Economic Opportunity is Right in Front of Us
Recommerce — the sale of secondhand goods — has been part of business since day one. We have continued this tradition ever since, and our new Recommerce Report further underscores our purpose. Consumers worldwide recognize that recommerce can be a potential source of great income, with the added benefit of contributing to a healthier planet.
Find out who’s embracing Recommerce and what they’re reselling.
The coronavirus pandemic has further illustrated the positive economic benefits of recommerce. In 2020, more people worldwide began selling pre-owned items online to earn extra income and sought to buy secondhand treasures at more affordable price points.
Buyer Spotlight Secondhand Shopping to Support Greener Living
New York resident Hannah Stringer had looked to a myriad of green living lifestyles to minimize her impact on the planet and shop consciously: zero waste, minimalism and vegetarianism to name a few. “It’s a myth that you must buy more eco-friendly items which are often more expensive and cost prohibitive for many communities. In actuality, recommerce is the most effective strategy as a consumer taking on a climate crisis.”
While shopping around online, Hannah discovered that vintage clothing, decor and books could be procured through eBay’s global marketplace in used or refurbished condition. Now, a self-identified ‘eBayhead,’ her passion for the marketplace is rooted in two moral imperatives: supporting small business owners by sending money directly into their pockets and reducing waste by purchasing secondhand goods.
Both affordable and accessible, eBay’s treasure trove of pre-loved goods inspired Hannah to limit her future purchases to high quality, pre-owned items sourced almost exclusively from eBay. “eBay has rebuilt my consumption lifecycle,” she said. “I buy pre-owned goods with the intention of keeping them for a lifetime. That intention encourages me to carefully consider how I repurpose, share or recycle unwanted items.”
Recommerce not only is great for buyers' and sellers’ wallets but is better for the environment overall. It helps to preserve the world’s natural resources and reduce our carbon footprint — from saving on the water and energy typically used in producing new goods to preventing items being sent to landfills. Learn more about sustainable commerce.