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What’s included in the Trendful Price Database?

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What’s included in the Trendful Price Database?

Introduction

The Trendful Price Database is your gateway to discovering fair market values and price trends across approximately 70,000 product references. Specializing in designer handbags and watches, this extensive database is designed to provide you with the most accurate and up-to-date pricing information. Let’s explore the unique features that make this tool indispensable for resale merchants and wholesalers.

How is the Price Database Organized?

Each product category within the Trendful Price Database is meticulously organized into hierarchical attributes, ensuring that you can find what you’re looking for with ease.

Handbags Handbags are classified first by brand, followed by model and style. These classifications then lead to what we call "variants," which include different sizes and colors of a particular handbag model. This logical structure is not only intuitive but also aids in precise product identification. For example, when searching for a specific handbag, you’ll find it by searching the brand, model and/or style, and can find variants reflecting its various sizes and color options.

Watches Watches, on the other hand, are categorized based on brand, family, case, and dial. Each watch model may have several variants, which can differ by bracelet type, hand details, or other intricate design elements. This classification by unique reference ensures that you can locate the exact watch you’re interested in, even down to the smallest detail.

To enhance your search experience, the database offers two powerful search methods. You can either type in the product name—our typo-tolerant search engine ensures that you find the right match even if you misspell a word—or you can use our innovative image recognition feature, Trendful Vision. Simply upload an image, and we’ll do the rest, matching it to the closest product reference in our database.

What Type of Information Can You Access?

Once you’ve located a product reference, the Trendful Price Database provides you with a wealth of information:

Fair Market Values Trendful calculates fair market values by aggregating and analyzing prices from a variety of sources, including both managed and peer-to-peer marketplaces. Our algorithms filter out outliers, give more weight to recent data, and prioritize pricing from industry leaders like The RealReal, Fashionphile, Rebag (for handbags), and Watch Rapport, Montro, TrueFacet (for watches).

Marketplace Estimates We provide market estimates for major marketplaces, allowing you to align your pricing strategy with those of your reference stores.

Price Data Samples You can explore price data samples, complete with clickable online listings. This feature facilitates further research by showing you the original listing’s price, the date it was scraped, and the source website, giving you deeper insights into the product’s market dynamics.

What Are the Upcoming Features of the Resale App?

At Trendful, we are constantly innovating to expand our offerings. The next big leap for our Price Database will be the inclusion of new product categories, starting with sneakers. But that’s just the beginning. We’ve already introduced Trendful Vision, which allows you to identify products within our database using just a single image. Our vision for the future is even more ambitious: we aim to empower you to identify products not yet in our database and instantly gather and summarize pricing data. Our algorithms currently update pricing information weekly for product indexed in our Price Database, but we’re working towards real-time data collection, so you can access instant pricing summaries for any pre-owned item. Coming soon, you’ll have access to price trend graphs, automated pricing alerts, and more. Our goal is to offer unparalleled flexibility and speed, ensuring that you have the data you need at your fingertips, whenever you need it.