\u00a9 2023 wikiHow, Inc. All rights reserved. Explore the Cost of Education in the United States. Send us your stuff Place the shipping label on the box or bag and drop it off with FedEx or USPS. ThredUp is an online marketplace that allows anyone to buy and sell their clothes with other people across the country. And the idea that you might owe money is really upsetting. Not only do they cater to buyers who love brands but they can also help authenticate and price your items accurately. Oh well, I mostly wanted to clear out my closet. They offer styles for women and kids, including maternity and plus-size options. Are they going to trick me into that $10? You enter your zip code, and are directed to the nearest group. Emily Schmitt is a Technology Writer for wikiHow. ThredUP will take care of the rest they sell and ship your items for you. On ThredUp, sellers are not in control when it comes to the shipping costs or shipping discounts of the item. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Ugh, thats annoying. These type of stores have to have low payouts in order to stay in business, so if youre going to sell at these establishments, expect little $. This article was co-authored by wikiHow staff writer. I am trying to make wiser choices with my money. For our purposes we hit ORDER A FREE KIT. ThredUp's business model depends on selling large quantities of low-priced used clothing and giving sellers a commission. Many of the shirts sold within the first 3 weeks. Congrats on the baby on the way! Having sold on Poshmark and Tradesy, which I do recommend, I really just wanted to get rid of a lot of stuff FAST and with little effort (clearing out for a baby on the way!) My gut feeling about them is that they are greedy and shady. From the 2 articles, Thredup was not profitable in 2015 and this type of business generally has low profit margins. Otherwise, ThredUp will decline and return the items for you. Im a ThredUp convert for sure. I sent a leather coach purse that was in excellent condition and in a dust bag when it left my house. 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. I wish i had donated all of that clothing where it would help people, not just from me to get rich. I just got my info from their website! You simply send your clothes using their free clean-out service. You know what Im talking about, right? The thredUP app puts a thrift store in your pocket by letting you sell women's and children's clothing and accessories to declutter your space while making money all without much effort. It appears Ive got some grades of things to sell. Surely no one actually thought that they would get anything close to full retail for their items, did they? Once they sell your items for you, you can expect to get paid 5% to 80% of the sale value. But then I remembered why I got so excited about ThredUpin the first place. Today, those jobs are usually called side hustles. Somebody is making money and its clearly not me. Emily has experience as an editor of the Davidsonian, the on-campus newspaper at Davidson College. You are hilarious! Well see what happens with ThredUp, but in the end Ill see more space in my closet! When you are selling clothes on ThredUp, you will be given two options for payouts for your items, upfront or consignment. Its now free to list and I dont find the fees to be high. If I wanted to make money Id do the footwork involved with selling on eBay or locally to consignment stores. The top sellers specifically were the Gucci satchel, Louis Vuitton shoulder bag, Tory Burch backpack, Michael Kors leather satchel and Madewell leather bag. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. http://www.businessinsider.com/used-clothing-is-thriving-2016-4 wikiHow, Inc. is the copyright holder of this image under U.S. and international copyright laws. On achieving your financial goals and stay up to date on the resellerratings website 70-100 for you, you only... You simply send your clothes using their free clean-out service online Marketplace that allows to... That says there is a $ 20 minimum cash out jacket could earn you anywhere from $ 70-100 for,! In my closet us your stuff Place the shipping label on the box or bag and drop it off FedEx! Them money with thredup, sellers are not in control when it left my.... 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