Ricardo Review 2024: AI Takes Off, Second-Hand Continues to Thrive

23.01.2025

The online marketplace Ricardo reflects on another impressive year, with over 6.5 million items sold. The trend towards sustainable consumption continued to grow in 2024. Leading the way was the “Household & Living” category, which saw a 26 % increase compared to the previous year, with approximately 620,000 second-hand items sold. Ricardo also scored technological achievements in 2024: The AI-based technology “Ricardo AI”, launched in summer to simplify buying and selling, made a strong debut. In December, for instance, over 25 % of all listings were created with the help of artificial intelligence – via the app, an even more impressive 41 % of listings were generated using “Ricardo AI”.

An annual analysis of the online marketplace Ricardo confirms the ongoing trend towards sustainable consumption in Switzerland. In 2024, buying and selling second-hand items on Ricardo saved approximately 156,500 tonnes of CO₂ emissions. Even amidst the global “fast fashion” and Temu consumption craze, Ricardo users remained loyal to their online marketplace for second-hand goods. A total of 444,191 active sellers (+ 4 % compared to the previous year) met 744,341 buyers (+ 1 %). Consistent with the previous year, 71 % of the items sold on Ricardo in 2024 were second or third-hand. This represents approximately 4.6 million second-hand items that found a new lease of life through Ricardo. Among these, 620,244 used products came from the Household & Living category (+26% compared to the previous year), 610,076 from the Clothing & Accessories category (+ 13 %), and 213,932 from the Books & Comics category (+ 22 %). In 2024, the most searched terms on Ricardo included Rolex, sofa, excavator, Lego, and caravan. The top search term in November 2024 was “Dubai chocolate”.

AI-Based Technology “Ricardo AI” on Track for Success

Another milestone in 2024 was the development of the AI-powered technology “Ricardo AI”, which was rolled out in the summer across the web as well as Android and iOS apps. With “Ricardo AI”, searching, finding, buying, and selling items has become even more intuitive and efficient. Simply uploading a product image enables users to view similar Ricardo items for purchase, thanks to artificial intelligence, or to generate automatically crafted listing descriptions for selling products. The new technology quickly gained traction: By December 2024, the AI-powered search to display similar Ricardo items had been activated approximately 537,000 times. That same month, 41 % of all listings created via the app were generated with AI support.
(For further information about “Ricardo AI”)

RicardoForGood: Over Half a Million Swiss Francs Raised for Charity

Thanks to the RicardoForGood initiative, various charity organisations such as SOS Children’s Villages, A Million Dreams, Pink Ribbon, Make a Wish, and others auctioned unique items or experiences with Swiss personalities for a good cause last year. These efforts raised a total of CHF 517,578 – a 25 % increase compared to the previous year. For example, an original Stöckli racing ski signed by Marco Odermatt was auctioned in support of A Million Dreams. Additionally, Swiss offered several design objects crafted from old Airbus parts as one-of-a-kind items from the “Swiss Recraft Collection”, with proceeds benefiting SOS Children’s Villages.
(For further information about RicardoForGood)

Mojca Fuks
Senior Corporate Communications Manager & Media Spokesperson

[email protected]


About Ricardo

Founded in late 1999 in Baar (ZG), Ricardo has grown over the past 25 years to become one of the most popular online marketplaces for secondhand goods in the Swiss e-commerce market. Ricardo is part of SMG Swiss Marketplace Group AG.
www.ricardo.ch

Marta Andreoni

Head of Design for Automotive

Introduce yourself and your role at SMG

I’m Marta Andreoni, Head of Design at SMG Automotive. I lead the design and UX writing team shaping AutoScout24 user experience. 

In my role, I wear many hats. My main focus is ensuring we stay true to our vision “simplifying people’s lives and connecting humans through innovative digital platforms” and our brand promise, “make it happen”. I challenge my team to think user-first, push for innovation, ease of use for our customers and make forward-thinking decisions, even within business and technological constraints.

 A big part of my role is supporting each designer’s growth, motivation, and career development. Through one-on-one coaching, mentoring, group work, and projects, I help my colleagues set and achieve their goals while fostering new learning opportunities.

What helps you feel empowered and confident in your role?

If I had to mention one thing I would say “being proactive” has been key to feeling more empowered. I enjoy solving problems, so when issues or opportunities arise, be it in the product, market or the team, I get curious and I proactively investigate the reasons and try to bring inputs to be discussed with others, this makes me feel I can be part of the process or solution and my point of view is going to be taken seriously. My optimism also plays a role, giving me confidence that even the most complex challenges can be solved. 

Besides, having trust from other managers and colleagues makes me feel in a safe environment where I can take ownership on topics I’m passionate about. 

What’s one thing SMG does well in fostering an inclusive workplace? What more can be done to amplify and support different perspectives in the workplace?

In my experience, we strive for balancing top-down and bottom-up inputs, ensuring employees can influence product directions, processes, and culture. People are approachable, and our strong feedback culture helps voices be heard. Across SMG, initiatives like regular People & Culture Surveys, topic guilds, and events in our locations across the world foster open exchange and mutual learning.

That said, I’ve noticed that quieter voices sometimes get less space, or interacting with top management can feel intimidating, especially when giving critical feedback. To make participation more inclusive, we could apply more facilitation and group work techniques like structured turn-taking, written input, and smaller group discussions – ensuring everyone, regardless of confidence level, seniority or personality, feels comfortable contributing. 

Design is often about seeing the world differently. How do unique perspectives contribute to more innovative, inclusive, or impactful design?

Design is about understanding diverse user personas and perspectives to create solutions that truly meet their needs or create new opportunities. I believe in the power of collaboration to shape user experiences – bringing together different disciplines, backgrounds, and lived experiences helps challenge assumptions, uncover blind spots, and drive more inclusive, innovative, and impactful solutions.

Looking back on your career, what’s one lesson or piece of advice you wish you had known earlier as a leader in design?

There are three things no one really prepares you for as a design leader: dealing with constant change, facing failure and handling emotions at work. These topics aren’t talked about much until you face them. I was lucky to learn from others’ experiences, but much of it came through my own.

One thing I wish I had understood earlier is the power of emotional intelligence, my job is no longer about the content and the design, it is about people. Self-awareness, not just of your own emotions, but also how others feel and react, can be the difference between conflict and harmony, frustration and clarity. The more I grow as a leader and designer, the more I realise that design isn’t just about doing the design job, delivering solutions on the market: it’s about navigating people, their emotions, and making change more acceptable and transforming issues into opportunities, both within the organisation and through great products.

 

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