Feb 5, 2024
What is Recommerce?
Fillip Gladkov
Fillip Gladkov
Embracing Recommerce: A Sustainable Revolution in Consumer Habits
In a world where environmental impact becomes an increasing topic of discussion, the concept of recommerce has emerged as a transformative force, reshaping the way we consume goods. Before diving in, it is important to understand what “recommerce” really is. Short for "reverse commerce," recommerce encourages the second-hand use of products, offering a sustainable alternative to the traditional model of production and consumption. With that, the recommerce industry is gaining momentum, presenting both economic opportunities for entrepreneurs and ecological benefits for the planet. Here is why you should join the movement.
Consumption Habits
To understand the need for recommerce, it is important to get a grasp on the consumption habits of people worldwide. Most people buy items, use them a couple times, and then never use them again. How often does this happen? A lot. Take a look at these scary stats.
80% of items bought on Black Friday are thrown away after several uses
Online shopping generates 4.8 times more packaging waste than offline shopping given the same amount of spending
In June 2020, global retail e-commerce traffic reached a record 22 billion monthly visits and a staggering US$26.7 trillion in sales
Overstock
There is so much we can say about the problems of overstock, and if you’re a retailer, we’re sure that you have faced this challenge. Simply put, overstock is defined as the inventory that isn’t sold, collects dust in a warehouse, and loses money for the business. With returns being one of the leading reasons for overstock, here are some hard-hitting facts:
$816B of inventory returned every year (US 2022)
9.5B pounds of returns end up in landfills, that’s equal to 10.5k fully loaded Boeing 747’s
25M metric tons of CO2 is emitted from returns, about 5.1 million cars driven for one whole year.
Want to learn more? Here is an interesting read: https://www.gosharpei.com/blog/recommerce-and-its-impact-on-traditional-manufacturing
Questions to Ask Yourself
As we see, there are great dangers in abiding by our current consumption habits. If you are a customer, here is how you can change that. Ask yourself the following questions:
🤔 1. Do you really need it? Before making a purchase, ask yourself if it's a genuine necessity. Reducing consumption is one of the most effective ways to cut your ecological footprint.
🫴 2. Can you rent it? For items you don't need frequently, consider renting or borrowing. This can save resources and money.
🏄 3. Can you get it second-hand? Buying second-hand or vintage items not only gives new life to old things but also reduces demand for new manufacturing.
💎 4. Is it made well? High-quality, durable products may cost more upfront, but they can last longer, saving you money in the long run and reducing waste.
⚒️ 5. What is it made from? Choose products made from sustainable materials or ones that are easily recyclable. This promotes responsible sourcing and reduces landfill waste.
♻️ 6. Can it be recycled? Prioritize items that are recyclable, and be sure to recycle them properly. This closes the loop in the product lifecycle and minimizes waste.
In addition, think about shopping with companies that are leading in re-commerce. Here are some industries and a few noteworthy companies.
Sports Equipment
Sports equipment sector caters to fitness enthusiasts and adventure seekers alike. In recent times, the industry has witnessed a significant shift towards sustainability and accessibility, with innovative platforms like Carbosports emerging to redefine the way people engage with sports equipment. With the help of Sharpei, Carbosports now offers the resale and rental of sports gear, from tennis rackets, to bikes, and also skis, which allows their customers to pursue their active lifestyle, sustainably.
Baby Gear
Parents, current or future, how long do you use baby cribs for? 1 year? Where does that crib go when your baby is all grown up? This is where innovative solutions like those offered by Nonotu come into play. Nonotu, and similar brands, recognize the temporary nature of baby gear usage and offer a sustainable alternative through rental services. By allowing parents to rent baby cribs and other essential gear, Nonotu addresses the challenge of short-term use and provides an eco-conscious solution.
Musical Instruments
Recommerce has struck a chord in the musical instruments industry, offering aspiring musicians and enthusiasts an affordable and sustainable path to explore their passion. By renting instruments with Musicopolix, your guitar, keyboard, and/or drum set will let you play without recommerce the burden of long-term ownership.
E-Bikes and E-Scooters
Do you live in a big city? How do you get around? Consider electric mobility solutions, provided by companies like GoBlue, which provide an eco-friendly and cost-effective alternative for your daily commute.
