Rentla, onar, get the second hand and sell!

Visa’s latest market research, built with 8000 consumer and 2000 SMEs (small and medium-sized business) participation across Europe, reveals that people are looking for more sustainable methods to re-evaluate existing shopping habits due to the effects of life-efficient and climate change. Visa offers conversion economy and six economic activities defined under this concept:[
Rental[
Refill
Repair[
Redistribution[
Second hand sell[
Refund when life is completed.

] 87 percent of the face performed at least a conversion economy activity
]87 percent of those participating in the survey conducted by the Opinium research company have carried out at least one conversion economy activity. In six behaviour, the ‘second hand sell’ stands out as more understood and accepted behavior compared to others. 45 percent of consumers last year, at least twice, the second hand was released. 25 percent of SMEs in Europe currently offer this option, 48 percent says they are planning in the next period. 27 percent of consumers say they can buy repaired or renewed products since they will be more affordable. The most positive ministers to repair for extending the life of products are 65 years old. Refilling like repair is also preferred to save consumers for almost three. The return of products that complement the service life is the highest possible behavior of consumers to adopt in the future.
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An important driving force for consumer benefits]
According to the research, the person and small business owners for the prevalence of the transformation economy stand at a key point where they understand the opportunity and savings potential in this area. One of the adults involved in the survey says that they will take part in these activities if they will benefit material, for example, they can load an application to sell used clothes or furniture, or they can move to redistribute excess foods. Environmental benefits are also an important driving force for consumers. The research reveals that nine of each 10 adults are actively involved in environmentally friendly activities within the last three months, and a large majority of 93 percent of which use less packaging is an impact on the environment and society. 43 percent of respondents are defined as the main reason for the reduction of waste, packaging or plastic in the conversion economy. This also shows that environmental concerns and costs lead individuals to conversion economy.

Will create the opportunity to switch to the traditional economy[
As consumer preferences have changed, opportunities for businesses are also changing. In Europe, the transition to circular economy is estimated to create an economic opportunity of 900 billion Euros up to 2030, and data shows that businesses perceive this opportunity.. Annual revenues of SMEs that offer conversion economy services are increased by 22 percent in the last two years, while growth potentials are more. 69 percent of consumers states that their conversion economy is higher than businesses that purchase products or services. 91 percent of SMEs who participated in survey across Europe states that they want to adopt more sustainable business stick shapes while one of them can use 20 percent of their income to invest in this direction. [