We've all been there before. You open that gift from a well-meaning loved one, and it's just not right for you. Maybe that T-shirt or blouse isn't your colour, or you already bought that tech device.
or signup to continue reading Is selling unwanted gifts a way to make an unexpected windfall this summer? Could the gift you put so much thought into for your grandson or granddaughter end up on an online shopping platform? According to research commissioned by online retail platform eBay, many Australians are selling their unwanted and raking in the dough. The research suggests Aussies could make up to $1 billion from selling gifts this festive season. A survey revealed Aussies received an average of two unwanted gifts last year, and 52 per cent had previously sold or planned to sell gifts this holiday season.
Fashion items and tech accessories were the most likely to be sold, with Gen Z (58 per cent) and millennials (57 per cent) the most likely to put their goods up for sale. Data also revealed a clear spike in items being sold after Christmas Day. When comparing data from December 1-25 with data from December 26-31, listings for boys' children's clothing went up by 162 per cent, girls' children's clothing by 69 per cent, tops by 29 per cent, pants by 22 per cent and dresses by 20 per cent.
Listings for tablets went up by 50 per cent, smartwatches by 45 per cent, video game console controllers by 41 per cent, headphones by 31 per cent, and video game consoles by 23 per cent. B.