Take a look at this bicycle graveyard…
If you represent a business, adopting a “circular” mindset not only aligns with eco-conscious consumer preferences, but also positions your brand as a champion of responsible and ethical practices. Here are some valuable tools and strategies to help your business extend product life cycles:
Second Hand Offerings
Before reintroducing second-hand items into the market, ensure a refurbishment and quality-check system. Invest in scrupulous employees to guarantee that each pre-owned product meets your brand's standards. This will enhance the product lifetime value, customer experience, and the reliability of your re-commerce offerings.
Sharpei
While second-hand offerings can be great for your business, more opportunities can come from partnering with Sharpei. Regardless of the industry you are in, starting a profitable rental business is easier than ever. On top of the new revenue streams you will unlock, we want to re-emphasize the sustainability in re-commerce, as well as the benefits of renting vs. owning. Interested in starting your rental business? We’re here to help. Drop us a message.
Embracing Recommerce: A Sustainable Revolution in Consumer Habits
In a world where environmental impact becomes an increasing topic of discussion, the concept of recommerce has emerged as a transformative force, reshaping the way we consume goods. Before diving in, it is important to understand what “recommerce” really is. Short for "reverse commerce," recommerce encourages the second-hand use of products, offering a sustainable alternative to the traditional model of production and consumption. With that, the recommerce industry is gaining momentum, presenting both economic opportunities for entrepreneurs and ecological benefits for the planet. Here is why you should join the movement.
Consumption Habits
To understand the need for recommerce, it is important to get a grasp on the consumption habits of people worldwide. Most people buy items, use them a couple times, and then never use them again. How often does this happen? A lot. Take a look at these scary stats.
80% of items bought on Black Friday are thrown away after several uses
Online shopping generates 4.8 times more packaging waste than offline shopping given the same amount of spending
In June 2020, global retail e-commerce traffic reached a record 22 billion monthly visits and a staggering US$26.7 trillion in sales
Overstock
There is so much we can say about the problems of overstock, and if you’re a retailer, we’re sure that you have faced this challenge. Simply put, overstock is defined as the inventory that isn’t sold, collects dust in a warehouse, and loses money for the business. With returns being one of the leading reasons for overstock, here are some hard-hitting facts:
$816B of inventory returned every year (US 2022)
9.5B pounds of returns end up in landfills, that’s equal to 10.5k fully loaded Boeing 747’s
25M metric tons of CO2 is emitted from returns, about 5.1 million cars driven for one whole year.
Want to learn more? Here is an interesting read: https://www.gosharpei.com/blog/recommerce-and-its-impact-on-traditional-manufacturing
Questions to Ask Yourself
As we see, there are great dangers in abiding by our current consumption habits. If you are a customer, here is how you can change that. Ask yourself the following questions:
🤔 1. Do you really need it? Before making a purchase, ask yourself if it's a genuine necessity. Reducing consumption is one of the most effective ways to cut your ecological footprint.
🫴 2. Can you rent it? For items you don't need frequently, consider renting or borrowing. This can save resources and money.
🏄 3. Can you get it second-hand? Buying second-hand or vintage items not only gives new life to old things but also reduces demand for new manufacturing.
💎 4. Is it made well? High-quality, durable products may cost more upfront, but they can last longer, saving you money in the long run and reducing waste.
⚒️ 5. What is it made from? Choose products made from sustainable materials or ones that are easily recyclable. This promotes responsible sourcing and reduces landfill waste.
♻️ 6. Can it be recycled? Prioritize items that are recyclable, and be sure to recycle them properly. This closes the loop in the product lifecycle and minimizes waste.
In addition, think about shopping with companies that are leading in re-commerce. Here are some industries and a few noteworthy companies.
Sports Equipment
Sports equipment sector caters to fitness enthusiasts and adventure seekers alike. In recent times, the industry has witnessed a significant shift towards sustainability and accessibility, with innovative platforms like Carbosports emerging to redefine the way people engage with sports equipment. With the help of Sharpei, Carbosports now offers the resale and rental of sports gear, from tennis rackets, to bikes, and also skis, which allows their customers to pursue their active lifestyle, sustainably.
