In an effort to reduce consumption behavior in consumers this holiday season, Toronto Tool Library partnered with the Centre for Social Innovation to launch its seventh annual Holiday Gift swap event. The event offers a free and sustainable alternative to shopping for holiday presents as well as free workshops by Tiny Toy Space to upcycles toys into magnets.
The rules of the Holiday Gift Swap are simple. Bring in items that you no longer need (provided they are in good condition) and swap them for new-to-you holiday gifts. For example, books, toys, houseware, and more. All items are deemed to be of equal value, and once you present your items upon entering, you will receive tickets you can exchange for items.
Holiday Gift Swap Events
Toronto's Holiday Gift Swap is a Sustainable Way to Give This Christmas
Trend Themes
1. Sustainable Gift Swapping - Opportunity for businesses to create platforms or events that promote sustainable gifting alternatives.
2. Upcycling Workshops - Potential for businesses to offer workshops that teach people how to upcycle items to transform them into new products.
3. Equal Value Exchange - Disruptive innovation opportunity for businesses to create platforms or apps that facilitate fair-value item swapping.
Industry Implications
1. Retail - Retailers can explore sustainable gift swapping as an alternative to traditional shopping experiences.
2. Education - Education institutions or organizations can offer upcycling workshops to promote sustainability and creativity.
3. Technology - Tech companies can develop digital platforms or apps that enable fair-value item exchange for gift swapping events.