Hello, same here, I’m on the rise. But I’ve changed a lot of things and realized that if I didn’t change anything, I would sink.
It’s multifactorial.
I’ll repeat it, but Vinted is reaching saturation, a limit of total sales. I had described the 5/6 stages of an economic activity: growth, stagnation, transformation, decline, but not only that.
It’s a market that evolves very, very quickly, but as sellers, we have inertia in strategy, in products to sell, etc., you know. The difficulty is to anticipate.
There’s really no room for everyone. Especially since, like many other sites before, Vinted has gone from selling my little things to making it a business or a source of supplementary income, and the approach will be very different. Many will equip themselves to make beautiful listings and take beautiful photos. As professionals, we used to differentiate ourselves on that, but increasingly, even those selling their own things are making beautiful listings.
This is the influencer effect: contrary to what they say, their interest is opposed to ours: they sell training courses, they also earn money through partnerships with suppliers, for equipment like softboxes, etc. This is a factor against us since it will increase competition.
Quite a few videos about buying at flea markets.
Take into account the number of new items (not ads) you have per month, or per day? And the type of product and its condition. For example, if you go from 200 to 160 per month, that’s a 20% decrease, and is the condition constant? Not necessarily for used items.
Take into account the economic and psychological contexts of each country, which have a strong impact on consumption.
For example, a one-degree difference in temperature has a considerable effect on the products consumed.
Add to this a growing awareness of the effects of excessive consumption.
Everyone’s closets are full, and after talking to people, many told me, « I’m not going to buy online anymore, I’m overdosing on so much abundance. »
Here’s a set of reasons, and there are many others; you have to integrate them and try to find products… that are functional and in tune with the times, otherwise sales will inevitably decline.