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Booming Second Hand Economy in the Most Expensive City - Singapore

BOOMING SECOND HAND ECONOMY IN THE WORLD'S MOST EXPENSIVE CITY-SINGAPORE 76% ARE SELLING GOODS THEY NO LONGER NEED MORE THAN 80% ARE ALREADY PURCHASING PRE-OWNED GOODS ALMOST ON AVERAGE, SECOND HAND GOODS CAN BE SOLD FOR ABOUT 74% HAVE 50% PURCHASED BY PURCHASING SECOND HAND GOODS, BUYERS CAN SAVE A SECOND HAND UP TO 70% OF ACTIVE SELLERS EARNED A 3- TO ITEM IN THE LAST 12 60% OFF 4-DIGIT ANNUAL INCOME FROM JUST SELLING SECOND HAND GOODS! MONTHS OF THEIR THE ITEM'S ORIGINAL RETAIL PRICE VALUE SECOND HAND GOODS WHERE ARE SOLD / PURCHASED? CLASSICFIEDS OPEN Thrift shops/ flea markets Offline Classifieds Ads From friends/ Classifieds website Social Media Platforms Forums family MOST PEOPLE TT selling and purchasing second hand goods FACE-TO-FACE prefer =TOP 5 BENEFITS OF= SELLING USED GOODS AND PURCHASING SECOND HAND GOODS IT GENERATES EXTRA INCOME IT HELPS ME SAVE MONEY IT FREES UP SPACE IN V MY HOUSE / FLAT I CAN FIND ITEMS THAT V ARE RARE OR NO LONGER ON SALE IT IS ENVIRONMENTALLY IT IS ENVIRONMENTALLY FRIENDLY FRIENDLY IT HELPS ME BUY ITEMS THE ITEM IS PROVEN TO INEED FOR LESS WORK BY ANOTHER USER V IT IS FUN! V THERE IS GREAT CHOICE SELLERS BUYERS MOST POPULAR SECOND HAND GOODS FOR TRADE IN THE LAST 12 MONTHS TOP Clothes And Accessories Books And Magazines Toys And Games Home Furnishing Electronics THE GROWING SECOND HAND ECONOMY Gumtree Gumtree.com.sg ALMOST A 100% YEAR MORE THAN 10 TRADING OVER YEAR GROWTH IN ACTIVITIES MONITORED ON THE WEBSITE EVERY MINUTE ONLINE TRAFFIC Data supported by: Gumtree The study was conducted in February 2014 and polled 1,000 Singaporean adults. Of the participants, 52% were female and 48% were male. The median annual household income (before tax) of the participants was $71,098. Gumtree.com.sg

Booming Second Hand Economy in the Most Expensive City - Singapore

shared by GumtreeSG on Apr 09
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Singaporeans are taking advantage of the growing second hand economy, as shown in a recent study commissioned by Gumtree, Singapore’s number one free online classifieds .

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Economy
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