Should you’re interested by 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 good price range. To assist make ends meet, my sister and I’d put on hand-me-downs from household and mates, and my mother would promote our previous garments at storage gross sales and consignment retailers. 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 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 gadgets.
From there, I began promoting straight person-to-person by way of on-line need advertisements, like Craigslist and Fb Teams. If you take the center man out of the equation, your earnings are a lot larger, however you need to make investments extra time writing your advert, taking photographs, 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 purchase and promote gently-used clothes, footwear, purses, equipment, and jewellery for girls and children.
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 just a few weeks to course of your equipment, after which they bought the gadgets 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 charge to get a clean-out equipment just like the one pictured beneath. With the clean-out bag, all you need to do is fill it up together with your gently-used clothes and take it to the publish workplace for cargo.
From there, 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 would like your gadgets returned, you want to pay a $10.99 charge; in any other case, you possibly can 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. After I first began promoting on thredUP, they didn’t have this charge.
It normally takes thredUP a month or longer to course of clean-out kits, after which you will need to look ahead to gadgets to promote. So, when you’re on the lookout for a fast solution to generate profits, I’d discover these different choices.
What Gadgets Does thredUP Settle for?
If you wish to generate profits promoting on thredUP, you want 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
- Gadgets 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 very best consignment commissions. Mid-priced manufacturers like Nike and Hole obtain mid-rate commissions, worth manufacturers like Outdated Navy and Eternally 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 accordance with their web site, roughly 50% of your gadgets 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 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 thought of what sellers can actually earn, I’m sharing the contents of certainly one 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
- Hi there 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 gadgets, solely 30% of the bag. Should you took out my outdated gadgets, it might be extra heading in the right direction (43% accepted) with their common acceptance. 5 gadgets 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 $493.02 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 pleased to donate.
One other thredUP consumer, 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
Up to now, I used thredUP as a result of it was straightforward, and I’d have donated my attire to Goodwill or given the gadgets to a pal. In fact, if I had a designer model of better worth (suppose a Michael Kors purse or a Lululemon tank prime), 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 incredible 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 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 therefore lengthy they usually’re out of fashion). So, when you are inclined to replace your wardrobe each season and have present types to ship in, it’s possible you’ll earn extra money.
It’s additionally higher to ship in seasonally applicable clothes, which implies you might have to maintain gadgets 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 equipment, so this isn’t a quick solution 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 might not promote. Within the final batch of clothes, I despatched in, solely 4 gadgets 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 you want to return gadgets, which eats into your earnings much more.
Conclusion
Up to now, I loved utilizing thredUP each for purchasing and promoting clothes. The method was easy, they usually did the onerous work of itemizing, taking photographs, and dealing with the transaction. However for me, with their new construction, it’s not price it.
Should you promote on thredUP, you want to have a practical 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 provide sellers a good worth for his or her gadgets. Yow will discover some good offers when you’re thinking about shopping for clothes off the location, however they do have a restocking charge for returns, which regularly deters me from purchasing there.
Should you’re on the lookout for 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! Should 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.