In the event you’re interested in how a lot cash you may make promoting on thredUP, maintain studying! I’m detailing my private expertise utilizing the net consignment store and whether or not it’s price your time.
Rising up, my household was on a decent finances. To assist make ends meet, my sister and I might put on hand-me-downs from household and associates, 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 bought a couple of pairs of denims and a few sneakers. 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 gadgets.
From there, I began promoting straight person-to-person by way of on-line need adverts, like Craigslist and Fb Teams. Whenever you take the center man out of the equation, your earnings are a lot increased, however you must make investments extra time writing your advert, taking images, 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 purchase 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. After I first began utilizing thredUP, there have been no charges to start out promoting; you simply ordered a clean-out equipment and shipped it again to them. It could often take them a couple of weeks to course of your equipment, after which they bought the gadgets they wished 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 transport label with your individual field or paying a $2.99 price to get a clean-out equipment just like the one pictured beneath. With the clean-out bag, all you must 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. At present, it takes 6+ weeks or extra to course of luggage. In the event you’d like rush processing (2 weeks), you’ll be charged a $8.00 price.
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 gadgets on common; nonetheless, I really feel prefer it’s lower than that. If you’d like your gadgets returned, that you must pay a $10.99 price; in any other case, you’ll be able to select to donate what’s left.
The final price is a $14.99 service price that’s deducted out of your earnings for utilizing their service. After I first began promoting on thredUP, they didn’t have this price.
It often takes thredUP longer than estimated to course of clean-out kits, after which you could anticipate gadgets to promote. So, if you happen to’re on the lookout for a fast strategy to generate profits, I might discover these different choices.
What Objects Does thredUP Settle for?
If you wish to generate profits promoting on thredUP, that you must observe their high quality requirements:
- Your clothes must be clear and freshly washed
- Identify manufacturers
- On pattern and fewer than 5 years previous
- Objects freed from tears, stains, or rips
- Excessive-quality gadgets which can 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 Previous Navy and Endlessly 21 obtain low commissions, and a few manufacturers are price zero.
How A lot Can You Earn Utilizing thredUP?
Now the query all people needs to know is, how a lot can you actually earn promoting on thredUP? In accordance with their web site, roughly 50% of your gadgets will likely be accepted, and from that, you’ll make 3%-80% of what an merchandise sells for primarily based on its promoting worth, demand, model, and high quality.
You possibly can request your earnings by way of thredUP purchasing 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 certainly one of my luggage and the precise payout numbers.
Ladies’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 high
- Loft shirt
- Banana Republic sweater > 5 years
- Previous Navy denims > 5 years
- Cabi hooded sweatshirt > 5 years
- Specific 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
- Previous Navy denim shorts
- Miss Me denim shorts
- Previous Navy printed denim shorts
- Austin Buying and selling Co cowboy boots (fake leather-based)
- Previous Navy leggings
- Cherokee long-sleeve tee
- DKNY long-sleeve tee
- Arizona Denims, denim shorts
- Cherokee tank high
- 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
- Pale Glory leggings
- Nickelodeon shirt
- Pale Glory T-shirt
- Circo T-shirt
From this haul, they accepted 13 gadgets, solely 30% of the bag. In the event you took out my outdated gadgets, it could be extra on the right track (43% accepted) with their common acceptance. 5 gadgets had been bought 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 through the years, I’ve earned a grand complete of $493.42 from the 251 gadgets they accepted. I truly despatched in a bunch of issues that they didn’t settle for, and that went to charity, which I’m completely satisfied to donate.
One other thredUP consumer, Alicia Woodard, has earned $540.00 utilizing thredUP.
So, would I counsel utilizing thredUP to promote your garments?
It relies upon.
Previous Expertise With thredUP
Up to now, I used thredUP as a result of it was simple, and I might have donated my attire to Goodwill or given the gadgets to a buddy. In fact, if I had a designer model of higher worth (suppose a Michael Kors purse or a Lululemon tank high), I might promote it on-line utilizing a website like eBay, Poshmark, or Fb Market as a result of I knew I might earn an incredible deal extra, and the additional effort and time that went into the itemizing could be price it.
One other issue is that I are likely to maintain my garments for a very long time, so most of the gadgets 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 gadgets for kids than they do for adults (in all probability as a result of I maintain my garments for thus lengthy they usually’re out of favor). So, if you happen to are likely to replace your wardrobe each season and have present kinds to ship in, it’s possible you’ll earn more cash.
It’s additionally higher to ship in seasonally acceptable clothes, which suggests you’ll have to maintain gadgets in your closet for a couple of 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 price 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 equipment, so this isn’t a quick strategy to generate profits on-line.
Third, after they settle for your gadgets, they now not buy them outright. They as an alternative put them on consignment, after which they might or could not promote. Within the final batch of clothes, I despatched in, solely 4 gadgets had been accepted, and just one bought for a grand complete of $1.47.
As a substitute of cashing out my earnings, I used to take the thredUP credit score. And through the years, I’ve gotten some nice items from them. Nonetheless, they now have a $3.99 restocking price if that you must return gadgets, which eats into your earnings much more.
Additionally, I don’t suppose thredUP preferred the clothes that I despatched in. They declare to have ample stock and moved me to a donate-only account, so I’m now 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 have secondhand clothes that you just’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, sneakers, and equipment for girls sizes 0-26, and they’ll examine your gadgets on the spot. Garments Mentor costs gadgets for a 3rd of the retail worth and can give you 25-30% of that itemizing worth. Money provides are made instantly, or you’ll be able to select to take in-store credit score.
Mercari
Mercari is a web based market the place you’ll be able to promote all the things from clothes and electronics to jewellery, books, toys, and extra! With Mercari, you’ll obtain the app to your cellphone, take some images of your merchandise, and add an outline and worth. When your merchandise sells, Mercari will e-mail you a transport label that you could ship off inside 3 enterprise days. The client has 3 days to substantiate that they obtained the merchandise. You’ll then fee the customer, and the funds will likely be added to your account. Mercari deducts a transport and vendor price out of your sale.
Vinted
Vinted works very like Mecari, the place you’ll obtain the app, record your gadgets, after which ship them off to the shopper. With Vinted, you’ll be able to promote clothes and accessories for girls, males, and youngsters. Additionally they settle for house decor, electronics, and pet provides.
Promoting on thredUP Wrap-Up
Up to now, I loved utilizing thredUP each for purchasing and promoting clothes. The method was easy, they usually did the arduous work of itemizing, taking images, and dealing with the transaction. However for me, with their new price construction, it’s not price it.
In the event you promote on thredUP, that you must 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 worth for his or her gadgets. You’ll find some good offers if you happen to’re all for shopping for clothes off the positioning, however they do have a restocking price for returns, which frequently deters me from purchasing there.
In the event you’re on the lookout for different on-line marketplaces to promote your clothes, discover this text!
Have you ever bought clothes on thredUP? What was your expertise? Drop us a notice; we’d love to listen to from you! In the event you loved this publish — please share it in your favourite social media website.
Initially printed January 7, 2019. Content material up to date December 2023.
