According to tech blog Trendwatching, secondhand shopping will see a steady increase in 2014. No big surprise, particularly since the region has seen a recent spike in prices. Here’s an interesting excerpt from their article, Five Unmissable Asian Consumer Trends for 2014:
Aided by the proliferation of brick-and-mortar retail outlets (such as Hong Kong’s Milan Station and India’s YNew below), and by a host of online and mobile portals, watch as Asian consumers more readily trade in and trade up via a variety of pre-used, pre-owned models and offerings in many sectors. Whether buying marked-down luxury items, secondhand (design) fashion pieces, or consumer electronics, these consumers will seek status and access, but at a more affordable – and less intimidating – price point.
Check out the screen caps below — we get a mention in their start ups to watch in the secondhand business sector. Thanks Trendwatching!