July 2014, During the first half of this year, people in Ireland generated €112 Million by selling unwanted items from around their home, according to Ireland’s largest classifieds website Adverts.ie.
Sales of second hand items from the Home & Garden reached (€5.7 Million), Mobile Phones (€5.6 Million) and Sports & Fitness equipment (€2.5 million), while the baby boom has also continued to surge with (€1.1 million) in second hand prams, car seats and baby stuff making their way from one to another.
Commenting on the report, Ronan Lyons, Economist said “The latest Adverts.ie index gives us more fascinating insights into the heartbeat of the everyday economy in Ireland. As with everything over the last few months, Garth Brooks looms large, with a boom in concert tickets sales — up to a point! — between April and June, while the sale of mobile phones went through its usual post-Christmas quiet-time.”
He continued, “The adverts figures also point to longer-term trends worth watching in future reports. The volume of baby & nursery equipment is up €160,000, which suggests that Ireland’s baby boom continues, as do new Irish parents’ willingness to go online and looks for bargains in the second-hand economy.”
The top 6 categories by sales for the first half of 2014 are as follows:
1 Home & Garden €5.7 Million
2 Mobile phones €5.6 Million
3 Sports & Fitness €4.3 Million
4 Musical Instruments & Equipment €4.2 Million
5 Electronics €2.5 Million
6 Baby & Nursery – €2 Million
Included amongst the 1.2 million items listed for sale in the first half of 2014:
One handmade Vampire hunting kit with 3 stakes
One working French Guillotine
One large 3 story fun factory
One too many very frightening Reborn dolls. Eek.
Notes to the editor:
Adverts.ie is Ireland’s largest new & second hand marketplace. There are over 757,000 items available for sale today with on average 7,500 new listings being added each day. As of July 24th 2014, the site has over 702,300 registered members.
About the Adverts.ie index:
The Adverts.ie index, is based on an analysis of the full database of items listed on the website up to the end of July 2014. This figure represents the largest percentage of the second hand marketplace being advertised online in Ireland and therefore gives a very accurate overview of Ireland’s second-hand economy.