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 value your time.
Rising up, my household was on a good funds. 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 Trade. I offered 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 immediately 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 income are a lot larger, however you must 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 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 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 package and shipped it again to them. It might often take them a couple of weeks to course of your package, after which they bought the gadgets they wished 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 price to get a clean-out package just like the one pictured beneath. With the clean-out bag, all you must do is fill it up together with your gently used clothes and take it to the put up 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 price.
Subsequent, you’ll resolve what to do with the clothes that isn’t accepted for resale. Based on 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 have to 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 often takes thredUP longer than estimated to course of clean-out kits, after which you will need to look forward to gadgets to promote. So, if you happen to’re in search of a fast option to generate income, I might discover these different choices.
What Gadgets Does thredUP Settle for?
If you wish to generate income promoting on thredUP, you have to observe their high quality requirements:
- Your clothes must be clear and freshly washed
- Title manufacturers
- On pattern and fewer than 5 years previous
- Gadgets freed from tears, stains, or rips
- Excessive-quality gadgets 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 Ceaselessly 21 obtain low commissions, and a few manufacturers are value zero.
How A lot Can You Earn Utilizing thredUP?
Now the query all people desires to know is, how a lot can you actually earn promoting on thredUP? Based on 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 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 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
- 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
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
- Hey 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 gadgets, solely 30% of the bag. In the event you took out my outdated gadgets, it will 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 through the years, I’ve earned a grand whole 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 happy 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
Prior to now, I used thredUP as a result of it was straightforward, and I might have donated my attire to Goodwill or given the gadgets to a buddy. After all, if I had a designer model of better worth (suppose a Michael Kors purse or a Lululemon tank high), I might promote it on-line utilizing a web site like eBay, Poshmark, or Fb Market as a result of I knew I might earn an important deal extra, and the additional effort and time that went into the itemizing can be value it.
One other issue is that I are likely to maintain my garments for a very long time, so lots 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 youngsters than they do for adults (in all probability as a result of I maintain my garments for therefore lengthy they usually’re out of favor). So, if you happen to 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 applicable clothes, which suggests you could 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 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 package, so this isn’t a quick option to generate income on-line.
Third, after they settle for your gadgets, they 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 gadgets had been accepted, and just one offered for a grand whole of $1.47.
As an alternative 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 you have to 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 not capable of promote on thredUP. Nonetheless, new customers can nonetheless create an account and promote their clothes.
Alternate options to Promoting on thredUP
If in case you have secondhand clothes that you just’d prefer 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 ladies sizes 0-26, and they’ll examine your gadgets on the spot. Garments Mentor costs gadgets for a 3rd of the retail value and can give you 25-30% of that itemizing value. Money affords are made instantly, or you possibly can select to take in-store credit score.
Mercari
Mercari is a web-based market the place you possibly can promote every little thing 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 value. When your merchandise sells, Mercari will electronic mail you a delivery label that you will need to ship off inside 3 enterprise days. The client has 3 days to substantiate that they obtained the merchandise. You’ll then charge the client, and the funds might be added to your account. Mercari deducts a delivery and vendor price out of your sale.
Vinted
Vinted works very like Mecari, the place you’ll obtain the app, checklist your gadgets, after which ship them off to the shopper. With Vinted, you possibly can promote clothes and niknaks for ladies, males, and youngsters. Additionally they settle for residence decor, electronics, and pet provides.
Promoting on thredUP Wrap-Up
Prior 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 value it.
In the event you promote on thredUP, you have to have a sensible 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 provide sellers a good value for his or her gadgets. You’ll find some good offers if you happen to’re curious about shopping for clothes off the location, however they do have a restocking price 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 put up — please share it in your favourite social media web site.
Initially revealed January 7, 2019. Content material up to date December 2023.