Should you’re interested in how a lot cash you can also make promoting on thredUP, preserve studying! I’m detailing my private expertise utilizing the web consignment store and whether or not it’s price your time.
Rising up, my household was on a good finances. To assist make ends meet, my sister and I might put on hand-me-downs from household and pals, and my mother would promote our previous garments at storage gross sales and consignment outlets. Being introduced up this fashion, it was solely pure for me to resell my previous garments for cash too.
The primary time I resold my clothes was in school, at a Buffalo Trade. I offered just a few pairs of denims and a few footwear. I didn’t earn some huge cash – however with the cash I did make, I used to be capable of purchase myself a few new-to-me clothes objects.
From there, I began promoting immediately person-to-person by way of on-line need advertisements, like Craigslist and Fb Teams. Whenever you take the center man out of the equation, your income are a lot greater, however it’s important to make investments extra time writing your advert, taking pictures, responding to potential patrons, and finally assembly them in particular person to make the transaction.
So, when thredUP got here onto the scene, I used to be excited to attempt them out.
How Does thredUP Work?
thredUP is a web-based consignment and thrift retailer the place you should buy and promote gently used clothes, footwear, purses, equipment, and jewellery for girls and youngsters.
I’ve been promoting garments on thredUP since 2015, and their course of is ALWAYS altering. Once I first began utilizing thredUP, there have been no charges to start out promoting; you simply ordered a clean-out package and shipped it again to them. It could often take them just a few weeks to course of your package, after which they bought the objects they needed outright. Now, they’ve many charges, and each merchandise is positioned on consignment.
To start out promoting on thredUP, go to their web site and click on on the clear out tab. From there, you’ll select between utilizing a free delivery label with your personal field or paying a $2.99 charge to get a clean-out package just like the one pictured beneath. With the clean-out bag, all it’s important to do is fill it up along with your gently used clothes and take it to the publish workplace for cargo.
From there, you’ll resolve on the processing time. Presently, it takes 6+ weeks or extra to course of baggage. Should you’d like rush processing (2 weeks), you’ll be charged a $8.00 charge.
Subsequent, you’ll resolve what to do with the clothes that isn’t accepted for resale. In accordance with thredUP, they solely settle for about 50% of the objects on common; nonetheless, I really feel prefer it’s lower than that. In order for you your objects returned, it is advisable pay a $10.99 charge; in any other case, you may select to donate what’s left.
The final charge is a $14.99 service charge that’s deducted out of your earnings for utilizing their service. Once I first began promoting on thredUP, they didn’t have this charge.
It often takes thredUP longer than estimated to course of clean-out kits, after which you should anticipate objects to promote. So, if you happen to’re in search of a fast method to earn money, I might discover these different choices.
What Gadgets Does thredUP Settle for?
If you wish to earn money promoting on thredUP, it is advisable comply with their high quality requirements:
Your clothes must be clear and freshly washed
Title manufacturers
On development and fewer than 5 years previous
Gadgets freed from tears, stains, or rips
Excessive-quality objects which might be in good situation
thredUP prefers designer manufacturers like J. Crew, Gucci, and Lululemon, which garner the best consignment commissions. Mid-priced manufacturers like Nike and Hole obtain mid-rate commissions, worth manufacturers like Outdated Navy and Perpetually 21 obtain low commissions, and a few manufacturers are price zero.
How A lot Can You Earn Utilizing thredUP?
Now the query everyone needs to know is, how a lot can you actually earn promoting on thredUP? In accordance with their web site, roughly 50% of your objects might be accepted, and from that, you’ll make 3%-80% of what an merchandise sells for primarily based on its promoting value, demand, model, and high quality.
You may request your earnings by way of thredUP buying credit score or money by way of Stripe, PayPal, or direct deposit.
Clear as mud?
To provide you an concept of what sellers can actually earn, I’m sharing the contents of one in every of my baggage and the precise payout numbers.
Girls’s Clothes
White Home Black Market leggings
Merona ballet flats
Embroidered denim jacket > 5 years
Banana Republic trousers > 5 years
Juicy Couture denims > 5 years
Loft sweater > 5 years
Merona sweater
J Crew shirt
Cache tank prime
Loft shirt
Banana Republic sweater > 5 years
Outdated Navy denims > 5 years
Cabi hooded sweatshirt > 5 years
Categorical skirt > 5 years
Hole skirt > 5 years
Hole skirt > 5 years
Banana Republic pants > 5 years
Kut from the Kloth denims > 5 years
Banana Republic pants > 5 years
Citizen of Humanity denims
Banana Republic skinny denims
Women Clothes
Outdated Navy denim shorts
Miss Me denim shorts
Outdated Navy printed denim shorts
Austin Buying and selling Co cowboy boots (fake leather-based)
Outdated Navy leggings
Cherokee long-sleeve tee
DKNY long-sleeve tee
Arizona Denims, denim shorts
Cherokee tank prime
Miss Me denims
Hole jumper
Good day Kitty jacket
Xhilaration swim coverup
Xhilaration gown
Jessica Simpson jumper
Jayne Copeland cape > 5 years
GB Women gown
Cherokee vest
Matilda Jane sweater
Light Glory leggings
Nickelodeon shirt
Light Glory T-shirt
Circo T-shirt
From this haul, they accepted 13 objects, solely 30% of the bag. Should you took out my outdated objects, it could be extra on course (43% accepted) with their common acceptance. 5 objects had been offered on consignment ($24.95), and the remaining eight had been bought outright ($9.99) for a complete of $34.94.
