A social buying app extremely popular with young adults is sitting on a treasure trove of statistics that might assist brands determine what’s going to be cool next


More than 13 million human beings have registered with Depop since it was released in 2012. For a few, any interaction with the app would possibly have ended there. However, most of the people might likely have gone on to store, sell, or, at the least, look for an item on the app in a while.

A social buying app extremely popular with young adults is sitting on a treasure trove of statistics that might assist brands determine what's going to be cool next 1

Because of this, Depop says that it’s miles sitting on a treasure trove of facts showing what younger customers are buying and trying to find proper now. Many manufacturers who are focused on those clients might, in all likelihood, shell out large dollars to have access to it.

“We have to get admission to millions of younger human beings within the UK and US and what they are trying to find and what they need,” Rachel Swidenbank, vice chairman of Marketplace at Depop, informed Business Insider.
Swidenbank stated that she has observed that the purchasing network is figuring out traits 3 months earlier than they hit the mainstream. While this information is currently most effectively shared with sellers so that you can better identify what users need and then bolster their stock, the business enterprise isn’t always averse to sharing it with other agencies or partnering with manufacturers in the future, she said. “A lot of humans need to understand what Gen Z is as much as in the meantime, what they’re questioning, and what they’re searching for, so it’s miles actually something that several brands would like to get their hands on,” she stated.

While millennials had been the most mentioned and researched generation of the beyond a decade, brands are increasingly more moving recognition to the following technology as they start to input the group of workers and have greater spending strength. These customers, referred to as Gen Z, are currently their young adults and make up the lion’s percentage of Depp’s customers, Swidenbank stated. 90% of Depp’s customers nowadays are beneath 26. “This organization is for the subsequent era,” she stated.

Depop has grown to be extremely famous with these teenagers, and primarily based on the research about this era, and it is because they may be happy to shop secondhand and are seeing fees within the resale market to make cash. There are many other schemes out there designed to make money off anyone who might be a little too trusting. The general rule is, you don’t give or use money that you couldn’t afford to lose. If you are given money in the form of a check, money order, or even cash, give the bank time to verify it is real. Please do not spend the money or send the money until it is verified. Open a separate account so as not to mix the potentially fake money with your real money. Be very careful about giving out personal information.

You might be thinking that you should avoid everything that comes with the words “mystery shopping” attached. Please don’t conclude that mystery shopping is always illegitimate. There are opportunities out there for those that want to shop businesses for money. Businesses rely on mystery shopping to make sure their front-line employees are meeting their standard of customer service. Sometimes they do the shops internally, sending in upper management undercover. Sometimes they ask their regular customers to evaluate their service. Third-party businesses do the most common and most effective mystery shopping programs.

Mystery shopping, by its very nature, is secretive. Companies do not want people or other companies to know about their mystery shopping program, and shoppers do not want people to know that they are mystery shoppers. Mystery shopping companies have to be very careful about how they promote their business. They can’t go around saying, “we have shopped at McDonald’s,” to the whole world. They have to be somewhat generic. “We have fast-food shops in this city,” they might say. These generic advertisements arouse suspicion among those who mystery shopping companies would most like to reach. It is a catch 22.

People looking to become shoppers can find a few places where they can be sure the opportunities they are getting are real—one of those places is the Mystery Shopping Providers Association (MSPA). The MSPA is like the Better Business Bureau, except they deal exclusively with mystery shoppers and mystery shopping companies. Their website is mysteryshop.org. They help connect shoppers with legitimate companies.