In this episode of Add To Cart, we are joined by Yasmin Grigaliunas, CEO & Co-Founder of the World’s Biggest Garage Sale.
Yas has been leading the secondhand market in Australia through her innovative approach to reusing and recycling dormant goods. Starting as a charity, World’s Biggest Garage Sale has evolved into an investable business model with purpose and giving at its core.
Questions answered in the podcast include:
How big is the secondhand market going to grow globally?
What does a secondhand business model look like?
How can retailers start or partner to offer secondhand goods to customers?
Which retailers are excelling in the secondhand economy?
We joked about Yas writing the secondhand dictionary. Here are some key terms Yas refers to:
Circular economy. Embracing the whole lifestyle of a product from new to near-new to secondhand to recyclable.
Dormant goods. Goods that are no longer in use but are not yet at the point of donation.
Resource recovery. Acquiring goods that are no longer needed – often at your own expense.
Re-commerce platform. A sales channel, online or offline, to get secondhand goods in the hands of customers.
CANsulting. Solving corporate problems, often for the greater good of society.
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