Is thredUP Price It?
I’ve been promoting on thredUP since 2015, and over time, I’ve earned a grand complete of $493.42 from the 251 objects they accepted. I really despatched in a bunch of issues that they didn’t settle for, and that went to charity, which I’m joyful to donate.
One other thredUP person, Alicia Woodard, has earned $540.00 utilizing thredUP.
So, would I recommend utilizing thredUP to promote your garments?
It relies upon.
Previous Expertise With thredUP
Previously, I used thredUP as a result of it was straightforward, and I might have donated my attire to Goodwill or given the objects to a good friend. In fact, if I had a designer model of higher worth (assume a Michael Kors purse or a Lululemon tank prime), I might promote it on-line utilizing a web site like eBay, Poshmark, or Fb Market as a result of I knew I might earn an amazing deal extra, and the additional effort and time that went into the itemizing can be price it.
One other issue is that I are inclined to preserve my garments for a very long time, so most of the objects that I despatched to thredUP had been over the 5-year mark, and I figured, why not give it a shot?
I’ve personally discovered that thredUP accepts extra objects for kids than they do for adults (most likely as a result of I preserve my garments for thus lengthy and so they’re out of fashion). So, if you happen to are inclined to replace your wardrobe each season and have present kinds to ship in, you could earn extra money.
It’s additionally higher to ship in seasonally applicable clothes, which implies you’ll have to maintain objects in your closet for just a few months earlier than sending them in.
Present Expertise With thredUP
Having used thredUP for years, I personally don’t really feel prefer it’s price it to make use of the platform anymore.
First is the $14.99 service charge that they deduct out of your earnings.
Second, they’ve a lot clothes coming in that it takes months to course of your clean-out package, so this isn’t a quick method to earn money on-line.
Third, once they settle for your objects, they not buy them outright. They as a substitute put them on consignment, after which they could or might not promote. Within the final batch of clothes, I despatched in, solely 4 objects had been accepted, and just one offered for a grand complete of $1.47.
As a substitute of cashing out my earnings, I used to take the thredUP credit score. And over time, I’ve gotten some nice items from them. Nonetheless, they now have a $3.99 restocking charge if it is advisable return objects, which eats into your earnings much more.
Additionally, I don’t assume thredUP favored the clothes that I despatched in. They declare to have enough stock and moved me to a donate-only account, so I’m not capable of promote on thredUP. Nonetheless, new customers can nonetheless create an account and promote their clothes.
Alternate options to Promoting on thredUP
When you’ve got secondhand clothes that you simply’d wish to promote on-line, there are a lot of on-line and in-person consignment shops to discover.
Garments Mentor
With Garments Mentor, you convey your name-brand clothes, footwear, and equipment for girls sizes 0-26, and they’re going to examine your objects on the spot. Garments Mentor costs objects for a 3rd of the retail value and can give you 25-30% of that itemizing value. Money gives are made instantly, or you may select to take in-store credit score.
Mercari
Mercari is a web-based market the place you may promote every thing from clothes and electronics to jewellery, books, toys, and extra! With Mercari, you’ll obtain the app to your telephone, take some pictures of your merchandise, and add an outline and value. When your merchandise sells, Mercari will e mail you a delivery label that you should ship off inside 3 enterprise days. The client has 3 days to verify that they obtained the merchandise. You’ll then price the client, and the funds might be added to your account. Mercari deducts a delivery and vendor charge out of your sale.
Vinted
Vinted works very similar to Mecari, the place you’ll obtain the app, record your objects, after which ship them off to the shopper. With Vinted, you may promote clothes and niknaks for girls, males, and youngsters. Additionally they settle for residence decor, electronics, and pet provides.
Promoting on thredUP Wrap-Up
Previously, I loved utilizing thredUP each for purchasing and promoting clothes. The method was easy, and so they did the onerous work of itemizing, taking pictures, and dealing with the transaction. However for me, with their new charge construction, it’s not price it.
Should you promote on thredUP, it is advisable have a practical concept of how a lot you’ll earn, how lengthy the method will take, and the way a lot time you’ll save utilizing them vs. promoting outright.
I like the general idea of thredUP and its sustainability enterprise mannequin; I simply don’t really feel like they offer sellers a good value for his or her objects. You’ll find some good offers if you happen to’re fascinated with shopping for clothes off the positioning, however they do have a restocking charge for returns, which frequently deters me from buying there.
Should you’re in search of different on-line marketplaces to promote your clothes, discover this text!
Have you ever offered clothes on thredUP? What was your expertise? Drop us a word; we’d love to listen to from you! Should you loved this publish — please share it in your favourite social media web site.
Initially revealed January 7, 2019. Content material up to date December 2023.