In the event you’re interested by how a lot cash you can also make promoting on thredUP, maintain 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 mates, and my mother would promote our previous garments at storage gross sales and consignment outlets. Being introduced up this manner, it was solely pure for me to resell my previous garments for cash too.
The primary time I resold my clothes was in faculty, at a Buffalo Change. I offered a number of 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 straight person-to-person by way of on-line need adverts, like Craigslist and Fb Teams. Once you take the center man out of the equation, your earnings are a lot greater, however it’s a must to make investments extra time writing your advert, taking images, responding to potential patrons, and finally assembly them in individual to make the transaction.
So, when thredUP got here onto the scene, I used to be excited to strive 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 ladies and children.
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 equipment and shipped it again to them. It might normally take them a number of weeks to course of your equipment, after which they bought the objects they needed outright. Now, they’ve many charges, and each merchandise is positioned on consignment.
To begin 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 equipment just like the one pictured under. With the clean-out bag, all it’s a must to do is fill it up along with your gently used clothes and take it to the submit workplace for cargo.
From there, you’ll resolve on the processing time. Presently, it takes 6+ weeks or extra to course of baggage. In the event 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 line with thredUP, they solely settle for about 50% of the objects on common; nonetheless, I really feel prefer it’s lower than that. If you need your objects returned, it’s worthwhile to pay a $10.99 charge; in any other case, you’ll be able to 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 normally takes thredUP longer than estimated to course of clean-out kits, after which you need to anticipate objects to promote. So, when you’re in search of a fast method to make cash, I might discover these different choices.
What Objects Does thredUP Settle for?
If you wish to make cash promoting on thredUP, it’s worthwhile to comply with 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 objects which might be in good situation
thredUP prefers designer manufacturers like J. Crew, Gucci, and Lululemon, which garner the very best consignment commissions. Mid-priced manufacturers like Nike and Hole obtain mid-rate commissions, worth manufacturers like Outdated Navy and Ceaselessly 21 obtain low commissions, and a few manufacturers are price zero.
How A lot Can You Earn Utilizing thredUP?
Now the query everyone desires to know is, how a lot can you actually earn promoting on thredUP? In line with their web site, roughly 50% of your objects shall be accepted, and from that, you’ll make 3%-80% of what an merchandise sells for based mostly on its promoting value, 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 one in all my baggage and the precise payout numbers.
- 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
- 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
- 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
- Hiya Kitty jacket
- Xhilaration swim coverup
- Xhilaration costume
- Jessica Simpson jumper
- Jayne Copeland cape > 5 years
- GB Ladies costume
- 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. In the event you took out my outdated objects, it will be extra on course (43% accepted) with their common acceptance. 5 objects have been offered on consignment ($24.95), and the remaining eight have been bought outright ($9.99) for a complete of $34.94.
Is thredUP Value It?
I’ve been promoting on thredUP since 2015, and through the years, I’ve earned a grand whole 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 completely satisfied 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 buddy. In fact, if I had a designer model of better worth (suppose a Michael Kors purse or a Lululemon tank prime), 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 amazing 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 lots of the objects that I despatched to thredUP have 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 youngsters than they do for adults (most likely as a result of I maintain my garments for thus lengthy and so they’re out of fashion). So, when you are likely to replace your wardrobe each season and have present types to ship in, chances are you’ll earn extra money.
It’s additionally higher to ship in seasonally acceptable clothes, which implies you’ll have to maintain objects in your closet for a number 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 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 equipment, so this isn’t a quick method to make cash on-line.
Third, after they settle for your objects, they now not buy them outright. They as a substitute put them on consignment, after which they might or might not promote. Within the final batch of clothes, I despatched in, solely 4 objects have been accepted, and just one offered for a grand whole 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. Nevertheless, they now have a $3.99 restocking charge if it’s worthwhile to return objects, which eats into your earnings much more.
Additionally, I don’t suppose thredUP appreciated 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. Nevertheless, new customers can nonetheless create an account and promote their clothes.
Options to Promoting on thredUP
You probably 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.
With Garments Mentor, you convey your name-brand clothes, footwear, and equipment for ladies 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 affords are made instantly, or you’ll be able to select to take in-store credit score.
Mercari is a web-based market the place you’ll be able to promote the whole lot from clothes and electronics to jewellery, books, toys, and extra! With Mercari, you’ll obtain the app to your telephone, take some images of your merchandise, and add an outline and value. When your merchandise sells, Mercari will e-mail you a delivery label that you need to ship off inside 3 enterprise days. The shopper has 3 days to verify that they obtained the merchandise. You’ll then price the customer, and the funds shall be added to your account. Mercari deducts a delivery and vendor charge out of your sale.
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’ll be able to promote clothes and accessories for ladies, males, and kids. In addition they settle for residence decor, electronics, and pet provides.
Promoting on thredUP Wrap-Up
Previously, I loved utilizing thredUP each for getting and promoting clothes. The method was easy, and so they did the laborious work of itemizing, taking images, and dealing with the transaction. However for me, with their new charge construction, it’s not price it.
In the event you promote on thredUP, it’s worthwhile to 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 will discover some good offers when you’re keen on shopping for clothes off the location, however they do have a restocking charge for returns, which frequently deters me from purchasing there.
In the event 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 be aware; we’d love to listen to from you! In the event you loved this submit — please share it in your favourite social media website.
Initially revealed January 7, 2019. Content material up to date December 2023.