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Monday, July 26, 2021

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Home Business & Finance Peak Design is launching a new used gear exchange

Peak Design is launching a new used gear exchange

Document Analysis NLP IA

562
WORDS

WORDS
2:48
Reading Time

Reading Time
neutral
sentiment

Sentiment0.090515545061
objective
redaction

Subjectivity0.40669683851502
probably it's an affirmation
Affirmation0.31976744186047

Highlights

RELEVANT
FREQ, RAKE or TFIDF
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ORG
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PERSON
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PRODUCT
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Key Concepts (and relevance score)

Summary (IA Generated)

Peak Design, the bag and accessory maker that created one of our favorite backpacks, is launching a new online exchange in the US for people to buy and sell used Peak Design products.

To sell a product on Peak Design’s marketplace you have to register it on the company’s site (it offers instructions in video form) and provide pictures and details of the current condition of what you’re unloading.

The Peak Design Marketplace during it’s beta period.

Buyers will be responsible for covering the shipping (Peak Design tacks it on to whatever price is set) and sellers are responsible for shipping directly to the buyer.

The disadvantage of Peak Design’s “Craigslist for camera bags” (besides being limited to one brand of product) is how sellers get paid out.

Setting up a marketplace for used gear is a clever idea: it seems like a good-natured ad for the durability of Peak Design’s products, and it adds a way to try them out for a cheaper price than what they would cost new.

Losing 25 percent of what you could earn from a sale is not insignificant and will likely force some people in to taking the store credit or selling elsewhere.

You have to do the extra bit of work of actually shipping your things, but you could earn more than the flat fee Peak Design might offer if it was running a a trade-in program itself.


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