We at swapit believe there is a huge market for buying and selling second hand items in Hong Kong. So we have been talking a lot about how people are buying and selling such items, what their process is and how we can improve it through swapit.
It is also very interesting to look a bit deeper into what people are actually selling on Facebook groups for example. For that, we selected 5 Facebook groups and took a closer look at them. Yet, we know there are several dozen more groups on Facebook as well as Yahoo and there are other websites – some especially dedicated to such classifieds. As we needed to keep it manageable, we chose 5 Facebook groups and analyzed the trading activity that’s happening in such groups.
To make it easier to understand, we put together a nice infographic that visualizes our results. From a very selfish perspective, it helps us to grasp the vast size of this market. Though, we are also happy to share this insights with all of you. Feel free to have a look at the infographic:
The content in this article and its infographic is based on research done by Kevin Hsu of the swapit team.