{"id":19178,"date":"2021-12-01T03:00:00","date_gmt":"2021-12-01T03:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/12\/01\/carousell-report-finds-philippines-most-receptive-to-secondhand-in-the-region\/"},"modified":"2021-12-01T03:00:00","modified_gmt":"2021-12-01T03:00:00","slug":"carousell-report-finds-philippines-most-receptive-to-secondhand-in-the-region","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/12\/01\/carousell-report-finds-philippines-most-receptive-to-secondhand-in-the-region\/","title":{"rendered":"Carousell report finds Philippines most receptive to secondhand in the region"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p> MANILA, PHILIPPINES &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 1 December 2021 &#8211;\u00a0The Philippines is the most&#13;<br \/>\nreceptive market for secondhand goods in the Greater Southeast Asian region.&#13;<br \/>\nThis is one of the findings in the inaugural Carousell Recommerce Index (2021&#13;<br \/>\nreport), a Carousell Green initiative that highlights the importance of sustainability&#13;<br \/>\nand recommerce in the region. The report is part of several programs organized&#13;<br \/>\nby <a href=\"https:\/\/www.linkedin.com\/company\/carousell\">Carousell Group<\/a>, the leading classifieds&#13;<br \/>\ngroup in Greater Southeast Asia, to help address the issue of overconsumption&#13;<br \/>\nand covers findings from four Carousell Group brands namely Carousell, Ch\u1ee3 T\u1ed1t,&#13;<br \/>\nMudah.my and OneKyat, across eight markets &#8211; Hong Kong, Indonesia, Malaysia,&#13;<br \/>\nMyanmar, the Philippines, Singapore, Taiwan and Vietnam, involving over 3,000 buyers&#13;<br \/>\nand sellers.<\/p>\n<p>Recommerce refers to the&#13;<br \/>\nselling and buying of previously-owned products, including both new and used in&#13;<br \/>\ncondition. In the Philippines,&#13;<br \/>\n92% of consumers responded that they&#8217;ve bought secondhand items including&#13;<br \/>\nunused and brand-new items by casual everyday sellers. This is the highest&#13;<br \/>\namong all Carousell Group markets. It was shown that 58% percent of Filipino&#13;<br \/>\nonline consumers are most comfortable buying&#13;<br \/>\nsecondhand apparel, while 75% of Filipino merchants choose to sell secondhand&#13;<br \/>\napparel.<\/p>\n<p>When it comes&#13;<br \/>\nto buying secondhand items, 74% of Filipino consumers prefer purchasing secondhand items\u00a0due to their&#13;<br \/>\naffordable price, while 72% of consumers who have never bought a secondhand&#13;<br \/>\nitem said that having authentication and warranty of products will&#13;<br \/>\nmotivate them to buy secondhand items. <\/p>\n<p>Regionally, consumers had&#13;<br \/>\nan estimated 102,556 unwanted items at home that could be sold. The Philippines&#13;<br \/>\nis one of the markets that had the most users forecasting 100 unwanted items to&#13;<br \/>\nsell, and tied with Hong Kong in third place for the highest average items per&#13;<br \/>\nuser at 43 unwanted items. While most consumers estimated earning between PHP&#13;<br \/>\n2,501 to PHP 5,000 for selling their unwanted items, 11% believed they could&#13;<br \/>\nearn more than PHP 35,0000.<\/p>\n<p>Overall, the&#13;<br \/>\nstudy revealed that while Women&#8217;s Fashion has held a steady&#13;<br \/>\nposition at the top category for secondhand items on Carousell Philippines,&#13;<br \/>\nMen&#8217;s Fashion and Hobbies &amp; Toys climbed the charts in 2020 to be in second&#13;<br \/>\nand third place respectively. T-Shirts &amp; Polo Shirts saw the most interest&#13;<br \/>\nfor Men&#8217;s Fashion, while the demand for Children&#8217;s Books was the highest in&#13;<br \/>\nHobbies &amp; Toys. The top categories for supply are similar,&#13;<br \/>\nwith\u00a0secondhand cars breaking out into third place. Listing views for used&#13;<br \/>\ncars rose by 37% during the pandemic.<\/p>\n<p>&#8220;Recommerce offers the second-best sustainable option by extending the&#13;<br \/>\nlife cycle of each garment and material,&#13;<br \/>\nkeeping it out of landfills, and replacing the need to produce new items, and limiting consumption,&#8221; said Ralph Garcia, Country MarketingHead, Carousell Philippines. &#8220;Since the pandemic&#13;<br \/>\ndrastically changed consumer behavior in the past months, we came up with\u00a0&#13;<br \/>\nthe Carousell Recommerce Index to find out\u00a0 where we are now, and what we&#13;<br \/>\ncan do to encourage Filipinos to consider buying\u00a0 secondhand as their&#13;<br \/>\nfirst choice to promote a circular economy and encourage them to practice&#13;<br \/>\na\u00a0 more sustainable lifestyle<span style=\"font-size: 1rem\">.&#8221;<\/span><\/p>\n<p>Despite the&#13;<br \/>\ngrowing support for recommerce across the regions, there are still buyers who&#13;<br \/>\nare hesitant to purchase secondhand items because they find it difficult to&#13;<br \/>\nascertain the quality of a product. In the autos category in Carousell&#13;<br \/>\nPhilippines, this has been circumvented with the launch of Carousell Autos&#13;<br \/>\n&#8220;Inspected&#8221; feature which is available to all buyers for free to provide them&#13;<br \/>\nwith confidence and peace of mind when searching for vehicles in the Carousell&#13;<br \/>\nplatform. Carousell will continue to be a gateway for&#13;<br \/>\nanyone to contribute to the circular economy, encouraging consumers to take&#13;<br \/>\ntheir first steps towards more sustainable lifestyles.<\/p>\n<p>Lucas Ngoo,&#13;<br \/>\nCo-founder, Carousell Group said, &#8220;As a pioneer for mobile classifieds in the&#13;<br \/>\nregion, Carousell Group has been constantly working to remove friction and&#13;<br \/>\nenable secure, seamless transactions. With the use of AI and data, we have been&#13;<br \/>\nfocused on accelerating our recommerce leadership in the region to make buying&#13;<br \/>\nsecondhand trusted and convenient. This, in turn, will help to solve the&#13;<br \/>\nmeaningful problem of overconsumption with recommerce and thus make secondhand&#13;<br \/>\nthe first choice for consumers.&#8221;<\/p>\n<p>The Carousell&#13;<br \/>\nRecommerce Index (2021 Report) is available for download <a href=\"https:\/\/press.carousell.com\/carousell-green\">here.<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-12-01\/107704\/carousell-report-finds-philippines-most-receptive-to-secondhand-in-the-region\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, PHILIPPINES &#8211; Media OutReach &#8211; 1 December 2021 &#8211;\u00a0The Philippines is the most&#13; receptive market for secondhand goods in the Greater Southeast Asian region.&#13; This is one of the findings in the inaugural Carousell Recommerce Index (2021&#13; report), a Carousell Green initiative that highlights the importance of sustainability&#13; and recommerce in the region. The &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19178"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19178"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/19179"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}