Techopedia explains RecommerceRecommerce is now a prominent part of modern retail; many consider recommerce to be loosely related to other innovations like e-commerce in that recommerce is congruent with the emerging value of transience that has come with new technologies like the Internet. In recommerce, the customer and the seller realize the value of "right-sizing" a physical cache of both large and small assets.
Recommerce is also seen as a resource-saving phenomenon. Recommerce programs often involve a responsibility on the part of the seller or the third party firm that is buying used goods to deal with waste, whether that means harvesting rare earth metals from used devices, or dealing with the plastic shells and other components of used electronics.
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