LegitGrails on LinkedIn: #refundgrails #authentication #realvsfake #legitgrails #luxurybag… (2024)

Amazing news from our CEO! LegitGrails AI is here!

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LegitGrails is attending this year’s NARTS conference in St. Louis. On 28th of June, 4:30pm Nikita Chen & Gustavs Zegners will be presenting a workshop on Digital Evolution in Luxury Resale!We will talk about how the future of AI in authentication and how you can leverage digital platforms to increase your sales. Come meet us at the conference, and join us for useful tips & tricks to elevate your business success!

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Luxury Authentication Service Market Booms Combating Counterfeits: The Rise of the Luxury Authentication Service MarketMarket Dynamics:1) DriversGrowing consumer awareness about counterfeit luxury goods has increased demand for genuine products and authentication services. The expanding luxury market and advances in technology like blockchain and AI have improved authentication accuracy and efficiency. The rise of online second-hand luxury markets also boosts the need for reliable authentication to build buyer trust.2) ChallengesThe sophistication of counterfeit goods necessitates constant investment in advanced technology, raising operational costs. Rapid authentication services are in high demand, requiring substantial infrastructure and resources. Trust is crucial; any errors can damage the reputation of authentication services.3) Regional TrendsNorth America's luxury authentication market is growing due to increased demand for verified high-end products and the rise of second-hand luxury markets. Both online and physical platforms offer expert services, enhanced by blockchain and AI. Key players are expanding services and improving processes to meet consumer demand for trust and transparency. This market is set to grow with the expanding luxury resale market and the demand for authenticated sustainable luxury goods.Source: https://lnkd.in/dXzAAbQM#authentication #luxuryauthentication #luxurymarket #luxurybusiness #luxurynews #luxurygoods

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/ 𝗛𝗼𝘄 𝘁𝗼 𝗴𝗿𝗼𝘄 𝘆𝗼𝘂𝗿 𝗿𝗲𝘀𝗲𝗹𝗹𝗶𝗻𝗴 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀? /Growing your business is both an art and a science. It's not just about selling more; it's about selling smarter. Here are some proven strategies from hashtag#LegitGrails to up your reselling game and keep those profits coming:- Diversifying Product OfferingsTo grow your reselling business, mix it up! Don't just stick to one type of thing. Having a variety will bring in more customers and help you grow your own ecommerce business to a whole new level.- Seasonal and Trend-Based SellingFollow the trends and match your stuff to the seasons. When it's cold, have cozy sweaters. When it's hot, get some beachwear. Keeping your stuff in line with what people want right now makes your inventory cool.- Optimizing Online PresenceIn the digital age, your online presence is your storefront, and a well-optimized one can work wonders for your reselling business. Start by enhancing your product listings.Do you have any personal tips on how to expand one's reselling business? Let us know! 👇Read the full article on our blog page: https://lnkd.in/dU3HzPQz#authentication #legitgrails #reselling #resellertips #resellingtips #resellers

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The Luxury Identification Software Market is expected to grow at a CAGR of 13.74% from 2024 to 2032. Industry indicates steady expansion, driven by the growing demand for data-driven insights and decision-making across diverse sectors.Luxury Identification Software Market Trends Analysis: The luxury identification software market is evolving with several key trends. The integration of blockchain technology is providing enhanced transparency and security, ensuring the authenticity of luxury goods. AI and machine learning are being used for advanced image recognition and counterfeit detection. There is a growing demand for mobile-based solutions, allowing consumers to verify authenticity via smartphones. Sustainability and ethical sourcing are becoming important, with software solutions enabling traceability of materials. Additionally, the use of NFC and QR codes is simplifying the authentication process for end-users. These trends highlight the market's focus on innovation, security, and consumer empowerment.Source: https://lnkd.in/dcfErUSM#luxurymarket #authentication #luxurybusiness #luxurynews

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Are you an actively growing business and need a more tailored solution?LegitGrails offers a number of ways to make your reselling business grow even faster!1) Authentication Bundles - Authenticate in bulk at a lower rate. You can choose your preferred amount of authentication and brand coverage2) Authentication Platform - Track live progress of every authenticated item, create custom certificates and pay less per authentication3) API Integration - Automate the process and submit your items for authentication, track individual progress at every stage of the process, and integrate into any systemFor more information, please visit https://lnkd.in/dBYCunVeStill have questions? Reach us at partners@legitgrails.com or chat with us at legitgrails.com #legitgrails #authenticationservices #luxuryitems #businesssolution

In recent years, digital product passports (DPPs) have become an essential feature in the fashion industry, especially in the European Union, where they will soon be mandatory. These digital identifiers provide comprehensive information about a product’s origin, materials, environmental footprint, and more. A new survey reveals that luxury consumers not only welcome DPPs but desire even more detailed and interactive features. This trend presents a golden opportunity for brands to strengthen customer loyalty and engagement.The survey, conducted in April, asked 330 luxury consumers about their preferences regarding DPPs. The results show a clear demand for more than just basic sustainability data. Consumers are eager for a richer connection with their purchases through additional features like authentication, repair and warranty information, and resale capabilities.Source: https://lnkd.in/eAXNFGes#resellernews #luxurybusiness #luxurybusinessnews #EUregulations #DPP

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/ 𝗛𝗼𝘄 𝘁𝗼 𝗕𝘂𝗶𝗹𝗱 𝗮 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗥𝗲𝘀𝗮𝗹𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀? /Whether in-store or online, investment in premium pieces is often synonymous with differentiated perks - from champagne flutes to exceptional packaging and great customer service. While pre-owned luxury pieces are often sold in perfect or great conditions, bringing with them their original quality, the premium experience gets lost in the way.Ultimately, investing in aspects that emphasise the value of the products being offered is the way forward; joining unique, quality products and an unparalleled customer experience is a necessary formula for success.1) Exceeding Customer Expectations:In its entirety, the premium shopping experience might not be able to be efficiently translated into the world of luxury resellers; however, that doesn't mean it can't make itself known in other valuable ways. Ultimately, the goal is simple -to provide your clients with relevant, streamlined, and efficient services that elevate their overall experience with your brand.2) The Need for Transparency:Despite strict internal policies commonly put in place by resellers to ensure the exclusive listing of authentic pieces, this process is often not disclosed entirely to the consumer. Though unintentional, this lack of communication serves to perpetuate the cycle of uncertainty that famously accompanies vintage or pre-owned luxury purchases.Do you have other tips on how to succeed in resale business? Share your thoughts & stories below!Continue reading the full article on our website: https://lnkd.in/dsvi_cG6#reselling #resellingmarket #resellerbusiness #luxurymarket #resellingtips #legitgrails

Did you know that it is becoming more and more popular to rent out luxury clothing in UAE? For example, if you need to dress up for summer social events, you can simply rent a piece of clothing or a bag, without needing to actually purchase it.Some platforms provide a sustainable and cost-effective way to access luxury fashion, allowing customers to select items for specific rental periods with options for trying before renting. They cater to different tastes, from avant-garde to classic styles, making it easy to find the perfect outfit for any occasion.What do you think about this trend?Full article here: https://lnkd.in/ed-aasbA#uae #luxuryfashion #luxurybusinessnews #luxurymarket #luxurymarketnews #sustainability

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