According to a recent report by vouchercodes.co.uk, the prices for pre-loved items can vary significantly depending on the resale webstore. The study compared prices of popular branded fashion items on three pre-loved sites: Depop, eBay, and Vinted. The findings revealed that consumers could be paying more than 400% extra for the same item on a different website.
The research examined 20 of the most popular branded fashion items of the year, including Carharrt dungarees, Nike Air Jordan 1s, Ted Baker’s French Bulldog mini tote bag, and Levi’s 501s. The analysis showed that eBay emerged as the cheapest platform for pre-loved items, with the lowest price for 12 out of the 20 items. The price fluctuations were staggering, with Carharrt dungarees varying by 467% across different websites.
The total average price for all 20 items on eBay amounted to £980.74, making it the most cost-effective option. Vinted came in as the second cheapest platform, with the same items totaling £1,084.36. Depop was the most expensive, with the 20 items costing £1,177.96 in total, which is 20% higher than on eBay. The report emphasized the importance of conducting thorough research and shopping around to ensure the best deals are obtained.
This research serves as a reminder for consumers to be aware of the potential price disparities when shopping for pre-loved items. It highlights the importance of comparing prices and conducting due diligence to secure the most cost-effective options. By investing time and effort in researching the market, consumers can make informed choices and potentially save significant amounts of money on pre-loved fashion items.
To read more about pre-loved fashion and resale platforms, check out these useful links:
– The Guardian: Second-hand sales boom as pandemic consumers buy into sustainability
– Vogue: Resale and the second-hand fashion market
