Zapper sees 172% trading volume growth

UK based C2C ‘re-commerce’ platform Zapper has seen a trading volume growth of 172% in the financial year ending March 2021, thanks to the pandemic leading people to sell unwanted goods.

Among the big selling lines, the books category saw 455% volume growth. Zapper’s Managing Director, Stephen Hankinson, said “the growth of re-commerce over the past decade or so has been enabled by two trends in principle. The first being a welcomed transition to the more eco focussed mentality of recycling or reselling items that in the past may have gone to landfill. Secondly, advancing technology of platforms like our own, whereby users can receive instant cash offers for items they no longer want or need. The pandemic has really just accelerated these trends”.

Until 2020 Zapper focused on media such as books, games, CDs and DVDs, but moved into consumer tech such as phones and tablets. Hankinson continued, “we’re delighted to be expanding our operation and providing our loyal customers a simple way to trade in their phones and electronic devices. The pre-owned consumer technology market continues to grow quickly in the UK, as consumer behaviour increasingly shifts towards buying refurbished technology. These developments are the next logical steps for the company and we’re happy to be finally answering the calls of our customers to begin accepting these items through the platform”.