In circular shopping, retail goods are designed, sourced, produced and made with the intention of being used and circulated by society responsibly and effectively for as long as possible in their most valuable form, and then returning safely to the biosphere once no longer useful.
A circular approach to shopping reduces landfill waste, which solves several problems. A substantial change has occurred in the generation and management of MSW (Municipal Solid Waste) over the last few decades. During the period 1960-2018, MSW generation increased (except during recession years) from 88.1 million tons to 292.4 million tons. (US EPA).
It is always difficult to embrace circularity in every aspect of an e-commerce business. A major issue for many e-commerce retailers is managing the variable costs associated with old stock storage and returns handling. As a result, unused and quality products end up in landfills at an alarming rate.
In terms of reverse logistics, GSM Holdings attempts to solve a large part of this problem. By creating a circular economy for e-commerce, we have created a market for better products and services for customers. As inflation continues to impact on the standard of living, our GSM Deal City shopping platform provides an opportunity for customers to reduce the amount they spend on retail products. We at GSM Holdings search for the best deals in the global liquidation markets and help customers to save time and money while making a positive impact on the planet.
GSM holdings provides affordable products across multiple categories as one of the few sustainable re-commerce markets in the world. We are trying to put in place different circular economy principles, such as ensuring operational eco-efficiency, distributing with climate friendliness, and selling with purpose. Our aim is to be the ambassadors for this global problem to reduce landfill accumulation so that we create a better planet.