This news comes as 43% of adults across the country are seeking new ways to mediate the unprecedented rise in the cost of living; specifically looking for solutions that are both green and immune to inflation. 

In the past 8 weeks, 17,000 new families have turned to finding second-hand alternatives through YoungPlanet, taking the size of their total community to 150,000 users. The platform provides a free, ‘cashless’ platform based on a sharing economy model, in which parents can list or request a range of different children’s items, including clothes, shoes, and toys, as well as baby and nursing equipment. 

YoungPlanet’s number of users are predicted to spike further in the run up to Christmas, as 48% of shoppers plan to purchase preloved items for gifts this year in order to cut down costs. 

Jason Ash, co-founder of YoungPlanet, comments:

“With COP27 headlining the news this week, discussions about the circular economy are more important than ever. Not only is our platform tackling national waste by extending the circulation of high-quality items, but our free business model enables users to drastically cut their costs. 

“Since YoungPlanet is immune to price hikes and inflation, we’re seeing a spike in the number of items that are being shared through our site ahead of Christmas, with more people favouring pre-loved alternatives over buying brand new. Our aim is to provide users with an easy and accessible way to combat rising costs and environmental concerns, whilst building a community of eco-conscious sharers.”

The YoungPlanet app is available from the App Store and Google Play Store to download for free.