{"id":141556,"date":"2022-11-24T15:17:50","date_gmt":"2022-11-24T14:17:50","guid":{"rendered":"https:\/\/www.vuelio.com\/uk\/?p=141556"},"modified":"2022-11-28T14:22:49","modified_gmt":"2022-11-28T13:22:49","slug":"which-products-are-most-likely-to-be-bought-second-hand-this-christmas","status":"publish","type":"post","link":"https:\/\/www.vuelio.com\/uk\/blog\/which-products-are-most-likely-to-be-bought-second-hand-this-christmas\/","title":{"rendered":"Which products are most likely to be bought second-hand this Christmas?"},"content":{"rendered":"

In effort to support Brits with the cost-of-living crisis, national coverage on how to budget for Christmas has increased by 486% since last year. Alongside this, discussion around <\/strong>\u2018side hustles\u2019 is up by 326%, with the resale of both luxury and high street goods as the leading topic of interest in this area. <\/strong><\/p>\n

During October, 186 national new sources reported that 60% of Brits plan to spend less this year<\/a>. Furthermore, a widely distributed eBay report shows that 62% of luxury shoppers<\/a> actively selling on second-hand sites have resold a luxury accessory for a profit. This rapid growth in resale is undoubtedly an international trend, with over 200 international newspapers across the UK and North America referring to it as \u2018investment\u2019,<\/a> which some consumers \u2018consider a safer store of value than stocks\u2019.<\/a><\/p>\n

Since the start of the cost-of-living crisis, the social acceptance of second-hand items has been widely discussed across general and retail-industry news. Between 27 and 30 October, the headline \u2018Brits are no longer embarrassed to charity shop\u2019<\/a> was syndicated across 89 national and regional news sources, while Oxfam were quoted 72 times<\/a> in saying that \u2018second-hand books are at the top of people\u2019s wish-list\u2019.<\/p>\n

Key Takeaways<\/strong>\u00a0<\/strong><\/p>\n