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Cost-of-living Crisis Leads to Rise in Second-hand Shopping

As the cost-of-living crisis continues, the cost in energy bills, food, rent and fuel continue to rise. UK consumers have started looking towards second-hand shopping from charity shops, online marketplaces, and resale platforms like Vinted. The additional benefit of this means consumers are, maybe without realising, reducing their environmental impact.

With inflation still high, consumers today are changing the way they shop; cutting back in some areas and opting for second-hand items in others.

According to new research from eBay Ads, the rising cost-of-living and sustainability concerns are accelerating the second hand shopping market. Between December 2021 and January 2022, searches for ‘upcycled’ rose by 40%, ‘second hand’ rose up 24%, and ‘repair kit’ rose up 21%. It would appear that shopping habits are favouring sustainable purchases. Our habits are changing and more of us are looking to adopt sustainable lifestyles.

Elisabeth Rommel, Global GM at eBay Ads, commented: “Between the rising cost-of-living and a growing desire to make more sustainable purchases, UK consumers are increasingly thinking about how they can be savvy with their shopping. With upcycling, buying second-hand, and more sustainably sourced products all rising on shoppers’ agendas, retailers in turn need to be adapting to these evolving preferences in order to engage their customers and contribute to the circular economy. 

“Whether it be offering a repair service, starting a second-hand shop, or making packing and materials more sustainable – retailers must tap into what really matters to consumers today, and communicate sustainability credentials clearly in their marketing and product information.” 

In 2022, eBay became Love Island’s First Ever Pre-Loved Fashion Partner. This news was received positively across social media as people were becoming more aware of fast fashion‘s environmental impact. 

But something has changed in the quality of second-hand fashion, more noticeably in the last year. 

Something is changing

I came across a tweet where someone was asking second-hand shoppers if they had noticed a difference in the quality of secondhand clothing recently. After a few conversations, my pre-recorded mini interview was aired on BBC Radio 4’s You and Yours programme along with other secondhand shoppers to get a broader view on the changes in the secondhand market.

It would appear that charity shops may be missing out on sales due to the rise in online second-hand clothing websites and apps.

Charity shops have noticed that since the rising cost of living they have seen more people are choosing to sell their clothes online on places like Vinted and Depop, whereas these items may have previously been donated to a charity shop. This has led to a fall in quality clothing available those hunting secondhand fashion. 

In the current economic climate, when many of us are strapped for cash, we look at what we have that we no longer need. Selling online has never been easier – you can do it from the comfort of your own sofa, lying in bed or travelling on the bus. Potentially making an extra few quid for a few minutes work does have its benefits. 

Of course, where does this leave charity shops?

Many of us are acutely aware of how fast fashion brands greatly benefits the fashion industry. Some brands make clothes at break-neck speed to hit high street shops to keep up with fashion trends. In some cases, these clothes are cheaply made and of low quality. I’ve personally noticed these low quality clothes are appearing more and more in charity shops.

Since secondhand shopping tends to be primarily on the area of fashion, it’s helpful to focus on this. Secondhand shopping, whether it’s charity shops, thrift shops, or online apps, is part of a wider growth of the circular economy because it’s designed to avoid products ending up in landfill; a closed-loop system where materials would be reused over and over again. 

It’s clear that consumer behaviour is changing and second-hand spending is becoming the norm, especially as younger generations, especially Gen Z shoppers are seeing the reality of climate change. We’re all becoming more careful on how we spend our disposable income.