Baby Gear
Parents, current or future, how long do you use baby cribs for? 1 year? Where does that crib go when your baby is all grown up? This is where innovative solutions like those offered by Nonotu come into play. Nonotu, and similar brands, recognize the temporary nature of baby gear usage and offer a sustainable alternative through rental services. By allowing parents to rent baby cribs and other essential gear, Nonotu addresses the challenge of short-term use and provides an eco-conscious solution.
Musical Instruments
Recommerce has struck a chord in the musical instruments industry, offering aspiring musicians and enthusiasts an affordable and sustainable path to explore their passion. By renting instruments with Musicopolix, your guitar, keyboard, and/or drum set will let you play without recommerce the burden of long-term ownership.
E-Bikes and E-Scooters
Do you live in a big city? How do you get around? Consider electric mobility solutions, provided by companies like GoBlue, which provide an eco-friendly and cost-effective alternative for your daily commute.
Take a look at this bicycle graveyard…
If you represent a business, adopting a “circular” mindset not only aligns with eco-conscious consumer preferences, but also positions your brand as a champion of responsible and ethical practices. Here are some valuable tools and strategies to help your business extend product life cycles:
Second Hand Offerings
Before reintroducing second-hand items into the market, ensure a refurbishment and quality-check system. Invest in scrupulous employees to guarantee that each pre-owned product meets your brand's standards. This will enhance the product lifetime value, customer experience, and the reliability of your re-commerce offerings.
Sharpei
While second-hand offerings can be great for your business, more opportunities can come from partnering with Sharpei. Regardless of the industry you are in, starting a profitable rental business is easier than ever. On top of the new revenue streams you will unlock, we want to re-emphasize the sustainability in re-commerce, as well as the benefits of renting vs. owning. Interested in starting your rental business? We’re here to help. Drop us a message.
Embracing Recommerce: A Sustainable Revolution in Consumer Habits
In a world where environmental impact becomes an increasing topic of discussion, the concept of recommerce has emerged as a transformative force, reshaping the way we consume goods. Before diving in, it is important to understand what “recommerce” really is. Short for "reverse commerce," recommerce encourages the second-hand use of products, offering a sustainable alternative to the traditional model of production and consumption. With that, the recommerce industry is gaining momentum, presenting both economic opportunities for entrepreneurs and ecological benefits for the planet. Here is why you should join the movement.
Consumption Habits
To understand the need for recommerce, it is important to get a grasp on the consumption habits of people worldwide. Most people buy items, use them a couple times, and then never use them again. How often does this happen? A lot. Take a look at these scary stats.
80% of items bought on Black Friday are thrown away after several uses
Online shopping generates 4.8 times more packaging waste than offline shopping given the same amount of spending
In June 2020, global retail e-commerce traffic reached a record 22 billion monthly visits and a staggering US$26.7 trillion in sales
Overstock
There is so much we can say about the problems of overstock, and if you’re a retailer, we’re sure that you have faced this challenge. Simply put, overstock is defined as the inventory that isn’t sold, collects dust in a warehouse, and loses money for the business. With returns being one of the leading reasons for overstock, here are some hard-hitting facts:
$816B of inventory returned every year (US 2022)
9.5B pounds of returns end up in landfills, that’s equal to 10.5k fully loaded Boeing 747’s
25M metric tons of CO2 is emitted from returns, about 5.1 million cars driven for one whole year.
Want to learn more? Here is an interesting read: https://www.gosharpei.com/blog/recommerce-and-its-impact-on-traditional-manufacturing
Questions to Ask Yourself
As we see, there are great dangers in abiding by our current consumption habits. If you are a customer, here is how you can change that. Ask yourself the following questions:
🤔 1. Do you really need it? Before making a purchase, ask yourself if it's a genuine necessity. Reducing consumption is one of the most effective ways to cut your ecological footprint.
🫴 2. Can you rent it? For items you don't need frequently, consider renting or borrowing. This can save resources and money.
🏄 3. Can you get it second-hand? Buying second-hand or vintage items not only gives new life to old things but also reduces demand for new manufacturing.
💎 4. Is it made well? High-quality, durable products may cost more upfront, but they can last longer, saving you money in the long run and reducing waste.
⚒️ 5. What is it made from? Choose products made from sustainable materials or ones that are easily recyclable. This promotes responsible sourcing and reduces landfill waste.
♻️ 6. Can it be recycled? Prioritize items that are recyclable, and be sure to recycle them properly. This closes the loop in the product lifecycle and minimizes waste.
In addition, think about shopping with companies that are leading in re-commerce. Here are some industries and a few noteworthy companies.
Sports Equipment
Sports equipment sector caters to fitness enthusiasts and adventure seekers alike. In recent times, the industry has witnessed a significant shift towards sustainability and accessibility, with innovative platforms like Carbosports emerging to redefine the way people engage with sports equipment. With the help of Sharpei, Carbosports now offers the resale and rental of sports gear, from tennis rackets, to bikes, and also skis, which allows their customers to pursue their active lifestyle, sustainably.
Baby Gear
Parents, current or future, how long do you use baby cribs for? 1 year? Where does that crib go when your baby is all grown up? This is where innovative solutions like those offered by Nonotu come into play. Nonotu, and similar brands, recognize the temporary nature of baby gear usage and offer a sustainable alternative through rental services. By allowing parents to rent baby cribs and other essential gear, Nonotu addresses the challenge of short-term use and provides an eco-conscious solution.
Musical Instruments
Recommerce has struck a chord in the musical instruments industry, offering aspiring musicians and enthusiasts an affordable and sustainable path to explore their passion. By renting instruments with Musicopolix, your guitar, keyboard, and/or drum set will let you play without recommerce the burden of long-term ownership.
E-Bikes and E-Scooters
Do you live in a big city? How do you get around? Consider electric mobility solutions, provided by companies like GoBlue, which provide an eco-friendly and cost-effective alternative for your daily commute.
Take a look at this bicycle graveyard…
If you represent a business, adopting a “circular” mindset not only aligns with eco-conscious consumer preferences, but also positions your brand as a champion of responsible and ethical practices. Here are some valuable tools and strategies to help your business extend product life cycles:
Second Hand Offerings
Before reintroducing second-hand items into the market, ensure a refurbishment and quality-check system. Invest in scrupulous employees to guarantee that each pre-owned product meets your brand's standards. This will enhance the product lifetime value, customer experience, and the reliability of your re-commerce offerings.
Sharpei
While second-hand offerings can be great for your business, more opportunities can come from partnering with Sharpei. Regardless of the industry you are in, starting a profitable rental business is easier than ever. On top of the new revenue streams you will unlock, we want to re-emphasize the sustainability in re-commerce, as well as the benefits of renting vs. owning. Interested in starting your rental business? We’re here to help. Drop us a message.
Embracing Recommerce: A Sustainable Revolution in Consumer Habits
In a world where environmental impact becomes an increasing topic of discussion, the concept of recommerce has emerged as a transformative force, reshaping the way we consume goods. Before diving in, it is important to understand what “recommerce” really is. Short for "reverse commerce," recommerce encourages the second-hand use of products, offering a sustainable alternative to the traditional model of production and consumption. With that, the recommerce industry is gaining momentum, presenting both economic opportunities for entrepreneurs and ecological benefits for the planet. Here is why you should join the movement.
Consumption Habits
To understand the need for recommerce, it is important to get a grasp on the consumption habits of people worldwide. Most people buy items, use them a couple times, and then never use them again. How often does this happen? A lot. Take a look at these scary stats.
80% of items bought on Black Friday are thrown away after several uses
Online shopping generates 4.8 times more packaging waste than offline shopping given the same amount of spending
In June 2020, global retail e-commerce traffic reached a record 22 billion monthly visits and a staggering US$26.7 trillion in sales
Overstock
There is so much we can say about the problems of overstock, and if you’re a retailer, we’re sure that you have faced this challenge. Simply put, overstock is defined as the inventory that isn’t sold, collects dust in a warehouse, and loses money for the business. With returns being one of the leading reasons for overstock, here are some hard-hitting facts:
$816B of inventory returned every year (US 2022)
9.5B pounds of returns end up in landfills, that’s equal to 10.5k fully loaded Boeing 747’s
25M metric tons of CO2 is emitted from returns, about 5.1 million cars driven for one whole year.
Want to learn more? Here is an interesting read: https://www.gosharpei.com/blog/recommerce-and-its-impact-on-traditional-manufacturing
Questions to Ask Yourself
As we see, there are great dangers in abiding by our current consumption habits. If you are a customer, here is how you can change that. Ask yourself the following questions:
🤔 1. Do you really need it? Before making a purchase, ask yourself if it's a genuine necessity. Reducing consumption is one of the most effective ways to cut your ecological footprint.
🫴 2. Can you rent it? For items you don't need frequently, consider renting or borrowing. This can save resources and money.
🏄 3. Can you get it second-hand? Buying second-hand or vintage items not only gives new life to old things but also reduces demand for new manufacturing.
💎 4. Is it made well? High-quality, durable products may cost more upfront, but they can last longer, saving you money in the long run and reducing waste.
⚒️ 5. What is it made from? Choose products made from sustainable materials or ones that are easily recyclable. This promotes responsible sourcing and reduces landfill waste.
♻️ 6. Can it be recycled? Prioritize items that are recyclable, and be sure to recycle them properly. This closes the loop in the product lifecycle and minimizes waste.
In addition, think about shopping with companies that are leading in re-commerce. Here are some industries and a few noteworthy companies.
Sports Equipment
Sports equipment sector caters to fitness enthusiasts and adventure seekers alike. In recent times, the industry has witnessed a significant shift towards sustainability and accessibility, with innovative platforms like Carbosports emerging to redefine the way people engage with sports equipment. With the help of Sharpei, Carbosports now offers the resale and rental of sports gear, from tennis rackets, to bikes, and also skis, which allows their customers to pursue their active lifestyle, sustainably.
Baby Gear
Parents, current or future, how long do you use baby cribs for? 1 year? Where does that crib go when your baby is all grown up? This is where innovative solutions like those offered by Nonotu come into play. Nonotu, and similar brands, recognize the temporary nature of baby gear usage and offer a sustainable alternative through rental services. By allowing parents to rent baby cribs and other essential gear, Nonotu addresses the challenge of short-term use and provides an eco-conscious solution.
Musical Instruments
Recommerce has struck a chord in the musical instruments industry, offering aspiring musicians and enthusiasts an affordable and sustainable path to explore their passion. By renting instruments with Musicopolix, your guitar, keyboard, and/or drum set will let you play without recommerce the burden of long-term ownership.
E-Bikes and E-Scooters
Do you live in a big city? How do you get around? Consider electric mobility solutions, provided by companies like GoBlue, which provide an eco-friendly and cost-effective alternative for your daily commute.
Take a look at this bicycle graveyard…
If you represent a business, adopting a “circular” mindset not only aligns with eco-conscious consumer preferences, but also positions your brand as a champion of responsible and ethical practices. Here are some valuable tools and strategies to help your business extend product life cycles:
Second Hand Offerings
Before reintroducing second-hand items into the market, ensure a refurbishment and quality-check system. Invest in scrupulous employees to guarantee that each pre-owned product meets your brand's standards. This will enhance the product lifetime value, customer experience, and the reliability of your re-commerce offerings.
Sharpei
While second-hand offerings can be great for your business, more opportunities can come from partnering with Sharpei. Regardless of the industry you are in, starting a profitable rental business is easier than ever. On top of the new revenue streams you will unlock, we want to re-emphasize the sustainability in re-commerce, as well as the benefits of renting vs. owning. Interested in starting your rental business? We’re here to help. Drop us a message.
In our vision of the future, everything is available on a pay-as-you-go basis, and products are regularly rotated to promote a sustainable world. 💚
Product
Company
Copyright © 2023 Sharpei. All Rights Reserved
In our vision of the future, everything is available on a pay-as-you-go basis, and products are regularly rotated to promote a sustainable world. 💚
Product
Company
Copyright © 2023 Sharpei. All Rights Reserved
In our vision of the future, everything is available on a pay-as-you-go basis, and products are regularly rotated to promote a sustainable world. 💚
Product
Company
Copyright © 2023 Sharpei.All Rights Reserved
In our vision of the future, everything is available on a pay-as-you-go basis, and products are regularly rotated to promote a sustainable world. 💚
Product
Company
Copyright © 2023 Sharpei.
In our vision of the future, everything is available on a pay-as-you-go basis, and products are regularly rotated to promote a sustainable world. 💚
Product
Company
Copyright © 2023 Sharpei.All Rights Reserved