Property Abroad
Blog
Vinted is improving safety guarantees for second-hand luxury, but Spain will have to wait.

Vinted is improving safety guarantees for second-hand luxury, but Spain will have to wait.

Vinted is improving safety guarantees for second-hand luxury, but Spain will have to wait.

The Vinted platform, a leader in the buying and selling of second-hand fashion, has announced the launch of a new service aimed at strengthening buyers' trust in the authenticity of branded items offered on the platform. Although counterfeits are theoretically prohibited in this app, the new product verification service provides a valuable option for those seeking additional guarantees when purchasing high-quality second-hand goods.

Now, customers from France, Italy, Germany, Belgium, and the Netherlands can order a verification service during the checkout process for an additional fee of ten euros. This guarantees the authenticity of the selected item, which must be valued at over 100 euros and belong to the categories of bags, shoes, accessories, jewelry, and watches. The task of verifying the legality of these items is entrusted to specialized experts. Vinted's CEO Adam Jay emphasized the importance of authenticity and trust, explaining that they have been working hard "to provide a reliable designer goods verification service at an affordable price." "Since Vinted was founded 15 years ago, our goal has always been to make second-hand fashion the first choice for everyone, and we see this new service as an important step in our ambition to ensure complete trust in our community."

Why haven't they come to Spain yet?

New features are usually tested first on a small scale to assess their viability before they are gradually rolled out. However, other factors can also influence the decision to implement or reject certain services.

Recommended real estate
Buy in Spain for 288000€

Sale flat in Alicante with sea view 310 994 $

2 Bedrooms

2 Bathrooms

98 м²

Buy in Spain for 346000€

Sale flat in Alicante with city view 373 625 $

2 Bedrooms

2 Bathrooms

105 м²

Buy in France for 346000€

Sale flat in Saint-Denis 373 625 $

3 Bedrooms

2 Bathrooms

109 м²

Buy in Spain for 120000€

Sale flat in Costa Blanca 129 581 $

1 Bedroom

1 Bathroom

61 м²

Buy in Spain for 33000€

Sale house in Langreo 35 634 $

1 Bedroom

1 Bathroom

40 м²

Buy in France for 79500€

Sale flat in Saint-Aubin-les-Elbeuf with city view 85 847 $

2 Bedrooms

1 Bathroom

68 м²

Cultural and behavioral differences among consumers can impact the decision to adopt or forgo certain services, and my hypothesis is that in this case, the perception of counterfeiting risk in Spain is lower than in other places, which may have led them to focus their efforts on areas where demand or concern about authenticity is more pronounced.

The revealing data from the latest study by the European Union Intellectual Property Office (EUIPO) shows that Spain is the second country in the European Union (EU) that consciously purchases the most counterfeit goods, second only to Bulgaria. The study indicates that 20 percent of Spaniards, particularly those aged 15 to 24, have knowingly bought counterfeit goods in the past twelve months. This marks a record high in the country since the organization began its analysis in 2016. Clothing (17 percent) and footwear (14 percent) are the most popular counterfeit products both in Spain and in most European countries. While price is usually the main reason, the European Union emphasizes that the issue of counterfeiting is not limited to the damage to the brand's intellectual property but also has a significant impact on society, the environment, and even health, especially in the case of products like perfumes and cosmetics that do not undergo proper sanitary controls.

Logistical challenges may also influence the decision not to implement the service in Spain.

Comment