\u00a9 2023 wikiHow, Inc. All rights reserved. In times of inflation and ever-increasing interest rates, an extra source of income could be just the thing your budget needs. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. Otherwise, ThredUp will decline and return the items for you. Thanks. ThredUP and The RealReal are both online marketplaces where you can sell your used items to make extra money online. Fascinating:Biggest Product Flops From 20 Major Companies. The platform gives life to millions of used clothes, offsetting the environmental and financial cost of fashion. SNAP Benefits: Can You Use EBT Card/Food Stamps To Purchase Hot Food? Ive taken things and offered things. Not only do they cater to buyers who love brands but they can also help authenticate and price your items accurately. I shipped off 29 articles of clothing and four pairs of shoes. I tried Thred Up last year. I need to re-update the post! Pick your favorite items to sell in bulk and get everything out of your house quickly! Check Your Pockets Before You Use Back in the day, people used the term "moonlighting" to describe second jobs that typically were done at night, after the regular workday. I dont find eBay as a reliable place to sell, but theyre MUCH better than ThredUp. It is fun browsing through the listings. I thought about all the money, time, and gas that I lost. Learn more ThredUP is a thrifting and shopping site for sustainable fashionistas. ThredUP takes care of shipping and handling of all items, so you dont have to worry about shipping costs or items getting returned. Ive been meaning to clean out my closet for a while now, Ive tried the consignment store path before, and was totally miffed they didnt accept my clothes!! Somebody is making money and its clearly not me. Go to ThredUp and click CLEAN OUT in the top menu bar. Berry said the category is successful because it focuses on unique items that are hard to find and vintage pieces from iconic brands. The Items they do not accept are not donated. After reading online about so many experiences that were similar to mine (pennies on the dollar for payout, poor response from customer service, a claim that I did not check to have items returned) I am convinced that Thred-ups business model is to encourage women to clean out their closets, and pay them a pittance knowing theyll never sell items again. ThredUP is best for women who are looking to start an online business from home where they can sell gently used items online. At the very least I would have had to get in my car andbleh I cant even think about it beyond that. Lengthy but convenient. But I never received a return email on my question of consignment vs upfront and to please correct. Some of them are worth my time and effort to eBay, some things Ill try at a local store, etc. Thank you for clearing this up! Thanks to all authors for creating a page that has been read 14,881 times. It is a scam! My new favorite top, bag, and dress are all ThredUp finds. Review thredUP's quality standards to make sure your clothes are able to be sold. For the items they want to sell, you will have a 12-hour window to set the listing price of your item. If you click the link, shop, and once you checkout you should see the credit! Send us your stuff Place the shipping label on the box or bag and drop it off with FedEx or USPS. Ive never heard of Buy Nothing, but do you have Freecycle in your area? I love shopping on Thred up, but after reading everyones comments, Ill just list my items on eBay. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. For items more than $200, thredUP pays 80 percent of what its listing price is. I cannot believe they would do this to trusting people. Ive sold to ThredUp numerous times, and Ive been fine with it. This means that it's likely in an in-between stage of processing, and should updated within a couple of business days. Id rather give it away free on Buy Nothing locally or donate to a thrift store. Thanks for commenting! The RealReal caters to luxury clothing and accessories, while ThredUP accepts various brand name items. I totally agree with you about the clothes, and shoes when consigning to ThreadUp only send what youd be willing to donate anyway and hope to get something. I suggest others do the same. ThredUP has made it its mission to educate consumers and bring awareness to the global fashion waste crisis. Terrible. With three full bags of items that wouldve sold for $700 (my RESALE price, not retail! Do you mean sending it to ThredUp? You were smart to visit the consignment stores first! thredUP is committed to selling only the highest quality secondhand items. But keep in mind that brand new items should only be sold if they are unopened. Ive made 3 orders from them, and while Ive loved everything Ive gotten from them I cant shake this feeling of distrust. Yes, you can adjust your listing prices as often as you would like, as long as the item is not in a shoppers cart. I didnt have a bad experience, and my neighbor sent away a bag and didnt have a bad experience, so hopefully if you decide