This mom was frustrated with the lack of options for buying used baby gear, so she launched a business. She has four tips for entrepreneurs.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Here's how Kristin Langenfeld solved a personal pain point by launching a successful business. Watch the video to learn more. investinyou (In partnership with acorns.)

When Kristin Langenfeld became a mom in 2015, she was frustrated by the limited options for buying used baby gear.

GoodBuy Gear started with an email list of just 20 families. Today, Langenfeld says, there are tens of thousands of customers who buy and sell on the site every month. "The original version of the company was trying to be a peer-to-peer marketplace, and when we showed up at people's homes they said, 'I have so much other things that I want to sell,'" Langenfeld said.

"The trend that can't be ignored is recommerce and how many customers really are embracing the secondhand resale world," Langenfeld said. "Especially in baby and kid gear, where some categories it ranges from 12% to 30% of the products are actually already being acquired secondhand."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

panonarochka

Why no Squawk Box Europe on Television 📺 ? Instead we see garbage motor-cross bikes ? Why ?

Video does not play properly. Not able to be understood

You failed in engineering and now are doing mom boxes till Christmas.

Good luck partnering with Bed, Bath & Beyond..Bankruptcy - Here's how Kristin Langenfeld solved a personal pain point by launching a successful business. Watch the video to learn more.

Hey let's talk about Cho-Mo-Joe stealing classified documents from the White House when he wasn't president🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines