According to a new report from eBay, many Australian households have been on a monetary run over the past year. Some made more than $ 10,000 selling unwanted items online.
While many people tightened their wallets or used the extra time at home to obtain an eviction during the pandemic, around one in five Australians – 22 percent – started selling used goods online.
More than half – 52 percent – made an average of $ 4,292 from selling their loved goods online, but one in ten Australians made money – more than $ 10,000 selling used goods online, according to the online retailer.
The e-commerce giant examined in its report “Lockdown: One Year On”, a survey of more than 2,100 Australians in early 2021, how shopping habits have changed during the pandemic.
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The report found that at the height of the pandemic, the nation responded quickly to hygiene and safety. In March 2020 alone, sales of face masks rose by more than 700,000 percent and sales of hand wash products rose by 4,000 percent.
At home, more and more people were engaged in new and old hobbies, with sewing surprisingly making a comeback. Sewing sales rose 654 percent in August 2020 and became the fastest growing hobby in winter.
Aussies have spent more than $ 59 million on books since the lockdown began. When we started doing an inventory of our savings, sales of Scott Pape’s money book, The Barefoot Investor, grew 152 percent. Meanwhile, some Aussies had other thoughts: Sales of adult fiction like the Fifty Shades of Gray series increased fivefold in May 2020.
Lego sales hit the roof with three Lego sets selling every minute on eBay.
People also turned to nature when they could. Sales of fishing gear increased by 1,588 percent in July 2020.
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Tim MacKinnon, Managing Director of eBay Australia, believes the online shopping trend will continue after an additional million shoppers turned to eBay shopping since the beginning of the pandemic.
“We saw the rapid acceleration of e-commerce firsthand,” he said.
“It’s hard to believe that it’s been a year since the COVID-19 pandemic put parts of Australia into lockdown. Nobody knew how consumers would react when we first stepped into this crisis, but a year later we saw a rapid acceleration in e-commerce, a trend that will continue. “
Mr. MacKinnon added that they saw “tremendous support” for native local businesses, 40,000 of which are on eBay. “Searches on eBay for Australian-made items rose more than 430 percent in July,” he said.
Dominique Lamb, CEO of the National Retail Association, agreed that online shopping played a huge role in 2020 as Aussies navigated a pandemic.
“The past 12 months have been an incredibly volatile time for Australian retailers, with government bans, panic buying and higher discretionary spending,” said Ms. Lamb.
“While we saw retail spending spike over the holidays, online shopping played a bigger role in that role than ever.”
Gary Starr, executive general manager of Business, Government and International at Australia Post, said online deliveries had gotten off to a good start. January – usually a quiet month after the holiday season – rose 44 percent over the previous year.
“It is clear that online remains a critical channel for buyers,” said Starr.
“Online shoppers’ engagement remains high and while we don’t expect the same extreme peaks we saw in 2020, online shopping participation is expected to stabilize well above pre-COVID levels. “
Futurist Chris Riddell said shopping had seen the fastest and most significant change in over 100 years in the past 12 months in what he called “retailing the world over”.
“This is without a doubt the most extraordinary time to be a consumer. In the next five years alone we will see more innovations than in the last 50 years, ”he said.
“Much of what we see today is just the tip of the iceberg for the new normal as online platforms such as marketplaces integrate into this new world of intelligent experiences where data is used to ensure that each person’s experience is personalized become a single moment, from computers as CEOs to digital storefronts to virtual e-commerce dating assistants.
“Yes, the future will be different. But the future will also be amazing. “