Slash
Springwise: Online Marketplace Gives Users Surprise Items, Then Let’s Them Swap

New website enhances the retail experience by giving consumers the chance to network with other consumers to trade products.

Sam McNerney
Sam McNerney on February 15, 2012.

While retail outlets are finding increasing success in taking the shopping experience online, the search goes on for a compelling social shopping experience, allowing users to interact with one another as well as their favorite brands. TheStyleCure is one website that has recently tried to help shoppers easily share their potential purchases with friends through Facebook, and now Little Black Bag aims to get shoppers to exchange the products themselves.

Based on the Japanese concept of ‘fukubukuro’ — or ‘lucky bag sale’ — Little Black Bag gets shoppers to first pick a mystery goody bag of top-name fashion and beauty products. Then consumers have a week to search the site’s marketplace to try and swap their items and build their perfect set. After all trading has finished, the bag is then sent out to the shopper. Little Black Bag says that the experience puts the fun and excitement back into retail therapy and offers the site’s users the chance to discover some new products they may not have otherwise tried. As an incentive, the company will also offer regular prizes worth 4-to-5 times the value of the bags. Little Black Bag has already secured brands such as Z Spoke by Zac Posen, BCBGeneration, Betsey Johnson and Kenneth Jay Lane, and hopes to add shoes and accessories to its virtual shelves in the coming months. Bags start at USD 59.95.

(Continue reading here.)

Originally published on Springwise, republished with kind permission.

Springwise is an independent new business ideas and innovation firm that seeks out the most promising new business ideas around the world. Learn more about Springwise.

Thinking...