Innovation That Matters

Sellers take a photo – app prices, sells and ships consumers' unwanted items

Work & Lifestyle

Sold. prices, sells and delivers homeowners' unused items simply by getting them to take a photo of the object.

Internet marketplaces have made it possible for sellsumers to turn their unused objects into extra cash, but the process of getting those items online, ensuring they sell and packaging them can be a laborious process. That’s where Sold. comes in, with a mobile app that aims to do all of the work for them. Focusing on mid-to-high value goods – such as electronics, fashion and luxury items – Sold. users take an image of the object they want to sell. Using “smart pricing analytics”, the startup attaches a price tag and finds a buyer. Once a sale has been agreed, sellers are sent a Sold. box, which comes “pre-paid, pre-labeled, pre-insured, tracked, and filled with bubble wrap”. They can then leave it at a designated drop-off spot, or arrange to have it picked up by the Sold. team. The app is availale for free on the App Store. The video below explains the premise in more detail: Sold. estimates that there’s more than USD 30 billion is currently “sitting in the growing closets and drawers nationwide, and it hopes to help get those assets back into the economy. Currently serving only US customers, is this one to emulate in your neck of the woods? Spotted by: Donna Whalley



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