eBay UK Partners With Circular Fashion Expert ACS Boosting Access to More Second-Hand Goods
eBay UK is partnering with clothing resale, sanitization and repair experts Advanced Clothing Solutions (ACS) to expand the online marketplace’s second-hand offering, and help reduce waste in the fashion industry.
- Do you need a business bank account for your online business? Have a look at our review of the five best bank accounts for sellers, some of which are free with no minimum balance or deposits.
- AI can change your entire social media game today. Learn how you can save time writing engaging content faster. [sponsored]
- How to lower your taxable income and pay less in taxes. [sponsored]
- ‘My Community Made’ is a new marketplace to compete with Etsy and Amazon Handmade.
- EXCLUSIVE: Interview with Chris Prill, VP eBay Motors, discussing the new Guaranteed Fit program.
This follows new research from eBay UK, which reveals a growing ‘resale economy’ in the UK, as more cost-conscious and environmentally-minded consumers choose to buy and sell second-hand over new.
Almost nine in 10 (87%) UK adults surveyed said they have bought an item second-hand in the past twelve months, while more than six in 10 (63%) say they have sold a second-hand item.
So far, this trend is translating into sales, with eBay reporting one second-hand fashion sale every second this year.
The partnership will help more brands and retailers to create and quickly scale resale offerings while giving 20 million plus customers on eBay UK more choices in second-hand goods.
The first retail partner to launch on the ACS eBay Shop is Monsoon, with other high-street names set to follow. All proceeds earned by Monsoon through its eBay ACS shop will be donated to The Monsoon Accessorize Trust.
ACS cleans, sanitizes and repairs second-hand items, making them resale ready, as well as arranging the logistics of item listing and delivery.
eBay’s marketplace platform will connect its millions of shoppers worldwide with this stock.
The partnership aims to capitalize on the increasing shift to second-hand goods, driven by the cost-of-living crisis and a growing concern for environmental sustainability.
eBay UK Survey on Second-Hand Goods
eBay UK conducted a survey of UK adults asking about their experiences and motivations for buying second-hand goods.
Their top reasons were: to “get a better deal or to find a bargain” (32%), to “cut back on spending”, and “the rise of the cost of living” (both 31%), followed by a drive to be “more sustainable” (26%).
As the ‘resale economy’ becomes more mainstream and the scale and range of items on offer grow, consumers are increasingly likely to consider second-hand over new.
One in four (25%) UK adults surveyed said that a broader range of second-hand items now being available to buy was a key reason for them making a second-hand purchase.
However, the research found barriers exist when it comes to second-hand items becoming mainstream.
Concerns about hygiene (51%), safety of second-hand products (35%), quality issues (28%), and fake or inauthentic goods (27%) are the main reasons for avoiding preloved goods.
The new partnership aims to tackle some of these misconceptions in the second-hand market, with strict quality controls, the latest technology in sanitization and high standards of repair, helping to improve trust among shoppers and nudge more shoppers to choose preloved.
Commenting on the research Murray Lambell, UK Vice President of eBay, said: “Our economy and our environment are in need of urgent repair. If we want our businesses to be here in 20 or 100 years’ time, we need to move away from our fixation on overconsumption and instead mark ourselves on circularity.”
“There is huge commercial value in backing the resale economy and the retailers that are first to make the change and invest, will benefit the most in the long run.”
Commenting on the partnership Lucy Peacock, Head of Preloved at eBay UK, said: “Across the fashion industry we know there is a greater need to build a sustainable future. Since 1995, eBay has extended the life cycle of products, whether through consumer-to-consumer reselling or our Imperfects hub, so it’s fantastic to partner with ACS, who are at the forefront of enabling the circular fashion economy.”
“Pairing eBay’s reach among conscious customers, with ACS’ expertise in garment repair, resale and recycling will help reduce waste in the fashion industry and showcase a kinder way to shop that benefits both people’s wallets and the planet.”
And Andrew Rough, Chief Executive Officer of ACS Clothing added: “The surge in second-hand clothing sales is undoubtedly a reaction to the growing consumer conscience of sustainability in fashion as well as the increasing cost of living and the pressure this places on spending.”
“eBay is famous for its vast offering of preloved clothing, and this scalable resale partnership with ACS will enable them to develop this further.”
“As the biggest back-end logistics provider of resale garments in the UK., the ACS resale offering extends clothing life to minimize waste and keep current garments in circulation for longer. We take care of textile repairs, eco-friendly cleaning, quality control and more to get those preloved items back on the shelf.”
“This partnership with eBay is not only important news for the development of circular fashion, we process over six million items at our 200,000 sq ft fashion hub each year, but it is a stepping stone for ACS as this will enable us to open our first brand approved shop front.”
“We want to redesign the future of fashion by providing a solution to the industry’s sustainability crisis. We seek to transform the fashion industry from the outdated take-make-dispose model toward a circular fashion solution that extends the life of existing textiles and diverts clothing from landfills. With eBay, we know this is possible.”
This partnership is the latest move by eBay to prevent fashion items from being sent to landfills, building on the launch of eBay UK’s ‘Imperfects Hub‘ earlier this year – giving shoppers the opportunity to get clothes, shoes and accessories which are considered new with defects, but can’t be sold at full price – and Brand Outlet, eBay’s dedicated destination to shop end of season stock at up to 70% off.
Connect with us: Head over to our Facebook Group for Small Business Sellers and interact with other small business owners.
Follow us on Facebook, Twitter, or LinkedIn to stay up to date with relevant news and business insights for your online business.
Subscribe to Our Newsletter
Business Insights for Your Online Business Presented with a Dash of Humor
We do not share your information and you can unsubscribe anytime.
Editorial Note: This post is from a Company Press Release and may have been modified for clarity.
Greatly beneficial blog! Thank you very much for this great piece.