Auction Culture

In an interview over on tompeters.com, Daniel Nissanoff suggests that auction culture is going to change retail forever. He argues that the move from personal hoarding to personal reselling of our older goods will evolve retail.

we’re beginning to see a culture that’s accepting as mainstream the purchase of previously owned items. Historically, that was not the case. Today, buying a used book on Amazon.com, for example, is something that many people won’t think twice about, yet most people wouldn’t dream of buying a book from a street vendor in New York City, where I’m located. So we’re seeing a different perception and acceptability of secondhand goods.

Interview