In the event you’re inquisitive about 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 value your time.
Rising up, my household was on a decent funds. To assist make ends meet, my sister and I’d put on hand-me-downs from household and buddies, and my mother would promote our outdated garments at storage gross sales and consignment outlets. Being introduced up this manner, it was solely pure for me to resell my outdated garments for cash too.
The primary time I resold my clothes was in school, at a Buffalo Change. I bought a number 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 in a position to purchase myself a few new-to-me clothes objects.
From there, I began promoting instantly 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 income are a lot larger, however it’s a must to make investments extra time writing your advert, taking photographs, responding to potential consumers, and ultimately 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 ladies 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 begin 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 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 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 publish workplace for cargo.
From there, you’ll determine what to do with the clothes that isn’t accepted for resale. In keeping with thredUP, they solely settle for about 50% of the objects on common; nevertheless, I really feel prefer it’s lower than that. If you’d like your objects returned, you should pay a $10.99 price; in any other case, you possibly can 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 normally takes thredUP a month or longer to course of clean-out kits, after which you need to look forward to objects to promote. So, in the event you’re in search of a fast technique to earn money, I’d discover these different choices.
What Gadgets Does thredUP Settle for?
If you wish to earn money promoting on thredUP, you should observe their high quality requirements:
- Your clothes must be clear and freshly washed
- Title manufacturers
- On pattern and fewer than 5 years outdated
- 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 very 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 value 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 keeping 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 worth, 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 offer you an thought of what sellers can actually earn, I’m sharing the contents of one among 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 high
- Loft shirt
- Banana Republic sweater > 5 years
- Previous 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
Ladies 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
- Howdy Kitty jacket
- Xhilaration swim coverup
- Xhilaration gown
- Jessica Simpson jumper
- Jayne Copeland cape > 5 years
- GB Ladies gown
- Cherokee vest
- Matilda Jane sweater
- Pale Glory leggings
- Nickelodeon shirt
- Pale 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 could be extra on the right track (43% accepted) with their common acceptance. 5 objects 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 over time, I’ve earned a grand whole of $493.02 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 happy to donate.
One other thredUP person, 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
Previously, I used thredUP as a result of it was straightforward, and I’d have donated my attire to Goodwill or given the objects to a good friend. In fact, if I had a designer model of larger worth (suppose a Michael Kors purse or a Lululemon tank high), I’d promote it on-line utilizing a web site like eBay, Poshmark, or Fb Market as a result of I knew I’d earn an excellent deal extra, and the additional effort and time that went into the itemizing could be value it.
One other issue is that I are inclined to preserve my garments for a very long time, so lots 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 youngsters than they do for adults (in all probability as a result of I preserve my garments for thus lengthy they usually’re out of favor). So, in the event you 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 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 value 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 technique to earn money on-line.
Third, once they settle for your objects, they now not buy them outright. They as a substitute put them on consignment, after which they could or could not promote. Within the final batch of clothes, I despatched in, solely 4 objects had been accepted, and just one bought for a grand whole 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. Nevertheless, they now have a $3.99 restocking price if you should return objects, which eats into your earnings much more.
Conclusion
Previously, I loved utilizing thredUP each for purchasing and promoting clothes. The method was easy, they usually did the exhausting work of itemizing, taking photographs, and dealing with the transaction. However for me, with their new construction, it’s not value it.
In the event you promote on thredUP, you should have a sensible thought 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 objects. You will discover some good offers in the event you’re fascinated about shopping for clothes off the location, however they do have a restocking price for returns, which regularly deters me from buying there.
In the event you’re in search of 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 be aware; we’d love to listen to from you! In the event you loved this publish — please share it in your favourite social media web site.
Initially printed January 7, 2019. Content material up to date April 2023.