As a global pioneer in recommerce, eBay is proud of the way we empower both buyers and sellers to participate in the circular economy.
Our recently released 2022 Recommerce Report explores what drives our community of sellers and buyers to participate in the sale of pre-loved goods. The report shows that both sellers and buyers are turning to recommerce for its financial benefits. Sellers are making and expanding their livelihoods on our marketplace by selling gently used goods, while buyers are seeking pre-owned items to find what they love at a fraction of the price.
The report surveyed buyers and sellers across the U.S., U.K., Canada, Germany, France, Italy, Australia and Japan. Key findings from the report include:
- 90% of buyers said they’ve purchased pre-loved goods on eBay in the past year.
- 93% of sellers said sustainability was either “very” or “somewhat” important to them.
- 79% of sellers said their selling on eBay has stayed the same or increased over the prior six months due to the economy.
Sustainability goes hand-in-hand with recommerce. By participating in the circular economy, we can ensure that perfectly good products don’t find their way into landfills when they retain plenty of value.
About 90% of our seller respondents said reducing waste is an important aspect of sustainability and why they look to participate in recommerce. Positively, in 2022, eBay recommerce resulted in 73,000 metric tons of waste avoided from landfills, 1.6 million metric tons of avoided carbon and $4.6 billion in positive economic impact created by eBay’s sellers and buyers.
To read our full report please click here: https://www.ebaymainstreet.com/news-events/ebay-releases-new-recommerce-report