to try ityou wont have a bad experience either. If not, then you can probably sell it! You then choose whether to pass on your unsold items to charity or have them returned to you for a small postage charge. my thoughts EXACTLY!! Two interesting articles on ThredUps business margins and profitability: And the idea that you might owe money is really upsetting. Starting Wednesday, customers can browse. Just like any high-end resale store, we have professional buyers who carefully evalua. But its so much more work!). Finally, selling on ThredUp is a great option if youre looking to get cash quickly for your items. ThredUP makes selling your clothes easy and ethical, so you can clean out your closet and make some money doing it. I remember seeing that a few times, and thinking it was unethical. Then $13 off a bag so packed to the gills I had to reinforce it with duct tape. I actually think that since I wrote this post several years ago, their acceptance rate/payout has gone down. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. Some customers have raised complaints that the app consistently freezes, has not offered payment on sold items, and has lost customer items. How do you know that? They accepted nearly everything in 2 giant bags I sent them and then 2 pieces from a 3rd bag. why. Although you can sell trendy items on the site, they do not cater to high-end brand buyers. If you live in a warm climate or just arent feeling your winter clothes, check the brands before giving them to goodwill. Seller's Protection Just so its clear what happens to your clothes. Good luck to you all. Generation Z: The Future of FinancesLearn More: Gen Z Has Strong Opinions on Capitalism -- Do Experts Agree? You have the option to pay $16.00 for a faster three-week processing period. ThredUP not only takes care of shipping and returns but will also photograph and sell your items for you. The referral link works like a coupon. I get it. With ThredUP, you can sell your used clothing online and make extra cash. Also, maybe I am blind but I didnt see anywhere that says there is a $20 minimum cash out. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. Especially for kids stuff. I sent in my last bag at the beginning of August, and their estimate for processing is mid-October lol. Im a ThredUp convert for sure. You can use your earnings towards other thredUP purchases. Thrift & sell women's and kids' clothes online. They post clearly that items under $15 will get 10% back. ThredUp has specific quality standards so make sure that your items fall within their guidelines before you send them your clothes! Then, return postage? I think Ill try one of those pages for the new skirts I was going to sell on ThredUp. Its an app that people can use just like a regular wallet to store their card details and information. Never again! PayPal: 2% transfer fee Stripe: $0.25 and 1.5% transfer fee Earnings remain in an account for 1 year. I have bought and sold about 7 times and will keep them in business. They might not accept your stuff; dont take it personally. LOL! Items will stay live on the platform for 60-90 days, depending on the brand. These offers do not represent all deposit accounts available. They provide a simple, hassle-free way to get rid of your gently used clothing in a matter of minutes. Most of the bag was kids clothes and J.Crew, which ThredUp lists as one of their most popular brands. By making pennies on each sale, the company racked up $128 million in . Once ThredUp receives your items and approves them, everything will be worry-free since they take care of the rest! Over the last three years or so, Ive sent in four or five bags to ThredUp. I did not have the same experience. In August, JCPenney and Macy's announced plans to test in-store ThredUp . they say on their site that unaccepted items are passed on to third party sellers or our textile recycling partners and repurposed into new, useful products like carpets and pillow stuffing., See, this right here should tell you all you need to know about ThredUP and their business model. I ordered a Taylor Woman dress, a Dressbarn dress, a Lands End button up shirt, and a summer sleeveless blouse. Send your kit to ThredUP with FedEx or USPS (ThredUP provides the shipping label). I would like some proof that things are donated. Also annoying is that some stores will ship an item, and other stores will not. If the pay-out on this bag is the same or less than the tax savings, I will know that its not worth it to send clothes to thredUP again. You have to dig for it, but I got this from their FAQ about what happens to rejected items (if you dont pay 9.99 for return assurance): ThredUP works with different organizations, wholesalers, thrifting companies, and charities who distribute, resell, and recycle this unaccepted clothing. Enter the brand and category of your item. But should have gotten more than $0.82 for a piece. (I also did not look for reviews until after Id sent my bag.). It appears Ive got some grades of things to sell. In 2020, bags were shown to have the most resale value. My