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Swap.com On-line department store for Massive Amount of Pre-owned Items

Objective

A part of developing more sustainable lifestyles is to extend the life time of items and foster re-use of the items. The first preference would be to acquire a pre-owned item and only if that is not feasible, purchasing a newly manufactured item produced in a sustainable way.

Currently, the challenge in acquiring pre-owned items through peer-to-peer internet sites is that people need to see effort to photograph and list their items and then if someone buys their item, they need to pack and ship the items.

Swap.com provides an on-line consignment department store for pre-owned items in a cost-efficient and easy-to-use way. Items that are no longer needed are sent to Swap.com's fulfillment center where they are sorted, photographed, packed and stored. Swap.com solves customer issues regarding the selling effort by so that customer can pack the items into a box and send the items to Swap.com's fulfillment center.

This project targets to develop an industrial scale capability for selling and trading relatively inexpensive pre-owned (i.e. second-hand) items on-line in massive scale. This means that items with values as low as 2 EUR can be processed so that customers selling their items through Swap.com can get their share and Swap.com can make profitable business.

The approach is to scale-up the fulfillment center operations to a more efficient multi-processing flow where key parts are optimized and automatized further. The project also develops recommendations and search mechanisms in the customer front side (Swap.com service) so that customers find specifically what they are looking for.

Swap.com’s concept will encourage re-use of items instead of dumping them into landfills, and will therefore help to enable the transition towards a circular economy. Swap.com’s goal is to be the world’s leading on-line department store for pre-owned items.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

NETCYCLER OY
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 285 851,88
Address
RUOHOLAHDENKATU 10
00180 HELSINKI
Finland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Manner-Suomi Helsinki-Uusimaa Helsinki-Uusimaa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 836 931,25
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