ThredUP makes it easy to get cash for clothes
oshmark, ThreadFlip and Tradsey; if you’re in the know about online fashion consignment then these names are already familiar to you. You are also familiar with what a blessing they are for those of us that have closets packed with awesome clothes that for one reason or another we just don’t wear anymore but we can’t simply give away. These sites make it easy for you to post and resell those fashionable finds, letting you make some extra money while keeping the size of your clothing collection manageable. Well for all you online fashion consignment shoppers and sellers out there here’s a new site you might want to check out, it’s called ThredUp.
Actually ThredUp isn’t really new; they’ve already established themselves in the area of children’s consignment clothing, but earlier this year they took the journey into women’s fashion and it’s going well so far with over 40,000 women’s items from 4000 brands.
But ThredUP is not like the other previously mentioned consignment sites. Places like Poshmark and Tradsey use a peer-to-peer model in which they provide the forum for sellers to connect to buyers. At ThredUP sellers are in complete charge of managing the buying/selling process. Sellers take the pictures of the garments, price the garments, communicate with buyers and ship the items. But ThredUP simplifies the process for you by doing all the legwork; you just have to send them the clothes you want to sell.
Here’s how it works:
- You go to ThredUP.com and request a “clean out bag”
- You then fill the bag with all your unwanted clothing and send it back to ThredUp
- They go through your bag and pick out what they want to sell on the site and pay you for it and donate what they don’t want.
That’s it. Once you send them that bag of clothing you don’t have to worry about anything else except getting paid. It’s as simple and easy as that, but like with every upside there is of course a downside. The downside to ThredUP is this; you only receive 40% of your clothing’s resale value, whereas other online consignment shops allow you to keep 75% to 80%. At first it may seem like not too good of a deal, but if you stop and think about the selling process of the other sites you see that while you don’t make as much with ThredUP you do save time and hassle.
It all depends on what you’re looking to gain from your resell experience. Are you looking to maximize some profits with some unwanted but not unattractive articles of clothing or do you just need to makes some quick cash and clear out your closet? If your answer is clean closet and quick cash then ThredUP is the one for you.