6 minutes

Unlocking the Value of Social Commerce Models: Resale, Rental, Subscription and Community Building

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Sunny Zheng, Analyst
Insight Report

Executive Summary

Business models that are beneficial to society’s long-term development are strengthening their appeal as consumers increasingly seek retailers and brands that have meaning and purpose.

  • Spending money in a more socially aware manner is a growing trend. Retailers and brands are highlighting their environmentally friendly, healthy, ethical and eco-aware efforts and integrating these concepts in brand messaging and marketing.
  • The rise of social commerce business models, including resale, rental, subscription and community building, can generate value and contribute to sustainable development.
  • Start-ups are pursuing this business opportunity, and we highlight four in this report: Kidbox, Part & Parcel, Rent the Runway and Villageluxe.
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