – a mix of sales samples, returns, cosmetic blemishes, and other not-quite-new gear from legendary gear makers like Stio, Ortovox, Dynafit, DPS, Jack Wolfskin and others.
Every product on Geartrade is thoroughly examined and rated for quality, and each listing includes detailed descriptions of visible wear or other material issues. Once posted, discounts from the product’s original retail price can be as deep as 90% off, though the average discount in the marketplace is 55%.
A contributor to the recent boom of Geartrade listings is the simplicity of their consignment service, an Easy Button for sellers of used gear which includes delivery of a free postage-paid box and a concierge service that receives, evaluates, photographs and posts all product sales on behalf of the seller.