Used items discover few takers amid dampened Tet purchasing spirit

Anh Duyen in Ho Chi Minh Metropolis’s District 3 listed 10 objects on the market on social media, however a brand-new skincare product was the one factor may promote and at half the market value.

“All of the remaining objects are purposeful and listed at very low costs, however I nonetheless couldn’t promote them,” she mentioned.

“Promoting used stuff is just not straightforward this Tet in comparison with earlier years,” she mentioned. referring to the Lunar New Yr, which falls on January 22 this yr.

The weeks earlier than Tet are often a time for purchasing, however persons are discovering that this yr it is more difficult than typical to promote issues.

Minh Loc of HCMC’s Thu Duc Metropolis supplied his iPhone 13 Professional Max 512GB on social media for VND22 million, 15% lower than the market value, however couldn’t promote it although there have been 16 inquiries.

Considered one of them agreed to purchase however provided that he may pay in three month-to-month installments, he mentioned.

“My value is VND3-4 million decrease than at smartphone shops, however it nonetheless is troublesome to promote.”

On used items buying and selling platform Cho Tot, the variety of inquiries for used smartphones has fallen by 10% this yr and by 33% for brand spanking new ones.

The identical pattern has been seen within the circumstances of different merchandise reminiscent of fridges, washing machines and air conditioners, which fell by 14%.

Demand is down by 10% for electronics, 9percentfor tourism and companies, and 4% for furnishings.

Used garments recorded a 9% progress.

Fb group Sai Gon Cho Lac Xoong, the place 75,800 members purchase and promote used items, has been seeing low exercise in current weeks, its founder, Dam Ha Phu, mentioned.

“Individuals’s incomes are down and so they aren’t spending huge on objects. The one approach to promote is to record at extraordinarily low costs.”

Besides for garments and another very low-cost objects, different classes usually are not traded a lot, he added.

Sellers like Thu Xuan in Go Vap District haven’t any selection however to make cut-rate costs to promote shortly: She not too long ago offered a VND3 million electronics coupon for VND2 million.

“I’ve been promoting resort coupons at 50-70% of their worth,” she mentioned.