When asked to rank their favorite resale site, “other” came in tops at 39 percent, with Goat and Depop grabbing 27 percent and 24 percent, respectively. StockX had 18 percent of votes, while eBay came in with 15 percent. The RealReal, Poshmark, ThredUp and Curtsy all came in with less than 10 percent.
With technology, Cowen said, “most respondents [51 percent] report spending four to six hours per day on their phone,” while 28 percent spend two to four hours a day. Digging deeper into spending habits, the authors of the report said the survey results “indicate spending went unchanged in last six months; shopping was the most likely category for spending cuts while groceries were least likely.” The report also showed that Gen Z had a strong preference for greener forms of transportation and sustainable products at 58 percent and 56 percent, respectively.
With Web 3.0, the authors of the report found that 95 percent “of survey participants have never shopped in a virtual world” while “86 percent of those surveyed have never purchased an NFT.”
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