Australian homeowners are jumping at high-end merchandise as they power their home remodeling and prepare closed spaces.
After working at home for months, some are renovating a small house that would not have been possible without a pandemic.
Online spending on home-related products increased by 207% and transactions increased by 228%, according to data from the “buy now, pay later” company Humm.
These include outdoor furniture (28%), tools and lawnmowers (26%), hot water and gas installations (26%), blinds, shutters and curtains (23%).
As Australians balance fitness and telecommuting, so do home gym (54%) and computer equipment (55%) purchases.
“People are looking for ways to continue to enjoy their lifestyle, so it’s more comfortable to make large purchases online,” said Humm CEO Rebecca James.
“People who don’t go on holidays spend money on new lounges or work on long lists of jobs.”
The company proposes to cover the cost of a $ 30,000 transaction with interest-free repayment options from 6 to 60 months.
“We allow consumers to pay off things over the long term and make those more expensive purchases more affordable,” said James.
The epidemic of online trade employment platforms has recently surged in demand for certain categories of trade, such as carpentry, tiled, fencing, and the installation of gas heaters and air conditioners.
“The increase in the number of transactions through our platform shows that the demand for transactions is still very strong,” said Stuart Tucker, Chief Customer Officer of hipages.