Love the idea of making money reselling items you no longer want, even items no one else wants anymore. We’ve heard many success stories from sellers on eBay, Amazon, Facebook and Craigslist in the past.
Today we’re looking at a few sites dedicated to helping you sell your gently-used clothes for cash. All these websites have handy smartphone apps to make the listing and selling process even easier
It is a marketplace that allows users to buy, sell or swap. There are no fees for selling through the site, although buyers are expected to pay 5% of the cost of the order plus a $0.70 fee. Vinted asks for proof of authenticity on luxury items, and reviews indicate that there are regular hiccups with the process. Sellers are free to set their own prices. These setups have both good and bad. As a buyer, beware of possible fakes and overpriced merchandise. As a seller, only accept payments through the site, document everything and follow up on any issues. Payments are made and accepted only by direct deposit.
Poshmark
This marketplace gets bonus points not only for their app but also for their virtual posh parties. These online events happen 4 times a day and feature posh picks from among the items available in the marketplace That’s great promotion for your designer items.
Another thing I love about Poshmark is their Posh Concierge service. This is an added layer of buyer protection on high value items. For $39, or free for items over $500, shoppers can send their purchased item to Poshmark first to be verified for authenticity and quality. Buyer protection can mean more sales for sellers.
Poshmark’s commission is 20% of every sale over $15 or $2.95 for those under $15. They charge a flat fee of $6.95 for shipping (as long as a package does not exceed 5 pounds), and all items are shipped via USPS using 1 – 3 day Priority Mail. Excellent!
I have bought and sold several times through this site over the years. Their app helps you touch up your photos for a more professional look They allow listings for everything from casual wear to wedding dresses and jewelry to handbags. When you sell an item and it’s time to ship it, they send you a pre-paid, pre-addressed shipping kit that allows you to package your items in style.
Tradesy doesn’t favor brands, and they’ll even help you determine the price to sell your item. Their commission is $7.50 for items sold under $50 and 14.9% on items over $50. They charge an additional 2.9% when you cash out your funds as opposed to using them as store credit for your own purchases.
threadup
It is probably the most well-known of the clothing consignment shops. ThredUp used to be just for kids, but they now also deal in women’s clothing, shoes and handbags. They are a full service shop. You send them the clothes, they pay you up front and then sell the product to the buyer.
ThredUp is all about quality, and accepts new items with absolutely no defects. They will not accept clothing purchased more than 5 years ago or clothing that is out of season (like Christmas sweaters). To send your items to ThredUp, simply order a clean out kit – processing your items for free currently takes an average of 2 months, while you can move to the top of the line for a $9.99 fee. If you want to return the dress you didn’t choose, be sure to pay for the money back guarantee ($10.99). The site pays immediately for “upfront” items (items that are ongoing, in season, and in great condition) and pays for sales for “consignment” items (items that are off-season, in great condition, but will take longer to sell). You earn up to 80% of the sale price based on various factors.
Depop is a global marketplace for pre-loved apparel, footwear and sports accessories in an active and interactive forum. Headquartered in London, they also have offices in Milan and NYC. You can buy and sell from anywhere with their app – and be quite successful at it too! Just check out this interview with Hazel, who makes $18,000+ per year selling through Depop.
When you sell with Depop, you must clearly describe your item and any defects; You must refrain from listing items on their prohibited list. (Repeated violations of this rule will get you banned.) Depop charges a flat 10% fee for each sale, which they deduct from your Paypal account as a separate transaction from depositing your sales earnings. You decide in the app whether to charge your buyer for shipping or cover shipping. Depop encourages people to connect with their buyers and sellers through the app – promoting safe sales and a global community.
We all know and love eBay. Sarah Titus has shared some rockin’ reseller tips with us in the past. For a category like clothing, it’s usually free to list up to 50 items per month, although some exclusions apply. You will pay only 10% of the final sale price. When listing more than 50 items per month, you can pay $.30 per item depending on your listing type (auction-style or fixed price) and a 10% commission on eBay.
From Christa The quintessential mother Also recommend eBay. He says, “My best advice is to sell NAME BRAND clothing and make sure it’s very reasonably priced. People want to get a good deal even if it’s new with the tag!”
Have you made money as a clothing reseller? I’d love to hear your tips and favorite apps. Looking for more products to resell? See my post 45 Ways to Buy Low with Retail Arbitrage. You may also be interested in Cynthia Stine’s tips Earn $40,000 as an Amazon FBA seller.
No Comments
Leave a comment Cancel