Pre-owned goods in India has a huge market, which is being catered to right now by small-time dealers buying and selling pre-owned goods in their area or people buying or selling pre-owned goods through their contacts. Think Chor Bazaar in Mumbai or Daryaganj in New Delhi. But the sector is not organized, leading to various problems for both buyers and sellers. Buyers face problems like undervaluation, transportation issues, difficulty of getting customers and delays in payment. Sellers face problems like less choice, availability of varieties at a single place, reliability of goods and after-sales service. An organized retailer satisfying all these needs of value-conscious consumers is needed to cater to this market. S2N targets this market.
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