experience was not very good I tried to show through emails and sign-up that I requested consignment even immediately when I received the upfront dollar amount. Include your email address to get a message when this question is answered. I think it is a win-win only for ThredUp. Who knows that someone didnt just keep the purse or sell it else where? wikiHow is where trusted research and expert knowledge come together. I majored in Communications in college so Im shaky on stuff like this. When eligible items sell, cash out or get shopping credit. I sent in over 20 name brand labels they requested and made $9.09. We use cookies to make wikiHow great. Kate Starr is a personal finance, FinTech and MarTech writer. Yes! This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Just give the items away or take the time to sell them on eBay. in many ways it is like ebay. Unlike other platforms like eBay, or Facebook Marketplace, you cannot list all your items for sale. Many of the shirts sold within the first 3 weeks. Looking to clear some space for some new formalwear? Your email address will not be published. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Also, the reviews for buying are really great you can score great deals because they dont pay a ton for the clothes. When packing, please take into account some shipping restrictions: Boxes should not weigh more than 30 pounds wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. (But if you have any questions about AP Style I might be able to help), [Im sure some of the bad reviews are legit, but Im also sure some people are just miffed that their stuff was rejected. I might edit it to reflect the change because I agree with you, that makes a huge difference. If you have brand-name clothing or accessories you no longer have use for and want to make additional income, ThredUP is the platform for you. They provide a hassle-free way to sell clothes online. Many of these sweaters are now hard to find, meaning their value could go up based on that scarcity. Am I crazy? But, Ive seen lots of nice things on there. Wrong move. it does take a long time! What you are saying makes sense except for the fact that numerous people, including myself, didnt get their bags returned and ThredUp claims the option wasnt selected. But when you have a $100+ black Longchamp bag that was used once disappearing from your cleanout bag during processing, something is wrong. Thank you for the honest and thoughtful review! If your item doesnt sell, you can reclaim your item within the last 7 days of the consignment period. Here are a few other reasons why people love selling on ThredUp: In general, its usually much easier and faster to sell your clothing on ThredUp than trying to do it at a consignment shop, yard sale, or listing them by yourself online. Selling old clothes on ThredUp is a good way to make money on your gently used but unwanted clothing items. And, you know that whoever replies to your post wants/needs the item. I have a feeling that ThredUp may have some good charities to donate to with the items they dont use. Found this post after googling and trying to find out other folks experiences with sending shoes to ThredUP. I know you can pay extra to have rejected items returned. 2. Millions of people around the world sell their clothes on sites like eBay and Poshmark to get rid of old items they no longer wear. How to Sell on Depop and Start Making Money From Home, Top Tips for Selling on Poshmark (no experience needed). Your post and the updates are to the point about thredUP. ThredUP is an online consignment thrift store where you can sell your gently used clothing and earn a commission of up to 80% of the items sale price. Your email address will not be published. While selling online does have many benefits, there are some drawbacks as well. was it your first time using thredup? Another site for buying, not selling, is shopgoodwill.com, which is the Goodwill version of ebay. You have peace of mind knowing that your item will be mailed directly to the buyer so its less likely to get lost or damaged. wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. Ensure that your clothing is not from a brand mentioned in ThredUPs list of ineligible brands for payout. Before you start selling clothing online, there are a few things you should know. Sorry that happened to you. sOMETHING i FEEL OBLIGATED TO ADD/ASK FOR PEOPLE THAT ARE REALLY UPSET, ARE YOU DOING THE MATH OF WHAT THE ACTUAL PAY OUT IS? $9.99 to send them a bag, then, if you want things returned. While Im not after a huge payout and I agree that we over-estimate the value of our belongings, it gives me pause that the bad reviews are very current and that a lot of people reported getting nothing or a pittance of a pay out, even on new items. I just requested my first bag not sure if Im going to use it or not, though, based on so many negative reviews. Did you try my referral link? This image may not be used by other entities without the express written consent of wikiHow, Inc.
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