The trend of thrifting, or the transaction of quality second-hand goods, is increasingly gaining popularity among the Indonesian populace, driven by a heightened awareness of sustainability and a minimalist lifestyle.
In this context, thrifting has evolved beyond a mere lifestyle choice; it has also created promising business opportunities, particularly for small and medium enterprises (SMEs).
A recent report estimates that the global second-hand goods market will reach a value of 197 billion USD by 2023, indicating a continuously expanding potential.
However, despite the significant market opportunities, the primary challenge faced is the lack of platforms that can ensure the quality of goods and foster trust between buyers and sellers.
Many buyers express skepticism regarding the quality of second-hand items, while sellers often struggle to reach the appropriate market.
In response to these challenges, Findit.id has emerged as a platform for buying and selling second-hand goods, utilizing artificial intelligence (AI) to provide a safer, easier, and more reliable transaction experience.
The AI technology implemented by Findit.id not only facilitates sellers in listing their second-hand items but also ensures that each listed item has undergone a rigorous curation process to maintain its quality.
Kiran Dev, CEO of Findit.id, stated, "Findit.id aims to provide a secure and trustworthy transaction platform for both sellers and buyers. With AI technology, we ensure a straightforward yet effective buying and selling experience. Our platform not only simplifies the process for sellers to upload their items but also guarantees appealing product descriptions that enhance sales opportunities."
Since its launch six months ago, Findit.id has registered over 100,000 users and showcases more than 76,000 items from 21,000 active sellers.