Filipinos are taking advantage of online selling to earn extra cash, including selling their pre-loved items online. But did you know that 60% of Filipinos are willing to sell their exes’ gifts and stuff? They’ve got hugot; and they’re making extra cash from it, too.
The Carousell’s Valentine’s Day survey revealed that 58.9% Filipinos state they are willing to sell their ex’s items. Their top three motivations are to earn extra cash (35%), to declutter (34%), and to let go of the past (26%). Out of the 40% who are not willing to sell their ex’s gifts, 37% can’t let go of the memories associated to the item and 36% still find the items useful.
67% of those surveyed relate to hugots, and mostly share their hugots with friends and on social media. Interestingly, the hugot trend has also spread to online selling.
“We have seen a rising trend of users writing hugot captions with their items. There are 24,000 listings with the word ‘hugot’ in the description. According to Carousell’s internal data, these items are usually clothes (70%), soft toys (53%) , and even luxury items (37%).” said Marita Galvez, marketing manager of Carousell Philippines.
One such seller is CeeCee (@thehugotseller) who sells her exes’ clothes with witty hugot captions. The process has not only helped her declutter but also to let go. “Selling my ex’s stuff has been a way for me to turn those items to my advantage. It helped me release my bitterness, have a little fun, and even earn from it.”
Moving on and moving forward
“At Carousell, our mission is to inspire the world to sell so they can fill their life with more meaningful experiences. This Valentine’s Day, we encourage all Filipinos to let go of their emotional and physical clutter.” shared Marita.
Since its launch in Philippines in 2016, Carousell has become one of the fastest growing mobile classifieds marketplace where people can buy, sell and connect with one another. In Philippines, there are more than 5.7 million listings in the marketplace with more than 1.6 million items sold.
To help young Filipinos move on, Carousell will organize a series of online and offline activities in the month of February as follows:
Carousell Hugot List & Win P500 Giveaway (February 2-16)
List items given by your ex with hashtag #CarousellHugot and share story behind item for a chance to win P500 cash.
MoveOn Flash Sale (February 9-11)
Let go of any items priced P299 below to be featured in Carousell’s special collection.
Valentine’s Day UP Fair (February 14)
Carousell will join the much-awaited annual UP Fair hosted by the University of the Philippines Diliman for the Move On Campaign and activation at the Carousell Booth.