Episode description

Ever wondered what it takes to thrive in the luxury resale market?

In this episode, we dive into the fascinating world of luxury resale with Courtney Watkins, the owner of a luxury research brand and the innovative marketplace "Mind and Yours." We explore the dynamics of buying, selling, and trading luxury accessories and clothing, discussing the unique challenges and opportunities within this growing industry. From the importance of the in-store shopping experience to what sets their brand apart from competitors, Courtney Watkins shares invaluable insights for anyone interested in the luxury resale market. Join us as we unravel the secrets behind curating high-end selections and creating a memorable shopping experience!

TIMESTAMPS

[00:30] Mine & Yours: Who is Courtney Watkins?
[02:35] Dealing with Competition.
[05:19] The Fun Side of the Second-Hand Luxury Business
[06:10] Physical Store vs. Online Shopping
[08:13] What Makes Mine & Yours Different?
[12:40] The Numbers Behind the Resale Business
[16:41] Future Vision for Mind and Yours
[17:26] Learning from the Entrepreneur Master Program
[19:12] Retail Processes Explained

ABOUT COURTNEY WATKINS

Courtney Watkins is the owner of Mine & Yours, Vancouver’s premiere Luxury Resale boutique. She got her start in fashion At 17 when she moved to LA to go to The Fashion Institute of Design and Merchandising. Her experience in LA ranged from working at a small boutique in Beverly Hills, a trend forecasting company and working as Paula Abdul’s personal assistant. After moving back to Vancouver in 2011, Courtney and her business partner realized that there was an opportunity in the Vancouver market for a new business that valued sustainability, interpersonal relationships and luxury fashion. The dream was to foster a community of women who invest in themselves- and their closets. The business plan was a bright, vibrant and welcoming luxury secondhand boutique in busy downtown Vancouver. Five years in, Mine & Yours has grown into a booming business with a strong, kick-ass community of clients

https://www.instagram.com/itscourtwatkins/?hl=en

https://www.instagram.com/mineandyoursco/


RESOURCES

• Visit www.hilarycorna.com/workshop for an example of a Goods & Information Flow
• Visit www.HilaryCorna.com/learning-center for free tools and resources
• Follow @HilaryCorna on social