Archives for April 2022

April 22, 2022 - No Comments!

A look ahead on the sharing economy

It has been just over 15 years since Airbnb changed the way we think about where we stay. They democratised property rental and rewarded a whole generation of property owners and travellers alike. Since then, we've seen many other sectors transformed by the sharing economy. From food delivery (Deliveroo, Uber Eats) to transport (BlaBlaCar, Uber, Lime) to self-storage (Stashbee, StoreMate), we are witnessing a fundamental change to the way people are accessing goods and services.

But what about the humble marketplace? Commerce is a story as old as time, from the bazaars and souks to eBay and Gumtree. Not much has been done with this traditional model of buying and selling, except perhaps the 'mobile revolution', where marketplaces simply got a facelift for smartphone access.

Our vision for the future of marketplaces

If you think about it, it never really makes sense to buy something and hold onto it while you're not using it. We live in a world of overconsumption, facilitated by the traditional ecommerce models and incumbent buy/sell marketplaces.

Why not rethink the model, and instill a cultural shift towards temporary ownership? Imagine a world where everything you owned was online for people to buy, borrow or rent off you. Your car, your bikes, clothes, books, powertools - even the food in your cupboards -  listed on an online profile. You could browse the profiles of other people around you, moving items (and ownership) from profile to profile, seamlessly.

  • Need a powerdrill for 30 minutes? Bob round the corner will rent you his.
  • Looking for a new book to read? Sarah nextdoor has all of her books listed on her Paperclip profile.
  • Run out of cinnamon and need a dash for that apple pie? That house across the street has some, even though you've never met them before.

This would get you what you want, when you want it, and for far cheaper, faster and more sustainable than buying new.  That's the future that Paperclip is working towards.

Over the course of this year, we'll be taking the necessary steps to transform the culture of consumption and provide a marketplace that truly serves the people. Stay posted!

If you wish to keep up to date with the latest news from Paperclip HQ, simply follow us on Twitter here.

Published by: Laurence in News, Perspective

April 13, 2022 - 1 comment.

The true cost of overconsumption

What motivates the team at Paperclip HQ to keep going?

In short, we're on a mission to challenge the way people think about the things they own and we believe that our trading community can make a difference. We understand the size of this challenge, but we also understand that we are a critical moment in terms of securing our future on this planet. There's never been a more urgent time for us rethink our shopping habits and reconsider how we buy, sell and swap.

Shocking Sustainability Statistics

Sibilance aside, we’re living in an era of mass overconsumption. We're already seeing the effects in our environment and these statistics really do paint a bleak picture of our collective consumption habits...

Fashion faux-pas

If you checked out our piece about fast fashion last year, you'll know that the fashion industry now manufacturing four times more items than it was back in 2001! Most of these new items are cheap, disposable items of clothing. These often end up in landfill, where it can take over two hundred years for them to decompose.

  • Over two tonnes of clothing bought each minute in UK
  • Amazingly, the average garment is worn just ten times before it's thrown out
  • Less than 10% of all the clothes we throw out gets successful recycled
  • Globally, the equivalent to a rubbish truck full of clothes ends up on landfill sites every second
Kitchen Nightmares

It's not just clothes that end up in landfill. Despite a sustained push to increase the rates of food recycling in the UK recent years, our environment is still struggling to digest our leftovers...

  • Right now, the UK wastes around 9.5 million tonnes of food every single year
  • Despite this, 7 million people in the country are struggling to afford to eat
  • Globally, a whopping 33% of all the food we produce is thrown out
  • It's not just` the food itself that we throw out, crockery and kitchen utensils often can't be recycled due to the materials used in the manufacturing process
E-waste embarrassment

The term 'e-waste' refers to electronic products that are unwanted, not working, and nearing or at the end of their 'useful life.' Computers, mobiles, televisions and even games consoles are increasingly seen as 'disposable tech' with repairs often costing almost as much as a new device.

More and more electronics are finding their way into landfill

The amount of e-waste has been rising for years, but only now are we beginning to understand the real cost of our addiction to electronics.

  • Millions of tons of e-waste are generated globally every single month - the equivalent of throwing out 1000 laptops a second.
  • E-waste contains extremely toxic chemicals, including: lead, arsenic and mercury. Exposure to these chemicals, directly or indirectly, can cause a myriad health problems.
  • It's predicted that global e-waste levels will skyrocket to 74 metric tonnes by 2030 – almost double the figure recorded in 2014!
  • Though recovery and recycling rates for e-waste across Europe in 2019 stood at 59%, the global average was just 17.4%.

Paperclip is on a mission to help reshape these habits by facilitating the sale of preloved items and championing the sharing economy. With over three quarters of all the items sold on Paperclip being second hand, you have a great chance of finding a new home for your old iPhone, or the unwanted gift sat in your wardrobe.

It's free to join and with no fees for adding items, why not list your stuff for sale on the Paperclip marketplace today?

Keep up with the latest news and views from Paperclip HQ. Follow us on Twitter here.

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This article contains research and statistics from the following sources; Labfresh Waste Index, United Nations FAO, edie and The World Counts.

Published by: Laurence in Musings, Perspective