Offer option
Also known as quote option, in the secondary market, businesses can choose several different ways in which to pay customers for their products. The different options businesses can give their customers are buyout, consignment, and/or trade-in for store credit.
Other resale terms
- Antique
- API (Application Programming Interface)
- Appraisal
- Auction House
- Brick & Mortar
- Buyout
- Circular Economy
- Commission
- Commission Structure
- Condition
- Consignment
- Consignor
- Customer-to-Business Transaction (C2B)
- Dealer
- E-commerce
- Estate Sale
- Fair Market Value
- Insurance Value
- Linear Economy
- Managed Marketplace
- Pawnshop
- Peer-to-Peer Marketplace (P2P)
- Pre-owned
- Pricing Strategy
- Primary Market
- Recommerce
- Replacement Value
- Resell Interface
- Retailer
- Secondary Market
- Sell-through rate / Sales turnover
- Software as a service (SaaS)
- Target markup
- Thrift Shop
- Trade-in
- Vintage