Question
Zara can make several modifications to its e-commerce storefront to offer resale directly. Firstly, it can integrate a resale section into its existing online platform where customers can buy used, repaired, or refurbished items. This section should be easy to navigate and clearly distinguishable from new products. Secondly, it can implement a system for customers to sell their used Zara items back to the company through the platform. This could involve a form for customers to fill out detailing the item's condition, original purchase date, and other relevant information. Lastly, Zara could also consider offering incentives such as store credit or discounts to encourage customers to participate in the resale program.
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First, Zara will need to brainstorm how to eliminate or reverse its waste problem. It already has a repair and reuse program to drop off used garments in store, so it can dedicate more budget to grow this initiative, and maybe even modify its e-commerce storefront to offer resale directly. For delivery, it could adopt AI to calculate more accurate product volumes. For product, now that it will aim for 50% recycled material in all its new products after 2022, it may need to adapt and modify its business model to charge more for a higher margin.
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