Ikea Launches Secondhand Marketplace to Compete with Ebay and Promote Eco-Friendly Practices

Monday, 26 August 2024, 04:00

Ikea is launching its secondhand marketplace to compete with Ebay, facilitating peer-to-peer sales of used furniture. The platform, Ikea Preowned, aims to redefine secondhand retail. Testing starts in Madrid and Oslo, signaling a significant shift in Ikea's business model.
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Ikea Launches Secondhand Marketplace to Compete with Ebay and Promote Eco-Friendly Practices

Revolutionizing Secondhand Retail

Ikea is stepping up to challenge platforms like Ebay, Craigslist, and Gumtree with its new peer-to-peer marketplace called Ikea Preowned. The initiative allows customers to sell their secondhand furniture directly to one another, streamlining the process and expanding Ikea's role in the sustainable furniture market.

Testing Phase in Major Cities

The pilot program will take place in Madrid and Oslo until the end of the year, with plans to roll out globally. Jesper Brodin, CEO of Ingka, emphasized that this endeavor is driven by a growing digital confidence at Ikea. The platform will support listings of various items, allowing users to input product details and images.

Enhancing Customer Engagement

  • Buyers can collect items directly from sellers.
  • Participants may opt for cash or an Ikea voucher with a 15% bonus.
  • Listings are currently free with potential future charges.

This marks a major pivot for Ikea, transitioning from merely retailing new furniture to embracing a circular economy. As the company continues to evolve its digital offerings, the Preowned platform embodies Ikea's commitment to sustainability with a target of becoming climate positive by 2030.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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